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Dow 14000? Sooner than You Think
Seeking Alpha ^
| March 15, 200
| Cetin Hakimoglu
Posted on 03/15/2009 5:10:58 PM PDT by arthurus
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To: arthurus
21
posted on
03/15/2009 5:18:34 PM PDT
by
Coleus
(Abortion, Euthanasia & FOCA - - don't Obama and the Democrats just kill ya!)
To: arthurus
If one reads history. FDRs spending caused the depression to last several years longer than it should have and was not really over until the second world war started which did away with unemployment.
The present spending by the left would seem to be the same thing as happened from 1933 to 1941. I hope that this can be cured with a new election in 2010 but who knows if it can be stopped and spending will increase and the borrowing of money from China and Saudi will continue to be the number one priority. And as taxes go up on the small business people the number of workers will fall more.
22
posted on
03/15/2009 5:19:48 PM PDT
by
YOUGOTIT
(I will always be a Soldier)
To: arthurus
He’s missing one important graph: actual job loss, the greater the job loss in a downturn, the longer the market takes to recover. And we haven’t seen the bottom of job loss in this recession.
23
posted on
03/15/2009 5:20:08 PM PDT
by
Psycho_Bunny
(ALSO SPRACH ZEROTHUSTRA)
To: Finalapproach29er
Why should I take this author seriously?
Because his name is Cetin Hakimoglu. With a name like that you have to be some sort of a genius...........He's definitely not a hockey player.
24
posted on
03/15/2009 5:20:24 PM PDT
by
Hot Tabasco
(This country isn't going to hell in a handbasket, it's riding shotgun on an Indy car....)
To: cripplecreek
Yeah, and then the sky will open and it will rain jellybeans.
Of course the trial lawyers will have a field day with the damage THAT causes.
It took many years for the dow to recover the losses of ‘29. This wont end overnight.
10 years before we see those numbers again.
25
posted on
03/15/2009 5:20:24 PM PDT
by
Vermont Lt
(Ein Volk, Ein Riech, Ein Ein.)
To: arthurus
Since the DJIA is a cherry picked set of only thirty stocks, yes, if we dump out the losers like Citicorp, GM, and GE, and replace them with , oh, Berkshire-Hathaway, then sure.
To: Polybius
Or switch to treasuries.
The next time this happens though, we won’t be young enough to care.
To: arthurus
Out of the mouths of babes. Really bad when this is the best source of good news that can be found.
Don’t get me wrong, I would like to see it come true and I have nothing against youth but this is a mighty superficial “analysis”. Maybe the truth is that the market is really superficial as well.
Old age and treachery trump youth and enthusiasm every time.
28
posted on
03/15/2009 5:21:17 PM PDT
by
Sequoyah101
(Get the bats and light the hay)
To: arthurus
I am not convinced that we are out of the crisis of the past few weeks. Last week's market rise was nice, but this week will be more important than last. If we see a few days of rise/rally, then it may be time to start testing the water for bargains, but not now. I will let a few trading days of rise slip by before moving in.
29
posted on
03/15/2009 5:21:29 PM PDT
by
devane617
(Republicans first strategy should be taking over the MSM. Without it we are doomed.)
To: arthurus
When it broke 12,000 the MSM said it was only a number - that was when Bush was in office ...
30
posted on
03/15/2009 5:21:38 PM PDT
by
SkyDancer
('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
To: arthurus
Ok then it will be time to go out.
31
posted on
03/15/2009 5:21:42 PM PDT
by
bmwcyle
(American voters can fix this world if they would just wake up.)
To: Polybius
this NEXT time I WILL do so."
Ping me and I'll swear to be your blood brother.......
32
posted on
03/15/2009 5:21:51 PM PDT
by
Hot Tabasco
(This country isn't going to hell in a handbasket, it's riding shotgun on an Indy car....)
To: ml/nj
Only if gold is $2000 Gold at $2k, of course, would be a result of the inflation that seems already locked in and it would make the Dow at 14k highly believable. But 14k then wouldn't necessarily mean much actual rise in value for the Dow. The numbers will get nicely bigger, though.
33
posted on
03/15/2009 5:21:57 PM PDT
by
arthurus
( H.L. Mencken said, "Every election is a sort of advance auction sale of stolen goods.")
To: Coleus
34
posted on
03/15/2009 5:22:55 PM PDT
by
wagglebee
("A political party cannot be all things to all people." -- Ronald Reagan, 3/1/75)
To: ml/nj
I don’t see the same thing as this guy. What will drive this new bull market? I don’t think we will recover until the economy is cleansed of toxic investments and we get a president who won’t stifle growth.
35
posted on
03/15/2009 5:23:16 PM PDT
by
peeps36
( Al Gore. Is A Big Fat Lying Hypocrite. He Pollutes The Air By Opening His Big Mouth)
To: arthurus
All a high Dow takes is dollar inflation.
A high Dow simply means a dollar doesn’t go as far as it used to on Wall Street.
36
posted on
03/15/2009 5:24:06 PM PDT
by
Atlas Sneezed
(Obamanomics="Trickle-up Poverty")
To: arthurus
We will not have a recovery until Obozo is out of office!With him gone, there would be a huge turn around quickly.
To: what's up
If he gives up most/all of his positions it will go fairly high.I think we can do that in 2010 like we did with Clinton. It'll be easier this time--Clinton was a crafty cuss; Obama's just plain stupid.
38
posted on
03/15/2009 5:26:19 PM PDT
by
randog
(Tap into America!)
To: Hot Tabasco
The name sounds definitely Turkish.
39
posted on
03/15/2009 5:26:26 PM PDT
by
elcid1970
("O Muslim! My cartridges are lubricated with pig grease!")
To: arthurus
The author is prefacing his remarks on the assumption the market is operating within a free enterprise system. That is becoming less the case thanks to GWB, the socialist currently in the White House and the socialist controlled Congress.
40
posted on
03/15/2009 5:26:46 PM PDT
by
Man50D
(Fair Tax, you earn it, you keep it!)
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