DOW 11,000 tomorrow?

[EE_]

Do you think it will push through?
With a strong global recovery, top executives earning more then ever, Wall Street has been making the biggest profits in history, major banks flush with cash...how can the DOW not blow through 11,000?
I even saw the Dubai ruler say Dubai is back!
Am I missing anything?

[FunnyMoney]

Yes, I do believe we push through 11,000 this upswing. I do not think tomorrow is the day, but it is possible, and my guess would be prior to the end of the week.

After that we may see a topping process and a return to the the lows of the trading range prior to year end.

All simply a guess. It is hard to spot the short term trends right now. The market goes down on fundamentals and goes up on money printing. IMO, those are the 2 forces at play and will continue to be the major forces for at least another 6 months.

[Horn]

Am I missing anything?

I think, I missed Bastille Day Numero Dos?

I have no idea, I think I heard a couple of birds chirping outside this weekend, though it could have my neighbor trying to find a place for his trash cans to hide them from the firemans code enforcement arm.

http://www.youtube.com/watch?v=GW72Gmqjse4

[1970 silver art]

Yeah. The DOW will break 11,000. Let the false rally continue. ;D

[Silver Shield]

Nothing goes straight up except in hyperinflations.

[Twisted Titan]

Of course it will go up........ we got of the ressecion late last year so it is about time the economic indicators started to reflect that

[bellevuebully]

Nominal smoke and mirrors. The question is, will a unit of the dow retain it's purchasing power.

Even here among the educated, it's still hard for us to break away from conventional thinking.

I'm totally guilty of it, even though I am a dyed-in-the-wool hard money guy. I look at my metal holdings, and still equate them to $ figures, even though I know the $ is a facade.

[1970 silver art]

Nominal smoke and mirrors. The question is, will a unit of the dow retain it's purchasing power.

Even here among the educated, it's still hard for us to break away from conventional thinking.

I'm totally guilty of it, even though I am a dyed-in-the-wool hard money guy. I look at my metal holdings, and still equate them to $ figures, even though I know the $ is a facade.




Yeah I am also guilty of that too.