Another day another bold prediction, seems like bear markets last a few seconds and bull markets, well they last for as long as you believe in them. Aside from that this is just another one of those funny predictions. I mean this reminds me of the days when people were predicting the nasdaq to go to 10,000, of course it never happened, anyway those who believe a bull market is here and is ready to rally another decade or more, good luck. Aside from that, this is what caught my attention yet again: Mr. Hennessy says, "Plus, with trillions in cash on the sidelines waiting to get in the game, the market's headed in one direction: Up." Permabulls, Bulls, Idiots and FOOLS alike please stop it with the Fu$king money on the sidelines nonsense, its not true. All talk about money on the sidelines is just lame damn excuses for people to think that if trillions of dollars pour into the market its only going up. I remember all the talk about money on the sidelines in 2007, after a 50% drop in 2 years trillions of dollars on the sidelines didn't do a fu$king thing to prevent the indexes from plummeting. Enough of the conspiracy theories please................ 10-Year Bull Market Has Begun; Dow Will "Double For Sure", Hennessy Says Posted Oct 01, 2009 08:00am EDT by Peter Gorenstein in Investing Related: dia, ^dji, spy, ^gspc, qqqq The Dow Jones Industrial rose 15% in the third quarter, closing the book on its best 3-month span in 11 years. Skeptics calls it a classic bear market rally. Neil Hennessy, chief investment officer of the Hennessey Funds, has a more positive assessment. Much more positive. "I think we're starting a 10-year bull market," he claims. During that time, he believes, the Dow will "double for sure" from current levels. His reasoning? Stocks are the only reasonable money-making investment in this current environment of low interest rates. Why "put your money into a 30-year U.S. government bond at 4% and wait 30 years to get your money back?" he asks. Instead, he says, buy the Dow Jones Industrial Average. The 30 components are yielding a 3% dividend and, unlike Treasuries, offer a growth opportunity. Plus, with trillions in cash on the sidelines waiting to get in the game, the market's headed in one direction: Up.