Dow 10,000: Proceed with caution

Source: Michelle Singletary, Washington Post (Free Registration)

Someone asked me if I was excited when the Dow once again hit the 10,000-point mark. Nope.

It was October 2008 when we last saw that number. Then this Wednesday, the Dow Jones industrial average again closed above 10,000 - 10,015.86 to be exact. Should we be cheering, or should we remain cautious about this recovery?

 

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