de the Millennium Dow
Contrast that with where the SuperBulls say the market's going,
naturally. Financial gurus are falling all over themselves, one-upping
and out-doing one another with predictions of the Millennium Dow.
Meanwhile, the financial press is fanning the flames, keeping alive the
public's dream of an eternal SuperBull:
· 15,000 by 2005: Morgan Grenfell economist Ed Yardeni
· 18,500 by 2006: Prudential's chief technician, Ralph Acampora
· 21,000 by 2008: Harry Dent, author of The Great Boom Ahead
· 21,200 by 2010: Sheldon Jacobs, No-Load Fund Investor
· 30,000 by 2010: Frank Jennings, Oppenheimer Funds.
· 49,200 by 2013: Investor's Business Daily projection
· 120,400 by 2025: Roger Ibbotson, economist
· 153,000 by 2023: Investor's Business Daily again
· 400,000 by 2047: Kiplinger's magazine.
So why risk timing the market? Just ride this bull market up, up and
away .to prosperity. Buy'n'hold and you'll sleep better, and still build a
winning portfolio.
read this ..
cbs.marketwatch.com |
