As of this post the Dow Jones Industrial Average is 8,303.44. This is roughly half of its all-time high.
At this point it's important to remember my Finance professor from college who once told me "We will likely see the Dow hit 20,000 in our lifetime [this was right around the time it hit 10,000 for the first time], but we might see 6 along the way."
This is a trend, just like that 90's dotcom boom. The thing about trends is that they are pretty consistent right up until they end.
2 comments:
Thanks for the vote of confidence.
i pooped a little...
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