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harry_pothead Donating Member (752 posts) Send PM | Profile | Ignore Wed Oct-14-09 12:23 PM
Original message
Dow breaks 10,000
Edited on Wed Oct-14-09 12:24 PM by harry_pothead
Source: http://www.google.com/finance?q=INDEXDJX:.DJI

10,001.58
+130.20 (1.27%)

Read more: Google Finance



What can I say. There it is, for what it's worth.
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ginnyinWI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:27 PM
Response to Original message
1. the market likes certainty.
Since this health care bill has left the committee, there is a degree of certainty now. The shoe has dropped, so people follow through with stock trades they were gonna make.
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tomm2thumbs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:35 PM
Response to Original message
2. Drudge Report is not having it !! (Matt Drudge closes eyes and hums loudly)
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thelordofhell Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:35 PM
Response to Original message
3. When Democrats are in charge, the stock market goes up
FACT
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:39 PM
Response to Original message
4. Hopefully that, together with the low inventories, will mean
JOBS
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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:42 PM
Response to Original message
5. And we still don't have a public heath care option. And we are still in Afghanistan.
n/t
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donco Donating Member (717 posts) Send PM | Profile | Ignore Wed Oct-14-09 12:50 PM
Response to Reply #5
10. It sucks going thru life
with the glass half full doesn’t it?
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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:58 PM
Response to Reply #10
12. You think so?
I wouldn't know.
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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:43 PM
Response to Original message
6. woo hoo , more bonus's for the big guys!! wow wee..n/t
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dhpgetsit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:43 PM
Response to Original message
7. I had to cash out my IRA yesterday to pay some debts.
I'm going to be very poor when I retire.
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postulater Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:45 PM
Response to Original message
8. Too bad that's not 10000 jobs.
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:45 PM
Response to Original message
9. I'm rich!
Wait... No I'm not.

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Crowman1979 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 12:51 PM
Response to Original message
11. Just another suckers rally.
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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 01:15 PM
Response to Reply #11
16. yepppppppp..so the big guys can cash out some more!! eom
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totodeinhere Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 01:02 PM
Response to Original message
13. That's good for Wall Street but not for Main Street.
The big boys on Wall Street are having their recovery. Good for them. But I don't think that the average person is seeing any recovery at all. Unemployment is way too high and it doesn't look like it will be going down anytime soon. This must be one of those jobless recoveries that we keep hearing about.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 01:12 PM
Response to Original message
14. compare this to the first time it broke 10k
which was during the dot-com boom, and you can see just how much market manipulation is going on.
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the other one Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 01:12 PM
Response to Original message
15. I hope you didn't blink or you missed it. K and U
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janx Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 02:24 PM
Response to Reply #15
18. I keep blinking, but it keeps going up!
It may well close over 10 K !

:rofl:
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jacko_be Donating Member (272 posts) Send PM | Profile | Ignore Wed Oct-14-09 01:49 PM
Response to Original message
17. nice and funny and dumb
As everyone surely knows by now, today the DOW reached the mythical 10,000 point mark, with the latest surge, thanks to the “better-than-expected results from JPMorgan and Intel” (CNNMoney.com).

With this wonderful news at hand, hordes of buyers jumped on the future potential of stock market gains. This new round of speculation is said to be firmly grounded in meticulously calculated odds and not the whim of investors.

“The problem is that it is consensus that we need a selloff and consensus is rarely right,” said Tom Schrader, managing director at Stifel Nicolaus.

Brilliantly said Tom, bravo! Basically what Tom is saying, boys and girls, is that the consensus should be with him as opposed to people who disagree with him. But won’t that then be the consensus and make it wrong?

I’m sure glad I don’t have to spend my day taking huge risks with other people’s money. I don’t know how these brokers and financial advisors do it; their earnings are always in no risk.
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Fire_Medic_Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 10:40 PM
Response to Original message
19. Good.
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donheld Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 11:20 PM
Response to Original message
20. Now if only mainstreet can soar like Wall street.
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troubledamerican Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 11:35 PM
Response to Original message
21. "Obama is a SOCIALIST"
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