Mike Macgirvin
Diary and Other Rantings
   
Saturday, Aug 30 2008, 09:18 am
Nov 21, 2001
Does anybody remember the big day 2-3 years ago when the Dow

Does anybody remember the big day 2-3 years ago when the Dow first breached 10,000 (and then just kept going)? Seems like ancient history now that it's poised to try again. But investors are a bit more wary now. I think we could hang out at this level for several months, bouncing above 10k just often enough to tease people. But the underlying story is that the market has pretty much priced in a first half recovery. We can only hope...

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