Friday, December 09, 2011

Like watching paint dry

Nearly thirteen years ago on December 21, 1998, the S&P 500 index first crossed above 1200. Today it's hovering around 1250. Lately the S&P has been reluctant to pick even a medium-term direction - for the past 15 months it's been stuck between 1100 and 1350.

Trend lines blah blah blah 1175 yadda yadda 1250 whatever.

1 comment:

Cathy said...

Goin' dowwwwwn, today.