Dow 14000

From The Onion:

The Dow Jones closed at over 14,000 for the first time last week. What are the contributing factors?
Certain knowledge that crashes like those of 1819, 1837, 1869, 1873, 1929, 1987, 1989, 2000, and 2001 will absolutely never happen again
Record number of contributions during annual Dow Jones telethon
Federal Reserve Chairman Ben Bernanke showing a little more hustle
Market theorist Harry S. Dent’s forecast that people in the fourth quarter of 2007 will like having lots of money
Traders trying to impress cute girl who works at Wall Street Blimpie’s
Dow Jones’ takeover of Marianne’s and other mom-and-pop indexes
Someone forgot to ring the closing bell, resulting in 17 additional hours of trading
Less selling, more buying

Posted by on July 29th, 2007 at 9:13 pm

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.