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Old 03-11-2009, 04:48 PM   #1083
macker
First Line Centre
 
Join Date: Apr 2007
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Quote:
Originally Posted by Slava View Post
Irrefutable evidence that the TSX is breaking out of its slump ():

http://www.globeinvestor.com/servlet...n0311/GIStory/

Jeff Rubin predicted a 16,200 point close for 2009 when the market was at about 15k. He predicted $200 oil when we were at about $135 and rising. Almost right away the market reversed and shattered those predictions!

Today he says we are due for 7000 before a year end of 9000 if we're lucky. So naturally you have to do the opposite of what he says!
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He comes across as very credible and is quite convincing in his inaccurate predictions. He needs to chill a bit on his extreme predictions as he is all over the place....Oh well, he was wrong before and he will be wrong again as noted....
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