Dow Jones over 10,000

http://trade-technicals.blogspot.com

PARTY TIME! DOW OVER 10K NOW! Im very sure that everyone whom has applied for unemployment benefits have taken advantage of this market surge also. Good times must be here cuz CNBC said so

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[1999609]

I think it was Jim rogers who said (in exaggeration) something like the S&P or the dow could go to 40,000 but who cares it will all be in worthless dollars anyways

[endlessmountain]

i have been saying that for over a year now. I still think Dow 50,000 very soon. Not like it will be worth much

[zgreg427]

i agree with link2randle.....lets see his portfolio...i want to see if he practices what he preaches...lets see all those puts and shorts....

[endlessmountain]

I do practice what I preach. I preach getting out of dollars and preparation.

[doctorjn]

Derek being sarcastic again.... cracks me up every time! "Yaaaaaaaay!"

[endlessmountain]

LOL thanks.

[GuildF40]

China possible ban on gold exports ????

Anyone with any more info just watched Stellaconcepts channel.

If thats true BUCKLE UP the ride down is coming.

[buffett1000]

Good post.

[jay123jd]

So how did the last 8 years of republicons help or hurt our econmy? We did see almost a 50% loss in market share. And there is still credit default swap options still to be markered in. It gives you a warm feeling all over. LOL

[mike6459]

Dow 10000 today vs Dow 1998...United States unemployment was 4.2 percent. Now its 9.8 percent and rising. Oil traded around $16 per barrel. The prestigious Economist that now proclaims the Great Recession over, in 1999 predicted oil would fall to $5 and remain low for the foreseeable future. Oil is now trading above $78 a barrel. It took 91cents to buy one euro, today it costs almost $1.50.

An ounce of gold cost $280 in 1999, today, $1050.

[dgmoocher]

Shopping prosperous nations.

Thanks Derek

[goodagofilms]

People are selling to gain profit. Then they will start to buy back to gain profit. on the next run. markets always dip. you have to watch the trend and it will go up. In the Telegraph yesterday ( english news paper) they reported Harrods have started to sell bullion over the counter and you can buy upto a 12.5kg bar.

[turdsplatter]

I gotta get me one of those party hats and do "the recession is over" dance, lol!

[PayChkSlaveRebellion]

i enjoy your sarcasm :)

[SamuraiCommando]

The economy right now is comparable to getting in a car wreck. First you have your whiplash and ambulance ride and about 6 months of recovery. But now we have a nagging back injury that could force us to retire alot earlier than we want to...

[SamuraiCommando]

Can someone explain the huge .50 cent drops in silver today and gold dropping 10 bucks. is there any negatice commodities news today?  OIL still going up though... The chart looks like its starting to get bearish today on silver I maybe wrong though.

[Airblade90]

Still other indices (like the TSX) have gone up even more than the US stock market and its denominated in Canadian dollars... imagine if an American converted US dollars and bought some Canadian stocks at the March lows....

[user392000]

Don't forget is it all denominated in US dollar. Gold should be trading at $10,000 an ounce.