shortselling http://archive2.mrc.org/taxonomy/term/13726/all en Billion-Dollar Fund Manager Predicts Dow 5,000, Gold $2,000 http://archive2.mrc.org/articles/billion-dollar-fund-manager-predicts-dow-5000-gold-2000 <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; The doom and gloom crowd was piling on after a record one-day 777-point drop in the Dow Jones Industrial Average (<a href="http://finance.google.com/finance?cid=983582"></a>DJIA).</p><p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp; David Tice, who manages <a href="http://www.boston.com/business/markets/articles/2008/09/26/short_sellers_cry_foul_after_ban/"></a>the $1.1 billion Prudent Bear Mutual Funds from the Virgin Islands, offered a bleak assessment of the financial future in an interview with Bloomberg TV anchor Carol Massar on Sept. 30. </p><p>&nbsp;</p><p><a href="http://archive2.mrc.org/articles/billion-dollar-fund-manager-predicts-dow-5000-gold-2000" target="_blank">read more</a></p> Articles MRC Business Economy BloombergTV BostonGlobe Davidtice DowJones gold loancrisis MutualFunds SEC shortselling stocks trading Tue, 30 Sep 2008 19:48:41 +0000 admin 25895 at http://archive2.mrc.org