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NICK VARDY SAYS DOW GOING TO 15,000 by 10/12
Nick Vardy according to "Stock Gumshoe" using an "Infallible" Indicator says the Dow will go to 15,000 by October 2012? Does anyone believe this? ......here is the article. http://stockgumshoe.com/reviews/alph...october/print/
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Nick has his finger up his butt! he could bet me anything or amount he wants on that prediction.Originally posted by Phoenix7 View PostTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Ski
Ski I don't know the guy from Adam .....but who knows? .....election years are good more than not ......and the OBAMA team will definitely JACK this marketOriginally posted by skiracer View PostComment
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I say 14000 is possible due to election but 15000 no way.Originally posted by Phoenix7 View PostComment
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based on what, how great the econoomy is, our debt ceiling, or the entire middle east situation, or anything else that is going on across the entire planet. I cant believe that you could even consider that feasible. give me one solid factual bit of information that would support his proposition. And believe me before this year is over and the election is here Obama is going to be exposed for exactly what he is. The only thing he will be jacking is off.Originally posted by Phoenix7 View PostTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Wooish,Originally posted by wooish View Post
that's over 1200 points between now and this coming november to reach 14000 and more than 2200 points to reach 15000 in 8 1/2 months and based on what.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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only in religion!Originally posted by Agredior View PostTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Ski
It's based on the fact that this market is irrational and the fact that the DOW should be under 10000 but it's not. There's invisible force behind the market and that is the FED. Since Oct 2011, the DOW has rallied 2400 point in 4 months and we all know during these time what the state of the economy is.Comment
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Want to make a guess as to where all the current liquidity inflow is coming from?Originally posted by Phoenix7 View Post
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Wooish,Originally posted by wooish View Post
sorry if i sounded weird about all of this. it just amazes me that people can make wild predictions and assumptions and based on nothing supportable other than an assumption on their part. I took a look at the chart of the INDU and SPX which follow each other almost identically. I couldn't agree with your numbers 100% but the INDU has gained close to 2000 pts. over approx. the past 6 months. but that was from 10750 range to present highs. and I have to take into account there was a better chance of moving from drastic lows of the banking and housing bubbles bursting to higher present levels. now we are at much higher levels and it is going to take alot more of a sound concrete economic base to move farther up than what it did when it was at those lows. previous to these highs there was almost nowhere else to go but up. plus like Riverbabe stated, where do you think the money flowing into these markets is coming from. Would you agree the govt is buying alot of equities to support their cause?THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Well, there is always a first time for an "infallible" indicator to fail.Originally posted by Phoenix7 View Post
Regards,
KarelMy Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)Comment
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Apparently this Nick Vardy guy thinks he has that self fulfilling prophecy effect that some stock analysts get when they say things like, "QCOM is going to 400." No way the market keeps this up. It's still being propped up by the FED and there are too many imminent events going on in the world. And like Karel alluded to, there is no such thing as an infallible indicator.Comment
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