DOW

The Dow will probably recoup its losses from last week in the next 2-3 weeks, and continue it's upward climb as the year progresses.

Then, bravo, Yurt, Tutu et al. will explain to us that it's not really a good gauge of how the economy is doing....
 
Onceler said:
The Dow will probably recoup its losses from last week in the next 2-3 weeks, and continue it's upward climb as the year progresses.

Then, bravo, Yurt, Tutu et al. will explain to us that it's not really a good gauge of how the economy is doing....
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Some time about three years from now it will drop 100 pts in a week and they will be all over President Obama about it again!
 
The market lost some of it's gain due to weaker-than-forecast December sales of existing homes.

Onceler said:
The Dow will probably recoup its losses from last week in the next 2-3 weeks, and continue it's upward climb as the year progresses.

Then, bravo, Yurt, Tutu et al. will explain to us that it's not really a good gauge of how the economy is doing....
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Yurt said:
more lies, it is not a personal attack, it is the truth, you are a sorry excuse for a human being. good human beings don't lie by falsely claiming people are hypocrites when in truth they are not. :pke:
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You need a tissue?

Why don't you go over there an have yourself a good cry.

You'll feel better when you've let all that hate and anger out.:crybaby:
 
Jarod said:
I JUST CHECKED, THE DOW IS UP 73 PTS IN THE FIRST HALF HOUR OF TRADING THIS MORNING....

PRESIDENT OBAMA MUST HAVE WOKEN UP A REPUBLICAN THIS MORNING!
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Well, according to him he "heard" the message of Mass. So it seems you are right.
 
signalmankenneth said:
Mr Obama and congress, needs to enact new banking legislation now, so we never, ever have to bailout another bank or financial institution that is too big to fail! These people's greed and lust for profits cause this economic mess we are in now! So, should we let the banks, police themselves?! Alan Greenspan, said, without new banking legislation, this will happen again in the future!
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yeah... it's called Glass Steagall.... we need to re-implement it and break apart the banks.
 
Onceler said:
The Dow will probably recoup its losses from last week in the next 2-3 weeks, and continue it's upward climb as the year progresses.

Then, bravo, Yurt, Tutu et al. will explain to us that it's not really a good gauge of how the economy is doing....
Click to expand...

so the high of 14,000 under bush meant the economy is well?
 
Yurt said:
so the high of 14,000 under bush meant the economy is well?
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Clearly, it wasn't at that time.

The Dow is just one gauge, but it can be a good indicator of how things are going, particularly with regard to investor confidence, which is no small thing in this economy.

If the Dow is improving, and we see other indicators like consumer confidence, manufacturing, housing starts, productivity, etc., improving, we can make a much better determination of where things are headed. Jobs, while a lagging indicator, certainly need to start showing up in greater force as the year goes on, as well...
 
Onceler said:
Clearly, it wasn't at that time.

The Dow is just one gauge, but it can be a good indicator of how things are going, particularly with regard to investor confidence, which is no small thing in this economy.

If the Dow is improving, and we see other indicators like consumer confidence, manufacturing, housing starts, productivity, etc., improving, we can make a much better determination of where things are headed. Jobs, while a lagging indicator, certainly need to start showing up in greater force as the year goes on, as well...
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agreed, i thought you were putting the DOW as one of the strongest indicators of economic wellness.
 
Yurt said:
agreed, i thought you were putting the DOW as one of the strongest indicators of economic wellness.
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It's not, but it's still a significant gauge. Investors generally base their decisions on the other basic fundamentals; if the market is improving, it's usually because there are positive signs elsewhere.

My main issue was with bravo's post, which is pretty myopic. To say that one bad week is any kind of gauge of anything is pretty silly...
 
Onceler said:
It's not, but it's still a significant gauge. Investors generally base their decisions on the other basic fundamentals; if the market is improving, it's usually because there are positive signs elsewhere.

My main issue was with bravo's post, which is pretty myopic. To say that one bad week is any kind of gauge of anything is pretty silly...
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i thought he was just making fun of people who jump up and down and proclaim the greatness of the messiah because the dow went up for a few days straight....people like jarod
 
Yurt said:
i thought he was just making fun of people who jump up and down and proclaim the greatness of the messiah because the dow went up for a few days straight....people like jarod
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I never did that, except in clear and obvious jest, check your facts and prejudice toward me!
 
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