Dow closed above 9000 for the FIRST time since January.

THAT is good news........good for everyone.

Probably because Obama will NOT get healthcare passed before 3rd quarter earnings release.

HM.......

Later,

Geo

[QUOTE=GeoFisher;375959]Probably because Obama will NOT get healthcare passed before 3rd quarter earnings release.[/QUOTE]

I'm not sure why it finished high today...nor even why it's above 9000...but I can almost gaurantee Nobama didn't have anything to do with it.

This is good news though....as soon as it gets back up to 14,000 (assuming it will), I'm getting out! I have no faith what so ever in it.

[QUOTE=Chubminnow;375966]I'm not sure why it finished high today...nor even why it's above 9000...but I can almost gaurantee Nobama didn't have anything to do with it.

This is good news though....as soon as it gets back up to 14,000 (assuming it will), I'm getting out! I have no faith what so ever in it.[/QUOTE]

Sure he did............his approval rating is CRASHING.........causing people who have been "waiting" to start NOT waiting.........

And that little WEASEL Harry Reid having to come out and say NO vote before the break REALLY helps.

So YES...........NOBAMA has a lot to do with it..........just not the way the dems want you to think.

later.

Geo

[QUOTE=Chubminnow;375966]
This is good news though....as soon as it gets back up to 14,000 (assuming it will), I'm getting out! I have no faith what so ever in it.[/QUOTE]

Don't hold your breath for 14k.........I don't expect that anytime soon, but another 1000 - 1500 points, and I will TAKE my money and run.

Actually.........I have a couple really good china funds that are kicking butt right now...........Might move more cash there.

Later.

Geo

I did really well over the last quarter according to my statements. I was shocked.

[QUOTE=psprowler;376061]I did really well over the last quarter according to my statements. I was shocked.[/QUOTE]


Yea, me too......I was BITCHING so much I didn't even check........ :) :) .

After Andrew posted that he was kicking butt in his 401K, I had to check myself........with yesterday's rally, I'm up about 20% over the year.

If we approach 10500, or 11000, I will liquidate everything, and move into some save money strategies........that way I can ride out the BS over the next 2-3 years, and wait............

Later,

Geo

[QUOTE=psprowler;376061]I did really well over the last quarter according to my statements. I was shocked.[/QUOTE]


Yea so did I, but do you remember looking to see what you had in your 401K last year when the dow was above 14,000? I remember and I know that despite the succesful last quarter we've just experienced I'm STILL in the hole!

Yeah, I don't get it. The news is always bad on new unemploement numbers and the market rallies. Do you think that wall street likes the fact that BHO is all about the big companies and not so much for the small business owners?

My wifes 401k is way down by the way. I dont have one. I am a small business owner that is struggling to make it in spite of BHO running things.