Targets for the S&P –1415-1565. Really? Really.

Posted on May 03, 2010 by in Free Letters

We usually make it a practice to roll our eyes and snicker when we hear people predicting Dow 36000 and Dow 16000.  Of course the Dow will go to 16000 (and maybe even 36000 -- but not in your lifetime).  It went from 29.64 in 1897 to 14000+ in only 112 years.  But we usually think people who spout off these extreme numbers are either naive or just looking for publicity.

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