David Tice Predicts S&P to Fall Below 800 Level

Discussion in 'Wall St. News' started by makloda, Jul 10, 2008.

  1. Daal


    rumor is he is bidding to cover at 1930's lows. he thinks by then the market might have 'overreacted a bit'
    #11     Sep 19, 2008
  2. dhpar


    you have to feel for him this morning - he is such a tool...
    #12     Sep 19, 2008
  3. Nice day for him once in a while if he's still around...
    #13     Sep 29, 2008
  4. toc


    Do not like Tice and his calls but this one needs some attention.

    CNN reports that 7.5M homes are beyond foreclosure value i.e. mortage defaults have already occured. Another 5M homes are in the negative equity but owners are putting money in somehow.

    These numbers are tooooooo big to ignore. Suppose the home owners cut all other expenses and throw everything towards the mortgage, other industries will suffer resulting in huge layoffs and the circle of recession is completed either way.

    Only bail out makes a sense!!!!!!!!!!!!!!!!!
    #14     Sep 29, 2008


    I will not support any bailout package that attempts to take my tax dollars and gives them to people who were not prudent with their borrowing and ability to pay. To do so is a MORAL HAZARD!!!!
    #15     Sep 29, 2008
  6. Genius King david tice
    #16     Sep 29, 2008
  7. #17     Oct 2, 2008
  8. i agree i see sp500 testing the 300 level to retrace the 1987 crash and fill the gap
    #18     Oct 3, 2008
  9. TT1


    Man, Is that a recent picture of Tice in his Office? Whats with the 50 lbs. CRT monitor in the background?

    The guy is still living in the past. You think he'd shell $300 for a nice 22" or something.....scheezeee.
    #19     Oct 3, 2008
  10. Isn't that Ferris Bueller's principal?
    #20     Oct 3, 2008