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How We Get To Dow 16,000

|Includes: SPDR Dow Jones Industrial Average ETF (DIA)

We get to Dow Industrials 16,000 by completing the test of the expanding triangle at point E in the chart, in a short-covering melt-up along the lines of what happened in the second half of 1999. Yep, it will end badly, though be careful of being the wrong side of this wild ride! Solid green line is the Dow progress since I made this 2013 forecast at the end of last year, while the dotted green line is the expected path to complete the triangle.


Disclosure: I am long QLD.