Thursday, October 15, 2009

Dow 10,000: Let's Party Like It's 1999

Crank up the Hanson, buy some more shares in Pets.com, and pop the champagne, because it's 1999 all over again. Similar to March 1999, the Dow has gone above the 10,000 mark (again), and you can watch this retro CNBC video if you don't believe me. But, Peter Schiff drops a big turd in the party punchbowl by saying that the Dow is up because the dollar is in the crapper, and there's no real recovery in sight.

Eh, well.

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