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DOW hits record high this morning
Topic Started: Mar 5 2013, 11:03 PM (753 Views)
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LOL I surely don't have to post the numbers again.
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Mountainrivers
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Mar 5 2013, 11:55 PM
LOL I surely don't have to post the numbers again.
Right, you don't have to, but you can't make an argument unless you do.
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If you don't know the numbers you should keep quiet. If you think those numbers are anything but horrible you are indeed one of the useful idiots that keep buying the lie.
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Mountainrivers
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Mar 5 2013, 11:59 PM
If you don't know the numbers you should keep quiet. If you think those numbers are anything but horrible you are indeed one of the useful idiots that keep buying the lie.
No argument, I see. :bounce:
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Neutral
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My argument rests with your ignorance of the economic condition of this country.
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Mountainrivers
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Mar 6 2013, 12:01 AM
My argument rests with your ignorance of the economic condition of this country.
That's not an argument. It's an insult. neener
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Is it an insult that you don't know what the economic factors are? I don't think so. I've posted them many times, if you don't know by now you never will.
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Mountainrivers
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Mar 6 2013, 12:03 AM
Is it an insult that you don't know what the economic factors are? I don't think so. I've posted them many times, if you don't know by now you never will.
You don't know what they are, you are just doing your usual Faux parroting.
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tomdrobin
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If the DOW is going up, that says investors are getting in. And, that is a sign of optimism. That doesn't translate directly to other economic indicators like unemployment though. It will be some time before the effects of sequestration are felt. It surely will reduce demand in the economy, increase unemployment and eventually be felt in the stock market. But, not yet.
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Pat
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I guess you guys don't pay any attention to the volatility index. There is absolutely no stability as indicated by strong to moderate swings based on news cycles. Earnings are your true measuring stick and while some older, what once were called blue chips have been stable for a few months, this is hardly earth shattering. But it does drive some volume and allows the funds to line up the next herd for slaughter. But you guys believe what you will, and glorify a marker that is six years old, go for it. Getting back to 2007 levels is hardly a bonanza. But again, volume drive pricing.. Stay tuned. When these same issues report quarterly numbers, I'll take a look. Opps, I forgot, since nobody really audits the truthfulness of reporting, that too has become a world class scam.
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