Marketwatch says SELL!

Discussion in 'Wall St. News' started by erlewine, Jul 28, 2007.

  1. "By Nick Godt, MarketWatch Last Update: 12:01 AM ET Jul 28, 2007 NEW YORK (MarketWatch) -- U.S. stocks will continue to fall next week, in continuation of a sell-off that saw the Dow Jones Industrial Average experience its worst week in over four years, due to nervousness that the easy-money binge of the last few years has come to an end."{D8D87106-1B7D-41A2-AF14-0CA8173A269B}

    This reporter made the same call on the weekend of June 9th:}&dist=TQP_Mod_mktwN

    I probably don't have to tell you which way the market moved the following week, although it was about 300 Dow points from his call by the following Friday.

    I love when the media gets into predicting markets!
  2. notouch


    Excellent contrarian indicator there.