Louise Yamada: Sell stocks; Dow could be headed for 6000

| 21 January 2009 08:00

Louise Yamada is one of Wall Street’s foremost technical analyst. In 2008, she was one of the few on Wall Street to see the market declining significantly. She is quite bearish and thinks the Dow Jones Industrial Average could go to 6000, breaking well below its 2002 low.  Her advice:  sell into strength until proven otherwise.

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.

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