"By Nick Godt, MarketWatch Last Update: 12:01 AM ET Jul 28, 2007 NEW YORK (MarketWatch) -- U.S. stocks will continue to fall next week, in continuation of a sell-off that saw the Dow Jones Industrial Average experience its worst week in over four years, due to nervousness that the easy-money binge of the last few years has come to an end."
http://www.marketwatch.com/news/sto...x?guid={D8D87106-1B7D-41A2-AF14-0CA8173A269B}
This reporter made the same call on the weekend of June 9th:
http://www.marketwatch.com/news/sto...2D-4D6F-8779-71C8A7FA2FBB}&dist=TQP_Mod_mktwN
I probably don't have to tell you which way the market moved the following week, although it was about 300 Dow points from his call by the following Friday.
I love when the media gets into predicting markets!
http://www.marketwatch.com/news/sto...x?guid={D8D87106-1B7D-41A2-AF14-0CA8173A269B}
This reporter made the same call on the weekend of June 9th:
http://www.marketwatch.com/news/sto...2D-4D6F-8779-71C8A7FA2FBB}&dist=TQP_Mod_mktwN
I probably don't have to tell you which way the market moved the following week, although it was about 300 Dow points from his call by the following Friday.
I love when the media gets into predicting markets!