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record dow,,,,,

Discussion in 'Uncategorized Threads' started by H82MIS, Oct 13, 2008.

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  1. H82MIS

    H82MIS TS Member

    Joined:
    Jan 29, 1998
    Messages:
    2,052
    duh,,,,
     
  2. hmb

    hmb Well-Known Member

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    It goes up and it goes down. HMB
     
  3. BIGDON

    BIGDON Well-Known Member

    Joined:
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    Michigan
    Must be Bushs fault. Damn him for meeting with those other leaders and taking the initiative in arranging the meeting. What's Oblama going to say now.

    Don
     
  4. shannon391

    shannon391 Active Member

    Joined:
    Jan 29, 1998
    Messages:
    4,477
    AHH... the crisis is over and the world is right again, now should I order a few pallets of AA's, or should I keep stocking food and .223 rounds?
     
  5. pendennis

    pendennis Well-Known Member

    Joined:
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    1,567
    Location:
    Southeast Michigan - O/S Detroit
    I wouldn't get too excited. The market is still down almost 5k points since last year at this time. The bargain hunters in mutual funds were out scrounging this afternoon. That's what usually moves the Dow in the later part of the trading session. In order for this to have any real effect, the Dow will have to gain about 2k points to prove the bear market is over.

    The liquidity problem still hasn't gone away. The commercial and investment banks are still holding MBS', and no one yet has dealt in the first ones since the socialist-bailout law was passed last week. As always, the Dow trades on emotion.

    Dennis
     
  6. BIGDON

    BIGDON Well-Known Member

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    Location:
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    Gosh Dennis maybe you would have prefered that it went down some more.

    Shannon keep buying food and ammo as I may need to come to your house for some assistance.

    Don
     
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