Get use to DOW at 10,000

"is Dow 10,000 really something to be excited about"

Yes.

Might be old hat now, but this was a pipe dream just a short time ago.

Price is Right rules?

Get Use to Dow 9,999

I Win!

Let's not worry about whether or not the Dow is above or below 10,000 which is a meaningless psychological level. How about this view:

"The Standard & Poor%u2019s 500 Index will collapse below its March lows as an expected rebound in economic
growth fails to materialize, according to hedge fund manager Eric Sprott. The Toronto-based money manager, whose Sprott Hedge Fund returned about 496 percent in the past nine years as the S&P 500
lost 32 percent in Canadian dollar terms, said the index%u2019s 66 percent rally since March 9 reflects investors misinterpreting economic data. He%u2019s predicting the gauge will fall 40 percent to
below 676.53, the 12-year low reached on March 9."

http://www.youtube.com/watch?v=mc3U0ZkLDjE&feature=player_embedded

"The Standard & Poor%u2019s 500 Index will collapse below its March lows as an expected rebound in economic
growth fails to materialize,"

The logic doesn't make sense though. Say that happens, say growth sucks..... March lows were pricing in armageddon. Crappy earnings are a pimple compared to that.

I don't think it'll go back to 6,500 but it could very well get stuck in the 8,500 to 10,000 range for months or even years.

I dont need my stock assets until retirement in 2021. I hope the market stays really really low for the next 11 years and then suddenly rockets up 1000%!

Tromp, agreed.

And, w 34... that would be very cool. I'll keep dumping $$$ in.

Who could have thought that the Republicans could have f'ed up our economy so much that it could take over a decade to recover from?

It will also take more than a decade for the US to recover from the disaster Republican foreign policies that got us into a pre-emptive not necessary war of choice in Iraq, as well as, a decade to recover from the REpublican poor execution of the war in Afghanistan.

Now all they do is obstruct and criticize the people who are trying to fix the problems they caused. They only thing they do is obstruct and suggest that the solutions to the problems they caused are the same tactics that caused the problems in the first place - tax cuts for the uber wealthy and deregulation....its insane

Palin 2012!

> Who could have thought that the Republicans could have f'ed up our economy so much that it could take over a decade to recover
> from?

Wow, I guess Democrats are so corrupt and stupid, they're already asking for TEN YEARS to get something right!
I love it!

BTW, this logic would also give Bush #1 credit for the economic growth alluded too earlier.

> Now all they do is obstruct and criticize the people who are trying to fix the problems they caused.

Who are those people? Other Republicans? Libertarians? Green Party?

Because it certainly 'aint the Democrats.

Poor, poor Democrats, nobody else to blame anymore. They've have power for YEARS now, and they just keep screwing things up more.

Kinda like perfitz, I guess.

Democrats can't get ONE F*ING THING RIGHT, and its somebody else;s fault.

yeah, got it.

You know, its sad... but the best thing the Republican Party ever did for itself was to hand power to the Democrats.

somewhereelse since you are so smart can you tell us about your business successes?

I have started and sold 4 companies, currently own 2 others, as well as, 4 buildings in Manhattan?

What achievements give you the honor of being smarter than everyone else on this board? Oh yeah nothing you work for someone else as an employee, have never created a job yourself, and rent an apartment that someone else owns. I now know why you are named - because some one else employs you, and some one else owns the property you live.

You are a little person with no success who can only try to talk like a success person. You are not even a blip on the radar screen....and you think the Republicans did a great job!

Hah hah ha ha ha ha ha h

"I have started and sold 4 companies, currently own 2 others, as well as, 4 buildings in Manhattan?"

WideStance is the second coming of perfitz

Wouldn't you just love watching Iran and Iraq race each other to develop nuclear weapons which is the likely result of not removing Saddam? I'm sure that stable/reasoned dictator would never actually use a nuke if he had it. Sanctions are working really well in stopping Iran and North Korea. But, please, please, please, no Palin.

WideStance is the second coming of perfitz

widestance *is* perfitz (literally)

slow, illiterate, no understanding of math, called the market about as perfectly wrong as anyone can, politically illiterate, you name it. Good to know that there is only one person here that challenged.

> I have started and sold 4 companies

How many glasses of lemonade did you sell.

Poor, poor perfitz... when he's been outclassed (as usual) in an argument and realizes he doesn't know anything, he reverts to "well I'm rich".

How is that Lake Las Vegas BOMB coming, perfitz? Now THAT is one of the funniest brags I ever heard.... bankrupt, right in the toilet!

> What achievements give you the honor of being smarter than everyone else on this board?

Being smarter isn't an achievement, its just a quality. I'd have the intellectual advantage over you whether I did nothing, or built the world myself.

> Oh yeah nothing you work for someone else as an employee,

Now you're just lying again. Whoops.

> have never created a job yourself

Another lie. Whoops.

Dude, you base your dumb opinions on lies you make up. No wonder you're always so wrong.

> You are a little person with no success who can only try to talk like a success person.

What's a "success person"? And this coming from the guy STILL TRYING TO BRAG. I lvoe it!

> You are not even a blip on the radar screen....and you think the Republicans did a great job!

No, I don't... you're just lying (again).

You're so dumb you think the Democrats just got into power this week (and have 10 years before they are responsible for anything).

Poor, poor perfitz.

> Hah hah ha ha ha ha ha h

At least you can laught at yourself. Thats good.
We all laught at you, too.

11k, woo hoo!