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Marc Faber Questions if Dow Could Hit 1,000
CNBC ^ | 30 July, 2010 | Mark Faber

Posted on 07/30/2010 2:59:07 PM PDT by Errant

In the August edition of the 'The Gloom, Boom & Doom Report' Marc Faber questions whether the Dow could hit 1,000 as predicted by Robert Prechter, based on his interpretation of Elliot Waves, Fibonacci numbers and socioeconomic trends...

...One suggestion from Faber is buying a self-sustainable farm in the middle of nowhere surrounded by high voltage fences and barbed wire and equipped with booby traps and an arsenal of machine guns, hand grenades and armed vehicles guarded by vicious Dobermans.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Chit/Chat; Society
KEYWORDS: doom; dow; economy; faber; gold
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To: Taffini

I agree. All of it brings risk and challenges. I’m in the thinking out loud stage. And having a bicycle and being able to ride it is better than not having it.


41 posted on 08/01/2010 8:42:05 AM PDT by RobRoy (The US Today: Revelation 18:4)
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To: RobRoy

I agree—it is better to have a bike


42 posted on 08/01/2010 5:23:55 PM PDT by Taffini ( Mr. Pippen and Mr. Waffles do not approve and neither do I)
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