Are too many people predicting Dow 6000

Discussion in 'Trading' started by milktruck, Jan 21, 2009.

How low can we go ...

  1. The majority is always wrong, we wont see 6000

    37 vote(s)
    51.4%
  2. Look out below, 6000 is a foregone conclusion for a reason

    35 vote(s)
    48.6%
  1. Exactly, I would argue that the public DOESNT think the market will fall that hard.
     
    #41     Jan 23, 2009
  2. I think most of the shit is priced in around the dow 7000 in SPOOZ equiv. I mostly think small componies have a better chance and I am a small buyer at 7000ish. This does not mean we cannot test 6000's but who gives a flying fuck, NO PERSON can time this accurately.....

    And yes, most people are stupid sheep with no business in the markets....
     
    #42     Jan 23, 2009