On Sat, 4 Jul 2009 14:01:39 -0600, "Canuck57" wrote:



I thought the Dow rose when there was bad news for working Americans.

Dow moves on future views. Not current views.

Then all the "expert" financial "analysts" and commentators on the Dow
booster networks are very confused.
They are always touting this or that current event as the reason the
Dow moved.
It's all mumbo jumbo bubble driven - carny barker psychology.
It the Dow knew a damn thing about the future it would have reacted
much earlier to the clearly evident debt that got us here.
Instead, it went to the upside.
That "predicting the future" bull**** you believe in is simply the
carny barkers drawing in the suckers.

I would not doubt the NYSE sees lower than 7000 again later this summer or
fall.

Just don't bet on anything without a hedge or spread.
You have no control over it, except to leave the fair grounds.

--Vic.