There has been an abundance of talk regarding specific market "milestones" throughout recent weeks. We have listened to analysts discuss the Dow reaching the 13,000 level again......and again, as well as the Nasdaq, which happens to be closing in on the 3000 level, (a mark not seen since the tech bubble from over a decade ago). We have also heard some well deserved chatter about Apple, (ticker AAPL). With it's recent run-up in share price, it's current market cap is roughly $500 billion. Investors are discussing the possibility of it one day becoming the first trillion dollar company in existence. Although these "milestones" are fun to talk about amongst fellow investors and market gurus, we really don't believe that they represent anything more than psychological hurdles.....or numbers to be completely blunt. With all that being said, we thought that posting this article from SmartMoney.com would be a fun way to point out some of the various market milestones from the mid 1990's till now.
