Dow Breaks 8K
Dow Breaks 8K
#1Dow Breaks 8K
Posted: 4/2/09 at 11:51am
Since some people like to post how the market is sliding and that Obama is where the buck stops, I thought I'd point out the rally the market has taken and how it's over 8K now.
If Obama is the one to point fingers at when the dow drops, then by "your" own rules, you must give credit when it goes up.
Borstalboy
Broadway Legend Joined: 2/9/04
#2re: Dow Breaks 8K
Posted: 4/2/09 at 11:53amI think its great the market is going up, but we mustn't get overconfident. The problems ain't solved yet.
#2re: Dow Breaks 8K
Posted: 4/2/09 at 11:56amNever said anything about confidence Borstal. I'm just pointing to the fact that Obama's detractors on this board liked to keep finger pointing each slip the market made. Like I wrote, if they want to blame him for each slip, they have to credit him each increase - no?
Borstalboy
Broadway Legend Joined: 2/9/04
#3re: Dow Breaks 8K
Posted: 4/2/09 at 12:03pmIn a perfect world, yes.
#4re: Dow Breaks 8K
Posted: 4/2/09 at 12:22pmObama could poop golden eggs and his detractors would complain they weren't platinum.
#5re: Dow Breaks 8K
Posted: 4/2/09 at 12:46pmMaybe this means I can start opening my 401k statements again rather than shoving them in the back of the drawer...
#6re: Dow Breaks 8K
Posted: 4/2/09 at 2:30pm
I'm still not comfortable with the market swings or that this is the beginning of a turnaround. Until the real estate market finishes adjusting (and it HAS NOT yet), we won't really see a steady direction change. Houses are STILL too expensive, and people can't buy them with "real" loans that they can actually pay off. That must get fixed first.
OH ... and NONE of this has to do with Obama.
You might as well blame Colonel Sanders ... or the Tooth Fairy. They had just as much to do with this mess as he did.
blocked: logan2, Diamonds3, Hamilton22
#7dow breaks 8k
Posted: 4/2/09 at 2:49pmheckuva job, barry. another 200 points and you'll be back to where it was when you took office. only 1500 to go to be back where we were when you got elected.
...global warming can manifest itself as heat, cool, precipitation, storms, drought, wind, or any other phenomenon, much like a shapeshifter. -- jim geraghty
pray to st. jude
i'm a sonic reducer
he was the gimmicky sort
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Mr Roxy
Broadway Legend Joined: 5/17/03
#8dow breaks 8k
Posted: 4/2/09 at 7:19pm
Let us not forget another 600,000 jobs down the crapper.
Glad we had the stimulus plus that wonderful Obama "What Me Worry" grin.
#9dow breaks 8k
Posted: 4/2/09 at 9:29pmAnd there they are, right on cue!
blocked: logan2, Diamonds3, Hamilton22
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