A few years ago on RCS I said the DOW would go to 9,000 before it went to 14,000. Today, officially, I am wrong.
That is all.
But that would mean we're only paying $2.33 for gas. Don't know about you, but keeping my wits about me is getting a lot harder. They have definitely lost some equivalent punch. Bought seven hundred shares of Ford because I like standing in front of trains. Wish me luck; I'll need it.
The market knows that a Dow 14,000 based on QE3 Beranke bucks soon will be the equivelant of what 9,000 was a few years ago. So you were only half wrong.