GZ,
In answer to your earlier post from another thread...
When the November poles closed on the presidential election, producing the mess in Florida and the supreme court intervention, this country's equilibrium was disturbed and it's direction altered.
In recent months every person I've talked with from numerous walks of life, have stated the same identical fear. "They are worried about the stability of their future lives." In some manifestation their lives have gained a heightened intuition that change is coming. In many cases they or someone they know is being shattered by waves of unexpected loss and remorse. Peoples lives are being challenged and changing with great speed and pressure.
The recent elections in Florida are a reminder of this unconscious anxiety. The decline in these markets is nothing more then an outward reflection of this unconscious irritation. As we live in a collective unconscious..., some elements of our human community is being disturbed around the world. This energy points to the intuitive knowledge that more serious problems are about to unfold.... 5000 on the Dow would take us back to 1995 market levels and a tremendous destruction of wealth.
I don't think it's a question of "gloating" or anything like that, it's a terrible thing for everyone when equity prices fall so severely, everyone loses, especially those people who have their money in savings and retirement funds and can't get them out... maybe they won't get them out because they think the markets will turn around some day... well, these markets will turn around and da cheif's expectation of new highs will eventually occur, but before that becomes a reality I suspect we could continue to see these markets decline, the DOW could test the 5000 to 6500 level, probably closer to 5000 and hopefully hold there... until then, just stay short... |
