10000 Dow

Discussion in 'The Archives' started by badhab1, Dec 11, 2003.

  1. badhab1

    badhab1 Guest

    First time in 18 months the dow closed above 10000. Maybe the light at the end of the tunnel isn't an oncoming train.
  2. muncher

    muncher Guest

    Don't be fooled by the DOW, all wall street is is full of greed and lies, unless you are in the know on wall steet, you have no chance, remember 20% of the people who own stock in the NYSE hold 80% of the wealth, think you have a fair chance?
  3. charlie

    charlie Guest

    Aaaahhhh....grasshopper....if you have a positive and long career with UPS, you too will end up in that 20%.......
  4. nevadapaul

    nevadapaul Guest

    Ah yes it is geast to be part of that 20% and we couldn't have done it without little Munchers.
  5. dannyboy

    dannyboy Guest

    But only if muchie starts doing something else besides sleeping all day.

  6. mountaingoat

    mountaingoat Guest

    The big thing about the DOW hitting 10k is that it's a psychological hurdle. More people will start to see it as an encouraging sign that the economy is improving and that it's time for them to get back into the investing game -- Never mind that the DOW's high water mark was 11.5k.

    Many people are run by emotion, not logic. Companies financials may be turning to solid $ reporting, but the momentum of a climbing DOW is what's going to trigger them.

    Just my [​IMG]
  7. tuknick

    tuknick Guest

    Goldman started UPS out at "Outperform" could be the reason for the good day.
  8. muncher

    muncher Guest

    When you go to work on Monday look around you and ask your co-workers how much richer they are because of all there stock market plays. Then ask them how much they lost the last 2-3 years thanks to wall streets lies.
  9. brownmonster

    brownmonster Guest

    Munchkin, ask them how much they made the 5 years before that. The market goes up and down.