Monday, January 21, 2008

By The By

Does anyone want to have a pool on the percentage loss on Wall Street tomorrow? It's too bad Phil Gramm's dream of all those retirees putting their Social Security and health care money in the stock market didn't come true . . .

My long-term prediction - by spring (April-May) the Dow will be between 7,000 and 8,000 points. That, by the way, is what is technically known as a "crash". Fun times ahead, folks.

Virtual Tin Cup

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