Thursday, March 7, 2013


Dow Hits New Highs 4 Days in Row! Where Now?

A year ago, April 2012, everyone was yelling to sell. Now the same is being shouted. Yes, there will be pull backs. And, yes last year there were pullbacks and then the market went up, again.

Now, my guess is that this is a much stronger market than last year. The stock market has more going for it. Before the end of this year my outlook is that the Dow will be up 750 points+. The S&P will be up 150 points+. I would buy any dips, add in little by little. This may very well be the start of a four year BULL if there is no disastrous news. "Don't fight the trend and don't fight the Fed."