Remember what I said months ago and folks here thought I was totally insane to think the dow would go to 10000. We are going to reach 10000, few more bear rallies and sucker traps and the slide will continue to 10K. Get ready to wear your Dow 10000 hats folks. http://www.elitetrader.com/vb/showthread.php?s=&threadid=120976&highlight=dow
the question is when? not the next few weeks. The current "bottom" is around 10400. If it gets there the next few weeks, I am all in. Actually the dow may even rally to 12400.
Goldman sachs (which I bow down to and praise as god) has called S&P 500 at 1400 by end of this year. So we'r in for a big rally sometime over the next couple of months!
blackrock ceo has S&P 500 at 1450 by the year end... Goldman is being conservative. Its hard to imagine indeed.... Another big firm has S&P 500 at 1600 by end of 09 I forget which one though.
Well if the analysts and executives are saying it's going there, then it must be true!!! BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY!!!!!!!!! P.S.- I remember when Jimmy Cayne told us his firm was "financially sound" (Little did we know he meant "for the next 3 days"). LOL.