Dow hits highest close since 2001

Reuters via Yahoo! News ^ | January 6, 2006

[ez]

clinton left Bush with a Dow around 8500, because he pillaged Microsoft. I don't see why clinton gets credit for "a great economy" while Bush gets none.

[Frank_2001]

This is Bush's fault!:)

[pissant]

The facts after 3 years of growth have finally forced the MSM to grudgingly accept that the economy is doing very well.

It will take another year of successes before any MSM publication grudingly admits that we are doing awesome work in Iraq.

[HEY4QDEMS]

11000 is like the steel curtain.

[Past Your Eyes]

I've been waiting for it to get to 11K so I can sell.
";^)

[Pessimist]

"11000 is like the steel curtain"

It sure has seemed that, hasn't it.

I think how it acts immediately after breaking that barrier will be telling in terms of investor sentiment for the short to mid term.

Of course, when it comes to investor sentiment, the inverted yield curve might be telling enough.

[GeorgeW23225]

Mark my words...........

A year from today, we'll be talking about Dow 12,000

Remember, you heard it here first!! :-)

[michaelbfree]

actually.....12,000 perhaps by Springtime....breakouts of all indexes across the board...Russell, S&P, NAZ, and the Dow today. I tell you, the end of last week I was pretty depressed. No actually, it was Tuesday morning when the NAZ traded down to 2195 - what a difference a week makes, I mean WOW! - Great Week!!!

[conservative in nyc]

clinton left Bush with a Dow around 8500, because he pillaged Microsoft.

That's not true. The Dow closed at 10587 on January 19, 2001, Clinton's last business day in office. The Dow broke the 11,000 level in May 2001, and didn't decline below the 9,000 level until after September 11. It was around 10,000 in August 2001.

Clinton did leave President Bush with a NASDAQ bubble that was already popping. The irrational 5,000 NASDAQ high was in March 2000, and the NASDAQ had lost nearly half its value by January 19.

[SouthTexas]

More bad news for the rat party!

[GeorgeW23225]

I agree, although I think springtime for Dow 12,000, may be a little soon.

I also envision that once the 11,000 barrier is broken, that eventually (after some profit taking) all hell will break loose, with Naz hitting over 3,000 this year, and the S & P breaking thru 2,000.

2006 will be a good year....a VERY good year!!

[goresalooza]

More gloom and doom for the PUG-ressives.

GO BUSH!!!!!!!! GO AMERICA! Thank GOD for investors!

[GeorgeW23225]

Go ahead and spoil the party by selling :-)

Seriously, invest, invest, invest!!

This is going to be one helluva fun ride in 2006!!

[Signalman]

The DJIA will reach 14,000 by August of this year.

[Recovering_Democrat]

Tom Daschle is saddened, deeply saddened.

[GeorgeW23225]

Right you are!!

GO "W" GO!!!

[GeorgeW23225]

Do you really think so??? WOW!!

[GeorgeW23225]

ROTFLMAO!!!