| Douglas Cliggott |
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| 1958 births | |
| living people | |
| economists | |
| the new school alumni | |
| university of massachusetts amherst alumni | |
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BUSINESS He made a name for himself in early 2000 , when he correctly predicted that the year would be the roughest one for stocks since 1994 . He then correctly predicted the downturn in 2001 and 2002 , but made a gross miscalculation when he estimated the S&P 500 to end at 750 at the end of 2003 , the index turned out to reverse itself and end up close to 1,100. ESTIMATES 2000 NASDAQ Composite estimate 2500 NASDAQ Composite close 2471 2001 SPX estimate 1300.00 SPX close 1320 2002 DJIA estimate 8500 DJIA close 8342 2003 SPX estimate 750.00 SPX close 1110 EXTERNAL LINKS
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