The Cabot Market Letter says that "from the market's low point in the year of the midterm elections (like 2010) to its high the following year (2011), the major averages have averaged a gain of nearly 50%."
The letter concludes that "with a Dow low of 9,687, a rally into 2011 could carry the index well above 13,000 and even to 14,000. It might sound crazy, but history suggests it's not just possible but likely!"
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