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Stocks spike to 1-year highs

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DejaVu
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« on: September 16, 2009, 07:25:49 pm »

Stocks spike to 1-year highs

September 16, 2009

Economic optimism helps Wall Street extend gains, with the Dow, Nasdaq and S&P hitting the highest points since fall '08.

Story here: http://money.cnn.com/2009/09/16/markets/markets_newyork/index.htm?postversion=2009091616&eref=rss_topstories



This is good news...I guess. Grin
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The most successful tyranny is not the one that uses force to assure uniformity, but the one that removes awareness of other possibilities, that makes it seem inconceivable that other ways are viable, that removes the sense that there is an outside. --Allan Bloom

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Terry
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« Reply #1 on: September 17, 2009, 08:06:25 am »

Stocks spike to 1-year highs

September 16, 2009

Economic optimism helps Wall Street extend gains, with the Dow, Nasdaq and S&P hitting the highest points since fall '08.

Story here: http://money.cnn.com/2009/09/16/markets/markets_newyork/index.htm?postversion=2009091616&eref=rss_topstories



This is good news...I guess. Grin
It's good news for your 401K plan, that's for sure.  I've started to reinvest in the market last Spring, but at a much smaller % than previously.  What we need are jobs and that front still doesn't look to good.  Over 500,000 new claims last week, but down from the week before.  Sustained recoveries require job creation and we're not seeing that yet.  Let's hope it's just around the corner.
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DejaVu
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« Reply #2 on: September 17, 2009, 08:16:53 am »

Stocks spike to 1-year highs

September 16, 2009

Economic optimism helps Wall Street extend gains, with the Dow, Nasdaq and S&P hitting the highest points since fall '08.

Story here: http://money.cnn.com/2009/09/16/markets/markets_newyork/index.htm?postversion=2009091616&eref=rss_topstories



This is good news...I guess. Grin
It's good news for your 401K plan, that's for sure.  I've started to reinvest in the market last Spring, but at a much smaller % than previously.  What we need are jobs and that front still doesn't look to good.  Over 500,000 new claims last week, but down from the week before.  Sustained recoveries require job creation and we're not seeing that yet.  Let's hope it's just around the corner.

I wish I knew more about the stock market and investing.....I don't have a clue.  Undecided









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The most successful tyranny is not the one that uses force to assure uniformity, but the one that removes awareness of other possibilities, that makes it seem inconceivable that other ways are viable, that removes the sense that there is an outside. --Allan Bloom
buzorro
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« Reply #3 on: July 23, 2010, 04:14:05 pm »

Unfortunately, the Dow Jones is lower than it was ten years ago...
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Don't blame me...I voted for Ron Paul


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