Dow Tops 11,000 – Time to Go Back Down

This is a prediction that the DJIA will drop over the next several quarters to about 9000 – 9700 with the half way point 9350 my meat and potatoes estimate.

I have come up with this figure by referencing my gut as well as some simple estimated calculations using recent highs and lows of the market.

I also feel that the general investor confidence that I interpret from watching the media that covers the market on a daily basis supports my speculative predictions.

Time will tell how my financial prediction prevails or fails.