Sunday, June 7, 2009

RF's Predictions on the Indices

S&P - I'm sticking by my 1050 call

NASDAQ - 2,100 with ease by Christmas

DOW - I called 9,000 at 8,200 and all my friends thought I was an idiot. It's going to 9,500 by turkey day.

2 comments:

  1. Would like your opinion. Ever since I have been trading, tech has always been cold during 3rd quarter. Do you see that happening this year as well?

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  2. I like tech going forward, i still think it can outperform all indices (nasdaq). However, we might pullback a little in 3rd Q unless this is a birth of a new bull market. If that is the case, we are going to 2500 on the Nasdaq but it's too early to tell.

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