I don't subscribe to conspiracy theories, just throwing this out there for conspiracy theorists to discuss
Stock market hitting new highs is a big confidence booster....
What can be better for economic confidence then DOW hitting new highs ?
Started by
ogm
, Sep 21 2007 02:06 PM
4 replies to this topic
#1
Posted 21 September 2007 - 02:06 PM
#2
Posted 21 September 2007 - 02:10 PM
Were you confident, economically speaking, when SPX hit all time highs ? - No, you were bearish like hell. So it depends on who you ask that question to. Permabears will be more angry and will turn more bearish.
#3
Posted 21 September 2007 - 02:12 PM
I'm a trader in the market. Doesn't matter what I do.
I'm talking about general public with their 401ks and pension plans, Corporate execs that make spending decisions, and so on.....
#4
Posted 21 September 2007 - 02:40 PM
This headline sure will build confidence. Kind of shows the lies of the DOW at a record.
http://www.msnbc.msn.com/id/20896355
http://www.msnbc.msn.com/id/20896355
#5
Posted 21 September 2007 - 04:22 PM
Dow matches very well the ratio of ceo to avg. worker pay..gg
market is all about the biggies..and companies keeping more and the market extracting concessions with every turn and story (since the ATC strike when a lot of them got fired)