DOW just broke 10,000 :)

[eagleseven]

OH O.K. now you are bitching because it has REBOUNDED from BUSH'S miserable performance to over 10,000 in less than ONE YEAR since Obama took office. WOW you really are a partisan hack aren't you?

No, we just realize that you must adjust these figures for inflation. With enough inflation, the Dow will break 100,000. You're being duped into a false euphoria, celebrating imaginary wealth.

http://www.usmessageboard.com/stock-market/91622-dow-breaks-7-537-a.html

Want to be a billionaire? I'll trade you all your US$ for 100 billion Zimbabwe dollars...

 

[Zander]

I am just glad that it's going up....I want my in-laws be able to do what they WANT do during retirement. MY FATHER IN LAW HAS ALREADY PUT OFF RETIREMENT FOR A FEW YEARS AND MY MOTHER IN LAW CAN'T FIND ANYTHING. What ci is going to hire someone that is only going to work two or three years. I HOPE THE DOW GOES BACK UP SO THEY CAN LIVE THE LIFE THEY WANT! I hope they can travel and explore new places throughout the world and I hope when he goes he is chewing the LAST piece of gum out of the last pack of gum he owns. I and my wife will not fight for ANYTHING from the estate. If they leave us something fine and good( and I KNOW they will) but it will be iron clad to avoid any bad feelings.

Exactly the way I felt about my parents. Told them to spend every cent on enjoying themselves, they had earned it, and that would make us kids far more happy than recieving money that they did not use.

In three weeks, I will be 66. And will continue working until the real estate market comes back. And that is physically painful, as I work as a millwright in a steel mill. I really don't know if I can do another summer at that job.

One of my co-workers, an electrician has a major heart problem. Like myself, he has a wife much younger than he is, and she is on Chemo right now for a cancer. If he quits his job, her healthcare ends. And his pension, military pension, and SS puts him in the category of making too much for Medi-Aid, but not enough, obviously, to pay for his wife's care.

My own problems are pretty damned miniscule compared to his. So many like this. We do not take care of our old people worth a damn.

If you are waiting for the real estate market to "come back" you'll be deep in your seventies and possibly your eighties before you retire. Do you have a plan "B"? or are you counting on the gov't to bail you out?

 

[FactFinder]

I have no faith that this means anything.

We are probably in for a recession with a "W" shaped graph rather than the "V" shaped graph.

A hyped up hyper falootin mess.
Smoke & mirrors.. earnings for some companies went up. Not because they sold more but they laid off more and bought less.

 

[Paulie]

I have no faith that this means anything.

We are probably in for a recession with a "W" shaped graph rather than the "V" shaped graph.

A hyped up hyper falootin mess.
Smoke & mirrors.. earnings for some companies went up. Not because they sold more but they laid off more and bought less.

That shouldn't be smoke and mirrors though. It should have been well known by everyone that companies were still profiting because they trimmed the fat during the downturn. That's WHY they trim that fat.

They protected shareholder interest during periods of reduced revenue, like they should.

What do you want them to do, continue paying employees that they can't support the salaries for while the revenue isn't coming in?

The problem isn't the companies, or even the media that reports on them. It's the stupid ass people who don't know their asses from a hole in the ground FALLING for the bullshit.

The fact that you called this kind of thing smoke and mirrors is proof of the stupidity.

Whoever is stupid enough to think that because CNBC, for instance, reports earnings and that somehow means that things are 'good'...deserves to be called an idiot.

 

[rdean]

In a rebounding economy, unemployment is always last to fall.

 

[Terral]

Hi Ply:

Just figured I'd share some good news.

The DOW industrial index is over 10k right now

Maybe there is hope for change after all

Dow Jones Indexes | Welcome

No. Day traders are DUPES and are STUPID and 'are' worthy of utter destruction (#1).

[ame="http://www.youtube.com/watch?v=SgnKdA0OEqI"]Listen To Peter Schiff[/ame]

I have explained this simple point far too many times: As the U.S. Dollar goes into the TOILET (you guys are so STUPID = ), you need MORE DOLLARS to buy everything!!! Oil goes UP and gold goes UP and stocks go UP, because you need MORE GODDAMNED DOLLARS to buy EVERYTHING. 10,000 foreclosures are still happening EVERY DAMNED DAY, which means more cheap houses on the open market 'and' there is NO BOTTOM in the housing market. That means money is being shipped to the stock market, which is artificially raising the price of stocks. The stock markets are going up, because of the weak dollar 'and' because everything else SUCKS 'and' there are enough stupid idiot day traders willing to play the markets like Las Vegas Shot Machines!

