2011-05-03

The Dow’s Going to 20,000 the S&P to 2000

The same person who is forecasting Apple's stock to reach $1,000 and the company's market cap to reach $2-3 trillion is making other nice and interesting forecasts:
Heading into Friday major averages were up 9 of 11 sessions and hovering near the highest levels since Spring 2008. So you might think Altucher would be ready to declare "victory" and turn cautious. Instead, he is upping the ante on his bullish call, predicting the Dow will hit 20,000 and the S&P will eclipse 2000 before the current rally runs its course.

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