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Prospect Capital Corporation Message Board

  • jadelover888888888 jadelover888888888 Feb 28, 2013 4:08 PM Flag

    PSEC will drop

    below $11 tomorrow. People started selling off at the end of today and all three indexes closed in the RED today when they were all up just before closing. The DOW rose as high as 14,149.150 today and closed at 14,054.79. That was almost 100 pts difference. Tomorrow will be bad, if not, then next Monday may be the blackest Friday for the stock market we may see this year.

    I wonder how many of you believe this is coming. It was quite amazing that there was no fear in the market despite the indexes had reached highs approaching that in 2007. So many financial advisers had advised their client that this would be a great bull market in 2013 and the FED continued to pump easy money into the market.

    Now of course, if Bernake speaks again tomorrow, the market may rally again but I will be sitting on the sideline watching how any of these "investors" in PSEC will react because last time whe PSEC started dropping I could hardly hear from any of all these pumpers. LOL

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