Maybe he and Lereah hang out? Or maybe he was pricing in a massive US dollar devaluation?
And anytime you hear someone say "it's different this time" - just slap 'em. It's NEVER different this time. Silly humans.
But for fun, get your predictions in for the Dow's Friday close.
I'll jump in with both feet and say 10,000. I was gonna say 30,000, but thought that was a bit too optimistic.
October 13, 2008
Well, I'd say Dow 30,000 by the end of the year is looking kinda like a longshot at this point, wouldn't you? But hey, snake oil sold great back then
Posted by blogger at 10/13/2008