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To: Horgad who wrote (378495)11/25/2008 12:31:01 PM
From: Real Man  Respond to of 436258
 
No, I don't expect SP to hit 1.2-1.3K. 1-1.1K maybe if we
get lucky. With the kind of Fed hilo effort we are seeing
today, we can easily Zimbabwize, which means DOW = new highs.
Nobody sees it happening at this point, but IMHO it is a real
possibility. Not happening this year, and I am not bullish
on US economy by saying that. In fact, the DOW hitting new
highs will be very, very bearish. The Fed just doubled the
amount of currency in circulation in 2 months. Yup. Doubled.
Can you believe it? Yes, can you freaking believe it???
I can't. But it's there.
Another fit of hyperinflation like we've seen early this
year could be around the corner.