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Title: nice reading
Review: I believe every one who is invested in money should read. Here is why.I listened to CNN, CNBC, FOOL, CBS and a number of ecconomistsand no one predicted market meltdown . ALL these clownswere wrong and have no clue about ecconomy. This guy has it.I dont know if US ecconomy will behave the way he talks. Butwith every American having a total ( govt, personal, and corp) debot of 100,000/person. Has anyone thought how this debt willbe paid back? The baby boomers who are into retirement is doing so with so much debt, if they cant pay their debt while theywere healthy and in good ecconomy how they can pay back whileretired? When they die who will pay off the debt? no one.I am begining to thing Robert Pretcher's analysis is right.No one will loose money following it. But thinking DOW < 1000. is very hard. But for me thinking DOW < 10,000 in 1999 was ever harder.Paul
