Dow 16K?

Discussion in 'Trading' started by ganesh6, Mar 28, 2008.

  1. ganesh6


  2. I think the Fed will try to control it by raising rates.
  3. This reminds me of Glassman's Dow 35k call a few years back.

    Yeah, it's that ridiculous despite the narrower spread.

    Of course it will happen - it is not going to happen by the end of this year.
  4. S2007S



    Registered: Aug 2006
    Posts: 6103

    03-28-08 01:27 AM

    Foolish prediction, what is the next catalyst for this market?? There isnt any catalyst at the moment, so anyone wishing for something more than new highs on the DOW should keep wishing...why make such a foolish prediction, there is nothing that can push the markets to new highs let alone 16,000. The markets have had a long rise up in the last 5 years, why cant anyone acknowledge that there are such things as recessions and bear markets.....
  5. 16K is coming. Abbey Joseph will be vindicated.
    Buy the Dips!
  6. Heh.... you've got the idea down just fine.
  7. moondog


    time to buy is now.... everyone is freaking out and the dow will go up like it always does
  8. From your link:

    "Band's ... portfolios produced an 8.6% annualized return since 1991, in contrast to 10.9% annualized for the Wilshire 5000...Upon risk-adjusting his newsletter's performance, it equals that of the market itself. "

    So we give any credence to someone who has a longterm record no better than buy and hold?????