Yeah, but it’s only 9,000 in 2007 dollars.
Legend has it that when the average Joe gets excited and starts buying, it’s time to hit the exits.
I played around with individual stocks. Made a few bucks, but I realized, the market reacts to things I’ll never know about, and it’s often counter intuitive in regard to the news of the day. It’s a rigged game.
I’m out, except for my 401k.
October 2007 the month I should have gone to cash.
October 2007 the month I should have gone to cash or gold.
Bush’s fault
This explains why gas is going up. You can tell it is a fascist market when unemployment goes up, yet news of new government jobs inspires the market.
What I'm witnessing is UNBELIEVABLE to say the least. The market RISES while many a COMPANY reports EARNINGS are DOWN. The UNEMPLOYMENT and DEBT situation continues to WORSEN while the Government keeps reporting BOGUS numbers and saying things are getting better, all the while IGNORING warnings by its own GAO. ( General Accounting Office )
I believe the lesson that is prevailing is that we ONLY LEARN when we have to run through the fire and get our a$$ burned.
I may have just heard some famous last words spoken on CNBC an hour ago... "What a rally today folks!"
“Powerball jackpot hits 14,000 - get your tickets today!”
Buy low, sell high. Works every time.