Dow Jones Industrial To Fall 4000 Points In 2012? - Joseph Granville Jan. 23 (Bloomberg) -- Joseph Granville, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri, for more than 40 years, talks about the outlook for the US stock market. He speaks with Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg) Tuesday, January 24, 2012 Joe Granville Predicts Another Earthquake: "Dow Jones INDU to 8000" Earlier this morning I was told that our most popular post on Monday was "Long-time bear joins bulls: Controversial Joe Granville says Dow could rise 800 points"* from August 2008. Joe was wrong on that one. Here's his latest via BusinessWeek, Jan. 23, 2012: Granville Says Dow Industrial May Drop Toward 8000 in 2012 Joseph Granville, whose "sell everything" call in 1981 sparked a decline in US stocks, said the Dow Jones Industrial Average will drop toward 8000 this year because of waning momentum and volume. "Volume precedes prices," Granville, 88, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri for about 50 years, said in an interview on "Street Smart" on Bloomberg Television. "You are seeing much lower volume. That tells you that prices are going to go much lower, much lower than most people think possible and very few people have projected." The Dow average has gained 4 percent this year to 12708.82 at 4 pm in New York. The Standard & Poor's 500 Index has ...
In this episode, Max Keiser and co-host, Stacy Herbert, discuss all hell breaking loose as an electronics chain store stockpiles security shutters, capital flees Greece (and Spain) and Max proposes a love market. In the second half of the show Max talks to Detlev Schlichter, author of Paper Money Collapse, about the euro, the drachma, the dollar and gold. Follow Max Keiser on Twitter: twitter.com Watch all Keiser Report shows here: www.youtube.com (E1-E200) www.youtube.com (E201-current) Subscribe to RT! www.youtube.com Watch RT LIVE on our website rt.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.
The Schiff Report - January 25th 2012 I covered Obama's SOTU address in more depth on my radio show at www.schiffradio.com Follow me on Twitter @SchiffRadio.com Friend me on Facebook.com/PeterSchiff
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In this episode Max Keiser and co-host, Stacy Herbert, present a New Year's special featuring outrageous predictions, bloopers and Berlusconi's 2012 Bunga Bunga Guide to finance. They look back to some 2010 predictions that came true in 2011 and look at the future of European bank runs, rising US treasury yields and the Jim Rogers - Marc Faber Chinese showdown. KR on FB: www.facebook.com