BusKow Posted February 22, 2003 Report Share Posted February 22, 2003 This is unbelievable. Doc, please don't shoot the messenger! Don Wolanchuk is the winner of many market timer awards and he is EXTREMELY bullish. His site, which doesn't provide any clues to the incredible conversation mention below, is The Wolanchuk Report. This was my first contact with any projections by the guy, whom I believe Bare has often mentioned here. Perhaps Bare will honor us with some additional context. Gold to $800/oz, long the dollar, next drop in the market starts from Dow 25,000, two consecutive 4 year cycle lows have flushed all excesses from the system...too many to mention. Tom O'brien is not a great journalist, and after admitted there were some questions he should have asked. Indicated he will have the guy back and do so. Hope he asks how and when this amazing scenario will play out! To listen...(Requires Real Player) Use this link TFNN Archives Scroll down to the show of Feb 21, 2003 "Don Wolanchuck 5:20 Have a Money Making Weekend!" When you click on the date it will bring up the RP utilty. Press the pause button, and pull the slider over until the time indicator in the lower right corner indicates about 01:16:00. Press the play button. Remember to breathe Link to comment Share on other sites More sharing options...
wndysrf Posted February 22, 2003 Report Share Posted February 22, 2003 Wolanchuk is a fraud. Ask BAREisster, who has subscribed to his site for awhile now. Tom O'Brien had Wally on right after September 11 lows, and he said the Dow was going to go straight up and never look back. Predicted 15,000 target or thereabouts. Tom had 4 different timers on that day. Joe Granville was another who was insanely bullish. Lets ask BARE what he thinks of this current prediction. Link to comment Share on other sites More sharing options...
Guest AssMaster Posted February 22, 2003 Report Share Posted February 22, 2003 I have seen Wolanchuk's behavior on SI and he is highly fadeable - much like Cramer. His conduct appears to be that of a teenager, and a poorly behaved one at that. He appears at his most obnoxious at market tops. Now that both Cramer and Wolanchuk are bullish on gold, I may have to rethink my current PM position. Seriously. Link to comment Share on other sites More sharing options...
Guest sigmoidoscope Posted February 22, 2003 Report Share Posted February 22, 2003 Wollie. LOLLie! :grin: :grin: Watch the first three or four hours on Monday. If we fail to break today's high, and or set a new high and then back off hard, look out below. Otherwise we might have a temporary bottom. If the rally holds into the close, short term rally in the cards. But I love fading Wollie almost as much as Arch! Link to comment Share on other sites More sharing options...
realist Posted February 22, 2003 Report Share Posted February 22, 2003 Dow 25,000, two consecutive 4 year cycle lows have flushed all excesses from the system...too many to mention. L-O-Fecking-L If there is a DOW 25K PUT, then let me at! Link to comment Share on other sites More sharing options...
GregFokker Posted February 22, 2003 Report Share Posted February 22, 2003 Thank goodness. I was beginning to fret about my open put positions. As long as morons like this are still finding listeners, there'll be miles left to go to the downside. Link to comment Share on other sites More sharing options...
PileDriver Posted February 22, 2003 Report Share Posted February 22, 2003 Oooo-kay... <----- Those following his predictions a tad too soon. Link to comment Share on other sites More sharing options...
fxfox Posted February 22, 2003 Report Share Posted February 22, 2003 Dow 25k? yes................ IN THE YEAR 2525, da da da............. seriously: we can discuss if market will fall apart and goes to 5000 this year or not, but we cant discuss about Dow going to 25k in 2005 or so, thats just nonsense. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.