Dow hits all-time high, again (18,668.44)

[brooklynite]

http://finance.yahoo.com/quote/%5EDJI?ltr=1

Remember when a Presidential candidates said to get out of the market?

[nolabear]

1. Thanks, Obama!

If he's going to tank the economy he'd better throw his back into it.

[closeupready]

2. It's a good direction to go, but that's about 1%.

If it did that every day, happy days would be here again, but it goes up 1%, goes down 5%, goes up 3% ... I don't make decisions on short term returns.

But K&R anyway.

[True Dough]

3. I've been eyeing a stock that would make a good swing trade

But I'm reluctant to take a position until there's a correction. Any significant world event could trigger a pull back. We're probably due for a 10 to 15% haircut sometime soon.

[Bonx]

4. I thought brexit had ruined the world financial mkts ?

[Warpy]

6. I told people that the only ones who would get hurt were the Chicken Littles

who were convinced the world was going to end and sold at a loss. Panic is the worst reason to make any decision, especially a financial one.

However, except for that one big dip, the market has been essentially flat for over two years, 18,000 plus or minus 500 DJIA. Once again, a rapid inflationary period in the market is over, with no more easy paper profits to be made, only profit from sucking a little out of every trade made via HFT computers at hedge funds.

People who own pounds are still in trouble, the pound having recovered slightly after The Big Dump but now easing slowly downward again.

If the plutocracy wants to get into positive numbers again instead of holding steady, they're going to have to give America a raise, boosting demand and thus boosting their dividends. Otherwise, we're going to stay in a holding pattern until the whole business crashes again.

[aaaaaa5a]

5. That darn Muslim, Socialist, Constitution burner is at it again.

It's a shame what the Obama administration has done, given how wonderful everything was when he took office.


Thank goodness we have had a GOP Congress to stop some of his initiatives. Without their efforts, just think of how bad things would be then?

Obamacare is clearly killing more jobs and opportunity on Wall Street. The Obama's just don't love America.

Damn anti-white, country hating, terrorist!

[uponit7771]

7. whoa...