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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (24179)8/13/1998 11:19:00 PM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
The other two included Bob Prechter and
P.Q.Wall, both of whom are calling for Dow 1000 - that's one thousand - in the next 5-6 years.
(Prechter also says below 4000 by this December)


Maybe there'll be a split in the stock index!

That is nutty. I don't see the Great Depression returning to the US just a mild recession and more realism on profit growth numbers and valuation methods. This combination could take us to 4000 easily but 1000 is Great Depression stuff.