firewalker99
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Do any of you guys on this thread follow a trader named grey1 over at technical trader?
Basically i have followed him for some time and attended his recent webinar, he strongly believes the dow is heading south this year no matter how many times they cut rates, because he says it takes around 1 year for the cuts to actually affect the market and we only see spikes when the cuts or news comes out. He has done alot of fundamental analysis and beleives that there are alot of bankrupt stocks out there and he lists the stocks in his forum.
From what he says it seems there is alot of money to be made this year shorting the dow and these weak stocks, are you guys of the same opinion?
jason
You don't need to know a lot about the fundamentals to tell that the DOW is going south... though probably not today or tomorrow