DUB sums it up so well imo:
".... It took the Dow Jones Industrial Average nearly 100 years to put on its first 5,000 points --- and just three to put on the second. ....".
And it appears to have taken just under 1 year to put on another 3,000.
So, 100 years - 5,000 points, then another 3 years for another 5,000, then less than 12 months for a further 3,000 points. I won't presume to know what you think, but to me that's getting close to parabolic, and that is dangerous."
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DUB sums it up so well imo:".... It took the Dow Jones...
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$58.08 |
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No. | Vol. | Price($) |
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10 | 203 | 58.020 |
4 | 210 | 58.010 |
3 | 221 | 58.000 |
6 | 289 | 57.990 |
Price($) | Vol. | No. |
---|---|---|
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58.070 | 60 | 3 |
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58.090 | 215 | 5 |
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