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Dow 15,000?
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Producer
The bearish patterns of the least 12 years could be coming to an end, “Mad Money” host Jim Cramer said Monday.
While many people scoffed at the recent Barron’s article that predicted the Dow Jones Industrial Average [.DJIA
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] is heading to 15,000, Cramer thinks the time where it paid to be more cynical has passed.
“Some guy says the market will give you an 8 percent annual return over the next 24 months,” he said, “and suddenly that’s new a super controversial statement? That’s somehow considered dangerous?”
To show why there may be a reason to be a lot less skeptical about the market now, Cramer went “Off the Charts” with the assistance of highly regarded Wall Street technician Scott Redler.
To see the full report, watch the video.
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