Dow cracks 11,000 again in opening trading
The Dow has jumped back above 11,000 in the opening moments of trading to kick off the week.
In the first 20 minutes of trading, the Dow is up nearly two-tenths of 1 percent at 11,015.
The broader S&P 500 is up nearly three-tenths of 1 percent and the tech-heavy Nasdaq is up two-tenths of 1 percent.
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By
Frank Ahrens
|
April 12, 2010; 9:56 AM ET
Categories:
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Wall Street
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Posted by: itkonlyyoupp | April 12, 2010 10:16 AM | Report abuse
Yep, the Dow Jones Industrial Average keeps raising, just like a hot air balloon.
And when the hot air runs out, both must come down. With a jobless recovery,, if we actualy are in recovery, as unemployment is still increasing, foreclasurers are still increasing, commericial real estate is falling like a rock, bank failures are now common, bankruptcies increasing, yep, this is recovery!
Posted by: laurelphoto | April 12, 2010 10:25 AM | Report abuse
Good to hear though I dare say it peeves all those America hating Limbaugh Sycophants of the GOP.
Stay out of though, there is a large scale fraud going on that will dwarf Madoff and even Credit Default Swaps ponzi scheme.
http://www.huffingtonpost.com/nathan-lewis/its-ponzimonium-in-the-go_b_519893.html
There is an artificial buble in Gold same as the the Credit Default Swaps scam in the housing market. People are shorting the market and doing bets it is about to crash. Just like Goldman Sachs did with AIG.
Posted by: walker1 | April 12, 2010 10:40 AM | Report abuse
Do a google news search on
gold market manipulation and fraud
As you can see the news is full of it Stay out of Gold it is about to blow.
More news here
http://beforeitsnews.com/news/32124/BOMBSHELL_Whistle_Blower_Comes_Forward_With_Solid_Proof_The_Price_Of_Gold_And_Silver_Is_Being_Manipulated_By_Major_Financial_Institutions.html
Posted by: walker1 | April 12, 2010 10:46 AM | Report abuse
You liked it a 400, you'll love it at 500 and beyond that higher is better money managers. Everybody makes out, so trade up or get out. Making out is best and at 600 you are getting closer to fantasy-land. It might be a bubble so break out the bubbly.
Posted by: tossnokia | April 13, 2010 10:41 AM | Report abuse
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