Louise Yamada: Sell stocks; Dow could be headed for 6000

By Edward Harrison On Jan 21, 2009

Louise Yamada is one of Wall Street’s foremost technical analyst. In 2008, she was one of the few on Wall Street to see the market declining significantly. She is quite bearish and thinks the Dow Jones Industrial Average could go to 6000, breaking well below its 2002 low. Her advice: sell into strength until proven otherwise.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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Links: 2009-01-21

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