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Who's Got their DOW 14,000 Party Hats?

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  • #1

    Who's Got their DOW 14,000 Party Hats?

    Looks like today is the day we need to try these babies on. I've still got my DOW 10K party hat and it's strange to think that with the DOW this close to 14K when you take the collapse of Uncle Buck into account even with the DOW's 40% gain, you've barely broken even. Now that us cows have all gotten our investments so protected against inflation would be a good time for the Fed to take the action the other direction. Pretty good moonshot for the Wall Street boyz, we'll see how high they take it I don't think they are close to being done.
    "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
    - Charles Mackay
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  • #2
    Re: Who's Got their DOW 14,000 Party Hats?

    Originally posted by Tet View Post
    Looks like today is the day we need to try these babies on. I've still got my DOW 10K party hat and it's strange to think that with the DOW this close to 14K when you take the collapse of Uncle Buck into account even with the DOW's 40% gain, you've barely broken even. Now that us cows have all gotten our investments so protected against inflation would be a good time for the Fed to take the action the other direction. Pretty good moonshot for the Wall Street boyz, we'll see how high they take it I don't think they are close to being done.
    good point. how often do the talking heads make this point?



    Climbing a Cliff of Doom
    http://www.itulip.com/forums/showthread.php?t=1257

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    • #3
      Re: Who's Got their DOW 14,000 Party Hats?

      Originally posted by metalman View Post
      good point. how often do the talking heads make this point?



      Climbing a Cliff of Doom
      http://www.itulip.com/forums/showthread.php?t=1257
      I can't imagine comparing the DOW with something of actual worth, like say the cost of a college tuition. Wouldn't shock me if the DOW needed to be at 20K to keep up with the cost of college.
      "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
      - Charles Mackay

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      • #4
        Re: Who's Got their DOW 14,000 Party Hats?

        Originally posted by Tet View Post
        I can't imagine comparing the DOW with something of actual worth, like say the cost of a college tuition. Wouldn't shock me if the DOW needed to be at 20K to keep up with the cost of college.
        Heh, I'm not sure a college education is worth the rising cost of tuition these days.

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        • #5
          Re: Who's Got their DOW 14,000 Party Hats?

          Originally posted by zoog View Post
          Heh, I'm not sure a college education is worth the rising cost of tuition these days.
          Good point, but it still does get them out of the house. That's something that's pretty hard to come up with an actual value.
          "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
          - Charles Mackay

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          • #6
            Re: Who's Got their DOW 14,000 Party Hats?

            :eek:


            http://www.NowAndTheFuture.com

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