wall street cash?
What ig markets calls the djia cash market.
Moving averages are starting to converge in a menacing way, whenever I see this bunching on a MA rainbow I instinctively go short.
Originally Posted by metric
reinhardt has made 4 stock market crash predictions, to the day, and nominated the date sometimes 12 months in advance.
reinhardt is saying the dow could drop up to 1000 points monday (tuesday oz time).....and he is very confident he is right. hes already saying i told you so.....
i.e. narrow money is what the bank actually has on hand...broad money is what it has created out of thin air for loan purposes, etc. For every dollar a bank has actually deposited, it can loan out a much greater amount. If enough people who hold broad money make claims on that money, there is a run. that is the bank does not have enough money on hand to handle all the receipts. This results in bank failure, which results in bank closure, which, if bad enough will lead to a bank holiday. The banks then close until things settle down. Ronald Reagan called a bank holiday during the S & L fiasco. The most famous holiday was called by FDR as the US went into depression.
he just said, that the dow will be around 3000 by 2nd quarter in 2010. constantly downward but volatile....and its all to do with globalism, and how the western 'peasants' pay for it.
enough conspiracy for one day..
.
also, the stimulus has just been passed...look out below......here we go to the bottom...
the collapse will happen in this order..
banks
insurance
tech
energy
retail
healthcare (healthcare is the most important)
.
Ben Bernankes` speech would have to be worth 800 - 900 points if the prediction is to come true.That is in another 2 1/2 hours so metric your credibility is still on the line.
Bragging rights for what?ok....bragging righs are mine i do believe? 1 day out over 5 months isnt too bad.....lol
also...r is calling a run on the banks as the bermuda pilgamage ends, as the "broad money" claims the "narrow money" from the banks.........13th mentioned....and 20th.
ok....bragging righs are mine i do believe? 1 day out over 5 months isnt too bad.....lol
also, the stimulus has just been passed...look out below......here we go to the bottom...
the collapse will happen in this order..
banks
insurance
tech
energy
retail
healthcare (healthcare is the most important)
prawn....yes in that order.
........lol
biggest fall since early nov......
.....
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