Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 49.24

+4.2%

4:00 PM EST

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To: da_cheif™ who wrote (33029)	9/30/2008 8:10:39 AM
From: gregor_us	of 207618

I regard a credit crisis as the most lethal of all problems for a stock market. I'd rather see stocks face war, terrorism, political assassination, industrial bankruptcy, or social strife. A stock market can recover from all of those much more easily than a credit crisis. A credit crisis is like poison, and it infects the banking system. I'm beginning to think assets cannnot recover from this situation. But, I am glad to see you are bullish. David Bensimon put 1170 as the hard downside target for tnext week, OCT 6, and sees an era of global prosperity, with SPX at 3600 at the end of 2012, and the Hang Seng going to 100K. I hope that happens. G

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