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Bulls, Bears & a Croupier: The insider's guide to profiting from the Australian stockmarket by Matthew Kidman

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Chapter 26: Get ready to touch the sky

Can you imagine the All Ordinaries index rising 400 per cent and hitting 15 000 points in the foreseeable future? Is it possible for the Dow Jones, the barometer of economic well-being in the crumbling American empire, to power towards 100 000 points? What about the broad-based S&P 500 index trading at 10 000 points? As I sit here in mid 2011 enduring a painful bear market, it feels like these predictions have as much chance of coming true as peace in the Middle East or Tony Abbott becoming a Republican. However, when it comes to the sharemarket you should always expect the unexpected, especially when we consider the instinctive abilities of human beings to re-create and improve themselves.

When the current ...

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