April 14 1997 below 6500 points

  • Sylvester
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April 14 1997 below 6500 points

16 years 3 months ago
#54278
Dow Jones Average last time at these levels.

12 years zero growth.

Last time at this level climbed 20% in two months. June 24th 1997.

Would not be surprised to see this index fall to below 5000 points.

JSE All share currently 18500 from a high of 32000 or so.- SA shares about 18th months behind on the curve. 13500 - 15000 look likely when reality hits SA. 2010 will not save us after 27 April vote.

Zuma worth 100 points. Violence another 1000 points and some horrible numbers from Inflation current account deficit (5 Million illegal consumers to import for) who produce nothing or very little (GNP).

Gold is where people will go hide. Maybe Dollar just out of sheep syndrome.

A southie who is just guessing.

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