housing prices going down to 1993 levels

I'm not sure if I've stated this before, but I feel housing prices in the US alone will go down to 1993 levels. Levels before that Internet boom that made people billions of dollars in just a few years.
Things were great in 1999, people who invested $5,000 in the right stocks in 1995 or so, watched their portfolio explode on this new "Internet". Businesses were spending money like it was going out of style. If you were to walk into a Satples or Office Depot location, you would have to wait on line to pay for something for maybe 10-15 minutes.
I did not have to worry about people booking for taxis and limos going to the airports based on prices, I could throw a ridiculous fare and they would say, okay, put in on this credit card.
Then, in the summer of 2001 is when I noticed a little slow down with corporate travelers. When 9/11 happened, that nearly put us out of business. We had 3 cars on the road and one 12 passenger van. If it weren't for 1 lady, who had to travel from Irvington, NY to New Jersey and back, everyday, we probably would have had to shut down within a few days after 9/11. Cash flow nearly came to a halt. I had to make sure each driver had a turn takling her to NJ, just so they could make the $15 or so tip.
So here we are, fast forward to 2011. The stock market crashed, what, 2 times. Our economy is hanging by a thread, staying a float with extra cash that has been printed by the federal reserve. So, now the price of gasoline is high becasue simply, one reason, we are getting less product because the American dollar is worth less.
I had predicted more "wars", that's happening. I have mentioned more earthquakes and Tsunamis. I want to comment that there are hundreds of earthquakes a day no this earth, but will soon see major ones in places that we have been told there is a small chance of a tremor, like New York.
I have a terrible

Economic crisis

Hey, it's been a while.

See the news lately, home values plummet? Well , no kidding'. I said about a year ago that we would see home prices at about 1993 levels soon....

It's going to get worse people, and there is nothing, Republicans, Democrats or anyone right or Left that can do anything to fix it.

Well, at least the price of gas has not gone up too much, its come down, but, tell ya the truth, it should be about 50 cents cheaper than what it is now, with the current economic conditions.

We will see more scandals, bad economic news and possibly another major war, somewhere....

Checking in Spring, 2010

Oh man, it's been a while

You know, I regret not posting what I feel and my predictions for the past several months. Sorry.

So, summer is over, people are done spending money.

Here, let me say this. The end of the summer looked good, well of course. people went on vacation, spent money, stocks went up, well of course. Ah, but here comes winter, reality sets in. people are done buying clothes and supplies for school, some people are looking over their credit card bills saying, wow!

This will be the next blow to the financial industry, credit cards.

Being in the airport / taxi business I am not at all surpirised seeing more and more people using credit cards to get to and from the airports, they are running out of cash. Even though I add 20% gratuity and $5, people still want to use satans' plastic.

Holidays are just around the corner, things will pick up a little, but after that, whack! Another blow will come.

I think we will see home prices dip to 1993 levels, I think I posted this before, we will re-adjust.

Terrorism, job losses, poor Holiday spending will cause stocks to fall..

It's been a while since I have posted. Rights now it's Sunday 11/30/2008.

The dow is presently 8,829. On Monday, I predict good news will come out about people shopping on "Black Friday" but soon after, reports will come out again about job losses and more foreclosures.

Monday, stocks will rally and probably end up about closing 300 - 400 points lower, but they might even go over 9,000 points at sometime during the day.

During the middle of the week, bad news will come. By Friday stocks will close at about 8,200 to 8,500 points.

More terrorism will happen in countries or a country with strong ties to the US. Something weird is in the works with Russia.

If the dow hits 7,200 or below for more than 3 weeks, we are in big, big trouble.

I have a strong feeling about buying GM stocks, crazy as it may sound.

Oil will soon rise to about $55 a barrel as Opec cuts production to offset lack of consumption.

This slowing economy will effect everyone, even those with "good" jobs.

We are truly becoming more of a global economy in which we will become equal to other countries around the world. Standards of living will drop, people will have fewer children.

Some bad news coming today

Several pieces of data will be coming out today which will send jitters in the stock market. The dow will probably go down.

I have heard people saying that we are going to have a bad winter. If this is true, oil will go up. Opec and Associates are looking for any reason to increase oil prices.

Roller coasters do crash.. the Dow

So, the stocks took on over 900 points recently lost. Today, as I figured, stocks rallied a bit. I predict today the dow will close about 100 points down. Tomorrow (Wed) we will lose another 200 points. Thursday, the dow might close up 100 points but Friday, look out, they should close about 400 points down.

Sell what ever stocks you have. Stop contributing to anything, 401K's etc. Wait about 5 months.

Take a breather, pay off your credit card bills, all other debts.

Start buying less of what you really need, groceries etc.

Hold on to clothing longer, go to tag sales for clothes, tools etc. Take a train, bus or taxi when you need to get somewhere.