A joke, yes. We will laugh in the car.

Wednesday, May 09, 2007

Dow 15,000

What I'm about to say may shock you.


I am predicting that the Dow will rise to 15,000 (at least) by the middle of next year. Short-term we're at a high but headed higher. I would expect a pullback to 13,000 shortly (10 to 20 days?).


Those of you that know better than to listen to my predictions might want to think of starting some short positions.


BTW, I'm enrolled in the CNBC stock challenge and I have made the top 2% (out of hundreds of thousands). These were all long positions due to the limitations of the game. If I could have been able to short I'd be in the bottom 4%.





Go Jazz!



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