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View Full Version : Dow industrials hit new 52-week high



Roger Perry
11-09-2009, 01:12 PM
Investors were also buying stocks on growing confidence about the global economic (http://www.msnbc.msn.com/id/3683270/ns/business-stocks_and_economy/#) recovery, getting a shot of optimism from news this weekend that the Group of 20 countries will keep stimulus measures in place. Investors saw the agreement as a signal that interest rates would remain low. Major stock indexes rose more than 1 percent, including the Dow Jones industrial average, which rose 150 points.

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• DJIA (http://www.msnbc.msn.com/id/31260763/ns/business-markets?q=I:DJI)10173.21+149.79http://www.msnbc.msn.com/images/msnbc/pfp/arrowUp.gif+1.49%• NASDAQ (http://www.msnbc.msn.com/id/31260763/ns/business-markets?q=I:COMP)2143.12+30.68http://www.msnbc.msn.com/images/msnbc/pfp/arrowUp.gif+1.45%• S&P 500 (http://www.msnbc.msn.com/id/31260763/ns/business-markets?q=SPX.X)1086.18+16.88http://www.msnbc.msn.com/images/msnbc/pfp/arrowUp.gif+1.58%

Steve Amrein
11-09-2009, 01:33 PM
Is that Bush's fault too ;-)

ducknwork
11-09-2009, 01:38 PM
Of course not. His hero deserves all the credit for the total and complete recovery of the stock market.:rolleyes:

Roger Perry
11-09-2009, 01:39 PM
Is that Bush's fault too ;-)

It could mean that Obama economics is starting to lift our country out of the ressession slump it has been in. But there is still a long way to go for recovery,

aandw
11-09-2009, 01:43 PM
what "obama economics" are you referring to?

ducknwork
11-09-2009, 01:46 PM
It could mean that space aliens have invaded wall street.
It could mean that their is a computer glitch and we are actually -10,000.
It could mean that the economy is following a natural cycle.
It could mean that Christmas is coming.
It could mean that it should have happened months ago, but O economics slowed it down.
It could mean that it's going down tomorrow.
It could mean that the puppeteer is pulling strings on wall street.
It could mean NOTHING AT ALL until jobs and confidence come back.


Coulda woulda shoulda regards,

ducknwork
11-09-2009, 01:47 PM
what "obama economics" are you referring to?

Spending your great grand children's money.


YOU CAN'T SPEND YOUR WAY OUT OF DEBT.

Pals
11-09-2009, 01:52 PM
big deal....as was pointed out to me two weeks ago-'one day doth not a market make'.

Unemployment continues to grow, the dollar is weak and getting weaker and golly gee everyone is so darn optomistic about our economic future. We are facing one of the worst grain harvets in decades, fuel prices will spike thanks to the very large demand to dry the grain. I have customers already being cut off of propane, so the grain will rot. It will be a ripple effect in fuel costs and food costs.

Anyone seen the price of gold today--interesting isn't it.

But hey Roger--put all your $$$ in the market and let me know how its going when reality sets in and this pathetically weak "recovery" and anemic economy collide with the gubs brand spanking new spendulous 'health care plan' or lets call it what it really is: a socialist takeover.

Uncle Bill
11-09-2009, 05:00 PM
As posted elswhere....Tell us Roger, how's those unemployment numbers showing up? Since you are so mathematically excited about the 52 WEEK HIGH ...count the weeks since the unemployment numbers were this high.

Oh I forgot. Hypocrites like you are only concerned when YOUR ox is being gored. You couldn't give a FRA about the unemployed, as long as YOU are again making money in the stock market.

UB

Franco
11-09-2009, 08:26 PM
The current administration is great with smoke and mirrors. They'll say how great they are doing all the way to mid-term elections and many will beleive them!

M&K's Retrievers
11-09-2009, 09:24 PM
I guess Roger is busy counting his money. It's gonna be funny when he wakes up.

badbullgator
11-09-2009, 09:30 PM
Eh....Roger doen't work either so I don;t think he knows about unemployement....

Martin
11-09-2009, 09:59 PM
Hey. Franco changed his avatar. Go
saints. 8-0. On the lighter side ......

Martin

Franco
11-09-2009, 10:14 PM
Hey. Franco changed his avatar. Go
saints. 8-0. On the lighter side ......

