Notorious market timer Joe Granville predicted a 50% market plunge yesterday on Bloomberg Television: Joseph Granville, whose âsell everythingâ call in 1981 sparked a decline in U.S. stocks, said the Dow Jones Industrial Average (INDU) will drop toward 8,000 this year because of waning momentum and volume. âVolume precedes prices,â Granville, 88, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri for about 50 years, said in an interview on âStreet Smartâ on Bloomberg Television. âYou are seeing much lower volume. That tells you that prices are going to go much lower, much lower than most people think possible and very few people have projected.â Read more: http://www.businessinsider.com/noto...ille-predicts-a-50-crash-2012-1#ixzz1nRY3EkUW So considering how bad Joe has been as a market timer does that mean the market will now have an extended bull run? Or will he finally be right. And what's WITH this low volume? Especially the Q's?