Wall Street Takes Elevator Down

...and then the stairway up again.

Expect DJIA 9,000 by March

 The QE3 Conspiracy

The stock market begins it's long awaited journey down as the market is extremely overbought given the state of the economy.  Now we will hear all sorts of reports on GOLD and SILVER again along with INFLATION.  Usually when the market tanks it's time to be in FILTHY USELESS FIAT CURRENCY.  This is one of those times.  I'm expecting the reversal here to gain velocity into the downtrend for the next several weeks.  If you remember when GOLD and SILVER go down it's even better for "preppers" and "truthers" to buy more and also the physical price disconnects from the paper price and the physical price could go to infinity.  


I'm convinced that this is the first wave of notable crashes which could take it down as much as 15 to 20% on the DJIA, NASDAQ, and S&P500 inclusive.  Remember this post?  http://thenewsunit.blogspot.com/2012/01/djia-to-drop-4000-points-begins.html

This is also a coordinated take down for the sake of the upcoming Facebook (FB) IPO which needs a substantial market reversal to make investing look like investing again in April or May.  Facebook's IPO delay should finally convince even the casual observer that the economy along with the Wall Street Casino is completely rigged and it's destiny is ultimate disaster.


Keep out!


...developing...