Martin

I'm in a pool and picked them to go 13 - 3 back in August. They should treat the next two games as pre-season games and only play thier starters the first quarter. Kind of a mid-season rest since the bye came after week four, the starters need some rest. Besides, I don't think it would be good to go 16 - 0, too much pressure in the playoffs. They just need to stay one game better than the Vikes to wrap up homefield through the playoffs.:cool:

Marvin S
11-09-2009, 10:44 PM
I'm in a pool and picked them to go 13 - 3 back in August. They should treat the next two games as pre-season games and only play thier starters the first quarter. Kind of a mid-season rest since the bye came after week four, the starters need some rest. Besides, I don't think it would be good to go 16 - 0, too much pressure in the playoffs. They just need to stay one game better than the Vikes to wrap up homefield through the playoffs.:cool:

Franco, Is this one of those alternate investments, not only do you make a little dough, you also get a little enjoyment. UB shines his AU.

Anybody that thinks Obongo is responsible for this surge is smoking a little too much hemp. This surge is caused by a good dose of entrepeneurship & has 0,000,000,000 to do with any political BS. Entrepeneurs take what they are dealt & make lemonade out of it. IMO

But when 10K was announced a couple of weeks ago I went back through my records. Without adding any new funds, in fact taking all dividends & interest for living expenses & paying the portfolio's share of taxes, the portfolio is twice as big as when it crossed 10K 10 1/2 years ago. BTW, that's a return of nearly 11% a year, which is not bad for an amateur. So I'm a believer in the market even though there are a few rough spots on occasion.

M&K's Retrievers
11-09-2009, 11:07 PM
It could mean that Obama economics is starting to lift our country out of the ressession slump it has been in. But there is still a long way to go for recovery,

Idiot.....

Roger Perry
11-10-2009, 08:18 AM
I guess the right wing wacko's can see no good in anything Obama has done to try and boost the economy so they resort to name calling and insults. Figures.

M&K's Retrievers
11-10-2009, 08:47 AM
I guess the right wing wacko's can see no good in anything Obama has done to try and boost the economy so they resort to name calling and insults. Figures.

You cannot point to a single thing that Obama has done that has helped the economy in the short term and certainly not in the long term. Don't use your standard "Bush's Fault" answer. It's no longer his turn. It's Obama's and he will surely pay in 2010 and 2012 as he surpasses even Carter as the worst president in history.

ducknwork
11-10-2009, 10:26 AM
Roger, please explain how spending borrowed money can get you out of debt. I am all ears. If you can make this make sense to me, I am going home today and informing my wife that I will be buying a new duck boat tomorrow.

Roger Perry
11-10-2009, 10:26 AM
You cannot point to a single thing that Obama has done that has helped the economy in the short term and certainly not in the long term. Don't use your standard "Bush's Fault" answer. It's no longer his turn. It's Obama's and he will surely pay in 2010 and 2012 as he surpasses even Carter as the worst president in history.


Sorry, GW Bush was by far the worst president in u.s. history...

Let's see, In January before Obama took office wasn't the DOW in the 7,000 range. Now it is 3,000 points higher. In 2008 wasn't gasoline close to $5.00 per gallon. Wasn't it in 2007 & 2008 that thousands of banks went out of business putting hundreds of thousands of people out of work, business's closing, houses going into foreclosure? And putting the Republican Congress out of the majority as well as not re-electing another republican president?

Should Obama and his staff turn the economy around (remember he still has 3 years to do so) you may see him in office for another 4 years after that.

ducknwork
11-10-2009, 10:41 AM
Sorry, GW Bush was by far the worst president in u.s. history...

Let's see, In January before Obama took office wasn't the DOW in the 7,000 range. I distinctly remember it tanking right after Obama was elected in November. That would make it real easy to improve upon.Now it is 3,000 points higher. In 2008 wasn't gasoline close to $5.00 per gallon. In 2009, there is no construction to eat up gas supplies, therefore demand and prices are lower. What has Obama done to lower prices of gas? Wasn't it in 2007 & 2008 that thousands of banks went out of business putting hundreds of thousands of people out of work, business's closing, houses going into foreclosure? What's different in 2009 other than unemployment being much higher than it was then? And putting the Republican Congress out of the majority as well as not re-electing another republican president? When was the last time that a president was elected that was the same party as his predecessor?

Should Obama and his staff turn the economy around (remember he still has 3 years to do so) you may see him in office for another 4 years after that. You are correct. If the economy turns around, whether by his doing or just part of a natural cycle, we will have 8 years of Obama.

I can't believe you just said all that. You live in a fantasy world.

M&K's Retrievers
11-10-2009, 08:18 PM
Sorry, GW Bush was by far the worst president in u.s. history...

