Seeking Alpha

je » Comments » BBH

  • The Media Are Over-Hyping Recent Market Gains [View article]
    Mr Freddo
    I thought I was alone on the target of 6000 but I think you are wrong about the DOW staying there. I think we will rally to10000 to 11000 -the first of it by mid summer and then maybe a secondary rally late 09 to the first quarter 2010.
    When the DOW starts down the next time from these ralIies I think we will see 3500 by mid 2011 or so. That is when most of the mortgage resets will be over.
    I think we could get a retracement rally today back up to the 61.8 (8150 or so) and then we have unemployment Thursday and Friday plus the stimulus bill will take three weeks to get passed.
    When this is passed you will get your bear rally.
    Feb 11 08:40 am |Rating: +2 -1 |Link to Comment
More on BBH by je
Comments by Ticker
AAN, AAP, AAPL, AAV, ABX, ACH, ACI, ACM, ADM, AGG, AGNC, AGU, AHGP, AIG, AKAM, AMN, AMSC, AMZN, AN, ANDE, ANH, ARLP, ASA, ASR, ATW, AU, AVR, AXP, AZO, BA, BAC, BBH, BBI, BBT, BC, BDH, BFS, BGC, BHH, BIIB, BIREF.PK, BND, BNI, BP, BPO, BQI, BRK.A, BRK.B, BSR, BSV,
je's
Comments Stats
198 comments
Rating: 54 (131 - 77 )