Forum Post: Stock Market hits four year highs...
Posted 1 year ago on Feb. 19, 2012, 3:53 p.m. EST by foreeverLeft
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I wonder if all those people who sold at the bottom feel like fools.
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'.
ad iudicium ...
Small companies have easily outperformed the large caps over the last 2 years, about 33% to 22%.
high? the dow was in the 20's in 2008. give me a break
The people that don't sell now will feel like fools soon.
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Our problems are over! Happy days are here again!
and the price of a gallon of gas hits news highs too !
That's great news for Obama and his oil buddies!
Obama, and his oil buddies? Get out of here!