the S&P 500 hit an intraday low of 666, one of the most symbolically charged numbers in the Western world. 7 is another such number, as is the number 13.
According to Wikipedia, the superstition surrounding the number 13 is so great that
"85% of the buildings with elevators do not have a floor named the 13th floor".
The number 911 also fits into this category. The day before the one year anniversary of the attack on the World Trade Center the S&P 500 closed at exactly 911.00.
So as the Dow Jones Industrial average celebrates its return to the 13K level,
astute students of the market are compelled to ask themselves, does this mark the top
in the same way that 666 marked the bottom?
Time will tell...