Dow will be at 10,000 in August

the "shovel ready" projects bidding now. There is quite a bit of work right now for contractors bidding on projects infused with stimulus money.

There are some really creepy projects out there. Are there any takers for Davis-Bacon wages working on a $9 million project for a dog kennel? Mine sniffing dogs that is? In Missouri?

12- 18 months , I don't think so ...These are all long term investments & job creations.
The DOW didn't make it. It's not going anywhere until the policies get sorted out.
Good people do Good deeds
and are no respecter of person

http://www.dailypaul.com/node/83534#comment-907983.

Where is the employment turn around?

GDP has turned a bit, but this is a textbook dead cat.

I do not see the FED increasing rates within your timeline. 12 - 18 months from the OP puts the FED raising rates no later than middle of 2010. I do not see that happening if joblessness remains high and consumer spending is no existent.

WAHOR!!
http://www.dailypaul.com/node/48994

please go see what happened in 1933.. having a bear market rally is nothing.. we were having boom times in the early 2000's and Gold and silver were moving up even with the so called good economy.. don't be fooled.

If the stock market is booming it is not because the fundamental problems have been fixed, it's because the Fed has dumped so much new money into the system that it had to go somewhere. All that money will eventually cause inflation in the goods you have to buy, not just in stocks. And then gold and silver will go up too. So I agree with the poster.

If gold ever does get back to $700 I will do what I stupidly didn't do last time -- buy gobs of calls at $85 (= $850/ounce) on the GLD ETF and get RICH, RICH, RICH.

but I also think it has nothing to do with the economy. I think the PPT is busy punching numbers.

I wouldn't rush in just yet ..I'm expecting more layoffs in other sectors.
Good people ,do Good deeds
and are no respecter of person

would the kind of money the c.a.f.r. has be enough to do the job for the plunge protection team?

! How about a 20K market, crank up the printing presses.

Aye. Its gonna be interesting to see how long the reinflated market lasts, and what happens with inflation.

20,000 won't be far behind...HYPERINFLATION!!!!!

Eventually all of the trillions in bailout money has to go somewhere. It will help to create and chase the next bubble. At least in nominal terms, doubling the money supply, I would suspect would also double nominal asset prices across all asset classes. So, why wouldn't the Dow hit 10000?

But, I do expect as Rhino does that there will be a major correction this fall. I'd say most likely September or October. As for the mini-correction to the bear market rally, my guess it that will come around mid-June and timed with earnings reports from GE and others

and 401K's and do a 'self directed' IRA instead. Invest in gold, firearms, ammo -whatever. Get out of their system as best you can.

I may not know the truth, but I know when I'm being lied to...

Look for a major correction in October. And it will probably be on a Monday.

I had and still do expect a mini correction between now and then, so this is highly unlikely.

Possible, but unlikely.

WAHOR!!
http://www.dailypaul.com/node/48994

The Great Swami? Nobody knows for sure, so inserting the occasional, "I believe..." would make sense.

I'm on the front lines with this stimulus package. Remember the Senate pulled major construction earmarks out of it before it passed. The largest recipient of construction $$ left in this bill is the GSA. That agency has to DOUBLE IT'S SIZE just to manage the $$ it is spending on itself (so, a large portion of the $$ is to grow government). It is now a rescue package. It is SAVING jobs in k-12, and most public agencies, and filling huge holes in existing budgets. It is now a stop-gap measure, and not much more. Here's today's headlines in CA's capitol: http://www.sacbee.com/topstories/story/1844200.html