The Horsemen
Friday, October 10, 2008
The Economy; A Prediction
I have been reading for 3 years about how the economy will melt down, and here we are. I don't remember the smart people whose articles enlightened me, but they were dead on. I do not claim to be an expert, but I am going to make a guess here. From what I have read, we should be nearing the bottom. The Dow value should be getting into "real" value range. I think the market will go to the upper 7,000's and level out. Today is Friday and having grown up in New York, I know Friday is the "money day", in that traders "sell off" for their weekend spending money, so the market may dip further today. Next week things should start getting better.
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