Monday, September 29, 2008

Chronicles Of Depression 2.0: #279: -777.68

An hour before the closing bell, I had an intuition the close would be a loss of 777 points.

I watched it snap back into the upper 500s, then when the closing bell rang, Maria Bartiromo of CNBC announced it closed at 611.


It kept going. And going. And sinking.

To that 777!

My intuition now tells me the Dow will close below 10,000 tomorrow, at 9,56x, for at least an 805-point loss.

Maybe that would convince Congress of the urgency of our situation.

As I type this, Asian markets open in about 3 hours and 15 minutes.

Bloodbath ahead.

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