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Dow Closes at Six Year High, According to CNBC and MSN Money
CNBC, MSN Money ^ | 4/20/06

Posted on 04/20/2006 1:40:55 PM PDT by Stajack

The Dow was up 64.12 today, closing at 11,342.89. CNBC and MSN Money reported that the previous high close was 11,337.92, in January 2000. Today's close was a six-year high for the Dow (rather than the five year high reported by Reuters).

(Excerpt) Read more at articles.moneycentral.msn.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: djia; dow; dow10000; economy; lemingstoslaughter; stockmarket
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1 posted on 04/20/2006 1:40:59 PM PDT by Stajack
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To: Stajack
But, but gas is $3.00 a gallon and it's Bush's fault. sarc
2 posted on 04/20/2006 1:43:14 PM PDT by tobyhill (The War on Terrorism is not for the weak.)
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To: Stajack

Bush's fault.

Worst economy since Hoover.

Bubble.

All burger flipping jobs.

Illegals.

Fake but accurate.


3 posted on 04/20/2006 1:43:15 PM PDT by D-Chivas
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To: Stajack

...making it more difficult for the poor, and women, to buy a share of stock...


4 posted on 04/20/2006 1:46:29 PM PDT by Jack Wilson
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To: Stajack
Glad I didn't buy any stock in PLAY today. Apple really killed that company.
5 posted on 04/20/2006 1:46:39 PM PDT by July 4th (A vacant lot cancelled out my vote for Bush.)
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To: D-Chivas

Six year high. That would include one of Bubba's years.


6 posted on 04/20/2006 1:46:56 PM PDT by massgopguy (massgopguy)
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To: Stajack

Bush has done a great job with the economy, but until the Dow makes new all-time highs I'm still assuming this is a very impressive bear market rally.


7 posted on 04/20/2006 1:47:22 PM PDT by lfod1776
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To: Jack Wilson
correction to previous post:

...making it more difficult for the poor, and minorities, and women, to buy a share of stock...

8 posted on 04/20/2006 1:47:47 PM PDT by Jack Wilson
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To: Stajack

Nice. The DJIA closed at 11,342.89 on Thursday afternoon, a new six-year high, going back to January 2000. My IRA and portfolio are loving this action.

Yeah sure, demokkkRATs: the economy sucks.


9 posted on 04/20/2006 1:48:05 PM PDT by butternut_squash_bisque (The recipe's at my FR HomePage)
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To: Stajack

I wonder how much folks could have made if they were allowed to invest part of their social security into the stock market ?


10 posted on 04/20/2006 1:48:38 PM PDT by Mo1 ("Stupidity is also a gift from God, but it should not be abused." Pope John Paul II)
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To: massgopguy
Six year high. That would include one of Bubba's years.

EXACTLY. Makes me wonder if that's why Reuters reported "5-year high".

11 posted on 04/20/2006 1:49:55 PM PDT by Stajack
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To: Mo1

Excellent point!


12 posted on 04/20/2006 1:52:19 PM PDT by CAluvdubya (What's so hard to understand about the word illegal?)
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To: Stajack
A person on another board noted that speculation in penny stocks is at an all-time high (over 4 times the rate in early 2000).

When that junk gets so much activity, the end of the rally is near.

13 posted on 04/20/2006 1:53:36 PM PDT by steve86 (Acerbic by nature, not nurture)
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To: Mo1
Wonder how much folks could have made if they were allowed to invest part of their social security into the stock market?

Well, we both know it would be more than the measely 1-2% ROI they'll be getting from Social Security (if it doesn't go bankrupt).

14 posted on 04/20/2006 1:54:25 PM PDT by Stajack
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To: Mo1

I wish all of my SS deductions went straight into my 401(k). Year after year, it does way better than the 1% or 2% earned on SS funds.


15 posted on 04/20/2006 1:58:01 PM PDT by Cecily
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To: BearWash
A person on another board noted that speculation in penny stocks is at an all-time high (over 4 times the rate in early 2000). When that junk gets so much activity, the end of the rally is near.

Is that right? Guess, we'll just have to wait and see. But there's NO DOUBT we're humming right now.

16 posted on 04/20/2006 1:59:00 PM PDT by Stajack
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To: butternut_squash_bisque

My portfolio has never recovered....

:-(


17 posted on 04/20/2006 1:59:55 PM PDT by misterrob (Teach a Liberal to think for himself and he'll vote Conservative for the rest of his life.)
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To: misterrob

One report by the MSM and then they will bury the story.


18 posted on 04/20/2006 2:05:03 PM PDT by Parley Baer
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To: Stajack
Orange Juice is $6.99/ gallon

WE'RE ALL GOING TO DIE BY BUSH'S HAND!

/sarc

19 posted on 04/20/2006 2:08:51 PM PDT by RushCrush (Just another bleating sheep from the Amen corner)
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To: misterrob

"My portfolio has never recovered..."

Know when to hold them...know when to fold them. Sometimes it's hard to sell when your down 20%, with eternal hope that things will turn around. Next thing you know your are down 50%


20 posted on 04/20/2006 2:09:33 PM PDT by DAC21
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