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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 17 4:00 PM EST

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To: Benkea who wrote (26682)	9/22/1999 12:57:00 PM
From: TRINDY	Read Replies (2) of 99985

When is that Glassman or Glasser or whatever his name is predicting DOW 36,000. I just did a calculation taking today's 10,500 and compounding it at a 6.0% rate. In 22 years, you get 35,700. So, even the long bond rate is showing DOW 36,000, about the time I retire. By the way, in 22 years the DOW would be 53,000 at 8% annually and 94,000 at 11% annually, the historic return. So at issue is not the magnitude of the 36,000 but the timing. Anyone seen when he is predicting hitting the 36,000 mark?

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