The Dow Jones Milestones

The complete milestone history of the average appears in the table below:

DJIA Milestones

Milestone	Date	Time
1,000	November 14, 1972	76 Years
2,000	January 8, 1987	14 Years
3,000	April 17, 1991	4 Years
4,000	February 23, 1985	4 Years
5,000	November 21, 1995	9 Months
6,000	October 14, 1996	11 Months
7,000	February 13, 1997	4 Months
8,000	July 16, 1997	5 Months
9,000	April 6, 1998	9 Months
10,000	March 29, 1999	12 Months
11,000	May 3, 1999	1 Month
12,000	October 19, 2006	7 Years 5 Months
13,000	April 25, 2007	6 Months
14,000	July 17, 2007	3 Months
15,000

As you can see, the Dow took 76 years to hit its first milestone. But as each succeeding milestone came alone, it took less and less time to hit the next one, due to the fact that the higher the Dow is in a relative sense, the easier it is to jump 1000 points. For example, it went from 6000 to 7000 in only 4 months.

The Dow moved between 1000 and 11000 mostly during modern times. As the table indicates, most of the milestones happened during 1982-1999 bull market. But notice that a new milestone wasn't reached during 2000 and 2001. That fact alone tells you that the Dow either stalled or declined as the bear market of 2000 arrived.