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U.S. stocks higher; S&P 500 at best level in nearly 6 years (NEW DOW HIGH, NASDAQ 6 YEAR HIGH)
Marketwatch ^ | 10/26/06 | By Mark Cotton

Posted on 10/26/2006 1:13:14 PM PDT by RogerWilko

NEW YORK (MarketWatch) -- U.S. stocks were on the rise late in Thursday's session, after a fresh batch of earnings reports led by Exxon Mobil Corp., Dow Chemical, Comcast Corp and others lifted the S&P 500 Index to its best level in about six years. ADVERTISEMENT

With less than an hour of trade left, the Dow Jones Industrial Average, meanwhile, was on track to close at a record for the fourth straight session, while the Nasdaq Composite flirted with six-month highs.

(Excerpt) Read more at biz.yahoo.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: dow; nasdaq; sp500; stocks; thebusheconomy; wgids
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To: RogerWilko

21 posted on 10/26/2006 1:51:17 PM PDT by petercooper (Polls Schmolls.)
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To: RogerWilko

bttt


22 posted on 10/26/2006 1:54:19 PM PDT by 1035rep
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To: evad
"My 401 thanks you :-)"

I guess you didn't buy 6 years and a day ago.
23 posted on 10/26/2006 1:58:15 PM PDT by ndt
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To: ndt

Sour grapes?


24 posted on 10/26/2006 2:21:10 PM PDT by Ernest_at_the_Beach (History is soon Forgotten,)
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To: Cage Rattler
Nasdaq near its highs? I think not

I didn't say the Nasdaq was near it's high, I said near it's 6 year high! The last time it closed higher than 2379 was 16 Feb 2001, according to the chart I was looking at.

It closed at 2425 that day, then it was ALL downhill from there!

25 posted on 10/26/2006 2:21:41 PM PDT by RogerWilko
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To: RogerWilko

We have an aging population - this is what the Pubbies don't get ...

26 posted on 10/26/2006 2:29:34 PM PDT by 11th_VA
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To: RogerWilko

Anyone got the clip of Dick Gebhart bragging back in 2002 how every 100 points the DOW went down was another Democrat Congressional Seat pick up?

Wonder what Dicky would say today?


27 posted on 10/26/2006 2:34:59 PM PDT by MNJohnnie (EeevilCon, Snowflake, Conservative Fundamentalist Gun Owning Bush Bot Dittohead reporting for duty!)
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To: RogerWilko

I remember reading about a study of the last 100 years' Presidential elections, in which the overall movement of the Dow was an almost 100% accurate predictor of the winner(IE: If the movement was up, the party in power stayed in power and vice versa). I don't know if this in any way applies to offyear elections, but if it does, we would seem to be in good shape.


28 posted on 10/26/2006 2:44:40 PM PDT by Marathoner
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To: ndt
I guess you didn't buy 6 years and a day ago.

Ugh. The bursting of the Clinton Bubble.

Yeah.. I was in it then, and I took a hit but not a bad one.

29 posted on 10/26/2006 2:52:44 PM PDT by evad
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To: RogerWilko

Sorry to soil the party, but NASDAQ still has ways to go before it reaches its all time high of over 5000. It isn't even half-way there.

I'm not holding my breath in the meantime.


30 posted on 10/26/2006 3:09:32 PM PDT by SirLinksalot
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Democrat news headlines :"President Bush responsible for causing mental instability in people who are so confused about increased amouints of money in their pockets that they don't know what to do- Impeach Bush"

Christian news and commentary at: sacredscoop.com ...

31 posted on 10/26/2006 5:20:33 PM PDT by CottShop (http://sacredscoop.com)
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To: RogerWilko
For a new DOW Record and just about 6 year highs for the S&P 500 and Nasdaq, they sure didn't shout too loud, did they?

