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To: Think4Yourself who wrote (97534)	5/15/2009 11:01:58 AM
From: Sunny Jim	Read Replies (1) \| Respond to of 116555

<<Some friggin moron on CNBC now saying DOW will go to 12,000 by September. As long as we are fantasizing about what might happen, why not 20,000?>> This country hasn't seen a real recession in so long that we have no idea how they play out. Still lots of people (like Abbey Cohen the other day) who think the market always goes up and the past year's down action is a six sigma outlier. I remember the 70's when the market rallied and choked on a regular basis for a decade. We very well could be in that type of market now. I'd bet on Dow 6k before Dow 12k.

To: Think4Yourself who wrote (97534)	5/15/2009 2:15:54 PM
From: Proud Deplorable	2 Recommendations Read Replies (1) \| Respond to of 116555

"Some friggin moron on CNBC now saying DOW will go to 12,000 by September."

To: Think4Yourself who wrote (97534)	5/15/2009 2:47:44 PM
From: NOW	Respond to of 116555

think about what the elites want instead: a better use of mental masturbation can you be sure that severe deflation is not something they want?

To: Think4Yourself who wrote (97534)	5/15/2009 6:30:45 PM
From: Jim McMannis	Respond to of 116555

RE:"Some friggin moron on CNBC now saying DOW will go to 12,000 by September. As long as we are fantasizing about what might happen, why not 20,000?" See if you can get on CNBC and pump 20k. I'm sure they are looking for more optomists...

To: Think4Yourself who wrote (97534)	5/18/2009 12:02:43 AM
From: Provider	Read Replies (1) \| Respond to of 116555

"OK, that makes sense to a large degree, and in normal historic situations I would probably agree completely. The problem here is that we just popped the largest bubbles in the history of the planet. The furriners are saying enough. They are cutting way back on their Treasury purchases, which means the Fed can't find buyers for all the dollars they are printing. The national debt is also going through the roof as private mistakes become public debt. At some point soon people are going to want a lot more dollars for their goods/services." I agree with all you are saying. I just think we have to get through this nuclear holocaust that has just decimated the financial system as we know it. Demand has stopped throughout the world. Our creditors will want more money at some point, but who knows how long it will be before that and the huge deficits will go hyperbolic. And it will, but I think we are still clinging to the lifeboat in trying to right the system. Once some kind of equilibrium is reached, then the inflation will come to center stage. And I don't know if that is a week, a year or 5 years away because of the absolute mess we currently find ourselves. Provider