History of how the Dow traded when it crossed 1,000 then 10,000. 20,000 next. by selfishinvesting

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· @selfishinvesting · (edited)
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History of how the Dow traded when it crossed 1,000 then 10,000. 20,000 next.
http://si.wsj.net/public/resources/images/BN-PI365_dow20k_J_20160810095527.jpg
Jesse Livermore spoke about the century mark in stocks. When a stock crosses 100, if it can do so with sufficient buying pressure, it is liable to continue significantly higher. The same applies to major market averages. The Dow Industrials has been teasing everyone over the last month as it continues to stall just before its 20,000 mark. It has done so a number of times today, coming just 0.37 points shy of the 20,000 mark. Indeed, some market participants may be attempting to manipulate the markets.

Today we share two other milestones in the Dow Industrials. 

## Back in March 1999, the Dow crossed 10,000 as shown in the chart in the following link. 

[Dow 10,000](https://www.virtueofselfishinvesting.com/reports/view/history-of-how-the-dow-traded-when-it-crossed-1-000-then-10-000-20-000-next)

It then promptly had a high volume reversal that same day, finishing down -4.6% over the next four trading days. It took a third attempt through 10,000 for the Dow to successfully cross 10,000. 

## Then back in 1966, the Dow approached 1,000.

[Dow 1,000](https://www.virtueofselfishinvesting.com/reports/view/history-of-how-the-dow-traded-when-it-crossed-1-000-then-10-000-20-000-next)

It was never able to definitely cross well beyond 1,000. It was not until 1982 that the Dow finally crossed 1,000 successfully which of course kicked off the brand new bull market. 

## Then what happened in on January 19, 1906? The Dow crossed 100 for the first time !

[Dow 100](https://www.virtueofselfishinvesting.com/reports/view/history-of-how-the-dow-traded-when-it-crossed-1-000-then-10-000-20-000-next)

It will be interesting to see how the markets trade after the Dow crosses 20,000. After a month of back-and-forth just shy of 20,000, "when" is still up for grabs.

At Virtue of Selfish Investing, we email members in real-time as to any long or short set ups in stocks as they occur. A number of profitable opportunities always arise. **See our [archives](https://www.virtueofselfishinvesting.com/reports) for examples.**
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vote details (12)
@djsonic ·
It's very beautiful post!
Great job dear @selfishinvesting ..I follow you now :D
👍  
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@cheetah ·
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