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LONGING THE DOW + FTSE = MASSIVE RALLY AHEAD-prt 10 into 2003

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yf23_1 - Tue, 30 Dec 03 :

Ho Ho Ho - Mike's back - must be a market top signal.

So, 4000 to 4470 is about a 12% rise as opposed to the 50% rise predicted.
You could have had a 33% rise if you had picked the bottom perfectly.
In fact we had to wait until beginning of July for the confirmed trend rise to start from the 4000 level.

I notice you're not exactly overly bullish for the next year.
Still only predicting DOW 12000 sometime in 2004.
That will probably be on the back of a lower dollar, so bugger all gains for foreigners with currency exposure.

If you had paid attention we had suggested Gold as a hedge against Greenspan's 'keep the tap open for a considerable amount of time' policy

How does your great market predicting abilities reconcile the fact that Gold is at its highs whilst the markets are supposed to be taking off yet there is no inflation threat ??????


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