[Mb-civic] A washingtonpost.com article from: michael@intrafi.com
michael at intrafi.com
michael at intrafi.com
Sun Jan 16 13:25:05 PST 2005
You have been sent this message from michael at intrafi.com as a courtesy of washingtonpost.com
Stocks' Payoff Myth
By Allan Sloan
Friday was a historic day -- and I'll bet you didn't even notice. No, I'm not talking about it having been the 91st anniversary of Henry Ford's introduction of the assembly line for the Model T. Or the 221st anniversary of Congress's ratification of the Treaty of Paris, which ended the Revolutionary War. I'm talking about something more recent and mundane: the fifth anniversary of the Dow Jones industrial average's all-time high, set on Jan. 14, 2000.
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