Dow Target 6,617, October 25, 2009: Here Is Why [View article]
The only way this happens is if the banks and the brokerage firms de-leverage again en masse. Unless you come up with a scenario why they would do this, I don't see your downside targets happening. It's not going to be due to unrealistic earnings estimates or historical mirrors.
Dow Target 6,617, October 25, 2009: Here Is Why [View article]