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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (71731)	11/27/2007 1:01:52 PM
From: Chispas	Read Replies (1) \| Respond to of 116555

Dubai's eventual plans - .......................................................... Posted by: federal reserves In reply to: jeffsaxx who wrote msg# 573548 Date:11/27/2007 12:13:33 PM Post #of 573554 Dubai - long range wants to become HQ for the stock exchanges and a world financial hub. They already getting control of 20-30% of the London/NASDAQ. Once they get total control they will move the exchanges. The NYC/wall street crowd may wake up one day and find their jobs have been exported along with everyone elses. The dollar will go into the toliet loose 90% of its value. CNBC will be broadcasting from DUBAI. Wall street will look like Detroit. libertypost.org I expect a backlash soon, same thing happened in 73-74. ............................................................. siliconinvestor.com

To: mishedlo who wrote (71731)	11/27/2007 3:54:38 PM
From: Chispas	Respond to of 116555

Mish, by reading your blog before - - "Stocks Higher After Citi Secures Capital- AP", gave me my biggest laugh of the day ! Thanks...

To: mishedlo who wrote (71731)	11/28/2007 12:57:27 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 116555

"On a side notes, I was asked this morning if foreign buying would support stock prices. The answer is that it won't. For every buyer there is a seller so "buying" never drives up prices except on the day of an IPO. Sentiment (willingness to take on risk and speculate) drives stock prices, not "buying". That sentiment is clearly waning." Mish, at what point in the Dow would you give up on your stock-market bearishness? Would Dow 15000 early next year do the job for you? Or 16000, 17000, 18000?