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Dec 6th, 2017
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Joined: Aug 2004
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Joined: Aug 2004
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Somebody must be doing something right:
3/23/09 DJIA: 7,779.60
+501.22 (6.89%)
The question now is is it sustainable? A couple of more weeks like the last two, and people might actually start talking about recovery rather than doom-and-gloom. Keep your fingers (and toes, and eyes, and legs) crossed!
Larry
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"To the intelligent man or woman, life appears infinitely mysterious. But the stupid have an answer for every question." - Edward Abbey
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Joined: Oct 2006
Posts: 3,643
enthusiast
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enthusiast
Joined: Oct 2006
Posts: 3,643 |
Yeah, Snargle...
The market's only down about 6000 points from a year ago. But, crossing everything possible should do the trick. We'll be back in no time. Might be a better strategy than the things that our government's doing?
Turn on ANY brand of political machine - and it automatically goes to the "SPIN and LIE CYCLE" 
Yours Truly - Gregg
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Joined: Sep 2011
Posts: 18,003 Likes: 191
Moderator Carpal Tunnel
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Moderator Carpal Tunnel
Joined: Sep 2011
Posts: 18,003 Likes: 191 |
It will only be sustainable if we put our blinders back on and go back to "business as usual" - that is, ignoring the real value of the productive economy and cheering on inflated values for stocks. $7500-8000 is probably about right for the Dow. More than $10,000 and we are back into la-la-land. (Or go-go-land, in a irrational exuberance kinda way.)
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.
Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich
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Joined: Dec 2005
Posts: 12,010
Pooh-Bah
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Pooh-Bah
Joined: Dec 2005
Posts: 12,010 |
Just curious how the "Obama " index is doing?
"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel
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Joined: Feb 2008
Posts: 5,850
old hand
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old hand
Joined: Feb 2008
Posts: 5,850 |
Well, the Dow closed at 8500.79 7978.08 today, so according to Ponderer we're almost in trouble again!
Last edited by loganrbt; 04/02/09 08:37 PM. Reason: grabbed wrong dow index
"The white men were as thick and numerous and aimless as grasshoppers, moving always in a hurry but never seeming to get to whatever place it was they were going to." Dee Brown
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Joined: Oct 2006
Posts: 3,643
enthusiast
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enthusiast
Joined: Oct 2006
Posts: 3,643 |
Well, the Dow closed at 8500.79 7978.08 today, so according to Ponderer we're almost in trouble again! Logan, if our country wasn't in some kind of trouble on a daily basis, by life would be a total loss.
Turn on ANY brand of political machine - and it automatically goes to the "SPIN and LIE CYCLE"
Yours Truly - Gregg
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Joined: Dec 2005
Posts: 12,010
Pooh-Bah
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Pooh-Bah
Joined: Dec 2005
Posts: 12,010 |
6,825.42 8,145.03 Nice job Mr. President
"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel
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Joined: Feb 2004
Posts: 6,523
old hand
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OP
old hand
Joined: Feb 2004
Posts: 6,523 |
6,825.42 8,145.03 Nice job Mr. President I whole heartedly agree. Credit where credit is due. Nice job Mr. President!
A proud member of the Vast Right-wing Conspiracy, Massachusetts Chapter
“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”
Thomas Jefferson
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Joined: May 2005
Posts: 47,430 Likes: 373
Member CHB-OG
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Member CHB-OG
Joined: May 2005
Posts: 47,430 Likes: 373 |
6,825.42 8,145.03 Nice job Mr. President I whole heartedly agree. Credit where credit is due. Nice job Mr. President! ![[Linked Image from i48.photobucket.com]](http://i48.photobucket.com/albums/f228/ca_rickf/Smilies/icon_eek.gif) Dang! This post needs to be memorialized! ![[Linked Image from i48.photobucket.com]](http://i48.photobucket.com/albums/f228/ca_rickf/Smilies/thumbs.gif)
Contrarian, extraordinaire
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Joined: Aug 2004
Posts: 1,489
member
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member
Joined: Aug 2004
Posts: 1,489 |
Ho-hum...here we go again.
Dow Jones Industrial Average (5/4/09):
8,420.37, +207.96 (2.53%)
Larry
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"To the intelligent man or woman, life appears infinitely mysterious. But the stupid have an answer for every question." - Edward Abbey
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