Sunday Musings: 2,000 More Points On The Dow—By The End Of This Year?

When referencing articles written by others on subjects of interest for this blog, I usually align myself with those whose viewpoints I share and value. Occasionally, I run across an opinion which does not resonate with me at all.

This happened to me a couple of days ago when I watched the following video clip on MarketWatch:

http://www.marketwatch.com/video/asset/5-reasons-to-be-bullish-2009-09-03/6817A216-C916-4167-BE38-E217E84346E6

I must admit that I simply can’t agree with any of the five arguments made, because they simply do not consider any economic reality, at least not from my way of thinking. But then again, neither did the market over the past few months.

Here’s an opposing forecast that almost reminds me of Harry Dent’s prediction of the Dow 30,000 some years ago, and we know what happened to that one.

About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
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