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Strategies & Market Trends : Financialsense (FSO) - Jim Puplava forum
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To: sea_biscuit who wrote (102)1/21/2008 1:41:36 PM
From: megazoo  Read Replies (2) of 125
 
so what if the dow falls 2000 points. that may just be what the intention of bernanke is all along, to flush out the excesses in the market, primarily the speculators in all sectors, including energy and metals.
having said that, the dow is not really expensive, minus the financials.
in my last message i wrote thinking that tomorrow may be the bottom. i don't think that is true anymore. maybe puplava is onto something. the spx will meander to 1200 by march/april, which may be the bottom.

also, apple's earnings may be great. it's guidance might not.

marketwatch.com
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