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Politics : Welcome to Slider's Dugout
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To: SwampDogg who wrote (8893)3/31/2008 2:05:48 AM
From: bullbud  Read Replies (1) of 50426
 
Well, I saw a timeline from 2002 to 2007. Maybe I need to get some new glasses. Until then, Citi didn't have a 14 billion write down in that time frame and housing was on an uptrend, not a downtrend. Things are very different and can't be compared to almost any other time in history. Heck, Bushy could make his speech tomorrow and the DOW could add 400 points. Thing is the current chart doesn't lend to such a thing. Fact is, it's gotta break the 12,700 area to show a bull is in the ring. THAT IS FACT. Until that happens, all else is lip flap. BTW, Asia is seriously in the red tonight. Maybe they don't have a clue, maybe they do!
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