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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (7222)8/16/2001 12:55:40 AM
From: Maurice Winn  Respond to of 74559
 
<but no, the DOW will not go to 16k>

Jay, I'm not [now] very serious about that 16k since there are only 6 months left. But looking back from 2010, the graph will go right through 16K at the beginning of 2002. Which is irrelevant if there is a huge trough in the middle there somewhere and I am lying dead at the bottom, bones picked clean by Jay Chen and cronies.

As you say, it's all timing. Pick the trends, pick the time.

My 8000 and 16000 predictions were made way back in mid 1995. The Dow graph has climbed constantly [with little troughs and peaks along the way] for 100 years. That process will continue. The moving two year average, looking back, will be tracking through 16,000 about 2002. That's still my bet. But I expect some very fun troughs and peaks along the way.

Mqurice