OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Dent was just on Fox News talkin 6000 DOW next yr

Posted by Richard640 @ 12:11 on November 6, 2014  

Author Dent: Dow Will Climb to 17,000, Then Crash to 6,000

Wednesday, 05 Mar 2014 07:30 AM

By Dan Weil

Get Short Link | Comment | Contact Us | Print | A A

The Dow Jones Industrial Average will probably reach 17,000 within the next few weeks and then enter a horrific downturn that will take it to 6,000 by 2016, says financial author Harry Dent.

A move to 17,000 would represent a 3.6 percent increase from Tuesday’s close of 16,396, and then a move to 6,000 would represent a 63 percent plunge.

Special: IRS Insider Confesses . . .
“I think we see another correction, crash, that is larger than the last one,” Dent tells CNBC. “Every bubble — and these are bubbles — has taken us to new highs, and every crash has taken us to new lows. . . . I think this will be the most dangerous period in people’s lives in investing.”


No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.