30,000 Friday – Dow Holding the Line so Far

Dow 30,000 – amazing!   Well, maybe not that amazing as we were at 28,872 in January so, on the whole, we're up 1,200 points (4%) for the year but, considering what has happened to us since January – that's pretty remarkable.  Of course we did drop to 19,000 (down 36.66%) in March but back up over 50% since then has more than made up for it – pretty exactly made up for it, in fact – as if someone were trying to paint a picture .   Pictures are subjective, of course – and so is belief.  As Linus has taught us, if one person believes in the Great Pumpkin, no matter how convincing his story is, people tend to think he is crazy.  But, if millions of people believe in Santa Clause – we have a national holiday! At the moment, millions of people believe in the stock market and let's all hope that illusion isn't shattered.     IN PROGRESS