happy birthday, bull

Doug Henwood dhenwood at panix.com
Mon Aug 13 07:11:09 PDT 2001


Wall Street's great bull market, which may well have died sometime last year, celebrates its 19th birthday today. The Dow, which closed on August 12, 1982, at 776.9, rose 1.4% on Friday the 13th to close at 788.1. The recession ended a couple of months later, and the Roaring Eighties were soon underway.

Doug



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