I see no speculation whatsoever... People are starting to feel a little bit better. They're willing to take a little bit more risk. I think perhaps we're on the cusp of going from Phase 1 of disbelief to Phase 2, where we're starting to see belief and trust. And I love it when people keep talking this market down. And we haven't even talked about the public being all in cash and money markets and Treasuries. Maria, this has got a long way to go.
~ Ralph Acampora, Altair Investment Solutions, as appeared on CNBC (quote starts at 2:54 on the video), May 3, 2013
(The DJIA just set a record, breaking 15,000 on May 3rd intraday. Acampora predicted the Dow would reach 20,000 by 2017. Keep in mind, he also predicted Dow 21,000 by 2011 on July 18, 2007 - right at the top of the credit - a blemish on his forecasting record interviewer Maria Bartiromo forgot to mention.)
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