Dow Will Fall to 6,300 by Year End: Portfolio Manager

Not happening, its impossible for it to happen when monopoly money can prop up the entire global market. As long as they can print worthless dollars the bulls will win no matter what.


DOW 10K next week. Maybe even this week.
 
Quote from WallStWhizKid:

http://www.cnbc.com/id/33179408

“I think we go below the double dip,” Lekas told CNBC. “By year-end, we drop below 6,300 on the Dow and by 2011, we’re at 4,200.”
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That is a bold prediction, not saying it is impossible. Some of the other bears state march was the low( Faber, Tudor, etc.)

However, his comment about NFP is correct, it is the key.
 
Quote from cleveland45:

That is a bold prediction, not saying it is impossible. Some of the other bears state march was the low( Faber, Tudor, etc.)

However, his comment about NFP is correct, it is the key.
More...

Tudor? Really? When did he say that? I didn't think he every gave interviews, I would like to see it or read the transcript if you know where it is.

Thanks

5yr
 
Quote from 5yrtrader:

Tudor? Really? When did he say that? I didn't think he every gave interviews, I would like to see it or read the transcript if you know where it is.

Thanks

5yr
More...

Recent news report saying stocks were likely to fall from Tudor Invest. Mgmt. Bloomberg, I think a couple of months back. I'll try to locate it.
 
Yep. If the market dips, buy. If the market doesn't dip, buy. Trading made simple. We are not going down this year beyond anything more than a mild correction and even that may not happen. Just buy. It's easy money.

Quote from S2007S:

Not happening, its impossible for it to happen when monopoly money can prop up the entire global market. As long as they can print worthless dollars the bulls will win no matter what.


DOW 10K next week. Maybe even this week.
More...
 
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