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Dow is one strong rally from 13,000

Quick ReadNow the Dow Jones industrial average is within reach of the rarefied 13,000 mark -- a level it hasn't seen since May 2008, four months before the financial system foundered.

Flags fly outside the New York Stock Exchange

Photo credit: AFP / Getty Images, 2009 | Flags fly outside the New York Stock Exchange in lower Manhattan.

It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.

Now the Dow is within reach of the rarefied 13,000 mark -- a level it hasn't seen since May 2008, four months before the financial system almost came apart.

A strong one-day rally -- caused...

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