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Wednesday, January 25, 2012

Joseph Granville Predicts 50% Drop in Market: The Triple Whammy

Posted by Dagny Taggart at 2:54 PM
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3 comments :

  1. Motley FoolJanuary 25, 2012 at 3:46 PM

    Hum...4000 points drop to 8000. Isn't that a 33% drop? ;)

    I'm sure Bernanke has wet dreams about this. ^^

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    Replies
    1. Dagny TaggartJanuary 25, 2012 at 3:56 PM

      It sounded like he meant the first 4000 points would come this year, the rest to follow. Granville doesn't mention how the Feds QE to infinity might play into his charts...

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    2. Motley FoolJanuary 26, 2012 at 7:22 AM

      Fair enough. :)

      No, he does not, and I for one would imagine it might have some slight impact on the level of the Dow. Haha

      TF

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