DOW DOUBLE DUE? Many say it’s impossible but guess how many times it’s happened since the Dow closed at 40 back in 1931? Well, not once or twice but eight times. That means a double every 8 or 9 years. So a double is not only possible it’s probable. That goes for the NASDAQ and the S&P as well as the TSX. Two doubles for the DOW would put it at 40,000. It is now 10,000, one double puts it at 20,000 and another double at 40,000. Voila, there you have it. It certainly is likely to happen. The question in when. By my projected date of 2013 we should be well on our way.

Posted in Investments |