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Posted

For those of you who are wondering about the significance of something being OVER 9000, I invite you to read the Encyclopedia Dramatica article about the OVER 9000 meme.

 

http://www.google.com/finance?client=ob&q=INDEXDJX:DJI

 

Despite the teabagging and worries about high unemployment the DJIA has slowly slogged uphill, reaching 9000 again for the first time since the beginning of the year.

 

I'm not saying the Dow knows all but in general this is good news.

Posted

No no, we have to forget that earlier conversation -- THE DOW KNOWS ALL! (Pangloss quickly deletes the old thread.)

 

Just kidding. But seriously, what I like about this is the impact it has had on my 401k, which has recovered most of its lost value, and my wife's plan is right behind it (we picked pretty conservative plans). I have several friends who had more aggressive plans but even those seem to have recovered at least half of their lost value. I do know one couple who's plan has not recovered at all, though.

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