[ame="http://www.youtube.com/watch?v=XTCS5_PcdMk"]Listen To Gerald Celente![/ame]

And stop being so STUPID . . .

[ame=http://www.youtube.com/watch?v=4tty9-owMWo]The Dollar Is FINISHED[/ame]

I can see you guys now. The dollar dies and it takes 100,000 dollars to buy one share of G.M. Stock 'and' you guys send a big round of applause . . . :0)

GL,

Terral

 

[DavidS]

Hi Ply:

Just figured I'd share some good news.

The DOW industrial index is over 10k right now

Maybe there is hope for change after all

Dow Jones Indexes | Welcome

No. Day traders are DUPES and are STUPID and 'are' worthy of utter destruction (#1).

[ame="http://www.youtube.com/watch?v=SgnKdA0OEqI"]Listen To Peter Schiff[/ame]

I have explained this simple point far too many times: As the U.S. Dollar goes into the TOILET (you guys are so STUPID = ), you need MORE DOLLARS to buy everything!!! Oil goes UP and gold goes UP and stocks go UP, because you need MORE GODDAMNED DOLLARS to buy EVERYTHING. 10,000 foreclosures are still happening EVERY DAMNED DAY, which means more cheap houses on the open market 'and' there is NO BOTTOM in the housing market. That means money is being shipped to the stock market, which is artificially raising the price of stocks. The stock markets are going up, because of the weak dollar 'and' because everything else SUCKS 'and' there are enough stupid idiot day traders willing to play the markets like Las Vegas Shot Machines!

[ame="http://www.youtube.com/watch?v=XTCS5_PcdMk"]Listen To Gerald Celente![/ame]

And stop being so STUPID . . .

[ame="http://www.youtube.com/watch?v=4tty9-owMWo"]The Dollar Is FINISHED[/ame]

I can see you guys now. The dollar dies and it takes 100,000 dollars to buy one share of G.M. Stock 'and' you guys send a big round of applause . . . :0)

GL,

Terral

Why do you quote Russia Times so often and did you know that GM was de-listed from the stock market?

 

[Zander]

In a rebounding economy, unemployment is always last to fall.

Really? "always"?? surely you can provide proof.

 

[DavidS]

In a rebounding economy, unemployment is always last to fall.

Really? "always"?? surely you can provide proof.

Sure. Look at the history of unemployment and cross reference it with GDP and stock market value.

 

[Paulie]

Hi Ply:

Just figured I'd share some good news.

The DOW industrial index is over 10k right now

Maybe there is hope for change after all

Dow Jones Indexes | Welcome

No. Day traders are DUPES and are STUPID and 'are' worthy of utter destruction (#1).

[ame="http://www.youtube.com/watch?v=SgnKdA0OEqI"]Listen To Peter Schiff[/ame]

I have explained this simple point far too many times: As the U.S. Dollar goes into the TOILET (you guys are so STUPID = ), you need MORE DOLLARS to buy everything!!! Oil goes UP and gold goes UP and stocks go UP, because you need MORE GODDAMNED DOLLARS to buy EVERYTHING. 10,000 foreclosures are still happening EVERY DAMNED DAY, which means more cheap houses on the open market 'and' there is NO BOTTOM in the housing market. That means money is being shipped to the stock market, which is artificially raising the price of stocks. The stock markets are going up, because of the weak dollar 'and' because everything else SUCKS 'and' there are enough stupid idiot day traders willing to play the markets like Las Vegas Shot Machines!

[ame="http://www.youtube.com/watch?v=XTCS5_PcdMk"]Listen To Gerald Celente![/ame]

And stop being so STUPID . . .

[ame="http://www.youtube.com/watch?v=4tty9-owMWo"]The Dollar Is FINISHED[/ame]

I can see you guys now. The dollar dies and it takes 100,000 dollars to buy one share of G.M. Stock 'and' you guys send a big round of applause . . . :0)

GL,

Terral

Why do you quote Russia Times so often and did you know that GM was de-listed from the stock market?

Because Russia Times backed his opinion, why else?

And about GM, they didn't exactly delist "from the stock market". They created General Motors Liquidation Company to diverge their assets and they now trade on the Pinks under ticker MTLQQ because they failed to maintain minimum listing requirements for the DOW.

They admit there is little to no value associated with shares due to no earnings, but that doesn't mean one can't flip the shares for a possible capital gain on price change.

 

[SmellyLemmings]

hurray! maybe i can finally afford a roast beef sandwich! or will that bump up the price???