Dow 36,000?
 

Any of you trade/traded? What do you think about Dow going to 36,000

Lets get to 13000 first, where in the world did you pull out 36k?

A few economists...Martin Armstrong...plus, if we go QE3, which, Ben B. will end up doing it would not be that far fetched...

not going to happen anytime soon :2 cents:

Lol at not that far fetched, :1orglaugh:1orglaugh

You do understand the amount of POMO that has been going on don't you? $SLV and $GLD are going nuts as well.

Agreed...but just curious to see if anyone who trades/traded in here had an idea on the market

I did this Iron Condor on Tuesday with SPY puts.

Bought May $129 puts for $1.85
Sold May $124 puts for $.90

So, for a cost of $.95, it can net $5 if the S&P corrects by 3% in May, which it almost always does.

not in our lifetime

Never know till it happens

Sort of reminds me of this stupid book, written in the year 2000...
http://www.amazon.com/Dow-36-000-Str...2773244&sr=8-2

I could envision 3600 before 36,000.

kind of silly to predict a whole market to triple isn't it?

maybe by 1/01/2038 :1orglaugh:1orglaugh:1orglaugh

if the dollar keeps tanking the market has to go up just to maintain value.

I think DOW 20,000 within the next 3-5 yrs.

if the us dollar gets low enough, it could be dow 1 million. it would be meaningless. recheck the dow levels using the dollar index, and you see it isnt up but down.

I concur..

Warning signs

Price of gas going up. (What triggered the current "recession")
Japan's output (major companies around the World can't get vital parts) (japanese automakers shutting down)
Dollar crashing
The working group can only "work" to manipulate the market for so long. Eventually they will have to come back for another government handout and that won't be as easily accepted as the last.

Just a few but I'd say get your money out and into something you can eat or drink SOON.

The way the world economy is looking right now.. in the US and in alot of the European countries we should see some pretty nasty dictatorships being born pretty soon.. and if that happens in the US, WW3 could happen within the next 25-40 years.

Just a bunch of gamblers

Sure, when the dollar hits 33% of its current value :(