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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (6601)	7/6/1999 11:08:00 AM
From: w0z	Read Replies (1) \| Respond to of 15132

In March, Acampora outlined an upbeat long-term picture for the Dow, predicting 14,000 to 15,000 by the end of 2000 and 20,000 to 30,000 ten years from today. 20,000 is 6.0% compounded from today and 30,000 is 10.4% from today. Not really too wild considering we've done much better than that (~18%) since this bull began in '82. However, probably a lot less than all the boomers are assuming in their retirement forecasts!