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Thread: James Altucher of Formula Capital bullish call on QE2 predicting the Dow will hit 20,000

  1. #1

    James Altucher of Formula Capital bullish call on QE2 predicting the Dow will hit 20,000




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  3. #2
    yep and the dollar hits 50..... it's a lose lose situation. Middle class gets raped and the bankers benefit.
    "Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it; no constitution, no law, no court can even do much to help it."
    James Madison

    "It does not take a majority to prevail ... but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men." - Samuel Adams



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    Dum Spiro, Pugno
    Tu ne cede malis sed contra audentior ito

  4. #3
    Kick the can down the road, have a DOW run up with QE2, help Obama skim by into a second term

  5. #4
    Quote Originally Posted by Agorism View Post
    Kick the can down the road, have a DOW run up with QE2, help Obama skim by into a second term
    except the DOW has nothing to do with a recovery. most folks are only going to feel the pinch of inflation. The DOW can go to 50K....still no relief for the voters.
    "Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it; no constitution, no law, no court can even do much to help it."
    James Madison

    "It does not take a majority to prevail ... but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men." - Samuel Adams



    Μολὼν λάβε
    Dum Spiro, Pugno
    Tu ne cede malis sed contra audentior ito

  6. #5
    Well if we get a bubble going for a while, it will seem like prosperity to a degree anyway.

  7. #6
    Not for the normal voters. When a can of peas hit $4 and gas hits $5 prosperity is a distant memory. They will try to use this as a measure but hungry people will be pissed of even more.
    "Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it; no constitution, no law, no court can even do much to help it."
    James Madison

    "It does not take a majority to prevail ... but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men." - Samuel Adams



    Μολὼν λάβε
    Dum Spiro, Pugno
    Tu ne cede malis sed contra audentior ito



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