Thursday, March 5, 2009

Stock Market.. Almost at Collapse

The stock market is days or weeks from an all out collapse, perhaps falling as low as 2,500- 3,000 level which will induce further economic disasters.

There are two possible emergency solutions: As done in the past, albeit, very quietly, the White House can "lean' heavily on big funds (like California Pension Funds) to aggressively "buy" into the market. Otherwise, the government will have to "halt" trading or itself- set up a third party buyer fund to buy into the market itself. Allowing the stock market to continue its free-fall will extend the depth and breadth of the recession into at least 2012 with uncontrollable severity.

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