Visualize the Dow at 6,000

[Mullenite]

Visualize the Dow at 6,000



“Maximum danger,” indeed. Stock market mayhem is just around the corner. Visualize the Dow at 6,000 and then hang on for dear life. The indexes will tumble and Wall Street will be reduced to Dresden-type rubble, nothing left but toxic fumes and twisted iron. By the end of 2009, the last few bulls will be driven out of the exchanges and onto the streets where they’ll be slaughtered one by one. It won’t be pretty.

According to Bloomberg News, “Investors worldwide are betting more than $1 trillion on a collapse in stock prices.”

[Hemidakota]

I do see a collapse on the energy market.