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Originally Posted by sellersm And this today from Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland: DOW hit 16,000 and the S&P500 hit 1800, NASDAQ isn't too far behind the round number of 4000, this is great all the paper people.
Originally Posted by roberth DOW hit 16,000 and the S&P500 hit 1800, NASDAQ isn't too far behind the round number of 4000, this is great all the paper people. Last time I've seen NASDAQ at 4000 was good old yr 2000. It would be pretty huge.
Originally Posted by MrPrena Last time I've seen NASDAQ at 4000 was good old yr 2000. It would be pretty huge. It would be their trifecta, the paper markets are on the never ending spiral upwards, just like the housing market prior to 2008.
Originally Posted by roberth It would be their trifecta, the paper markets are on the never ending spiral upwards, just like the housing market prior to 2008. If you look at the macro perspective. Yes, it would be artificial.
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