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Posted: 1/9/2006 9:34:32 AM EDT
here
i been waiting for this for the last year and a half! i don't know why, but this has seemed like the holy grail to me ever since 9/11 caused the economy/dow to plummet. we are now OFFICIALLY back to where we were before 9/11...  well, seemed like a big deal to me... |
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Posted: 1/9/2006 9:35:23 AM EDT
[#1]
Go post count go!
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Posted: 1/9/2006 9:35:43 AM EDT
[#2]
economy good?
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Posted: 1/9/2006 9:35:44 AM EDT
[#3]
About time.
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Posted: 1/9/2006 9:36:41 AM EDT
[#4]
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Posted: 1/9/2006 9:37:02 AM EDT
[#5]
Sweet.
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Posted: 1/9/2006 9:44:32 AM EDT
[#6]
Sweet!
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Posted: 1/9/2006 9:45:02 AM EDT
[#7]
it clintons fault
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Posted: 1/9/2006 9:46:05 AM EDT
[#8]
Me too- I had high hopes we'd be over 11,000 this time last year but it never happened. That's GREAT news! I don't know why, it was kind of a "grail" to me too - and I'm not even that big of an investor. I just wanted the economy to be strong. |
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Posted: 1/9/2006 9:46:52 AM EDT
[#9]
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Posted: 1/9/2006 9:47:44 AM EDT
[#10]
gas should go up more now. Why. Cause the economy is good
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Posted: 1/9/2006 9:48:40 AM EDT
[#11]
You know... I knew something was different when I woke up this morning. I could just FEEL it!
 ~Dg84 |
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Posted: 1/9/2006 9:48:51 AM EDT
[#12]
More importantly, the NASDAQ and S & P 500 are also up a respectable amount.
Don't forget, the DOW is made up of only 30 BIG Industrial companies, and doesn't always reflect the state of the stock market in general. |
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Posted: 1/9/2006 9:50:55 AM EDT
[#13]
the 401k looks alot better too
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Posted: 1/9/2006 9:52:38 AM EDT
[#14]
My apologies. I did some buying shortly after 09-11.
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Posted: 1/9/2006 9:52:58 AM EDT
[#15]
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Posted: 1/9/2006 9:55:15 AM EDT
[#16]
lol the dupe of this thread was locked in 1:27. Lordtrader is on his game today.
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Posted: 1/9/2006 10:06:05 AM EDT
[#17]
but the dow is pretty indicative, don't you think? especially along with the s&p and nasdaq. |
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Posted: 1/9/2006 10:10:07 AM EDT
[#18]
The DOW is one of the worst barometers of market activity due to its sample size of 30 companies. The DOW is currently trading at its historic high, whereas the S&P is 18% off its high and the NASDAQ is over 45% off its historic highs.
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Posted: 1/9/2006 10:18:38 AM EDT
[#19]
+1 there are several indicators of the state of the economy, and the DOW is just one. If you take in to account the rest of them, we are still below where we were pre-9/11. |
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Posted: 1/9/2006 10:28:08 AM EDT
[#20]
Help me out: What are the other indicators if the DOW isn't a good one... TIA (and I'm not being a wiseacre). |
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Posted: 1/9/2006 10:38:45 AM EDT
[#21]
Not really, there's a whole method to it called Dow Theory that works remarkably well. www.dowtheoryletters The Dow is kind of a throwback to when the economy and the number of publicly traded stocks was smaller. Of course the NASDAQ is going to be at much lower levels, but that reflects rational reality, the past levels you're comparing present levels to didn't. |
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Posted: 1/9/2006 11:06:16 AM EDT
[#22]
Weather's nice, too. Sunny, 50s. Ahhhhh..... 
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Posted: 1/9/2006 11:50:27 AM EDT
[#23]
YEEEEEEHAAAWWWWW!!!!!!
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Posted: 1/9/2006 11:54:36 AM EDT
[#24]
unemployment,new jobs, housing, interest rates, the other markets(NASDAQ,S&P),trade deficit/profit,etc. |
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Posted: 1/9/2006 12:06:28 PM EDT
[#25]
With the exception of the trade deficit, aren't the rest of the things you listed doing quite well? |
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Posted: 1/9/2006 12:45:02 PM EDT
[#26]
yay! my 401K is up 3.1% as of close of business Friday, I predict I'll be up 3.5% for the YEAR (which is less than 10 days old
 )
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Posted: 1/9/2006 12:54:25 PM EDT
[#27]
What a great day in my portfolio. I think I might cash some out to buy a shiny toy
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