It’s an historic event that takes us back to 1997. Below is a chart showing the history of the DJIA from 1929 to present, courtesy of msn money central. the first thing I look at every morning when I wake up.
When I started working in 1972, the Dow was at about 950. When I switched to real estate in 1990, the Dow was just under 3,000. It’s interesting to read some of the rationalizations of the 2002 low point.
![dow-1929-to-present2 Dow Jones Industrial Average History](http://raincityguide.com/wp-content/blogs.dir/1/files/2009/03/dow-1929-to-present2.gif)
Dow Jones Industrial Average History
![dow-10-year-history Dow Jones Industrial Average 10 year](http://raincityguide.com/wp-content/blogs.dir/1/files/2009/03/dow-10-year-history.gif)
Dow Jones Industrial Average 10 year
“The ‘game changer’ will be the housing market, and whether (or not) it can stablilize”