It seems a little too hip to say "oh yeah we will definitely see 6000 on the dow" (especially to condescend to people not in finance). Anybody think maybe too many people are saying this for it to actually occur? I dont really have a strong opinion that it is so, but it is a sneaking suspicion of mine. Id like to be wrong, just let me back up the truck a few more times below 8000!
I won't happen. Tim Geithner gains of november 21st stll holding. We need to bailout the financials so the market goes up. Less regulation. More risky loans to those who possibly can't afford to pay them back.
what you're suggesting can only, eventually, make the markets crash even harder! I thought you were a Bull?
yeah, but your suggesting stupid risk (like loaning to people who probably won't be able to pay it back). Bad loans are like dominos, the chain reaction of bad loans imploding is what caused the lending to freeze up in the first place. There is a huge difference between calculated risk and stupid risk.