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Dow will be at 10,000 in August

With $150 Billion of New Construction in the Stimulus Plan, several hundred billion dollars going into the housing, Defense, technology and healthcare sectors, stocks are going to skyrocket.

There will be great opportunity in the market. This mini boom will likely last 12 – 18 months. As investors see the rally they will get comfortable and go back to stocks out of gold and silver.

This will put pressure and drive gold back down to $700.

Once employment starts to increase and GDP numbers increase, the Fed will raise interest rates while exponentially increasing the money supply. 'Real" inflation and taxes will explode.

The money supply will be at its peak and the dollar will collapse with no return.

We have to be like good squirrels and convert these profits from this next boom into gold and silver and get yourself prepared for a long hard winter.

I really believe we will have 1 more window to prepare ourselves.

3-2-09 DJIA closed at 6763

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I have noticed

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

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

Here is my comment from February ...

http://www.dailypaul.com/....

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/...

The stock market may go to

The stock market may go to 10,000 even 25,000 but at the same time the dollar will tank. So in real time you won't make a nickel.
Speaking of nickels, read this.
http://www.associatedcont...

“It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds”
-Sam Adams

That article on nickels is

That article on nickels is old. Go to http://coinflation.com for more up-to-date prices of our coins.

The new is the Daily Paul.

please go see what happened

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.

Hanging onto my gold even while my IRA goes up

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.

I think it will go up

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 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

Only about another 500 points…

… to go. Nice call from way back in February.

Dow is here: http://bit.ly/kTkaP

This is called "Rope A Dope". This little maneuver will clean the out the last bit of money held in private hands. It is so easy to see the setup. Cme September/October comes the sucker punch. You see, they want it ALL and they'll get it.

One thing that I don't get. Why is it so hard to take out the evil bastards at the top of the NWO pyramid? Are they aliens or something?

Solution to tyranny: “Be the change you want to see in the world.” Mahatma Gandhi

Despirate people do

Despirate people do despirate measures.
Good people ,do Good deeds
and are no respecter of person

would the kind of money the

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

Yes, nothing like fresh , crispy FRNs to stimulate the bubble

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

Aye. Its gonna be

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

and 4000 in Sept?

.

thats my bet

...

By March 2010

... 5500-6500 DJIA

Long Bond 8+ %

Gold ↓

Up nearly 2000 Since this post

6/1/09
8721

I don't mean to be particular but ...

a change of 1375 is a bit different than 2000.

I don't even think you could consider it to be close to 2000.

Just my opinion. Carry on.

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

I'm counting on it

but I wouldn't be so quick to dismiss this as the last end run. Gold will test its lows as investors sell and buy stocks and Treasury's.

That's the way it has been, history repeats itself. Buy low, sell high.

I had an uncle that served

I had an uncle that served ,on that ship..
you-no

Go to my blog and read

Go to my blog and read today's post. Please correct me if you have any questions: www.propertyfreedom.blogs...

Good read.

Thank you for posting it. I've forwarded it to others. In Liberty.

when it does....

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

Eventually all of the

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

If it happens, that would be the time to roll out of your IRA's.

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...

Possible, but unlikely ....

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/...

These posts that speak to future economic certainty are old

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/top...

This says it all

wow

Peter thinks this rally (slow death of the dollar) may last for 24 months.

This is what he said: My

This is what he said:

My guess is that, at most, the Bernanke/Obama stimulus will buy two years before the hangover sets in. (emphasis added)

I think that is his most optimistic thought, not the one he thinks is most likely.

I hope you are right as that

I hope you are right as that may help me sell my house, but I highly, highly doubt it.

What I do know is that the dollar is sliding badly today. Check out the following two charts that map the dollar index:

http://quotes.ino.com/cha...

http://quotes.ino.com/cha...

That last chart shows the progress of the dollar against the 200 day moving average. It has just plunged through which means we headed for much more devaluation of the dollar in the coming weeks.

I think it's a

suckers market.

In my opinion, the powers that be are sucking in buyers only to drop the market like a rock. The only winners will be, as always, the powers that be.

Any believers yet???

8574 5/7/09....

Nope

Look for a 700 to 1000 point decline over the next 4 weeks.

Believer yet

..

I think they will do

everything possible to make Obama look like he has everything under control.
I will be happy to go along with this as I am not anxious for the bottom to drop out.

Did anybody see

the video with the two people at a table in their house talking about how they were told in August or September the banks would be shut down and we would have a coupon like system to buy food and gas and stuff. Wouldnt that theory have a much better possibility of coming true if this post was to happen also

I agree in part. I am in

I agree in part. I am in only one thing - S&P 500 -- because the rally is broad based. Got in a week ago. The S&P has gone up 29% this month. I am riding that wave. However, I think the mini bull rally will be only 6 months. Then, when everyone realizes this is a phony recovery, I will be out of the market with gold. Yeah, gold will continue to go down, copper up, oil up, financials up. Then, major crash.

Are you pulling this out of

Are you pulling this out of your ass?

yep

...is there any better place to anticipate the market these days. Up on bad news, down on good news, up on bad news.....

How about....its really up only when the government supplied money is directed to buy into the market....

I hope your right but I

I hope your right but I wouldn't count on it.

-----
Get Prepared!
Only dead fish go with the flow...

The long term trend is down!

Just about a month ago the Dow hit a multi year low { 6500 } please see chart:

http://finance.yahoo.com/...

With unemployment very high, new layoffs every month, where will the money come from to push up stock prices?

Oh yes, all those investment banks that received bailout money will invest in stocks.
I don't think so as many of them will be trying everything possible to hide their ill gotten gains swindled from the American taxpayers.

DON't forget all the money

DON't forget all the money that was stolen out of the markets it's out there somewhere.. IT was realized gain to someone....CRASH but it did not burn...MANIPULATION money lurks.
you-no

zero sum game, it is not ...

I've commented before...

and I'll comment again, that what we are watching is the classic "head and shoulders" graph that occurs before the great plunge. Put on your seat belts folks, we are in for a really interesting ride. I feel that 10,000 would be the top of this shoulder, any higher and I think TPTB will break the redline. But, then again they are out of control and like everyone with a junker car knows, the best thing to do with a beater car is to beat it up. Let's see how far they can rev. the engine before it blows. Just be ready to jump!

Assert Your Authority

Timing this is impossible,

Timing this is impossible, so consider Harry Brown's approach. 25% Stocks (good in bull mkt), 25% L-T bonds (good in deflation), 25% Cash (good in bear mkt), 25% Gold and Silver (good in inflation). Buy, hold and rebalance.

Nope. Buy and hold is dead.

Nope. Buy and hold is dead. Long term bonds were good in second half of 2008 for sure as was cash. But the idea now is to follow the trends by sector and by asset.

Buy and hold never made

Buy and hold never made sense.

Buy, hold AND rebalance.

Buy and Hold is not dead....

..it just moved into other currencies..Buy and Hold, Yuan, Silver Dollars, or Aussies, just to name a few..and see how handsomely you will be rewarded ..