Dow Jones, SPX Could Reach Goofy Levels
Tim Knight | Aug 07, 2016 01:01AM ET
This is the kind of goofy projection that I usually can’t stomach reading somewhere else, but since I’ve become so utterly despondent and disillusioned , I might as well: if the range established by the basing pattern truly does express itself in a new phase of the bull market, the Dow Jones Composite would extend to about 7400:
And the S&P 500 would be about 2448 (yes, levels even Tom Lee may wonder about):
Am I going to act on this? No. But I just wanted to throw the thought out there.
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