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Did U Think The Ponzi Scheme Would Last? » Comments » BGZ

  • Why the Dow Is Headed to 6000 [View article]
    On Jun 29 09:51 AM TradingHelpDesk wrote:
    > Elliott Wave International are a lot more pessimistic than you, and
    > unfortunately they are very, very good at forecasting.

    I want to make sure people get the full story behind your post. While EWI is indeed predicting a very dire long term outcome with the Dow going well sub 2k, they also believe that this sucker's rally will hit a higher high this year before it enters Primary 3 down (AKA the big wipe out). They know that stocks don't go straight up or straight down. They predicted this sucker's rally almost to the freaking day.
    Jul 19 14:48 pm |Rating: 0 0 |Link to Comment
  • Why the Dow Is Headed to 6000 [View article]
    6000 is an unrealistically good scenario. We are talking about the biggest credit crash in the past 200 years happening to the most indebted nation in the history of the planet. The market crash 89% in 29-32 and we will beat that this time around in % terms. Anyone who cannot believe this is in serious trouble.

    SUSPEND DISBELIEF.

    Or do you really think this Ponzi scheme can last?
    Jun 29 09:19 am |Rating: +35 -19 |Link to Comment
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