I don’t think 8,000 is far for Dow! Yes, that’s a grim forecast but not something unrealistic. I shall be publishing rationale for this via a special report.
You may follow my thoughts at InvesCafe, a micro blogging investment portal something like twitter but focused towards investing and finance.

An almost 400points u-turn in the last few [...]

Tough Markets, the worst June for Dow since the great depression of early 30s. The Dow is down nearly 9.5%, S&P500 nearly 8%, RUT nearly 5.5% and Nasdaq nearly 7.5% for the month of June so far and we still have one more trading day left. Dow Jones industrial average is down nearly 20% since [...]

As of this writing, US stock market futures are heavily lower. Dow futures are down over 150points, S&P down nearly 20points while Gold futures are nearly up +$10. Interesting times ahead. This is what I wrote just yesterday:
I am not convinced with the current rally yet but who am I to argue with Mr Market. [...]