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10.16.2009 9:00 pm

The high price of a 10,000-point Dow

Celebratory caps were the rage on the Street.

Celebratory caps were the rage on the Street.

As an economic indicator, the Dow Jones industrial average always is problematic, but never more so than last Wednesday, when it closed above what analysts call the “psychologically important” 10,000-point mark for the first…

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