Nasdaq on its way back to 5000+? Harry S. Dent Jr's target for the Dow is 40,000 by 2008. Nasdaq 8,000-10,000.
Thanks for the post! Now I know I can safely short tomorrow for a short term correction. I was getting worried that too many people were sitting on the sidelines not being bullish after this move up.
Reminds me of a book that I saw when I was in Chapters last weekend, I forget the name of the author, but basically it was published in 2004 and predicts another big runup in the markets between now and 2008-2010. I'm somewhat tempted to buy the book purely for the sake of seeing what the author's arguments are hehe. On a somewhat related note, I'm really looking forward to the semester finishing up, so that I can read my copy of the 2nd edition of Shiller's Irrational Exuberance. My girlfriend bought it for me for my birthday.