$500. $600. $2,000. Do I Hear $10,000? $0?: "Yesterday's INSANE price objective might seem quite reasonable tomorrow. An analyst who slapped a $500 target on Google 18 months ago at the IPO would have been branded a crackpot. Same for an analyst who in 1982 said that the Dow would rise from 1,000 to 10,000 (or, in 2000, drop from 11,000 to 7,700). So let's not rush to dismiss as lunatics those who are calling for Dow 2,000 (down 80%), Dow 20,000 (up 80ish%), or Google $600." —Henry Blodgett
If anyone even mentions Dow 2,000 in my presence, they're going to get hit. Dow 20,000 on the other hand will get you a round of drinks.