The First 10,000 Points -- Heard on the Street: Bulls Say a Heated Market Could Get Even Warmer
Where do we go from way up here?</br></br>Some investors get vertigo peering down from the lofty height of Dow 10000.</br></br>But to the standard-bearer of the bull market, Goldman Sachs chief U.S. strategist Abby Joseph Cohen, the horizon looks clear for further gains.</br></br>"This is an economy that is doing quite well and we think will support an increase in stock prices," says Ms. Cohen, who marked Dow 10000 sipping tea in her office. "But we don't think that the increase in stock prices will be at the same high rate. We are still quite bullish, but we aren't quite as exuberantly bullish."</br></br>She says stocks have the green light unless government, corporations and individuals stop making the "sensible decisions" that have transformed the economy.