Super Boom: Why the Dow Jones Will Hit 38,820 and How You Can Profit From It

Acknowledgments xiii

PART I Anatomy of a Super Boom

CHAPTER 1 The Boom Equation 3

The math behind the move

CHAPTER 2 A Strangled Economy 15

From slump to powerhouse

PART II The Fortune Tellers

CHAPTER 3 The History of Ignorance and the Ignorance of History 37

Dow 36,000 and the dangers of erroneous assumptions

CHAPTER 4 An Argument against Financial Calamity 49

The best case for and against all hell breaking loose

CHAPTER 5 Yale Hirsch and the 500 Percent Move 57

Discovering the boom pattern

PART III Booms and Busts of the Twentieth Century

CHAPTER 6 Panics, World War I, and the Roaring Twenties 81

From the Rich Man's Panic to the first recorded super boom

CHAPTER 7 Depression, World War II, and the Baby Boom 87

The greatest generation births a boom

CHAPTER 8 Vietnam, Stagflation, and the Information Revolution 95

The greatest boom ever: bigger, faster, longer, higher

PART IV The Prodigal Pattern Returns

CHAPTER 9 Inflation 111

The history and impact of the Consumer Price Index

CHAPTER 10 Investment Ideas and Strategies 129

How to profit now and during a super boom

APPENDIX A Yale Hirsch's 1977 Stock Picks 149

APPENDIX B 1977 Smart Money Newsletter Reprinted 161

Key Terms 171

About the Author 175

Index 177