Let's see, In January before Obama took office wasn't the DOW in the 7,000 range. Now it is 3,000 points higher. In 2008 wasn't gasoline close to $5.00 per gallon. Wasn't it in 2007 & 2008 that thousands of banks went out of business putting hundreds of thousands of people out of work, business's closing, houses going into foreclosure? And putting the Republican Congress out of the majority as well as not re-electing another republican president?

Should Obama and his staff turn the economy around (remember he still has 3 years to do so) you may see him in office for another 4 years after that.

You did exactly want I said you would do and that is blame Bush but you cannot name anything Obama has done and you will never be able to. The man is inept and his policies are ruining the country. As far as your continued Bush bashing, we were not attacked on our soil under Bush's watch which I think is kinda important. Last time I checked, the Dems had control of the Senate during the majority of Bush's term so I don't think he can be blamed for all of your woes. In fact you BS is lame. Get a grip.

Roger Perry
11-11-2009, 07:00 AM
You did exactly want I said you would do and that is blame Bush but you cannot name anything Obama has done and you will never be able to. The man is inept and his policies are ruining the country. As far as your continued Bush bashing, we were not attacked on our soil under Bush's watch which I think is kinda important. Last time I checked, the Dems had control of the Senate during the majority of Bush's term so I don't think he can be blamed for all of your woes. In fact you BS is lame. Get a grip.

How abut the world trade center twin towers. I guess that doesn't count.

Congress was controlled by Republicans for 6 years of the Bush presidential years, 2 years by Democrats. 2 years does not constitute a majority of years.

ducknwork
11-11-2009, 07:05 AM
How abut the world trade center twin towers. I guess that doesn't count.



But Obama isn't responsible for anything that has happened during his first year, right? I thought all of it was Bush's fault. Using that reasoning, wouldn't 9/11 be Clinton's fault?

M&K's Retrievers
11-11-2009, 08:18 AM
But Obama isn't responsible for anything that has happened during his first year, right? I thought all of it was Bush's fault. Using that reasoning, wouldn't 9/11 be Clinton's fault?

Way to go Ducknwork! I knew he was gonna say that too. You beat me to the punch. RP just hates for some reason and therefore has a convenient memory.

K G
11-11-2009, 09:29 AM
But Obama isn't responsible for anything that has happened during his first year, right? I thought all of it was Bush's fault. Using that reasoning, wouldn't 9/11 be Clinton's fault?

Roger knows 9/11 was Clinton's fault....he's never denied it every time it's been posted.

kg

Roger Perry
11-11-2009, 10:31 AM
Roger knows 9/11 was Clinton's fault....he's never denied it every time it's been posted.

kg

Well, I am denying it now:

The Out-of-TownerWhile Bush vacationed, 9/11 warnings went unheard.

By Fred KaplanPosted Wednesday, April 14, 2004, at 7:54 PM ET


http://img.slate.com/media/1/123125/123063/2093471/2098129/040414_Bush_Vacation.jpgMeanwhile, back at the ranch ...In an otherwise dry day of hearings before the 9/11 commission, one brief bit of dialogue set off a sudden flash of clarity on the basic question of how our government let disaster happen.



The revelation came this morning, when CIA Director George Tenet was on the stand. Timothy Roemer, a former Democratic congressman, asked him when he first found out about the report from the FBI's Minnesota field office that Zacarias Moussaoui, an Islamic jihadist, had been taking lessons on how to fly a 747. Tenet replied that he was briefed about the case on Aug. 23 or 24, 2001.
Roemer then asked Tenet if he mentioned Moussaoui to President Bush at one of their frequent morning briefings. Tenet replied, "I was not in briefings at this time." Bush, he noted, "was on vacation." He added that he didn't see the president at all in August 2001. During the entire month, Bush was at his ranch in Texas. "You never talked with him?" Roemer asked. "No," Tenet replied. By the way, for much of August, Tenet too was, as he put it, "on leave."

And there you have it. National Security Adviser Condoleezza Rice has made a big point of the fact that Tenet briefed the president nearly every day. Yet at the peak moment of threat, the two didn't talk at all. At a time when action was needed, and orders for action had to come from the top, the man at the top was resting undisturbed.
Throughout that summer, we now well know, Tenet, Richard Clarke, and several other officials were running around with their "hair on fire," warning that al-Qaida was about to unleash a monumental attack. On Aug. 6, Bush was given the now-famous President's Daily Brief (http://www.cnn.com/2004/images/04/10/whitehouse.pdf) (by one of Tenet's underlings), warning that this attack might take place "inside the United States." For the previous few years—as Philip Zelikow, the commission's staff director, revealed this morning—the CIA had issued several warnings that terrorists might fly commercial airplanes into buildings or cities.
http://www.slate.com/id/2098861/

ducknwork
11-11-2009, 11:35 AM
For the previous few years—as Philip Zelikow, the commission's staff director, revealed this morning—the CIA had issued several warnings that terrorists might fly commercial airplanes into buildings or cities.

