Dow 10,000 may be ceiling for years, patterns show

Newswire

By Nick Olivari NEW YORK, Dec 29 (Reuters) - Although the Dow has closed above 10,000 11 times so far this month, it's likely to be years before the oldest and most widely watched U.S. market measure stays over the mark without falling back. In fact, the average could rise and fall from the 10,000 level a number of times before it enters a sustained upward rally, based on trading patterns seen when the 108-year-old Dow Jones industrial average first crossed the 100 mark and later ...

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