Off-Topic: Seen the Dow today?
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Name:
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MartiniMan
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Subject:
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Seen the Dow today?
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Date:
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7/31/2014 4:58:49 PM
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Since the stock market has allegedly been the one bright spot for TOTUS it is interesting to note today's drop. Lots of factors including weak manufacturing and housing data, issues in Argentina and my favorite, concerns that the Fed will start to tighten up on money. I hope this is a mid summer blip and the selling will not continue. If indeed the Fed starts to tighten up on the money supply expect a 20%-30% drop in relatively short order. To the extent this happens before November start thinking tsunami and forget about the wave.
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