NASDAQ Reaches Sept 2008 Levels

I’ve got a couple target thresholds for the markets. I see these thresholds as milestones of forward looking confidence and stability in the economy – signs the markets have recovered and are getting back to work.

For the DJIA – my threshold is 12k.

For the NASDAQ – it’s 2400. Which was passed today.


Simultaneously, the dollar is hovering around .74 Euros.