Wednesday, September 13, 2006

Whee! All Aboard

The Dow went to 11,543 today.

The record was 11,723 (not adjusted for prices.)

My colleagues at AEI Jim Glassman and Kevin Hassett wrote a book saying that the DJIA would go to 37,000 (around there.)

They were ridiculed.

They were smart enough not to pin a specific date on their prediction.

It may get there sooner rather than later.

I am not a licensed financial guidance councilor

You need not take my word.

But that's how I'm betting

Ben

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