The Street may want the NEW HIGH on the Dow to be a story for October and the "new quarter;" rather than happening on the last trading day of September...the end of the 2d quarter.
The "hype value" of "starting the quarter" with a new high...is much greater, than ending this quarter AT A NEW HIGH.
LEST PEOPLE THINK OF THE NEW HIGH AS "YESTERDAY'S NEWS." AN OLD "DATA POINT" TO BE FORGOTTEN IN FAVOR OF THE NEWS DU JOUR...
Remember Wall Street now is all fake...so appearances mean a lot!