Wednesday, February 25, 2009


I wouldn't have said this a month or two ago, but I was expecting the stock market to drop to about the 7500 level and that, that number would be the bottom. I recalled that I was thinking that level was really low and it may not be reached.

But after Obama's disastrous speech last night, that was long on style and extremely short in the realm of reality. The speech reveals more and more that Obama is clueless. I now predict that the Dow Jones Industrial Averages will plunge to 6500 and it could easily go to 5000.

Barak Obama is in the process of destroying America. He is so high in the polls for no substantial reason, that I believe when he begins to fall it will be an off the cliff crash. The question is not whether the Obama's program will crash, it will be whether America will survive that crash.


Anonymous said...

I can't believe how many people fall for this guy. It truly is remarkable. Spending money we don't have on things we don't need and sinking the country as he goes along and the blind fools have their minds made up no matter what he says or does that they don't even see the cliff coming.
As usual NG you hit it on the head,long on style and short on everything else.
We are going to have to deal with the pain eventually but he is tripling that pain that will we be paying for dearly in the not too distant future. Truly unbelievable and not funny whatsoever. I am really afraid for our future.

NewGnome said...

TOS You got the pain right. It's coming as you say in the near future, but at the same time, it will last so long our kids and grandkids will be paying too. NG