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Bull Market Brings a Little Holiday Cheer

December 22, 2010

Although one must be cautious not to read too much into the tea leaves that are the Dow Jones Industrial Average, it is nevertheless nice — three days before Christmas — to see the market at a two-year high, based on that venerable index.

Image by http://online.wsj.com. Some rights reserved.

Finishing today’s trading at 11,559, the Dow hasn’t been this high since the summer of 2008.

The graph to the right, from the Wall Street Journal online, shows the peaks and valleys of the Dow Jones over the last five years.

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