http://www.elitetrader.com/vb/showthread.php?s=&threadid=24103&perpage=6&pagenumber=10 I think I remember being lambasted in my last posts due to the fact that I said that if the dollar tanks the dow will hit 15000!!! Once again...I made some oversimplifications to the general theses that were the foundation to my argument, but you capital market ninjas should take your analysis/criticism one step further and introduce the concept of ELASTICITY. Elasiticity, rather INELASTICITY, is the glue that binds my argument together. So sit back and watch the index rocket, especially in February '04 (figure that out on your own). BTW, recruiters can contact me through PM (especially after Feb)...
tomorrow ? . It rockets because of presidential election so there is still some room but I doubt that we will touch 15000 before plunging first. And of course in 2050 chronicles you will read how people have been abused by the government inflating the stock market buble to hide the huge debts until badaboum the equivalent of 1929^2. I said 16000 even before you said 15000 but for 2008 and this is just the usual blowoff of a giant bubble : http://www.elitetrader.com/vb/showthread.php?s=&threadid=19167&highlight=2008 2008 the last bubble mania : what will you do ? P.S.: Funny previous day I was watching TV about history on Mayas civilisation, they had two calendars one of 365 days and another of 260 days which is the religious calendar. And they predicted that the end of civilisation would be 5000 years later counting from their origin which gives ... 2012 .