Globa Bear Market Correction continue Dow to 6000, SP to 600 , NASDAQ to 1100 by Dr. Warren Huang

Dr. Huang  warned since Sept 2007 again that global central banks, economist,market analysts and banking, finance company have misled the investors again that rate cuts, economic stimulus, rescue package will stop housing and stock market price slump resulted mortage  , credit, financial crisis and recession. Again they drag into 1980, 1990 style double inflationary recession and super housing bubble burst due to slump in consumer and busiess spending,soaring jobless rate due resulted by trillions housing and stock market wealth loss will continue into 2009 despite 7000 billion rescue package and trillion dollar mortgage bail out of bad assets, MBS. Dow Jones will plunge below 7000  soon while S&P will test 600- 700 NASDAQ test  1100- 1250- 1750  early 2009 details on   Comment by Warren Huang -Wall Street Journal Market Beat Blog Dec. 31 2008 at 2:43 am

Leave a Reply

You must be logged in to post a comment.