posted on Oct, 21 2007 @ 10:07 PM
Right now, it's Sunday night... so this has not happened yet. Tomorrow, however, i think is going to be very, very bad! Now, it doesn't take
a psychic to figure out we've been going through some serious economic turmoil over the past few months. I feel obliged to warn you all, however,
that the hairs are standing on the back of my neck!
Now, I'm not one to bring kooky psychic predictions into posts, i think this is the first time i've ever done it. Even i am skeptical
when somebody tells me of their psychic predictions.
I really hope that i am wrong.
Odds are pretty good that there will be a bad day on wall street tomorrow. But I think it could be historic! There's a lot of bad news out there;
dollar at record lows versus euro, oil at record highs, tensions in the middle east, poor earnings reports, sub-prime mortgage mess, credit crunch,
We could be looking at the proverbial straw tomorrow.
There are automatic 'circuit-breakers' in place that will shut down the market if the volume is too high and the prices are too low. This was a
measure implemented almost 20 years ago today, after the last black monday, to prevent chain-reaction market crashes. If these kick in, its a bad
sign! And if things look bad enough after they close the markets they might not re-open them! That will make all stock essentially worthless!
There's nothing in place to stop the dollar from crashing! There's also nothing to stop oil prices from skyrocketing!