Linearstone Holding Corporation talk about 2010 – 2011 investment strategies

I see the DOW falling to under 6,000 and oil over $130 this is going to bad. I would not go as far as a freefall like in the Great Depression of the late 1920s and1930s but it will be very bad.
 
Feb. 25, 2010 - PRLog -- In a business round-table Linearstone Holding Corporation talk about 2010 – 2011 investment strategies. Glenn Herrin said “I see unemployment over 15% by July 2011 and U.S. debit more in line with 65% of GDP, then 40% the Government forecast. I see the DOW falling to under 6,000 and oil over $130 this is going to bad. I would not go as far as a freefall like in the Great Depression of the late 1920s and1930s but it will be very bad. We are investing in oil, gold, Swiss FR, puts in the option markets way out of the money. At the same time moving into Distressed Assets and will keep looking for Distressed Assets that banks need to get off the books.” Linearstone’s investor can see all the comments online at Linearstone.com.

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Linearstone Holding Corporation “Linearstone” is a holding company owning subsidiaries engaged in a number of diverse business activities.
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