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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (13202)3/4/2008 7:00:07 AM
From: Smiling Bob  Read Replies (2) | Respond to of 19257
 
DOW 12k will be breached in a jiffy today
They toyed yesterday while the cat was away, but today is Tuesday and time for serious business.
Was assuring to hear Buffett state publicly what myself and many others have been saying- the mkt has not yet discounted a recession, especially a severe one.
So we'll continue on a quick path to retest 52 week lows sometime next week and drift aimlessly towards the fed meeting, hoping for relief. Being there's little cuts can do now, I don't expect much reaction.

Of more concern are the geopol events brewing. Iran, Venezuela, and Gaza.