Something to Lighten the Permabear’s Heart

Nothing lightens the permabear’s heart like a juicy rally target that dares us to short it.  There’s a major one coming up for the Dow Industrials, and the blue chip average could be there by week’s end if the usual lunatics are out in force at Thursday’s opening bell. Although we can’t short the index itself, I’ve proffered a precisely comparable target for the Diamonds (DIA), along with instructions for buying puts at the appropriate time. If you’re interested, check out this morning’s tout for the DJIA.