Which Will Be First - Dow 11,000 or Dow 13,000?
When the Dow first hit 13,000, on its way to pass 14,000 (not the way down) surveys started showing up asking which would show up first Dow 12,000 or 14,000. At the time I was seeing the serious problems with the economy and never dreamed the Dow would hit 14,000, so I picked 12,000.
Then the Dow did hit 14,000 and again there were the surveys, this time 13,000 to 15,000...
Well, the Dow is close enough to 12,000 to ask what investors think, which will we see first, Dow 11,000 or Dow 13,000?
I think 11,000.