Quote from S2007S:
The dow could make a new high above 12500, that is possible especially going into January but beyond that point I think a pullback is certain going into the 1st qu of 2007. Any sign of a recession or a housing market that doesnt show signs of improving could signal a selloff. Next year $1 Trillion+ of ARMS will reset causing foreclosures. Selloff in the markets could easily be a 5% to as much as 10% selloff.
Thought I'd share my market expectation (warning: not a prophecy!!! Just MY little expectation
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