VERY LIKELY...AND THAT WOULD BE EVEN LOWER IF YOU CONSIDER THE DEVALUATION OF THE DOLLAR THAT HAS OCCURRED SINCE THE LAST TIME THE DOW WAS AT 10,000...
ALL SPECULATION MUST BE DRIVEN OUT OF THE MARKET...THE "SPRING LIQUIDITY RALLY" WITH THE M&A AND LEVERAGED BUY OUT FRENZY WAS A KEY WARNING SIGN THAT THE END WAS COMING...
ANY MARKET THAT IS GOING UP SOLELY ON DEBT AND BUY OUT MANIA IS HEADING FOR TROUBLE... THE SPRING RALLY DIDN'T EVEN HAVE THE NICE "STORY" THAT THE DOTCOM BUBBLE PROVIDED...
WALL STREET NEEDS A LONG LONG REST...SORT OF LIKE WHAT HAPPEN IN THE LATE 60'S AND 70'S...
BACK TO "BROWN BAGGING" IN THE FINANCIAL DISTRICT...!
