the charm?

if you don't see the above image, try pasting this url into your browser: http://www.indospectrum.com/10dimages/nyc2/cd031_03May04_nyc_wall_st_bull_0177.jpg

well, for the 3rd time in history, the dow is closing above 11k.

the first time was 6 years ago, the 2nd time 4½. both times a lot of people expected—and even predicted—that it would stay up there.

they were wrong.

sooner or later—assuming civilization survives—they'll be right.

i'm fairly confident of that because of my experience. back in the '90s i predicted the dow would hit 10k. i didn't say when. eventually i turned out to be right, of course.

it's a basic law of nature: given enough events, whatever can happen will happen.