to add to my willingness to be 'open' to ever higher markets , even though I'm decidedly bearish because of the unrelenting print/ borrow and spend habits of our govt and thus our citizens in kind, (it's bad business, simply put) I'm reading Dent's book , where he speaks of a strong market into 2005, nasty correction/crash of sorts late in the year, then to Dow 40k by late in the first decade , 2009
he does a lot of his prognosticating based on demographics and history... as anyone reading his stuff knows
"Where's the market going? If you believe Harry S. Dent, Jr., the numbers are beyond bullish. They exceed irrational exuberance and verge on hallucinogenic. Dent asserts the Dow is going to skyrocket to above 40,000 by 2008, and his track record gives credence to his bold predictions."
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