General Discussion

malaise

(269,187 posts) Wed May 8, 2013, 09:25 AM May 2013

For the first time in history the DOW passed 15,000 yesterday

How would this have been covered if Obama were not the President?

If the reverse was happening it would be huge news.

Just saying!

6 replies

= new reply since forum marked as read

Highlight:

For the first time in history the DOW passed 15,000 yesterday (Original Post) malaise May 2013 OP

Second time, it did so for a few minutes on Monday Warpy May 2013 #1

I should have written closed over 15,000 malaise May 2013 #4

I know, there's always one nitpicker in every crowd Warpy May 2013 #5

You were right malaise May 2013 #6

Now, the GOP will hate Obama for being a crappy socialist. baldguy May 2013 #2

Personally I think it's bad news as the rate it's rising is to fast and likely a bubble that.... yourout May 2013 #3

Warpy

(111,359 posts)

1. Second time, it did so for a few minutes on Monday

Reply to malaise (Original post)

Wed May 8, 2013, 09:28 AM

May 2013

before it fell back. This is the first time it closed over 15,000.

So I'm rich until the next crash comes. I still say anything over 6000 is inflated and 15,000 is hyperinflated.

malaise

(269,187 posts)

4. I should have written closed over 15,000

Reply to Warpy (Reply #1)

Wed May 8, 2013, 09:56 AM

May 2013

Warpy

(111,359 posts)

5. I know, there's always one nitpicker in every crowd

Reply to malaise (Reply #4)

Wed May 8, 2013, 10:21 AM

May 2013

I guess today that's me.

malaise

(269,187 posts)

6. You were right

Reply to Warpy (Reply #5)

Wed May 8, 2013, 11:11 AM

May 2013

and some of us DUers don't mind corrections

baldguy

(36,649 posts)

2. Now, the GOP will hate Obama for being a crappy socialist.

Reply to malaise (Original post)

Wed May 8, 2013, 09:29 AM

May 2013

yourout

(7,534 posts)

3. Personally I think it's bad news as the rate it's rising is to fast and likely a bubble that....

Reply to malaise (Original post)

Wed May 8, 2013, 09:32 AM

May 2013

will blow up in our faces again.

Dodd-Frank was far to weak to actually prevent another crash.

Another crash right now would make the last one look like a day in the park.

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