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Posted By: Pennsylvania Ted

Hey guys, there is no way to predict the Stock Market.....Dow jumped +420 today. Do you recall the last time it jumped +420 ?
Yes, yes....just a week ago when Wall Street apparently reacted to Spitzer's demise. It's an election year, anything can happen.

Regarding the "sub-prime" problem, the latest numbers on foreclosures is 900,000. The normal average every year is 550,000 fore-
closures. When you compare these numbers with 100 MILLION to 150 MILLION active mortgages, the 900K is less than 1%. Is this
"crises" overblown, or what ? ?