posted on Feb, 5 2010 @ 08:39 PM
reply to post by SpaceMonkeys
Yeah, but here's the deal.
500 pt drop in the dow is all relative based on percentage moves.
Remember, the VIX was at about 4.5 - 5 times what it was at now.
IMO there is no way we could climb that high again (this year), just because the market does not work that way in cycles. Hard to explain, harder to
convey really.
Terrorist attacks don't surprise me though and happen everyday virtually worldwide.
Other than that most all of us prob. agree on most things, just common sense.. but I think most of his views towards economics do not make sense in
real world application, but again it's about perception.
[edit on 5-2-2010 by GreenBicMan]