Dow 50% Off Sale in 2012?

By on April 10, 2009

Hao Jin, in an article posted at Seeking Alpha, suggests that the recent rise is probably a temporary respite in a secular bear market. Jin relies on Harry Dent’s logic that a perfect storm of three bubbles (stocks, real estate and commodities) bursting at the same time will cause a depression and the Dow to fall to 3,800 by the year 2012. Jin adds four of his own reasons: 1) Mass Unemployment, 2) Commercial Real Estate (CRE) in trouble, 3) Credit Problems, and 4) Potential Credit Default from East/Central Europe.

Jin lists 30 of the most liquid ETFs in which an investor can construct a low cost portfolio.


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>