The Dow closes over 11,000

stormraiser · #1 Postby **stormraiser** » Mon Jan 09, 2006 12:16 pm

When do you think it will finally reach that mark again?

#2 Postby **Stephanie** » Mon Jan 09, 2006 12:49 pm

Probably sometime later this week.

Website · #3 Postby **Brent** » Mon Jan 09, 2006 1:12 pm

It just topped 11,000...

stormraiser · #4 Postby **stormraiser** » Mon Jan 09, 2006 2:15 pm

The last time the Dow closed above 11000 was June 7, 2001. That is a long time to make it back, but a lot has happened since then. Let's hope things are really looking up now.

kevin · #5 Postby **kevin** » Mon Jan 09, 2006 3:38 pm

As long as people don't go crazy and overvalue corporations to insane levels again. Which I have no reason to believe they won't. People forget too easily and jump into cheerleader mode with ease.

southerngale · #6 Postby **southerngale** » Mon Jan 09, 2006 4:08 pm

Well, it just closed above 11,000 for the first time since June 2001....before 9/11.

We've come a long way!

#7 Postby **Stephanie** » Mon Jan 09, 2006 4:51 pm

southerngale wrote:Well, it just closed above 11,000 for the first time since June 2001....before 9/11.

We've come a long way!

Yes we have!

TexasStooge · #8 Postby **TexasStooge** » Tue Jan 10, 2006 8:34 am

I knew Dow's gonna top 11,000; I just don't know when.

gtalum · #9 Postby **gtalum** » Tue Jan 10, 2006 9:15 am

kevin wrote:As long as people don't go crazy and overvalue corporations to insane levels again. Which I have no reason to believe they won't. People forget too easily and jump into cheerleader mode with ease.

It will happen over and over again until the end of capitalism, whenever that happens. It's human nature. (and no, I'm not advocating an end to capitalism!)

The key to being a successful investor is to recognize this, and to understand and get a few steps ahead of trends in the marketplace. That and most importantly don't be greedy. Set reasonable goals and pull out when you reach them or immediately when it becomes clear that you won't reach them. As Jim Cramer likes to say, "Bulls make money, bears make money, but pigs get slaughtered".

#10 Postby **alicia-w** » Tue Jan 10, 2006 2:10 pm

yeehaw! my retirement account is making $1000 a day!! Keep it up, boys!

gtalum · #11 Postby **gtalum** » Fri Jan 13, 2006 12:11 pm

alicia-w wrote:yeehaw! my retirement account is making $1000 a day!!

Ahhh, you gotta love compounding gains.

The Dow closes over 11,000

Will the Dow top 11,000 soon?

The Dow closes over 11,000

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