The Dow is at 1966 levels?!

We're used to thinking that the Dow is at 1997 levels. I think that's a pretty reasonable bargain -- we really do have a lot of advantages over 1997.

Summers claims that's a gross understatement ...

Larry Summers: There's never been a better time to buy! - How the World Works - Salon.com

... One striking statistic suggests the magnitude of the opportunity that is before us in restoring our economy to its potential. Earlier this week, the Dow Jones Industrial Average, adjusting for inflation according to the standard Consumer Price Index, was at the same level as it was in 1966...

Huh? That's the first time I've seen us compared to 1966.

I did write a few weeks ago that I wouldn't be shocked if the Dow were at 9000 by November ...