The Dow

Now that the Dow is playing peek-a-boo with the 10,000 level, I was interesting in plotting the index against this memorable benchmark.

The Dow first broke the 10,000 level in March 1999. Since that time the daily close has crisscrossed that number 57 times in nearly eleven years.

The Nikkei 225

The Yahoo! Finance daily data for the Nikkei 225 only goes back to January 1984. Since that date the index daily close has crisscrossed the 10,000 level 48 times in 26 years.

Where do these two indexes go from here? If only Excel had a crystal ball indicator!

For an overlay of the these two indexes, see this chart.