(Chart courtesy of FreeStockCharts.com)
Take Off Your Dow 10,000 Party Hats For Now, Need A New Keg
2/08/2010 02:50:00 PM | via @Dvolatility |
The Dow 30 is at 9,964 as I type. The same number we hit in March, 1999. Today a value manager on Tech Ticker (Vitaliy Katsenelson of Investment Management Associates) said we will trade around 10,000 for the next 10 years! I have great vids on this post: Partying Like It's 1999 Again, Dow Hits 10,000 (3/29/1999 CNBC Video) (10/2009). Tech Ticker video below.