Quote:
Originally Posted by $5 submissions
We haven't seen the worst of the impact of the financial crisis. Credit Default swaps are at 12 trillion and that's only the figures that are accounted for. Expect the Dow to skid to below 7800 in the coming months. I wouldn't be surprised to see it hit a low of 6000. This recession will drag on for several years.
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Ive heard low 7's being thrown around as the real bottom. Who knows, im taking some profits and just going long on all the others.