60 Seconds with...Curtis Teberg

Published Wednesday, November 01, 2006

Registered Rep.: You predict that the Dow will hit 16,000 by the end of 2007. That's a 33 percent increase. Why? Curtis Teberg: Since 1986, the Dow has produced positive fourth-quarter returns in 19 out of 20 years. In six midterm election cycles since 1982, the low point of the Dow to the high point the next year registered an average gain of more than 53 percent. I checked the same 15-month period back to 1926, and I only found one period — in 1930 and 1931 — with a negative 15-month performance. RR: Why do markets rally ...

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