What do people think the stock market is going to do for the next few months? Does anyone think that the stock market is a little bit overvalued right now? Does anyone think that the stock market could come down a few percent or so, in the next few months? Or do people think that it will continue to grow like it did in 2006?
I think the market is undervalued!
2006 and the start of 2007 stock values lagged behind Earnings growth. P/Es continue to contract. this will soon end as we enter the final stage of the great babyboom BOOM!
By July I expect the DOW to be over 13,000, NASDAQ over 2600 and S&P500 1550.
I do not expect this BULL run to end until 2010!