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

Louise Yamada is one of Wall Street’s foremost technical analyst. She is quite bearish and thinks the Dow Jones Industrial Average could go to 6000. Her advice: sell stocks.

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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.

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