Lost Decade

The enthusiastic rally of the last couple of days has pushed the Dow in New York back above the 10000 level. This is positive news, of course, but it is important to remember that this level was first reached in the spring of 1999. In other words, all of the positive results since spring have really only brought the world's dominant market back near break even on the last ten years. Tune in tomorrow at 930 for ideas on rebuilding after the lost decade.