Indeed, they made the headline sound like the Dow wasn't at an all time high, just "U.S. stocks higher; S&P 500 at best level in nearly 6 years" -

"higher" should have been "highest" - and they know it. They are choking on this. thinly disguised twist to make people think - "since Clinton" -

I spent many years in the newspaper business - and published and edited.

This crap makes me steam from both ears/

32 posted on 10/26/2006 5:30:08 PM PDT by maine-iac7 ("...but you can't fool all of the people all of the time." Lincoln)
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To: RogerWilko

...but...but...I did't see or hear this mentioned in the MSM?!?! Probably just one big oversight on their part. I can only imagine that if Kerry had been elected and the markets were doing the same thing (never would happen), the MSM would have a ticker tape parade for him every day!


33 posted on 10/26/2006 6:56:34 PM PDT by Constitutional Patriot (Socialism is anti-American, and Democrats are socialists!!!)
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To: RogerWilko

Nobody else has said it yet on this thread, but it needs to be said.

BUSH's FAULT.


34 posted on 10/26/2006 7:14:23 PM PDT by Axhandle
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To: evad
"R-O-V-E-----B-U-S-H-----C-H-E-N-E-Y My 401 thanks you :-)"

LOLOL! Yeah, my kids are watching their 401 just keep cranking out the daily increases. Sad...don't they know it's all BUSH'S fault??

35 posted on 10/26/2006 9:40:05 PM PDT by redhead (Valley Trash: The beer of champions!)
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To: SirLinksalot; Alberta's Child; LS; petercooper; Milhous; george76; SierraWasp

"Sorry to soil the party, but NASDAQ still has ways to go before it reaches its all time high of over 5000. It isn't even half-way there.

I'm not holding my breath in the meantime."

Nice try there, but this bs is getting very old.

'The Nasdaq index peaked at an intra-day high of 5,132.52 on March 10, 2000, which signaled the beginning of the end of the dot-com stock market bubble. (Wickipedia)'

Only the gloomers and doomers try to compare the Clintoonian Nasdaq made up of the most part by dot comers that never had a product, nor a service nor a profit with today's Nasdaq. Those weren't companies for the most part, they were Arthur Andersen accounting shams posing as Nasdaq companies.

The companies in today's QQQQ have real products, real services and make profits versus the Rat.com companies of the Clintoonian 1990's to 2000.

Doomers and Gloomers working for George $oreA$$ need a new whine. This so called comparison of the 2000 bubble busting Nasdac to today's is very old and is pure BS.


36 posted on 10/26/2006 11:05:00 PM PDT by Grampa Dave (There's a dwindling market for Marxist Homosexual Lunatic wet dreams posing as journalism)
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To: redhead
"Sad...don't they know it's all BUSH'S fault??"

Heh..yeah.

They probably think it's that silly financial advisor, you know, the one that can't even beat the S&P500.

37 posted on 10/27/2006 4:13:11 AM PDT by evad
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To: RogerWilko
Paper assets have gone nowhere since 2001.

If you don't want to be left behind, get into hard assets.

Paper assets are so yesterday.


BUMP

38 posted on 10/27/2006 4:26:19 AM PDT by capitalist229 (Get Democrats out of our pockets and Republicans out of our bedrooms.)
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To: SirLinksalot
The NASDAQ probably won't get back to that level for at least another 15 years.

You're not soiling the party, either. Anyone who got screwed when the NASDAQ collapsed was clearly over-exposed to high-risk stocks that any investor with even a modicum of financial sense would have stayed away from.

Yes, my technology-oriented mutual funds lost about 65% of their value in 2000. But since they only comprised about 15% of my portfolio it wasn't such a big deal. And anyone who has been dollar-cost averaging for the long term has been able to take advantage of ups and downs in that market anyway.

39 posted on 10/27/2006 6:21:18 AM PDT by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: Grampa Dave
Shhhhh. Don't tell anyone :


40 posted on 10/27/2006 7:12:32 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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