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Strategies & Market Trends : Moufassa's Lair
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To: moufassa7 who wrote (11773)1/31/2003 8:26:41 PM
From: Tradelite  Read Replies (1) of 13660
 
From the Bold Predictions Department....
Same fellow who predicted, to the day, the October low for 2002 has rendered a grim forecast for 2003...."no time to be in equities.....be short or be in cash....will be 4th down year in a row." Says the market is telling us this by only staging a weak 2-day rally after falling several straight days recently.

Also said his price target (which I guess means when he'll cover shorts) is when the market is HALF of where it is today. Yikes.
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