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S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,804.00
(
0.64%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.57
(
0.00%
)
Bitcoin
58,128.74
(
0.41%
)
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SyndicateTwo

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SyndicateTwo

Re: MRVLReader post# 692

Tuesday, 05/25/2010 10:46:33 PM

Tuesday, May 25, 2010 10:46:33 PM

Post# of 1298
Well, read this,

http://www.thestreet.com/story/10766421/1/cramer-the-dows-worst-case-scenario.html


So, DOW 8500ish. The problem with his assumptions though is that they reley on current earnings not going down too much. Well, we saw what happened in 2008, first the stock market went, then the earnings. So, the market yet again proves to be the tail that wags the dog.

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