David Tice: Dow to fall 5000

http://www.bloomberg.com/vid=vR5R0yzNnd2Y

 

link doesn't work

 

http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vR5R0yzNnd2Y.asf

 

Wacko, no more than 2000 would be my guess for a long term bottom.

 

If you had boughts Tice's bear fund at its inception in 1997 you'd still be down 15% today. Of course he'd love the Dow at 5000 lol

 

Dow 5000--lmao.. PPT would have negative interest rates before that would happen.

 

has he swtiched his crt screens to LCD yet?

 

5000, hmmm

nah.....


Would have to be such a downturn in this economy to see that, unemployment at 15-20%, GDP at -5% or more, I highly doubt it, its okay to be a bear but to make a prediction like that is like a bull predicting dow 100,000.

 

negative interest rates... that'll be interesting... they pay you to borrow money ...

 

the only way i could see dow 5000 is if there was a derivatives meltdown.

bgp