DiviMo's Blog : The DOW at 12900 is not too high! It's actually dirt cheap

Some think the DOW at 12900 is TOO HIGH. It reminds me of what they said to me in March 2009. They said that in late March 2009 when the DOW moved up 1000 points to 7500 that it was too high and one needed to wait for a consolidation.

The almighty DOW was at 6400 on Mar 9, 2009 and on Mar 31 the DOW climbed to 7500. Fools were saying it was too late to join the party. We all know what happened then., it keep going up. A month later on April 30, the DOW was over 8000, on June 5, 2009 it moved to 8900 and onward and upwards from there. The media analyst were screaming at the top of their lungs that it was way too high and too late to join the party. They were WRONG! On Aug 31 the DOW was hitting 9500, by end of Sept 2009, it was hitting 9800. On Nov 6, it hit 10,000.

  The doubters and  those sitting on the sidelines lost out BIG TIME! The DOW at 12900 is going to look dirt cheap when it hits 14900