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Strategies & Market Trends : The Swamp -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (52)10/14/2007 9:22:15 PM
From: orkrious  Read Replies (1) | Respond to of 491
 
from the article:

We think 3,000 is achievable by the end of 2009 (401 x (1+6.46)). That will mean several stocks rising 5x or greater.

He needs to work on his math. I wouldn't be surprised if the HUI went up 5x from its recent lows. After all, that is what it went up from late 2000 to mid 2002.

But in his article the HUI closed at 405. If it goes to 3,000 (yeah, that in itself is a stretch), there are going to be one hell of a lot of stocks rising a hell of a lot more than 5x.