Dow 13,000 Means...

So the Dow has crossed 13,000. Let me offer the obligatory dismissal of 13,000 as an artificial milestone as well as the blithe dismissal that the Dow is merely 30 companies out of a much larger universe. Still, it is a good occasion for a self-congratulatory post (what isn't?). What did I say about the stock market not long ago? This. And then there is the housing situation. What did I say about that. This (granted I said it in Nov. of 2005). And while I'm at it, I also said this about rates and the dollar.