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Thread: Dow sails past all-time high

  1. #1
    Formerly ModerateGOP
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    Dow sails past all-time high

    The Dow is back. All the way back. At the opening bell Tuesday, the benchmark index sailed past its all-time closing high of 14,164.53 set Oct. 9, 2007.
    Dow sails past all-time high

    Are we seeing a stronger economic recovery?

    Are we repeating 2007 events? That is what is worrying some investors.

    What do you think?
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    Re: Dow: All Time High!

    Quote Originally Posted by ModerateGOP View Post
    Dow sails past all-time high

    Are we seeing a stronger economic recovery?

    Are we repeating 2007 events? That is what is worrying some investors.

    What do you think?
    I think those who invested in the bond market are crapping their pants.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Dow: All Time High!

    Quote Originally Posted by ModerateGOP View Post
    Dow sails past all-time high

    Are we seeing a stronger economic recovery?

    Are we repeating 2007 events? That is what is worrying some investors.

    What do you think?
    IMO The economy sucks,theres no rational reason for the Dow to be so high.

    I'm fine with it 401K wise but thats only because 401K is enforced saving!

    I'm afraid we're all in deep doodoo at some point ala 2007 !

    HOPE I'M WRONG!!

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    Re: Dow: All Time High!

    Getting high on cheap money


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    Re: Dow: All Time High!

    This is completely bogus when you consider the rapidly increasing inflation and the number of people on the government dole. This surge is the product of inflation.

    Soon, the short bets will win and this will blow up. That's what just about EVERY economist is saying right now.

    But if you time it right and move your 401K money at the right time, you can take advantage. Of course, Obama thinks 401Ks are unfair and only favor the wealthy, so he's going to do everything he can to get his hands on that, too.

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    Re: Dow: All Time High!

    Quote Originally Posted by ModerateGOP View Post
    Dow sails past all-time high

    Are we seeing a stronger economic recovery?

    Are we repeating 2007 events? That is what is worrying some investors.

    What do you think?
    Businesses are still making money by cutting their workforces, sitting on cash reserves and getting loans but if people stay unemployed and retail sales keep falling off it's going to catch up to the Markets. The FED is trying to stimulate the housing industry with low interest and buying assets to offset mortgage debt, which drives investors into an already over valued stock market. It's getting top heavy.
    Einstein, "science without religion is lame, religion without science is blind."

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    Re: Dow: All Time High!

    Guys, the market is being propped up by printed currency.

    They are driving up bond and asset values and Bernake knows he cant stop.

    This isn't an indication of how well our economy is doing, its an indication of how sick our economy is.

    This is unprecedented and China's already stated it has no qualms over entering into a currency war with us and Japan.

    Celebrating this is celebrating ignorance. This wont end well.

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    Re: Dow: All Time High!

    Quote Originally Posted by grip View Post
    Businesses are still making money by cutting their
    workforces, sitting on cash reserves and getting loans but if people stay unemployed and retail sales keep falling off it's going to catch up to the Markets. The FED is trying to stimulate the housing industry with low interest and buying assets to offset mortgage debt, which drives investors into an already over valued stock market. It's getting top heavy.
    They are also trying to drive the value of the dollar down. But we're not alone in that respect.

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    Re: Dow: All Time High!

    This is clearly Obama's fault.
    Quote Originally Posted by faithful_servant View Post
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    Re: Dow: All Time High!

    Right on, Fenton:

    Dow Jones high on Fed steroids: Our view

    How long will it last? Obama wants to make it artificially look good until the midterms unless he can blame the Republicans for the coming crash.

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