So why did nobody act in the previous few years? The blame cannot be placed solely on any one person.

K G
11-11-2009, 12:04 PM
Well, I am dening it now:

What does it mean when you "dening" something?

Clinton let bin Laden escape when he had the opportunity to take him out. Take out bin Laden = no 9/11. That's easy math for even you, Roger....;-)


So why did nobody act in the previous few years? The blame cannot be placed solely on any one person.

That makes WAAAAY too much sense....but it does tell me that EVERYTHING that does wrong during BHO's watch should be attributed to him. Problem is, the "wrong" list keeps getting longer and longer...and he's not been President a year yet....:cool:

Dening regards,

kg

Roger Perry
11-11-2009, 01:16 PM
What does it mean when you "dening" something?

Clinton let bin Laden escape when he had the opportunity to take him out. Take out bin Laden = no 9/11. That's easy math for even you, Roger....;-)



That makes WAAAAY too much sense....but it does tell me that EVERYTHING that does wrong during BHO's watch should be attributed to him. Problem is, the "wrong" list keeps getting longer and longer...and he's not been President a year yet....:cool:

Dening regards,

kg

Kg, did you read the article? In it states Bush was told about an inevitable terrorist attack on U.S. soil but did nothing about it. Bush spent August on vacation at his ranch.

K G
11-11-2009, 02:14 PM
Roger, I don't know why you bother...."inevitable" covers a LOOOOOONG period of possible time.

Clinton could have stopped it. He didn't. He's culpable, too.

kg

Franco
11-11-2009, 03:19 PM
http://img.slate.com/media/1/123125/123063/2093471/2098129/040414_Bush_Vacation.jpg

Seeing this picture just makes me realize how much I miss Bush and Cheney!

Obama and Biden, leading us into the domestic & international toilets.

dnf777
11-11-2009, 03:28 PM
http://img.slate.com/media/1/123125/123063/2093471/2098129/040414_Bush_Vacation.jpg

Seeing this picture just makes me realize how much I miss Bush and Cheney!



A REAL cowboy....a ranch with no cattle, velvety soft manicured hands, and a $600 Niemann-Marcus Stetson hat! What's not to like? :p

road kill
11-11-2009, 04:31 PM
A REAL cowboy....a ranch with no cattle, velvety soft manicured hands, and a $600 Niemann-Marcus Stetson hat! What's not to like? :p
You know this....how??;)

dnf777
11-11-2009, 04:34 PM
You know this....how??;)

Prince Bandhar said so! You almost had me there! :D

Franco
11-11-2009, 07:37 PM
A REAL cowboy....a ranch with no cattle, velvety soft manicured hands, and a $600 Niemann-Marcus Stetson hat! What's not to like? :p

Got to like the way GW is rolling!:cool:

ducknwork
11-11-2009, 11:02 PM
A REAL cowboy....a ranch with no cattle, velvety soft manicured hands, and a $600 Niemann-Marcus Stetson hat! What's not to like? :p

Class envy...;)

JDogger
11-12-2009, 12:23 AM
I like the muhado hat. He could get a job here on a road construction crew, or maybe a bird boy, if he's gotta arm.

JD

ducknwork
11-12-2009, 03:47 PM
Back on topic...

It seems Wall Street is wary of the great one's (not Gretzky) recovery plan.

http://money.cnn.com/2009/11/12/markets/markets_newyork/index.htm

Robbie Coleman
11-12-2009, 11:45 PM
If liberals want to say that this 52 week high is because of Obama I hope that in the future when, and I hope they don't, things get worse they will blame Obama for his failures. I am tired of anything good at all happening being because of Obama and anything bad that happens being Bush's fault.

Goose
11-13-2009, 08:20 AM
Dear Leader begins his far east tour today...knee pads at the ready as he begs our creditors for more money.

M&K's Retrievers
11-13-2009, 08:57 AM
If liberals want to say that this 52 week high is because of Obama I hope that in the future when, and I hope they don't, things get worse they will blame Obama for his failures. I am tired of anything good at all happening being because of Obama and anything bad that happens being Bush's fault.

Trust me, it ain't gonna happen. They can't help themselves. It just goes with liberalism. It has to be someone else fault when things go bad and only they can fix it with government intervention and other people's money.

Robbie Coleman
11-13-2009, 03:56 PM
Sadly, I know