Predictions keep going higher and higher!!!!!!!!!

This is from 2 days ago, this guy says 11,000 by end of August and 12,000 before end of year.

11,000 by end of August, this is going to be one crazy rally after dropping back below 10,500 on the DOW.

Imagine buying the day he spoke about 11k by end of August, you would have been down over 3%, way to go.......

Anyway just keep buying, these guys keep yelling dow 11k-12k so if you buy these dips you will make free money because there is no other place to make a return on your money but these rigged markets.

Dow to Hit 12,000 Before Year-End: Portfolio Manager
Published: Monday, 9 Aug 2010 | 1:07 PM ET
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By: JeeYeon Park
CNBC News Associate


Stocks rose across all sectors on Monday, led by telecom, utilities and consumer staples. Paul Schatz, president of Heritage Capital and Eugene Peroni, senior vice president and portfolio manager at Advisors Asset Management discussed their market insights.

“August should be pretty tame overall,” Schatz told CNBC Monday. “I think we’re building towards a significant market peak either late this month or early next month.”

In the meantime, Peroni said the market is in a “very powerful” cycle, led by the cyclicals, which “bodes well for the economy and the market going forward.”

“We’re in a seasonally quiet time, but if you extract the volume and look at money flow characteristics along with the price architecture of many individual stocks, we’re seeing a very powerful situation since the 2002 bottom,” he explained.

“So August is going to be a surprise on the upside—the Dow will breakout above the 11,000 mark and carry onto 12,000 before the end of the year.”

 

I think that you are totally missing the point S2007S.
& the point is -what are they smoking and more importantly who is their dealer???

 

Good question GuyF. This guy is on for 1250.......SAYS Invest HERE, bulls have no no need to worry when the markets fall 5% because its always a guarantee that they come back even stronger.



S&P Will Reach 1250—Invest Here: Chief Investor
Published: Thursday, 12 Aug 2010 | 11:21 AM ET
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By: JeeYeon Park
CNBC News Associate


Stocks opened lower Thursday after weekly jobless claims rose unexpectedly, indicating the US economy's problems are far from over. Ethan Anderson, portfolio manager at Rehmann Financial, and Dan Genter, president, chief executive and chief investment officer of RNC Genter Capital Management, discussed their insights.

“We’re still going to be in a positive range of one and a quarter to one and a half positive GDP growth and that’s going to be enough to drive the topline,” Genter told CNBC.

Genter said although economic growth will be slower than expected, corporate earnings will come through and the S&P 500 will eventually reach 1,250.

“You have to carry those horses that’s taken you here and you can buy on the weakness,” he said.

In the meantime, Anderson said investors are uncertain and nervous over what will happen when the $300 billion of stimulus dollars in the system starts disappearing next year.

“We’re either going to catch ourselves and keep on moving down the economic growth trail or we’re going to wobble and fall over on our sides,” he said. “Right now, people don’t know and we’re not getting clear signals.”

 

Charts: S&P to Hit 1,220 if Pattern Holds
Published: Tuesday, 17 Aug 2010 | 9:31 AM ET
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By: CNBC.com



If the S&P 500 can break above 1,135 points and out of its range-bound pattern, then it could hit 1,220 points and far higher, Julius de Kempenaer, manager at www.talergroup.com, told CNBC Tuesday.

"To me it looks as if a head-and-shoulders reversal pattern is in the making… It's a little bit of an early call I think," Kempenaer said.

The pattern will be completed if the S&P [.SPX 1092.54 13.16 (+1.22%) ] breaks above 1,135 points again, according to Kempenaer.

"If that happens then we're back on track for more upside and then the 1,220 (points) old high is your first target, but probably much higher," he said.

Kempenaer said he is bullish for the index in the longer term. There may be some declines on the way up, but these could be buying opportunities, he said.

 

Mr. Kaufman is using the good old presidential cycle to call the next 50% run in the SPX to 1500 and even says its hard to argue with that kind of history to back it up. This is really hilarious and pretty much nonsense going into the presidents third cycle. You can use all the historical data you want but with these markets not having a single catalyst to sustain any upward momentum but bubble ben bernanke throwing worthless dollars at this market this is not going to happen. Keep these bullish predictions coming, they keep getting better and better.



'Bullish History' Suggests S&P at 1500 Soon: Analyst
Published: Friday, 3 Sep 2010 | 12:07 PM ET
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By: JeeYeon Park
CNBC News Associate


Stocks were sharply higher Friday after the government reported August non-farm payrolls fell much less than expected. Will the markets continue to rally in September? Peter Costa, president of Empire Executions and CNBC market analyst, and Wayne Kaufman, chief market analyst at John Thomas Financial, discussed their market outlooks.

“I’m still bearish overall, but September is going to have an upward bias. A lot of money is going to have to come back into the market [and] this month is going to be a positive month,” Costa told CNBC.

In the meantime, Kaufman said he is bullish on the markets going forward.

“We’ve just had two major sentiment surveys—newsletter writers and individual investors—both of these were levels seen in March 2009,” he explained.

“On top of that, earnings versus bond yields—those are also at levels of March/April 2009, and until I see aggregate earnings for 2011 start to come down, valuations are very nice.”

'A Bullish History'

In addition, Kaufman noted that the market traditionally rallies after the second-year presidential cycle going into the third.

“Historically, you have on average in the last seven cycles, a 50 percent increase from the second-year bottom, which, if the bottom was July 1 at 1,010 [on the S&P 500], that average will take you up to 1,500. It’s very hard to argue with that type of a bullish history.”