Everyone is excited about the high close of the Dow. Consider this.

Billmon at Whiskey Bar:

Breaking Even

The Dow Jones Industrial Average hit a record high today: 11,727 -- four points higher than the previous record, set January 14, 2000. So if you invested $1,000 in the 30 companies in the Dow six years and almost nine months ago, you'd have $1000.34 today!

[...]I think you probably get the idea -- taking almost 7 years to get back to where you started isn't exactly something to brag about.)

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