Yesterday the stock market rallied on news that one of the nation's largest banks managed to squeak out a profit. BTW, look for those profit numbers to be revised down in a few weeks.
Anyway, the NASDAQ rallied to finish at 1,358-point-something.
Meanwhile, my stupid despair.com callendar notes that March 10 is the anniversary of the bursting of the dot.com bubble. On that day, the NASDAQ closed at 5,048.
That's a difference of 3,690 points. A loss of 73% of its value over nine years. Kinda tells you where we really are, don't it?
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