The Hydrogen Bomb

Doug Henwood dhenwood at panix.com
Thu Mar 11 16:25:31 PST 1999


Jordan Hayes wrote:


>Hey, how about the DJIA going to 9992 today intraday?
>
>(all at once: welcome back, Jordan!)

Welcome back, Jordan.

CNBC had a logo all done up for the imminence of Dow 10,000, and you know the actual event will be the occasion for hours of inspired programming. I don't have a good Dow history, but I do of the S&P. So let's see where the Dow would be if the market kept appreciating at the rate it has since 1994. We'd hit 1,000,000 in 2014! There are glories ahead!

1994-99 avg 23.5% 1999 10,000 2000 12,347 2001 15,245 2002 18,823 2003 23,240 2004 28,694 2005 35,429 2006 43,744 2007 54,010 2008 66,686 2009 82,337 2010 101,660 2011 125,520 2012 154,978 2013 191,351 2014 236,259 2014 291,708 2014 360,170 2014 444,700 2014 549,068 2014 677,931 2014 837,037 2014 1,033,485 2014 1,276,037 2014 1,575,515 2014 1,945,279



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