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At the end of August 5th, 2005, the market closed at:
Dow Jones – 10, 588.03
Nasdaq – 2, 177.91
S&P – 1, 226.42
TSX – 10, 550.51

The last time Dow Jones and TSX close at 10, 000+ were back in the “Internet Bubble” era.
So, now that Dow and TSX are at the 10, 000 level, is it the signal to jump into stocks again?
Are we in the beginning of another ‘wave’?

Baidu.com
Baidu.com, the so-called, China’s version of “google”, ipo on friday and closed the day at $122.54, gaining 353.85% or $95.54. We’ll track its performance for the upcoming week to see if it is the real McCoy.

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