11-04-2010, 04:06 PM
17500 for the dow in the next 18 months??? Wow, that sounds like a bubble to me
. I wonder what would actually drive it.
Previous bubbles, Internet Bubble peaked at around 11700, Banking fiasco bubble peaked at around 14100. Both of these peaks were based in invalid values.
So when I hear someone say 17500 in the next 18 months, in a economy that so far is slow to recover, I have to ask what he is smoking. Im actually thinking the DOW is starting to get over heated. If we hit 14000 I think I will dump most of my equities and weather the storm or cry in my soup if Im wrong.
. I wonder what would actually drive it. Previous bubbles, Internet Bubble peaked at around 11700, Banking fiasco bubble peaked at around 14100. Both of these peaks were based in invalid values.
So when I hear someone say 17500 in the next 18 months, in a economy that so far is slow to recover, I have to ask what he is smoking. Im actually thinking the DOW is starting to get over heated. If we hit 14000 I think I will dump most of my equities and weather the storm or cry in my soup if Im wrong.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
