"Those who Cannot Learn From History,

Are Doomed to Repeat It."


Santayana




LOOking Back to SEE the Future


Pump and Dump




After a much needed correction of 10% for the general market, I envision a massive Pump and Dump scheme being perpetrated against unsuspecting investors. The correction should take us through most of May.


Then, I expect a breathtaking rally, which should vault the NASDAQ up at least 33%, in a couple of months. This is the Pump stage being evidenced in all of its glory !


Then, unfortunately, we will witness the Dump stage, as we drop decisively again below 1500. We will rally modestly into the New Year, as we complete a volatile Year of market activity virtually unchanged.


RRR
4/13/2009