Overheard on NPR

Listening to “doing the numbers” on Marketplace recently, I caught this gem (closely paraphrased … it’s hard to take notes and steer at the same time):

“The Dow crossed the very significant 13,000-point barrier in midday trading, but dropped back before the close, ending at 12,987 …”

If it’s a “very significant barrier,” why is it that traders just feel free to wander back and forth across it? Hmmmmm?

Cue Inigo Montoya

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