Hedge Fund Manager Says Apple Will Go To $300

Jon Ball, the chief investment officer of the Intrinsic Asset Fund, expect the Dow Jones Industrial Average to reach 30,000 in 18 months. As the bull market passed its ninth birthday in March, it became the longest and greatest in terms of percentage gains for the Dow Jones Industrial Average since World War II, according the Leuthold Group. Since business cycles end and bull markets turn into bears, where do we stand now? Is there more room to grow? "I think the Dow is going to 30,000 in the next 18 months," said Jon Ball, chief investment officer of the Intrinsic Asset Fund, a West Palm Beach, Fla., hedge fund.