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Taking Apart David Tice on His Dow 3000 Call

 

Editor's Note: Arne Alsin's column runs exclusively on RealMoney.com; this is a special free look at his column, which was originally published Nov. 25. For a free trial subscription to RealMoney.com, where you can see Arne's commentary regularly, please click here.


Doomsday scenarios attract attention. Bill Gross made a Dow 5000 call in September that generated a lot of attention, though the underlying message was flawed. He said, "The market needs to yield close to 3.5% before it approaches fair value, and that means Dow 5000." ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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Oil *
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DOWN
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