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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (5812)7/11/2003 7:48:34 AM
From: Smiling Bob  Read Replies (2) of 19256
 
More convinced than ever.
DOW will easily lose 10% over the next qtr. Much of it will likely come within the next 2-3 weeks.
DOW target 8740 by next Thursday.
Best shorting opportunity in awhile.
8888 close today
Yesterday's close 9036
Overbought on pundits cry of recovery that just isn't ready yet. The same broken clocks. Unemployment and no new jobs translates to even tougher times ahead.
Factor in Mr and Mrs Doe getting hurt with real estate, just as they did with stocks. The fuel helping consumers prop up the economy will then be exhausted. I don't expect businesses to make up the shortfall that easily
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