Louise Yamada sees stocks below 2002 lows

| 19 November 2008 20:00

Yesterday morning, I heard Louise Yamada on Tom Keene’s show on Bloomberg Radio giving her assessment that stocks may break below 2002 lows. I mentioned this in yesterday’s news round-up. But, now I have the audio for you as well.

Yamada is a much followed technical analyst so her opinion has weight. Since at least this summer she has been warning investors to use caution especially with regard to financials.

While many think technical analysis is little more than hocus pocus, she has been very prescient in her analyses. Below is the audio from yesterday plus links to two prior posts on her.

Enjoy.

Nov. 18 (Bloomberg) — Louise Yamada, managing director of Louise Yamada Technical Research Advisors, talks with Bloomberg’s Tom Keene and Ken Prewitt about the outlook for the U.S. stock market.

Yamada also discusses the duration of economic slowdown and investment advice. (Source: Bloomberg)

00:00 Outlook for stocks, duration of slowdown
07:57 Investment timing; process of “bottoming”
11:55 Outlook for dollar; economy, rescue plan
15:00 Utilities; investment advice; volatility

Running time 23:03

Source
Yamada Sees Growing Chance Stocks May Break 2002 Lows: Audio – Bloomberg

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill 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.

Related Posts
More About: , , , , , ,