Yearly Returns

[grumpy]

With the Dow poised for a 16% gain for 2006, the NASDAQ up 10% and S&P 500 up 14% where are all the pundits who were forecasting only modest gains going forward, like 8%? It goes to show that nobody can predict what the market will do, particularly in the short term. The folks who got scared and went to all cash during the year missed out on some nice gains. I know that I can't time the markets successfully and I doubt anyone else can either.

Grumpy