Dow jumps above 8,000 for first time in 2 months

AP on Yahoo ^ | 4/2/09 | Madlen Read and Sara Lepro - ap

[Eye of Unk]

Quick, somebody needs to change the locks on the Whitehouse!

[wiseprince]

waiting to buy some silver but it’s still way to high. I am expecting a 20% drop before it hits the roof again. I agree with you, nothing has changed except the US dollar has weakened. The world is talking about a world reserve currency (which will flatten the US dollar). Venezuela is talking about a petro currency (also bad for the US dollar) and France and Germany are demanding international regulations (bad for business and freedom). The truth is uncertainty is what abounds right now and that can only be good for commodities not for markets.

[autumnraine]

I’m afraid this is the big jump before the crash.

Seriously, the stock are increasing for someone to get the prices up and then whoever (Soros, some Islamic organization, whoever) will sell ALL and it will come crashing down.

That is my biggest fear so far.

[Ghost of Philip Marlowe]

Do you suspect the same people that pulled 500B out of the money markets on Sept 17 and caused the economic crisis right before the 08 election (and therefore manufactured The Mother of All October Surprises)?

[Sig Sauer P220]

Quick, somebody needs to change the locks on the Whitehouse!

And change the new doors back into windows.

[mojitojoe]

Soros and his ilk are manipulating the market like he has in the past.
_____________
Bingo!!!

[palmer]

Venezuela is talking about a petro currency (also bad for the US dollar)

Not really. The euro is a threat if Germany holds firm, but a new currency from proven idiots like Chavez will be good for the dollar (people will trade stupid Chavez paper for dollars).

[manc]

Soros and his ilk are manipulating the market like he has in the past.
_____________
Bingo!!!

do I get a free vacation of the Govt now as a prize???

I just wished the GOP would ban prepaid credit cards so we do not have to face all that illegal money again in 4 years and I wish Bush could have got an extradition treaty with Russia so as to send Soros back to where he belongs.

If that had happened the likes of Move on would be in shambles

[palmer]

Soros and his ilk are manipulating the market like he has in the past.

No, just irrational hope. The depths that some individual stocks went to last month reflected irrational fear. The secret is to forget about the averages and look for quality (if you are long) or lack of quality (if you are short).

[Warriormom]

Those are my thoughts exactly! Just imagine how much the market would be up if Nancy and Harry had gone with him.

[LottieDah]

By the time Zero’s 100th day rolls around the Dow will be back over 9000. Can anyone say manipulation?

[NormsRevenge]

Dow 8,045.86 +284.26 +3.66%
Nasdaq 1,618.52 +66.92 +4.31%
S&P 500 842.46 +31.38 +3.87%
Thursday, April 2, 2009, 12:21PM ET
U.S. Markets close in 3 hours and 39 minutes.

[palmer]

There's an awful lot of emotion in this thread. People should not be trading based on emotion. If you want to go long (even as a small percentage of your portfolio), look for quality in the dips. I hold oil, gas and tech (like Intel and MS). If you want to go short, look for sectors and corporations with poor prospects (e.g. commercial real estate) and pick the lousiest company you can find.

Do NOT short or buy the indexes or try to time the overall market, it is way too political.

[Chet 99]

[boxerblues]

Just imagine how much the market would be up if Nancy and Harry had gone with him.

We would so much better off without the whole dang bunch of them , but I will not put out another dime to anybody to keep them. Pray for bad weather so he cant fly home :)

[a real Sheila]

I’m convinced Soros is one EVIL MF.
He even has the “mad scientist” look about him.
Interesting how the policies he promotes are anti-capitalist and against folks making a LOT of money, yet billions upon billions are NOT ENOUGH for HIM!!

[autumnraine]

That’s what I was afraid of.

Obama just set us up for the biggest heist in the history of the world didn’t he?

[DuncanWaring]

...something is just not adding up here.

It rarely does.

[AngelesCrestHighway]

Is the economy on the recovery?

How the hell can the market recover anything with this capitalist killer in the white house?

This is the bounce to get you back in before the big drop.

[Reagan Man]

>>>>>Can we keep O out of the country for a little while longer?
He’s not here screwing things up

MegaDitto.