Charles Neener Predicts DOW 5,000

Charles Neener, former Goldman Sachs technical analyst, is on CNBC talking about his market advice. 

CNBC printed a summary of his past calls

• 2009:  Dow 5,000 in 2 to 3 years
• Dec. 2008: Called for deflation in 2009
• Early 2007:  Called for DOW 14,500
• Aug. 2006:  Warned of "substantial drop" in housing market

Summary of Current advice:

• DOW 5,000 in 2 to 3 years
• Deflationary crisis ahead
• Investors should stay out of the market
• Invest in 10-year Treasuries - Quotes
• Dollar won't rally

Charts of

• US Treasury Rates at a Glance
• US Treasury Rate Quotes
• Markets at at Glance

DOW JONES INDU ^DJI - More charts	S&P 500 - More charts

Today's Current Market Stats: 

• DOW  10,042
• Nasdaq 2,124.97 
• S&P 500 1,052.01  
• 10YR UST: TNX = 2.49%
• 30-Yr UST: TYX = 3.56%

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