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To: Rarebird who wrote (126630)12/2/2005 11:29:13 AM
From: skinowski  Read Replies (2) | Respond to of 209892
 
I'm looking at the Dow tripling by 2010.

As for Gold, I see another good year in store for 2006, new all time highs. But I see a top coming by January 2007


Sounds a bit inflationary, doesn't it....

What methods do you use for all these projections?



To: Rarebird who wrote (126630)12/3/2005 2:37:29 PM
From: Shack  Respond to of 209892
 
Interesting thoughts, I agree that it looks more and more like the bubble and crash was nothing more than a sector specific event, albeit a huge chunk of the market.

Notwithstanding the FA in your post, I also agree that it is more than obvious that most of non-tech is still in its multi-decade secular bull wave having finished up its cyclical bear in late 2002. We have lots of sectors making new all-time highs, most notably the financials, brokers and the NYA being the most notable broad index doing the same. Hell, even the Trannies are pulling this off in the face of $60 crude. As such it makes little sense to me to look anywhere but up in non-tech, its simply the trend, but there are also plenty of bullish charts even within techland.

While I have no opinion on how far the markets ultimately go here, there are clues among many individual stock charts that 2006 will indeed be strong.....very strong.