Tuesday, March 03, 2009

Dow Crashes through 7000: sinks below 6900 - "As bad as things are, they can still get worse, and get a lot worse."

Want to hear the most cogent prediction for where things are headed (here's a word of warning, it's scary as hell)?

If you really want to find out where this trip down the rabbit hole ends, read this.
clipped from news.yahoo.com
Business Update: Dow below 7,000
Trader Albert Young leans on a phone post on the floor of the New York Stock
The "game-changer," he said, will be the housing market and whether it can stabilize.

NVDL: It won't because it can't.
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