In this Sunday's Barrons James Finucane predicts Dow will hit 18-20K within the year. 67 yr old Fenucane has one of the best track records for predicting market lows, and says that the 1/22 and 1/23 lows of 11,508 should hold.
Furthermore, he says betting on a slump is like betting against the government and human nature . Loads of cash on the sidelines and months of stock liquidation will light the fuse. The cycle ALWAYS repeats ....Fear to Confidence to Greed.
I am inclined to believe Finucane and the money will be made in V , APPL , GOOG and a host of others. Boys and girls the fuse is lit and blast off is coming ....buy some beaten down companies , hang on and enjoy the ride.
HAPPY EASTER TO ALL .....and have a beautiful day!
Furthermore, he says betting on a slump is like betting against the government and human nature . Loads of cash on the sidelines and months of stock liquidation will light the fuse. The cycle ALWAYS repeats ....Fear to Confidence to Greed.
I am inclined to believe Finucane and the money will be made in V , APPL , GOOG and a host of others. Boys and girls the fuse is lit and blast off is coming ....buy some beaten down companies , hang on and enjoy the ride.
HAPPY EASTER TO ALL .....and have a beautiful day!
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