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Trader Predicts Dow 7200

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Uploaded by on Jan 19, 2009

http://www.moneyshow.com/main.asp?scode=013203 Trader Tim Morge has a chart target for the Dow Jones Industrial Average at 7200, but if that level doesn't hold, it could go much lower.

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  • @adamofwarmfield

    Tim Morge said to give the $1.5T equally to all people 18 years or older (roughly 75% of the population). The stimulus has now ballooned closer to $3T and the amount would be closer to $12,000 per person.

  • HOWEVER - One thing he was wrong about though. He said is the "stimulus" was shared out among all US taxpayers, each person would get $750,000. This is such obvious bad math. Why do I keep hearing this laughable nonsense everywhere ? The real figure is obviously $7,500.

  • He was right.

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