Whee !!!
Dow now over 12,000.
I offered a one (1) dollar bet that it would close at that lofty height.
I am prepared now prepared to bet one (1) dollar, even money, that it closes 2006 at over 13,000 !!!
Any takers???
Ben
I offered a one (1) dollar bet that it would close at that lofty height.
I am prepared now prepared to bet one (1) dollar, even money, that it closes 2006 at over 13,000 !!!
Any takers???
Ben
posted by Ben Wattenberg at 8:08 AM
3 Comments:
I hope you're wrong about the Dow hitting 13,000. We don't need another period of wild speculation a la the tech boom/bust of the 1990s. The worst thing for the economy now would be for investors to lose their minds like they did back then. Dow hitting 12,000 is good news. Hitting 13,000 in only a few weeks -- that would be unsettling. Have we not learned from the past?
I hope you're wrong about the Dow hitting 13,000. We don't need another period of wild speculation a la the tech boom/bust of the 1990s. The worst thing for the economy now would be for investors to lose their minds like they did back then. Dow hitting 12,000 is good news. Hitting 13,000 in only a few weeks -- that would be unsettling. Have we not learned from the past?
Ben--
13,000 won't be reached in 2006 if Democrats take back one branch of Congress. Ways and Means chairman Charles Rangel will scare the markets.
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