Dow 6500

[Skink]

Now that hundred point swings in the dow are relevent again 65 good or bad?:scared:

:beer: Market Update

INDU 6,594.44 -281.40
SPX 682.55 -30.32
NASDAQ 1,299.59 -54.15
RUT 349.45 -21.85
DJT 2,241.43 -164.29
DJU 296.26 -11.09


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[The_Casual_Observer]

1. It's pretty bad if you invested at 14,000.

or anyplace in between.

[Skink]

2. Tell me about it the S&P was near it's highs in 99 when I started an IRA.

But atleast now in 401k's it is worth investing heavily in growth funds while moving money to bonds.

[The_Casual_Observer]

3. That's a good way of looking at it, since it hasn't very much left to fall

[sendero]

4. 5,000...

... coming to an index near you, and soon.

[Skink]

5. For 5000 Brokaw better be doin the news.

He... Brokaw, scared a whole generation unjustly about social security so he could fufill his contract.

[GoesTo11]

6. Could become Dow 650 or Dow 65

Stock prices don't mean anything anymore, because all companies are going to have zero profits. So these prices are now nothing more than a social construct. The good news is that Dow could be worth 14000 again too - that was surely a social construct.