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Dow broke intraday record (11,758.95), closed at all time record high (11,727.34). Now if only the S&P 500 and NASDAQ could follow. I guess all that money coming out of oil had to go somewhere.
Also oil dropped to close at 58.68, and unleaded gas dropped 5 cents, too.
Nice.
Long or wrong. 14k by 08. Nikkei is kicking back in and if Euro indices make new highs prior to employment on Friday we could have a run to 12k by next week. I believe the choppy trade from sector rotation is almost over and a sharp leg up is imminent.
October? What? Me? Worry? Someone made the comment today that Earl was falling because of lack of demand, which means delivery trucks ain;t delivering as much as they used to (as a small ex), which means people ani;t buying, which means the economy's about to go int he shitter. I dunno.
Maybe it's just a knee jerk propensity to be a naysayer- people never seem to beat up the bears when they're wrong as much as the bulls, heh. :FIREdevil
See: Barron's, Byron Wien, Elaine Gazarelli (although the dwi fodder keeps out attention).
654987123Quote:
Originally Posted by Louis Winthorpe III