[lbo-talk] manna for bears

/ dave / arouet at winternet.com
Mon May 10 10:03:29 PDT 2004


Doug Henwood wrote:


> The Eliiott Wave Theorist <http://www.elliottwave.com>, my not-to-secret
> vice, which uses an astrology-like system to analyze the financial
> markets, says a major stock market crash is underway that will carry the
> market much lower over the next couple of weeks. Unlike 1987, this isn't
> a corrective move within a larger bull trend, but a bear market of
> historic proportions. Enjoy!

Harry Dent Jr., who takes credit for predicting the Clinton-era, Dow-10,000 "boom", announced at a Morgan Stanley-sponsored talk last week that the climax of the baby boomer economy will deliver a new and long bull market boom starting in 2005 and lasting until 2010, in which the Dow will go up to 40,000 and the NASDAQ to 13,000...

--

/ dave /



More information about the lbo-talk mailing list