posted on Nov, 2 2009 @ 06:37 AM
It's going to take some other event to crash the market...
those who know are looking for a downturn but not a crash.... at least not near future....
Could see a big fall off if the jobs report due on Friday is worse than expected... but the government is good about showing better numbers when it
matters then amending those later when its a foot note and not a headline...
The thing to watch is the FDIC has been holding back on closing banks... it pretty well expected the total number of failed banks should be around
1,100 by the start of 2011 (We have one tenth of that now)... for that to happen the FDIC is going to have to accelerate the rate of closures in
2010.. Now that might crash the markets