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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (17375)5/12/2009 11:08:28 AM
From: fred woodall3 Recommendations  Read Replies (1) | Respond to of 50213
 
DOW 10250 would put the SP500 at near 1250. That I just don’t see happening. Besides who exactly are these companies going to sell their products and services too?
I don’t spend much time speculating on the bogus DOW but I would think Slider’s prediction is not to far off however this is no longer a capitalistic market.
What I am deafly afraid of is what those in D.C. might do to pump this market up. Wallstreet has plenty of shares to unload and if history is any guide they have no problem selling their very soles to get that done.

Adding short positions on every rally and sleeping pretty good at night.