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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (5284)6/6/2010 6:15:36 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 219189
 
Maybe. Typically secular bears end with Gold=DOW,
the same ballpark at least. That happened in 1932 and in 1980
again. We are in a major secular bear since Year 2000 or so.
The Dow will meet gold, but the question is when and where.
I'd say at 5000 if I had to guess, but if the Fed cranks up
the presses, it could as well be at 100,000. Most puzzling,
some stupid bears will continue to assert that this is a bear
market, with the DOW at 100,000, myself included. That's cause
the economy won't really be doing so well, and the DOW holders
will lose money in real terms. -g-