Dow Close Second Highest Ever

Yahoo Finance , CNBC ^ | 5/9/06 | Yahoo Finance, CNBC

[Stajack]

The Dow was up 55.23 today, closing at 11,639.77. Today's close was the second highest ever for the Dow. The previous highest close was 11,582.43 on 1/13/2000. Today's close was also within 85 points of the all time Dow closing high, which was 11,722.98 on 1/14/2000. CNBC reports that the stock market got a late afternoon boost from the approval of tax cut extensions on Capitol Hill.

[Zeppelin]

***** That's BS. Maybe technology stocks, but if you don't think technology is advancing, you're asleep at the switch. *****

Speaking of switches, I think your sarcasm detector is turned off. =P

I'm about to graduate with a BSME at The University of Texas. I know where technology stands, and it is NOT a bleak future.

[farmguy]

Yeah it sucks all those American exports that will be more price competitive now.

Yeah, and it also makes that 2 billion a day the government is borrowing to stay afloat much easier to pay off in the long run!

[American Quilter]

Don't be surprised if it DOESN'T get reported.

Just like the Old Media don't report that the number of American soldiers and Marines killed in Iraq has decreased each month for the last six months. They're not interested in good (for the country) news.

[No2much3]

Not to appear as if I am wearing a tinfoil hat but...

This is the type of thing which drives the terrorists crazy, seeing our economy doing well. We are overdue for another attack on the US mainland. I worry about economic targets which if hit could cripple this country.

[American Quilter]

You know I can only get away with jokes like that because of my FR registration date....

I regret so much that I didn't discover FR until last year. I missed so many great threads!

[Purrcival]

Yep, judging from that chart, privatizing Social Security and allowing us to manage our own retirement funds would be a "risky tax scheme". /sarc

[Purrcival]

Yup, those tax cuts are a disaster. Full employment, 4.8% economic growth, 5.2 million jobs created since 9-11, the Dow at its second highest ever close.

Yeah, those genius history professors (who were just polled) and the staff at Rolling Stone and Barbra Streisand and Al Franken, et. al., are right: Bush really IS the worst president ever! /sarc

[Cyber Liberty]

Yes, I am afraid that it is turned off. I've always been just awful at that....

I try and close my sarcasm tags, myself....

/s

Glad you're getting a degree that will pay. I have great respect for that.

[concerned about politics]

I remember having to FReep by candlelight because there wasn't any electricity.

LOL!!!

[Recovering_Democrat]

ibbf??

[Recovering_Democrat]

YEAH, BUT WHAT ABOUT THE BORDER??
< \THREAD HIJACK>

[Recovering_Democrat]

Hoover economy.

[nopardons]

ROTFLMSOPIMP

[Recovering_Democrat]

I intend to jump head first from the New York Life Building in the morning. Anyone is welcome to join me 7:00am (Note: I have several t-shirts that say "It was the shitty economy, Stupid!" but only in size M and XXL)

LOL!! Now that's pretty good! :)

[nopardons]

:-)

[Recovering_Democrat]

[Enchante]

Ah, yes, I remember the days when a 486 and a 20MB hard drive was just insanely wonderful........

[Zeppelin]

hahaha no prob. but sarcasm tags are for amateurs! =P

and thank you very much for your kind words! (no sarcasm there!) =)

[Recovering_Democrat]

MSOPIMP

?

[RipSawyer]

remember when inflation was double digit?....remember when you couldn't buy a decent calculator for much under $100 ?.....how about...remember when vcr's and microwaves and cell phones were luxuries only the upper classes could afford?.....

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Yep, I remember all that, I also remember when minimum wage was $1.25 and that would buy lunch for two with change left. I also remember when $10,000. bought a decent new house and lot. I also remember buying a new V-8 Mustang for $3000.00. I also remember my father being very angry because the electric bill went over $8. one month. I also remember when most families in my area owned at least forty acres of land. I also remember when if someone had possessions you could expect that they were paid for.