Friday, October 10, 2008

Right now the DJIA is at 8,303.44

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.


Anonymous said...

Thanks for the vote of confidence.

Anonymous said...

i pooped a little...