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More bullish news: Dow 16,000 in 2009

Richard Band is not someone who makes outlandish predictions just to get headlines.
So I sat up and took notice earlier this week when he wrote to subscribers of his Profitable Investing newsletter that the stock market was ready to "rocket higher" in an "uptrend that could carry the blue chip indexes to all-time highs by late 2008 or early 2009. Dow 16,000 here we come!"

Band adds that when the right shoulder of a head-and-shoulders bottom is forming, "the biggest temptation for investors is to throw up their hands and say, 'This market will never go up. It's doomed.' Don't make that mistake. A very powerful and durable rally is in the works. But it may need another couple of days to lift off. Hold the fort and keep the faith!"

http://www.marketwatch.com/news/story/dow-heading-16000-richard-band/story.aspx?guid=%7BEADD139D%2D1954%2D4FD6%2D979A%2DF6100F2E910F%7D