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This morning's Wall Street Journal [subscription required] is trumpeting the Dow's new record. And my Blogging Stocks colleagues, including Sarah Gilbert, have offered instructive comments. What should investors do about the Dow's new high? My short answer is to profit from the October surprise!!!
As you may be aware, there is a little election coming up in a month. The Wall Street Journal seems to have noticed this. It gave the Dow's new high the most prominent placement -- a chance to change the subject from the Foley coverage, which also landed on its front page. With the public's realization that the House leadership was coddling this pedophile who co-chaired the House Caucus on Missing and Exploited Children, it should not come as a shock that Republican poll figures are tumbling.
Thus, the party in power needs to change the subject fast -- by invading Iran. And you can profit from this October surprise. Why do I think an Iran invasion is the October surprise and how can you profit from it?
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