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Dow could hit 4,000
MarketWatch ^ | 3/5/09 | MarketWatch

Posted on 03/05/2009 7:21:09 AM PST by AngieGal

Noted newsletter editor Peter Eliades tells Stacey Delo why he believes the market could get worse — thousands-of-points-on-the-Dow worse — before things get better.

Click the link to see the video of the interview.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bailout; bho44; bhodjia; djia; dow; economy; first100days
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1 posted on 03/05/2009 7:21:09 AM PST by AngieGal
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To: AngieGal

YIKES


2 posted on 03/05/2009 7:22:49 AM PST by GoCards
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To: AngieGal
Help!

I'm being stimulated!

Look out belowwwwwwwww....

3 posted on 03/05/2009 7:23:39 AM PST by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: AngieGal

Relax...it’s better than 3,000........


4 posted on 03/05/2009 7:25:02 AM PST by ninonitti
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To: AngieGal
Charts Predict: Dow 6,400 in Less than a Month-19 Nov 2008

Off a little, but I give her credit.

5 posted on 03/05/2009 7:25:35 AM PST by BGHater (Tyranny is always better organised than freedom)
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To: AngieGal

Oh, I’m pretty much counting on DJIA 4000.


6 posted on 03/05/2009 7:25:39 AM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
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To: AngieGal

The sooner the better.


7 posted on 03/05/2009 7:26:45 AM PST by Huck ("He that lives on hope will die fasting"- Ben Franklin, Poor Richard's Almanac)
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To: BGHater

I was expecting it to be Louise Yamada. She’s another sharp cookie.


8 posted on 03/05/2009 7:27:48 AM PST by Huck ("He that lives on hope will die fasting"- Ben Franklin, Poor Richard's Almanac)
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To: AngieGal

Guess outsourcing our entire manufacturing sector wasn’t such a hot idea after all.


9 posted on 03/05/2009 7:28:19 AM PST by mysterio
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To: AngieGal

In the world of an anti-capitalist this would be absolutely wonderful exciting news.


10 posted on 03/05/2009 7:28:41 AM PST by R_Kangel (`.`)
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To: AngieGal

Lib battle cry...”The Fault of Limbaugh!”(Bush isn’t cool anymore)


11 posted on 03/05/2009 7:29:16 AM PST by Dallas59 ("You know the one with the big ears? He might be yours, but he ain't my president.")
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To: AngieGal
Jimmy Carter had it as low as 747. With Obama making stupid decisions every day, it could go lower.
12 posted on 03/05/2009 7:29:42 AM PST by Dixie Yooper (Ephesians 6:11)
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To: AngieGal

joe biden after the election:

>you’re not going to like what we’re going to do.


13 posted on 03/05/2009 7:29:47 AM PST by ken21 (the only thing we have to fear is fdr deja vu.)
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To: AngieGal

A friend suggested that we wait a couple more years to retire...hmmmm!


14 posted on 03/05/2009 7:29:50 AM PST by Shery (in APO Land)
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To: AngieGal

When I go to Vegas I’m going to gamble quite a bit. One of the things I will bet on is how low the dow will go before it’s nationalized by the neo-stalinists. I say 3000 is a pretty good number to bet on.


15 posted on 03/05/2009 7:29:56 AM PST by mainerforglobalwarming
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To: AngieGal

An entitiy unto itself doing the limbo or limbaugh? How low can you go? What’s in your portfolio? /sarcasm


16 posted on 03/05/2009 7:32:14 AM PST by PGalt
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To: Dixie Yooper
Hussein did say he didn't care about the Stock Market.
17 posted on 03/05/2009 7:33:38 AM PST by Dallas59 ("You know the one with the big ears? He might be yours, but he ain't my president.")
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To: AngieGal

If memory serves me the next support level is about 5,200 - 5,300. From there the next support levels are around 4,500. Not a good sign.


18 posted on 03/05/2009 7:33:38 AM PST by stockpirate (A people unwilling to use violent force to defend liberty deserves the tyrant that rules them SP)
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To: AngieGal

LOL I just made that prediction on another thread a little while ago.


19 posted on 03/05/2009 7:35:02 AM PST by cripplecreek (The poor bastards have us surrounded.)
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To: AngieGal

Well, if that’s where it finally does bottom, watch Obama take credit for “saving” those last 4,000 Dow points.


20 posted on 03/05/2009 7:36:19 AM PST by kevao
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