Dow Going to 17K Before 2013 is Up?
Look at the analog below.
The black line is the Dow, 2012-2013YTD.
We refrain from revealing what the red line is and why it makes sense to compare it to the black one.
However, do they get more compelling than that?
We believe it remains a very solid road-map for understanding equities moving into 2014.
We also believe it portends, with high probability, the Dow is going to 17K before the year is out.