Remember the good old days...when a triple digit move in the Dow was something that the business channel anchors got all giddy over? The Dow would be up...or down 100 or more points and the breaking news banners would come out in full force.
It was a big deal when the Dow was around 10-thousand. A 100-point move was one-percent. But as the Dow level climbs higher...a 100-point move either way is less impactful percentage wise. At 20-thousand, a 100-point gain is only a half-percent.