Wow. I was really confused until I noticed the dateline on the first item. These recycled threads can prove a point, but it would be better if they could be labeled in some way to alert readers that the thread is revived after being dormant for a long time.
Paul could do that.
I'm just keeping track of the bet.
STOCKS SURGE: DOW NEARS ALL-TIME HIGH OF 11,750...
[size=24]Consumer Confidence Boosts Stocks; Dow Hits New Year High[/size]
Tuesday, September 26, 2006
NEW YORK â€” Stocks pushed higher Tuesday, lifting the Dow Jones industrials to their high for the year, as investors focused on improved consumer confidence and regional economic figures rather than further evidence of weakness in the housing sector. In midafternoon trading, the Dow rose to its high for the year, gaining 68.04, or 0.59 percent, to 11,643.85. The Dow's advance put it within range of its high of 11,722.98 set in January 2000.
I like Simone's too
Dow 10 points from record ever close.
35 points from record intraday high.
heading down as I write
[quote]Dow Ends Up 20, Falling Short of Record
09/27/06 20:33 EDT
NEW YORK (AP) - Wall Street advanced for a third straight session Wednesday, although the Dow Jones industrial average fell just short of touching its record high close after a jump in oil prices stifled investors' enthusiasm.[/quote]
Well, it did not make it today.
Any bets as to when growth will be back in favor????
I say the drop in oil prices will spur growth industries, along with the normal course of the market.
Value has been on the run for a while......while the NASDAQ and others remain comfortably where they were oh, say, in 1997-8.
Growth's gotta happen within the next couple of years....watch out when it goes!
Is November 14th the official ending day of our bet Dave?
Hope the campaign is going well. I just chatted with the Sun-Journal today . . .
I'll take the 14th.
Things do go well.
[url=http://finance.yahoo.com/q?s=%5EDJI]NEW RECORD 11,737.66[/url]
[size=18]Dow Jones Industrial Average Surges to New All-Time High, Closes at Record[/size]
Tuesday, October 03, 2006
NEW YORK â€” Wall Street marked a historic day on Tuesday as the Dow Jones industrial average surged to a new all-time intraday high and ended the session at its highest close ever. [b]Investors were buoyed by falling oil prices, which continued their recent swoon and ended below $59.[/b]
[url=http://www.foxnews.com/story/0,2933,217361,00.html]IT'S THE ECONOMY STUPID[/url]
[size=24]Dow Jones Industrials Surge Over 12,000 for First Time[/size]
Wednesday, October 18, 2006
E-MAIL STORY RESPOND TO EDITOR PRINTER FRIENDLY VERSION
NEW YORK â€” The Dow Jones industrial average cracked 12,000 for the first time on Wednesday, furthering its recent record-breaking streak into never-before-reached territory on the back of upbeat inflation news.
The index of 30 big-name stocks surpassed the milestone just after trading began, rising as high as 12,046.63. The Dow had already set closing records seven times during the past two weeks.
*pass egg to laMaine*
Its Bush's fault
Dow taps another record close
Wed Nov 15, 2006 4:21pm ET
NEW YORK (Reuters) - U.S. stocks rose on Wednesday, pushing the Dow up to another record close and driving the S&P 500 and the Nasdaq to multiyear peaks, as a proposed airline merger and a surge in Google Inc.'s shares offset anxiety about the outlook for interest rates.
we're scheduled for Friday already
[size=7]THE FINE PRINT CLEARLY STATED ALL AMG'ERS ARE WELCOME[/size]
From post on June 6, 2006.
Joined: 27 Nov 2001
[quote]David Burke wrote:
[quote]David Hughes wrote:
I disagree. The market will continue to improve. Easy money in real estate is now kaput, and investors need someplace to put their money.[/quote]
Lunch at Simone's that the dow will close lower than it did today in 6 months?[/quote]
Close was 11,380.99[/quote]
bumps the bet as the dow slips under 11,000[/quote]
What a differnce a year makes.
[quote]As of Jun. 6, 2007 04:30 pm ET
LAST TRADE 04:30 pm 13,465.67
CHANGE -0.95% -129.79
TODAY'S OPEN 13,590.66
TODAY'S HIGH 13,591.07
TODAY'S LOW 13,437.31
YESTERDAY'S CLOSE 13,595.46
52 WEEK HIGH 06/01/2007 13,692.00
52 WEEK LOW 07/18/2006 10,683.32[/quote]
Friday's close is the current record high. 2,084.68 increase over 2006.
BTW, its all Bush's fault.
Markets as of 2:05 pm July 12, 2007
close in 1 hrs, 56 mins
13,767.68 (record high by 100 points)
The rich got richer today and the liberals, those that aren't rich, fell into deeper Bush Derangement Syndrome. Remember, there is no liberalism without envy.
The bulls are in charge on Wall Street.
Closed at 13,861.73 up 283.86 points (it was up 290 just before the close) 2.09%
If this keeps up I may actually be able to retire some day.
[quote]NEW YORK --Wall Street suffered its biggest plunge of the year Thursday, leading global markets lower as investors fled stocks amid increasing uneasiness about the mortgage and corporate lending markets. The Dow Jones industrials fell more than 430 points, ........its largest one-day point drop since it lost 684.81 on Sept. 17, 2001, the first day of trading after the 9/11 terror attacks.[/quote]
I tend to think that there's alot more to the story about Wall St. worrying about the sub prime mortgage market.
Comparing point moves is a bit misleading, the 2001 move was much worse.
Sept 17, 2001 --> Open 9,580.32 // Low 8,883.4 // Change -696.92 ( - 7.27%)
July 26, 2007 --> Open 13,783.12 // Low 13,335.3 // Change -447.82 ( - 3.25%)
Applying Global Warming Theory to today's move would suggest that the DJIA will be ZERO sometime next year :twisted: