Posted on 10/19/2006 1:48:44 PM PDT by RogerWilko
Dow Gains 19 to Close Above 12,000 for the First Time; Nasdaq Ends Up 4
The Dow Jones industrial average scored its first close above 12,000 Thursday as Wall Street managed to hold on to gains despite concerns about the strength of the economy.
(Excerpt) Read more at biz.yahoo.com ...
ABC led the story by reminding people of the dark day when the dow dropped 500 points in one day.
The invisible hand of Adam Smith: Supply and Demand
When the Dow broke a milestone during the Clinton years, he got to start dating again.
The brainwashing has reached the bleach cycle...
The American media: fighting 100% for leftist causes even if it means distorting facts.
In other news today, Newspapers managed to stay in business despite declining readership and non-existent journalism standards.
I KNOW!! I was just gonna post that! They changed it again to make SURE you knew that there was evidence of a weakening economy!!
MAN... We're witnessing some good manipulation going on here!
. . . Wall Street managed to hold on to gains despite concerns about the strength of the economy.
This is sort of like saying that the Pittsburgh Steelers won the Super Bowl last year despite concerns that there were at least a dozen teams in the NFL better than them.
Or like saying that it was 75 degrees in New York yesterday despite concerns that it really should have been 62.
Soft Landing of what??? Falling after hitting your head on the ceiling??
I talk with very few liberals, but I did hear one say this last week. The extreme irony of his position is that we were traveling in a car with 3 other people, on our way to a fully packed casino.
I couldn't help but comment on the size of the crowd. The liberal's conservative father laughed his butt off and gave me a big kiss for aggravating his son.
despite concerns over the strength of the economy
to
fresh data that pointed to a weakening economy
to
despite new evidence of a weakening economy
Next up:
despite the economy collapsing all around us
Yeah... That's the ticket!
So did Cavuto!
LOL. That's what we need, real hard data. Housing prices go up and down, but overall for the past 30 years, the prices are up. Real estate appreciation is a fact. There are other variables including location and local real estate markets. My properties in Scottsdale and Northern Virginia have gone up significantly over the past five years and there is no prosect that they will return to 2001 levels.
Yep, the economy is in shambles for the New York Times and fellow liberal elites. Today the Dow is at record highs but the New York Times profits are down 39 percent. Gas is down about 75 cents per gallons here in Central Florida but Air America is filing for bankruptcy. Unemployment is at record lows but NBC Universal has given notice that its cutting about 700 jobs. Its seems that the only drag on this booming economy is the squealing of the liberal media.
But, when Clinton was President didn't it have something to do with it then?
My neighbor who bought her house in 1967 was asking 25 times what she paid and could only get 21 times what she paid.
you have aptly summed up the economy....let us all hoe it continues!!!
Like that scene from the Wedding Crashers:
"You shut your mouth when your talking to me!"
The thing that kills me is the people that haven't figured it out yet, and that's TOO MANY!
Yep, just like when I owned a stock and it shot way up and then it dropped 10% and I kept trying to get my broker to sell it for the previous high and nobody would buy it so I knew the economy had crashed.....
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