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Thursday, July 19, 2007

DJIA Record

The Dow closed today at 14,000.41. This index has been playing with 14,000 for about a week now, sometimes going over, but always coming back down. Today was the first time it closed this high.

To quote Larry Kudlow, this is, "The greatest story never told". Our economy has been doing quite well lately, unemployment and inflation are now low. And the stock market is high.

I do expect there will be a few days when it will close lower, but I am an optomist.

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