Massive Stock Market Rally Today!!!!!

04/18/06 | Misterrob

[misterrob]

Life is good!!!

Dow --11,268 + 194.99

S&P --1.307 + 22.32

NASDAQ --2,356 + 44.98!!!!!

[Mo1]

Ahhhhhhhhhhhhhhh ... that I understand :0)

[misterrob]

Once a month would be fine with me. That would put you up 25% year over year.

[durasell]

I'm asking in good faith: Is there any practical purpose to a Hummer in a normal/typical American town?

[billhilly]

"The real reason for the market rally today is that there is a rumor going around that China's President Hu is going to announce a major revaluation of the Yuan when he meets with President Bush while both are here in primetime."

And the market has one of it's better days on a rumor?

[Beagle8U]

We need to keep this ball rolling in the right direction now that fuel costs are going up.

California, Washington State, and Oregon need to mandate some new fuel additive, ( rodent hair?), anything to keep the costs going up.

Not since the days of the peanut farmer have there such options to screw with the economy over fuel costs.

[roaddog727]

Yeah, the H2 is pretty nice when they're decked out. A friend of mine has one. sweet ride.

[durasell]

And the market has one of it's better days on a rumor?




The market has had good days on a clever joke that circulated. (I'm kidding)

[Cobra64]

Lousy economy.

[kanawa]

When fuel prices are high, overall demand for just about every product and service diminishes.

When overall demand for just about every product and service diminishes, isn't that called a recession?

[Mo1]

Thank you for explaining

[Pukin Dog]

Is there any practical purpose to a Hummer in a normal/typical American town?

Just one. It is a constant obscene gesture aimed at liberals. I'm trying to get a bumper sticker made that says "As you read this sticker, I just burned another gallon."

[durasell]

Thanks. I thought there was something I was missing with them.

[markman46]

and the OC is not to far behind SD in Gas prices!!

[ml/nj]

A full tank cost me $39.00!

I'm curious.

How does this compare to what is taken out of your paycheck for Social Security? At least you got something for your 39 bucks.

ML/NJ

[RetSignman]

( I would put an extra tax on little toy cars now)

What about someone like me who invested in a Geo for running around town and a van for traveling. Why should I share the pain because I thought ahead to days like this?

[CROSSHIGHWAYMAN]

I drive a Saturn VUE and on Sunday, I filled it up in Wausau Wisconsin. A full tank cost me $39.00! And I was pumping regular gas only. The sticker shock definitely hit me. So, I beat up the clerk and drove away w/o paying. OK, I lied about the last part! But the sticker shock did really hit home.

I live next door to a gas station.

Last year I pretended to drill a new well but actually drilled sideways into the station's largest tank.

Now I get free gas twice a week.

[The Wizard]

bttt

[Beagle8U]

"What about someone like me who invested in a Geo for running around town and a van for traveling. Why should I share the pain because I thought ahead to days like this?"

You should feel the pain because Owl Gore wanted you to, no pain no gain, and the gain will be when nobody can afford to drive anything, and spotted owls will once again rule the earth./ sarc.

[Moonman62]

The real reason for the market rally today is that there is a rumor going around that China's President Hu is going to announce a major revaluation of the Yuan when he meets with President Bush while both are here in primetime.

The PPI came in low this morning. That is related to possible future Fed action, and it was the reason for the rally today. You're right that the reason given for rallies is usually nothing more than a Ouija board type guess.

[Moonman62]

True, high oil prices are GREAT for the markets,

No they aren't.