I just love Jim. He has been right on the mark so often.
Jim predicts and looks for a resignation, not the 6% decline, which we see so often.
I guess he is waiting for the big 2x% range drop.
I must say a drop to DOW 6500 range is DEEP.
Is it possible and When will we see this?
In my country (Euroland) one of the big banks are suggesting a full stop for trading for a range of days, to calm down everybody and to get the bad leverage only to the surface... thats is new.