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

To: The Reaper who wrote (271255)	8/26/2010 12:32:55 AM
From: bentway	Read Replies (1) \| Respond to of 306849

You see Zimbabwe in our future? Man, you need to go out and take a stroll under the stars.. Obama = Mugabe?

To: The Reaper who wrote (271255)	8/26/2010 1:00:50 AM
From: Bank Holding Company	Read Replies (1) \| Respond to of 306849

>> Dow 20,000 may be closer than you think.<< i think they have to do it because of the unfunded pensions. It's all about the china vs india (growing) middle class, however.

To: The Reaper who wrote (271255)	8/26/2010 6:56:14 AM
From: yard_man	Respond to of 306849

I don't believe it can happen and the USD retain its world reserve currency status. I think one can reasonably argue that the USD retaining its world reserve status is more important to fortunes of the US than the actual value. So let us suppose that the USD does lose its status as reserve currency of the world -- if that were to happen the stock market would crater BEFORE it goes to the moon. Overnight, wheelbarrows of notes to buy bread at your local grocery is not going to happen here. I'm not saying the future is bright ... that is just a highly unlikely event. What am I saying? At this point in our economic cycle -- both world and in the US -- there aren't any more paths that lead straight up for the stock market. There can be some blistering short covering rallies on the way down, but if you short broad indices -- it is very unlikely that you will be caught in a rally like '99 or even the recent rally off of the lows of '08.