Dow 5000, Pessimistic only about goverment policy

BNN, January 22, 2015: click to watch


Libelled by Barry Ritholtz (@ritholtz)?

Market Forecasts to Ignore in 2015 by Barry Ritholtz

January 5, 2015 

There have been so many erroneous calls for a stock-market crash that it's hard to choose which deserves special mention. But I am going to give you two that merit attention: The first comes from Chapman University professor Terry Burnham, who predicted Dow 5,000 before Dow 20,000.

Barry Ritholtz

During the years he [Terry Burnham] has repeated this forecast, the market has gained about 40 percent. Read Barry Ritholtz's full article:

My Response: 

Mr. Ritholtz's math is either wrong or deceptive.