Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.
I'm the only one who was predicting the Nintendo Wii would beat Sony's PlayStation 3.
The housing market will get worse before it gets better.
The wellness and prevention market will outgrow the health care market.
Betting that markets will be 'volatile' is like betting the weather will be partly cloudy. It's a smart-sounding strategy that doesn't mean much.
Before this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century.
I care much more about the growth rate of the market than it's current size and I also care if there's any reason it's going to top out.
I don't think the economy telegraphs very clearly where it's going.
