Tuesday, December 16, 2003

That mysterious thing I talked about a couple weeks ago? The one I was so worried about jinxing? Well, it came to pass last Thursday when the Dow Jones Industrial Average closed above 10,000 for the first time in a year and a half.

As I mentioned when I first alluded to this prediction, the Dow going back into quintuple digits is a generally positive thing, although it's not a particularly substantive thing. Still, as someone who spent most of 2002 on the unemployment line, any and all good economic signs are welcome. Now if the actual jobless rate would just start decreasing a bit faster, we could all breathe a little easier.

I'm rather happy to report that this tease of mine prompted not one, but two good friends to call me (one of them long distance), wanting to know what I was being so coy about. I kept my mouth shut, though, and as a result my prediction came true.

Now that I've let the cat out of the bag, I wonder if I've doomed the Dow to plunge back below 10,000. Watch the market along with me tomorrow and see!

Posted @ 5:30 PM

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