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The market woke up on the right side of the bed this morning, with the Dow Jones Industrials (INDEX: ^DJI ) promptly soaring by as much as 255 points, as investors expressed optimism over the European debt crisis that has plagued the market for ages. The head of the European Central Bank voiced a commitment to do "whatever it takes to preserve the euro."
Originally posted by Cauliflower
Now they can advertize a new high since 2007. Look at the 6 month chart for the Dow we've been here twice before and just need a convincing breakout above 13,600. Where else are you going to get a better yield than stock dividends? Interest rates on money market stuff doesn't pay the postage to mail your check.
Originally posted by bg_socalif
Research, research, reasearch, buy low, sell high.
It's worked out pretty good for me for 30+ yrs now.
What about the 1000pts drop a few yrs back ?
and then a few seconds after it was all back to normal
Glitch in the Matrix ?
Originally posted by Pedro4077
Without all these "Ecconomic Tricks" America would be a Third World Country. The 16 Trillian Dollar Unpayable Debt, should have left your dollar worthless.
Smoke and Mirrors has kept your dollar afloat.