Djia closes above 40000

[Fmr. Pres. Duke]

This is just a very ugly year to be an investor. I can only hope my 401k buys every 2 weeks will pay off in the years to come. I suspect it will.

[Fmr. Pres. Duke]

At this point, it seems unlikely that the djia will hit a new high this year.
Not surprisingly, October is starting out badly.

The DOW was negative for the year as of yesterday. The highs for the year are in. The market is going nowhere with rates where they are.

[Fmr. Pres. Duke]

A "yes" is still possible as of today, but probably unlikely. It should be interesting to watch for the rest of this year.

A yes may be more likely now than when I posted this.
Are we entering a bull market?

I don't know. My small cap fund is really not taking off like you'd imagine it would at the beginning of a new bull market.

[Fmr. Pres. Duke]

Wow! We did it! After 2 long years, the S&P500 tops it's all time high (not adjusted for inflation).