Dow Jones Industrial Average crosses the 11,000 mark

Posted By on October 8, 2010

dow11000_101008Just before the “flash crash” computerized enhanced market tumble in early May, the DOW had crossed 11,000 … which was the last high water mark until today. The psychological hurdle was crossed most likely due to optimistic news that the November elections could help reel in some of the out of control spending and growth in Washington DC. I’d like to think that some of the sidelined cash (business and personal) will be invested in American business, real estate and retail sales … all three are needed for job creation.

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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