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

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To: Smiling Bob who wrote (15021)1/28/2009 11:24:03 AM
From: Smiling Bob  Read Replies (1) of 19256
 
DOW -8318
it looks like the best case to the upside is 8500
5% odds of it moving there. 95% odds it goes to 75-7600 this week or Monday

I'd find it hard to believe that anyone's convinced the mkt is anticipating a turnaround for the economy near enough in the foreseeable future to start buying stocks.The Fed can say whatever they want, but the facts remain the same.Stimulus will ease the pain, but prolong the disease.

I've been wrong most other Fed days as the mkt always seems to bank on Ben. We'll see.
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