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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Chas. who wrote (99061)	1/5/2008 1:23:29 PM
From: John Chen	Read Replies (1) \| Respond to of 306849

"Has the Big Slide started?". Yeah, unfortunately. "Some expert" Cohen of "Some investement house" said the US economy is a 'giant oil tanker', it takes a lot to turn it around while is starts one way. A number from the air is: '500-800' on the DOW, this Monday. Why is it always Monday. WARNING to SHORTIES: do not cut and paste any content of this message. Be creative and do your own. The FED/Gov will attempt to inject stuff, reduce rates, ... all futile but necessary steps. The last 8 years is the most expensive lesson paid for by any nation on earth. Sign of the time is when the elites recruit God to promote their agenda. History has not been kind when this happened. But, this time could be different, could it?

To: Chas. who wrote (99061)	1/5/2008 2:49:22 PM
From: Tommaso	Read Replies (2) \| Respond to of 306849

>>>Is a Dow 8000 possible...?<<< Yes. A 40% decline from 14,000 would be 8400. A bigger decline is entirely possible. I (and Sir John Templeton as well) thought 4,000 on the Dow was possible ten years ago. Add in ten years of inflation and you get about 5,500. If the time comes that the Fed's credibility and that of the dollar completely disappear, and interest rates like those of 1975-1985 come back, a 60% decline would put it exactly at 5,600. I don't say it WILL go down that far but I will say it COULD.