|From WebSurfinMurf's Financial Blog|
Monday, August 10, 2009
Market target in 5 months
For the heck of it, I figured, lets project if the market continues on the streak of 52% every five months, where will the stock market be? Below is one possibility, assuming once the market breaks the "bear" trend line I stated, that it's off to the races. For those with life savings int he market, take a good look at this projection? Which is more likely as 10 million people are on unemployment ? The graph below, or a market that moves lower?