i predict the dow will drop a grand (1k) in a single day some time in the next month. bernanke is screwed if he raises rates or if he drops them. and now that he is hawkish on the dollar the public will lose confidence when they find out he is full of lies.
UPDATE: it looks like the dow was around 12154 on june 12th 2008. and on friday 27, 2008 it closed at 11346. so it has almost fallen 1k since. it is really hard to tell if things happen gradually or happen all of a sudden...
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