Dow 38,820 by 2025? Yes, according to Jeff Hirsch

Sounds like a fantasy number, but that represents a 8.49% annual compounding rate from today's Dow 12,409 and is well within the range of annualized expected returns over a 14 year period.




Link to Jeff Hirsch's interview below
http://finance.yahoo.com/blogs/breakout/jeff-hirsch-dow-38-820-bust-20110406-114000-143.html