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Dow ends above 11,000 for first time in 18 months
AP on Yahoo ^
| 4/12/10
| Stephen Bernard and Tim Paradis - AP
Posted on 04/12/2010 2:02:15 PM PDT by NormsRevenge
click here to read article
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To: NormsRevenge
SUCKERS RALLY
2
posted on
04/12/2010 2:04:27 PM PDT
by
dubie
(The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.)
To: NormsRevenge
How soon before “The One” takes credit?
3
posted on
04/12/2010 2:04:29 PM PDT
by
Paisan
To: NormsRevenge
I might have to get in for this suckers rally.
Eat my Shorts, y'know? LOL
4
posted on
04/12/2010 2:04:29 PM PDT
by
Lazamataz
("We beat the Soviet Union. Then we became them." -- Lazamataz, 2005)
To: NormsRevenge
5
posted on
04/12/2010 2:04:37 PM PDT
by
CommieCutter
(..If you think about it they are all sucker rallies...the pros know when to get out...-- Hojczyk)
To: dubie
Or is this the impending mega-inflation hedge rally?
6
posted on
04/12/2010 2:05:27 PM PDT
by
KC Burke
(...but He has made the trains run on time.)
To: CommieCutter
Buy low, sell high. Works every single time it is tried.
7
posted on
04/12/2010 2:05:59 PM PDT
by
abb
("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
To: Paisan
How soon before The One takes credit?
He’ll take credit today and when it crashes he’ll blame
Bush.
8
posted on
04/12/2010 2:06:59 PM PDT
by
unkus
To: KC Burke
Yes. In case you haven’t noticed precious metals are closing in on record highs. If this were a real recovery, metals would be down. By the time the world ends in 2012, gold will have topped $2000.
9
posted on
04/12/2010 2:08:31 PM PDT
by
CholeraJoe
("And the pony looked a little bored...")
To: Paisan
IIRC, he said that he didn’t follow the day to day fluctuations in the market. /s
To: NormsRevenge
Europe is borrowing the loan money from China, who bought the money from us, and we got the money from the stimulus package, which was borrowed from our treasury, which borrowed the money from CitiBank, which was bailed out by the TARP fund, which was borrowed from Europe.
To: NormsRevenge
Means nothing.
Done on light volume after FASB changes allowing "mark to fantasy" in March 2009.
Watch the credit markets instead. They're still showing that our economy is in very bad shape, with reckless federal government spending being the only thing keeping us from realizing the depth of the depression that we're mired in.
People keep talking about inflation or hyper-inflation. They should be talking about major deflation and depression instead.
12
posted on
04/12/2010 2:13:41 PM PDT
by
politicket
(1 1/2 million attended Obama's coronation - only 14 missed work!)
To: politicket
I would say cycles of both hyperinflation and deflation (even devaluing currency).
13
posted on
04/12/2010 2:20:12 PM PDT
by
Thunder90
(Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
To: Thunder90
I would say cycles of both hyperinflation and deflation (even devaluing currency). There is absolutely no evidence for any form of hyperinlation - and the dollar index has been strengthening over the past number of months.
Watch for the dollar index to move into the 90's - and possibly break 100 as this all plays out...highly deflationary.
14
posted on
04/12/2010 2:24:59 PM PDT
by
politicket
(1 1/2 million attended Obama's coronation - only 14 missed work!)
To: NormsRevenge
Pssst!
(After we take the $500B out of the markets as planned, we'll put it back in gradually, inch by inch. No one will suspect a thing. Give it 18 months or so. That way no one connects the dots to our little October surprise.)
Brilliant!
15
posted on
04/12/2010 2:29:06 PM PDT
by
Canedawg
(I'm not digging this tyranny thing.)
To: NormsRevenge
The quiet rally before the back end of the huricane wall hits.....
16
posted on
04/12/2010 2:31:03 PM PDT
by
cranked
To: NormsRevenge
The Plunge Protection Team is working overtime.
17
posted on
04/12/2010 2:31:57 PM PDT
by
dfwgator
To: NormsRevenge
Does this mean the recession is over, and the stimulus, TARP, omnibus, Stimulus II (jobs bill) have saved us???? Yeah!!!! I can go back to sleep now with the rest of America!!! Man am I tired.....
18
posted on
04/12/2010 2:34:05 PM PDT
by
Anti-Hillary
(Yo Barry, IF FOR 20 YEARS YOU STAY IN THE PEW, IT'S BECAUSE YOU SHARE THE VIEW!!!!!)
To: Thunder90
I would say cycles of both hyperinflation and deflation (even devaluing currency). I would, too. I see gas prices going up, but I also see house prices dropping due not to any strength in the dollar, but to lack of demand.
I also see a lot of empty office space around where I work. That can't be helping commercial real estate prices.
19
posted on
04/12/2010 2:36:14 PM PDT
by
TwelveOfTwenty
(Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
To: politicket
Hey Brad, good to see you here. I’ve been in withdrawals from your daily newsletter. I know you’ve been busy, but am looking forward to seeing your email in my inbox soon!! :)
20
posted on
04/12/2010 2:41:01 PM PDT
by
American72
(Sick of Liberals)
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