Anyone remember Jim Glassman and a co-author putting out a book “Dow 36000” in 1999? When the market tanked a couple years later, poor Jim was cited as among the worst of the worst when it came to “irrational exuberance” and dot-com-boom cheerleading and he went around the financial shows for a couple years pretty much apologizing for being overly optimistic. In the long run, of course, he turned out to be right.
If the market gets volatile enough everybody gets to be right—for a while.
;-)
Timing is everything. When did Glassman say the Dow would hit 36000?
Timing is everything. When did Glassman say the Dow would hit 36000?