11,000 DOW by 3/31?

Discussion in 'Stock Market' started by konradv, Mar 25, 2010.

  1. konradv
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    konradv Gold Member

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    11:20 am EDT 3/25/10

    10,926.39 Real-Time Quote

    +90.24 / +0.83% Today’s Change

    money.cnn.com/data/markets/dow/?hpt=P1
     
  2. Truthmatters
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    Truthmatters BANNED

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    I guess the dow hates this bill huh?
     
  3. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    My 401K thanks you
     
  4. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Dow is up over 4400 points (68%) since the passing of Stimulus/TARP

    How is that Hopey/Changey stuff work'n for ya???
     
  5. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Of course Mega Corps like Big Government. They collude with politicians to have regulations put in place which squash competition. Now they are salivating over the additional 8 pts. of GDP that ObamaCare will put under government control.

    You poor boobies on the Left never grok that Big Government Cronyism always attempts to preserve the Big Business status quo at the expense of real competition and real job creation.

    Even at 11,000, it is far below the prior peaks. Much wealth has been transferred from the middle and working classes during this "financial crisis", manufactured to order by your elected representatives for the benefit of their cronies.
     
    Last edited: Mar 25, 2010
  6. konradv
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    konradv Gold Member

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    How is that Hopey/Changey stuff work'n for ya???
    ---------------------------

    Just fine thanks and thank you Mr. President. Just mentioning that we're approaching 11,000 because on another board someone said, after the most recent dip, that we'd be seeing 7,500 before we saw 10,500 again. Whatever you may think about HCR, the markets hate uncertainty and with its passage, a rise isn't surprising.
     
  7. uscitizen
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    uscitizen Senior Member

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    Don't worry about finding a job and producing anything, just make a living off of the stock market.

    or at least get rich giving seminars and selliing books convincing others they can do that :)
     
  8. Meister
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    Meister Platinum Member Supporting Member

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    Might be just part of the natural cycle of the recession, no?
     
  9. xsited1
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    xsited1 Agent P

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    It's probably going to get close to 12,000 before it comes crashing down. Once the stimulus bill was passed, I put my money in the market. Of course, they've built a house of cards so it's like riding a tsunami: you can make a lot of money, but you could get killed in the process.

    I'll keep watching the market to determine when it's time to put my money into safer investments. When the Democrats took control of Congress in 2007, I moved all my money out of the stock market which saved my retirement. Eventually, exiting the country might be the only option.
     
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  10. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    The Dow was over 13,000 at the beginning of May 2008.

    A better question that the stupid propaganda in the OP is: who benefited from the wealth destruction caused by the financial crisis - and who is benefiting from the recovery?
     

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