Hi Ron, my worst fears were realized last night. The market went up instead of down. The outcome is as convincing as Korea's victory against Spain in the World Cup match.
If I were a betting man, I would bet the market will go down today, due mainly to a pervasive sense of unease, like that which would be prevalent should there be a re-match between Korea and Spain, but taking place in Madrid.
I think <<1200 to 1300>> is almost a certainty in our life time.
MSFT, GE, JPM, C, AIG, ... well, you know, each will be taken out to the woodshed, in turn, screaming, and out again, battered, yielding significant dividend rates.
Chugs, Jay |
