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To: Viennacon

The Dow has a predisposition to go higher and not lower.

Good performing stocks are kept in and poor performing stocks are rotated out for other good performing stocks.

So IOW, the Dow will ALWAYS go up. This should surprise nobody.


3 posted on 11/18/2014 3:18:13 PM PST by Red in Blue PA (Compared to obama, Jimmy Carter looks like Winston Churchill.)
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To: Red in Blue PA
Yep. And who is surprised that the DOW went up on speculation that the GOP would take the Senate? Not me.

When the thinking was that Obama would win the Presidency in the fall of '08 the stock market went down, down, down.

4 posted on 11/18/2014 3:21:43 PM PST by what's up
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To: Red in Blue PA

As it has since 1929. If you look at a chart of the Dow since 1929 (and I’m not tech savvy enough to post it), you wouldn’t even notice the blips that are the crash of 1929 and 1987. And when you consider that there is still $12 TRILLION in cash sitting on the sidelines? And that Japan is moving down and China is questionable? Well, where will people put their cash? Not in mattresses.


7 posted on 11/18/2014 3:23:53 PM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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