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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (82675)	6/12/2013 9:14:50 AM
From: John Pitera	Read Replies (1) \| Respond to of 206741

The coming Inflationary period makes DJIA 36000 a very real possibility before the decade is over. John There was an excellent paper written by a Wall Street though leadership guy back in the 1970's where he projected the DJIA going to 40,000 over the next 60 years and this was when the DJIA never cracked 1000 and had spend almost 20 years going back and forth between 500 and 1000..... At the time that seemed a forecast of sheer and complete lunacy.... and yet now that we have been from 1000, to 15000.... Move to 40,000 over the coming decade sounds eminently much more plausible..... Unfortunately, the gentleman died before the great secular bull market of 1982 really got underway.... but still great foresight on his part... I will see if I can find that article..... I think I may have archieved it. JJP