Friday, March 28, 2008

Dow 20,000 Within a Year?

Well this is an interesting prediction....Dow 20,000.....within a year!

Evidently this guy has called market bottoms before. This is what I love about the stock market - you got George Soros on one hand calling for a Depression (just like he did in 1987) and this guy and others calling for another boom - what would amount to a 40% gain.

Who knows what will happen, I sure don't. I do know that the market will either be up, down or flat - but to what extent......its always unknowable.

Interesting story though. We'll return to it a year from now to see if he is right.

Scott Dauenhauer, CFP, MSFP, AIF