Unstoppable Bull Market: 8,500 Target For The Dow
Wow amazing..after that 250 point plunge on monday on some overblown GM news stocks are surging for yet a second day.
This bull market can’t be stopped. When I say time time buy it is usually time to buy. Just keep buying all the dips as the markets keeps climbing a steep wall of worry. All bad economic news is being discounted because the huge funds that move the market anticipate many years of steady growth on the heels of a Goldilocks economy. Despite constant pessimism on the internet chat boards and the leftist doom and gloom media hardly anything has changed at all regarding the fundamentals of the US economy between June 2007 and now, except a small dips in GPD consumer spending, and a slight rise in personal savings and unemployment. However, these are temporary amd the V shapped economic recovery is inenvitable.
That’s why stocks keep going up. Just keep buying the dips to make money. Consumers will resume spending, savings rates will go negative where they will remain, greed and deregulation will return, oil will surge to 100, gas surge to 4 gallon, and the dollar will plunge. Inflation will remain tame, and stocks will keep surging anyway.
Here are some charts showing how the dow will hit 8,500 in the short term
2 Responses to “Unstoppable Bull Market: 8,500 Target For The Dow”
Comment from joe
Time April 28, 2009 at 4:16 pm
you are a sad, deranged man.
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Comment from jeff
Time April 9, 2009 at 6:03 am
obama was good in economy and stockmarket