Off By A Year?

The dip of the DOW today made last weeks prediction of a sub-9,500 Dow sort of a laugh. It was almost there at noon on Monday trading.

The only thing surprising at this point is how rapid the meltdown is happening.

Here's a great Lew Rockwell podcast with Peter Schiff. It's a must listen. He pulls off the kitgloves in predicting the path that more intervention in the market is going to cause. Not fun stuff, but smart people should be prepaired of prepairing.

After listening I had to buy Peter Schiff's book 'Crash Proof.' I'm looking forward to reading it. I've had my eye on it for a year now, but just never made the time.