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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (12862)9/25/2002 12:13:19 PM
From: Baldur Fjvlnisson   of 16631
 
They weren't making those statements at BW back then - but

others were. Only they weren't listened to. Don't fight the Fed? The Fed will do whatever it takes? St. Greenspan the great will save the day? Remember? The mantra of the Wall St. Fraud Spin Machine.

Normally it would be a bullish sign that BW recommends
short selling. But now this market is simply STUPENDOUSLY overpriced and the whole Nasdaq scam desperately needs one big reverse split and there is no economic policy in sight from the Washington mob and complacency generally rules.

I'd say the chances of the Dow hitting 5000 is an even 100%. Given a nice old bout of deflation in cars and houses - it could go to triple digits.
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