I never would have imagined this kind of run-up in the stock market. By the end of 2008 I expected it might take ten years for the market to recover and for us to recoup our losses. I like this chart from the Wall Street Journal that chronicles the DJIA march from 8000 to 15000:
- Up and Away (WallStreeetJournal.com)
- Dow Has Its First Close Above 15,000 Points (business.time.com)
#1 by Mark on 8-May-2013 - 12:37 am
I hate to say this, but that chart makes me think that another bubble is set to burst.