Monday, April 4, 2011

Dow 38,820?!

Could the Dow hit 38,820?

The answer, of course is YES!

The question is when. According to Jeffrey Hirsch, who has written: Super Boom: Why the Dow Jones Will Hit 38,820 and How You Can Profit From It, the year will be 2025. As JLP notes, it's not that ridiculous of a claim. In fact, it's well within the statistical average of any 14 year rolling average of the Dow- 45% of the time, the Dow has delivered that kind of performance since 1929.

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