Comments on: Insights from Jeremy Siegel: 3 Reasons Why The Dow Will Hit 10,000 in 2009

By: Patricio Castro

Patricio Castro — Tue, 19 May 2009 13:54:43 +0000

Once again, all commentaries, so far, are bearish (including mine). A contrarian will take this as bullish signal…

By: Fastman

Fastman — Tue, 19 May 2009 09:15:40 +0000

Not only will the DOW hit 10… it will top it!
Possible is 11 by Q3 2010.
Then, if not sooner, the DOW’s recent (and upcoming) BEAR rally will fall flat on its face….down to say, 400.

If you can get in & out quickly (24 -48 hours, often less) then by all means do so,
Long term is all in physical: gold, silver, with silver being the best bet, and next are shares in silver & gold mining stocks.

Goina to be fun, sitting on the sidelines, once the DOw reaches 10.125, and watch another batch of sheep get sheared.

“Meet the new boss….same as the old boss….we done been folled again”- FM, 2009

By: Pete Lobo

Pete Lobo — Tue, 19 May 2009 01:47:05 +0000

Dr. Skousen: If you met Jeremy Seigel in Feb and he told you to buy why are you telling us readers now in mid-May and 35% higher !

By: Patricio Castro

Patricio Castro — Tue, 19 May 2009 01:40:32 +0000

The wall of worry is reflected in the previous 4 comments. Now is fashionable to doubt that more market gains are possible. I must admit, I am in this camp as well and have bought the inverse russell 2000 ETF TWM as an insurance against a market drop. Nevertheless, I maintain my wifes’s and my ROTH IRA accounts fully invested. I’ve got cash and I wonder how and when to buy into the market.

By: Rick

Rick — Mon, 18 May 2009 20:24:11 +0000

I also think the markets are on their way back up… how high is anyones guess. I would like to ask whoever puts the newsletter together to watch what order the are in… right after this one claiming the Dow will hit 10000, this appeared right below it
“Dow 10,000 is a Joke – Stick with Gold and Silver”

Have to be right on one of the points, I guess.

By: Tom

Tom — Mon, 18 May 2009 19:44:18 +0000

Valuation? Profits? Inflation? Talking your book? Give me a break, Mark.

By: Jim Gentile

Jim Gentile — Mon, 18 May 2009 19:33:01 +0000

The first year of recovery starts from March 9th at 6600 on the Dow, that was the low, or 666 on the S&P 500. If you calculate 24% from that point then we should be at 8184 on the Dow by march 9th 2010. That’s 825 on the S&P 500. Unfortunatly that is down from today prices.

By: David Taylor

David Taylor — Mon, 18 May 2009 19:28:03 +0000

Dow 10,000? How, really, when production is dropping, unemployment is rising, retail sales are dropping? Where does the enthusiasm come from? Are there any REAL earnings by these companies or just more paper hype that got us into the mess in the first place?