The Mudcat Café TM
Thread #88874   Message #1673824
Posted By: Ron Davies
20-Feb-06 - 11:00 AM
Thread Name: BS: Cheney To Resign Soon
Subject: RE: BS: Cheney To Resign Soon
Doug R.--


Just one obvious point--don't have enough time to address your other arguments

The "stock market" is not "breaking all previous records". You never check anything---do you?


1)   Not even the DJIA is close to its record--still about 600 points away.
2)   NASDAQ record was about 5000. Now it's about 2200. I'd say there's a way to go.
3)   Individual stocks--biggest and most significant--not even close. GE record about 50 or 60.   It's not even 40. Macroslop (MSFT)--not close. Maulwart (WMT)--not close--stagnant for about 5 years. Etc.
4)   You'd best hope BB et al. don't get their wish and get an attack on Iran--if they do oil will go through the roof and the entire market will tank bigtime. Only Exxon et al. would benefit.



Your other "points" have equal merit.