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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (354015)1/19/2008 5:17:16 PM
From: MythMan  Read Replies (2) of 436258
 
From today's NYT..

>>Seeking Tools to Calm a Market
By JULIE CRESWELL
Dow 6,000 or Dow 14,000?

It depends on whom you ask.

A week of gut-wrenching losses in the stock market ended on Friday with the Dow Jones industrial average falling 59.91 points, to 12,099.30. That modest decline capped a four-day 678-point plunge that left Wall Street traders and everyday investors wondering if the worst was over — or yet to come.

David W. Tice, a renowned bear, said Friday that the Dow would sink to 6,000 by the end of the year as the country slides into a recession.

But Abby Joseph Cohen, the superbull at Goldman Sachs, maintained that the Dow would roar back to finish 2008 at a level 22 percent higher — 14,750 is the number — as the economy perks up later in the year.<<

LOL you can always count on a Tice showing when things look grim. 6K LOL
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