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Forum Post: Stock Market hits four year highs...

Posted 2 years ago on Feb. 19, 2012, 3:53 p.m. EST by foreeverLeft (-264)
This content is user submitted and not an official statement

I wonder if all those people who sold at the bottom feel like fools.

http://www.telegraph.co.uk/finance/markets/9089828/Wall-Street-hits-highs-not-seen-for-four-years.html

8 Comments

8 Comments


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[-] 2 points by shadz66 (19985) 2 years ago

The Stock Market numbers are an index based upon arbitrary levels in the seventies. They have no bearing on the general condition, prosperity or well being of the vast majority of the people in any country.

Stocks are high because Banks have been bailed out & with interest rates so low, liquidity is chasing opportunity. The bulk of the rises will be in "Too Big To Fail" Banks, Commodities Corps., Mining & in Companies who've outsourced their manufacturing abroad in pursuit of 'profit maximisation'.

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[-] 1 points by Mooks (1985) 2 years ago

Small companies have easily outperformed the large caps over the last 2 years, about 33% to 22%.

[-] 1 points by gestopomillyy (1695) 2 years ago

high? the dow was in the 20's in 2008. give me a break

[-] 0 points by uncensored (104) 2 years ago

The people that don't sell now will feel like fools soon.

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[-] -2 points by BlackSun (275) from Agua León, BC 2 years ago

Our problems are over! Happy days are here again!

[-] 0 points by B76RT (-357) 2 years ago

and the price of a gallon of gas hits news highs too !

[-] 0 points by gosso920 (-24) 2 years ago

That's great news for Obama and his oil buddies!

[-] 1 points by GypsyKing (8719) 2 years ago

Obama, and his oil buddies? Get out of here!