Nice climb in the market !

We still got a long ways to go ,but the market has done pretty well the last few business days . If you have not checked stocks in your portfolios in a week or two you may want to take a peek .
I know .... I know .... We are still way down .

I guy can hope ....can't he ???

US STOCKS SNAPSHOT-Wall St add gains after Fed remarks

Wed Jan 28, 2009 2:26pm EST


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Market News











NEW YORK, Jan 28 (Reuters) - U.S. stocks added to gains on Wednesday, sending the Nasdaq up more than 4 percent, after the U.S. Federal Reserve said it is prepared to buy longer-term Treasuries if that would improve credit market conditions.
* The Dow Jones industrial average .DJI rose 202.31 points, or 2.47 percent, to 8,377.04. The Standard & Poor's 500 Index .SPX climbed 29.94 points, or 3.54 percent, to 875.65. The Nasdaq Composite Index .IXIC added 59.11 points, or 3.93 percent, to 1,564.01. (Reporting by Ellis Mnyandu; Editing by James Dalgleish

I'm scared to look.........
Tears could be dangerous to my keyboard.

darroll said:

I'm scared to look.........
Tears could be dangerous to my keyboard.

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Probably either way its a bad idea . Tears of joy or tears of sadness . The key board don't know the difference .

Any time companies have and announce mass layoffs the stocks always climb. I've watched it time and time again. I guess as long as they can keep finding people to fire you'll see keep it climbing. Sooner or later they'll run out people to fire and then I wonder what they'll do.

Bamby said:

Any time companies have and announce mass layoffs the stocks always climb. I've watched it time and time again. I guess as long as they can keep finding people to fire you'll see keep it climbing. Sooner or later they'll run out people to fire and then I wonder what they'll do.

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Huh ???? Can you list a few examples of this ? I usally see it as trouble for the Companys stock price . It usually means they are in a downward spiral situation or hurting for orders .

Allen, hang on to your hat. I am sure the winds have just calmed a bit before the next storm. The winter of economic woes is only in the fall season and spring is about 2 years off from the info I am picking up on from world news sources. If you can ride out the storm 2 to 3 years at least, then a slow recovery will take shape with stock prices rising in 5 to 6 years close to the highs we have seen in the past couple years..... or so my sources tell me.

I am investing in durable goods, toilet paper, bullets and beans.....

mtntopper said:

I am investing in durable goods, toilet paper, bullets and beans.....

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LOL !!! OK Go try my stock picking contest thread . Here's 10 grand .