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Some numbers to put things into perspective

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03-25-2008, 02:06 PM

Some numbers to put things into perspective

Dow Industrials Closing Price
December 31, 1964: 874.1
December 31, 1981: 875.0

Dow Industrials Closing Price
December 31, 1981: 875
December 31, 2000: 10,788

Nasdaq Closing Price
December 31, 1998: 2,193
March 17, 2008: 2,177

S&P Closing Price
December 31, 1998: 1,229
December 31, 2008: 1,277

I'm willing to wager that it will be another 10 years before we can begin a bull market in general equities.

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