Cheers in the Wall Street may be short lived on its nemesis Spitzer taking a fatal career blow – Dow headed towards 7,000
Trisha Rowe
Mar. 10, 2008

Dow Jones Industrial Average is in real trouble. The problem is that the Fed has lost control over inflation. The depressed economy and the commodity inflation have trapped Federal Reserve into a situation, no matter what Fed does, it will be wrong. It is almost checkmate condition in the chess.

The New York governor Spitzer who made his name taking on the titans of finance, took a fatal career blow as his covered hedges in using call girls blew up in the air. The Wall Street cheered and stopped selling stocks as most equity big players were amazed at the news unfolding.

There was a cheer in the floors of the exchanges that the nemesis Spitzer who was going after all kind of illegalities in Wall Street is caught red handed.

The cheer will be short lived. Dow is headed for 7,000 by end of the next eighteen months. It is a parabolic top that normally continues for a long time with very slow depletion in value.

The dollar can continue to drop slowly but steadily. So will stock market making it a double pain for the foreign investors.

Cheers in the Wall Street may be short lived on its nemesis Spitzer taking a fatal career blow – Dow headed towards 7,000
Trisha Rowe
The cheer will be short lived. Dow is headed for 7,000 by end of the next eighteen months. It is a parabolic top that normally continues for a long time with very slow depletion in value.
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Hillary Clinton shows lack of common sense and bias in offering VP position to Obama without asking him privately
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Hillary Clinton supporter Eliot Spitzer’s prostitution ring connection just make it more important to ask for ‘change we can believe’
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The immorality and corruption is so deep rooted in the politicians of NY, NJ and PA, that it is unbelievable.
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