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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: If only I'd held who wrote (51942)2/20/2000 10:50:00 PM
From: Street Hawk  Read Replies (1) of 122087
 
"I see DOW 20,000 within the next 2 years myself. And the Nasdaq at 10k....no problem"

Was your post in jest? If not, oh boy, we now have A@P board readers who think that this market will rocket even higher. I don't know what to say, but I think that this market is on the verge of a nervous breakdown when people view the market as being unstoppable, with bizarre baby-boomer theories. Why would the DOW be at 20,000 in 2 years if the average investor didn't want something "boring"?
Near the end, almost everyone throws in the towel and says that things are heading higher, the doubt fades away, and then BAM, the market tanks, in my opinion.

By the way, what is this Goldman Sachs thing that you refer to?
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