Comment

Nirthers Fleecing the Flock

204
Jetpilot11015/21/2009 7:49:28 pm PDT

re: #194 3 wood

Certainly make your own decisions.

But in this case I think he’s accurate, and he was also yelling about the coming financial melt down months before it happened.

If he is accurate, then we will revisit the lows of the market. In my opinion, in a skittish and fear laden market such as this one, if one sector starts heading for the sewer, panic will set in and more will follow. I’m betting the financial sector is going to give up all it’s gains as credit card defaults accelerate. The house of cards is getting ready to collapse.