I was on cnbc.com and i was reading an article about how Bob Janjuah predicts there will be a huge economic recession within this month. I just checked the stocks and the DOW Jones is down 124 points, that is a huge drop. just wanted to know what you guys thought about this.

yeah thats how i felt, but what we are in right now isnt an OFFICIAL recession.....

an official recession is when stocks go below the 700 range, unemployment has a sudden increase of 15% and prices are raised by so many dollars

yeah see, the whole world is basically going into an economic recession. where i live gas costs up to 5 dollars max now, its getting ridiculous....