MBoomer, I can't find the post but it may have been put on another web site. When the Dow hit 9000 they celebrated and had a party at the closing after ringing the bell. The Dow hit a little over 14000 and then headed down. I remember when it hit 9000 on the way down and I posted that it looked to me like the bottom would not be realized until the Dow hit 5985. I'm not sure how I came up with that figure but when I recognized that the major banks were going to fail it had a lot to do with it.
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