Last time the DOW was this high............

[Dean Parisian]

�Dow Jones Industrial Average: Then 14164.5; Now 14164.5
�Regular Gas Price: Then $2.75; Now $3.73
�GDP Growth: Then +2.5%; Now +1.6%
�Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
�Americans On Food Stamps: Then 26.9 million; Now 47.69 million
�Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
�US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
�US Deficit (LTM): Then $97 billion; Now $975.6 billion
�Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
�US Household Debt: Then $13.5 trillion; Now 12.87 trillion
�Labor Force Particpation Rate: Then 65.8%; Now 63.6%�Consumer Confidence: Then 99.5; Now 69.6
�S&P Rating of the US: Then AAA; Now AA+
�VIX: Then 17.5%; Now 14%
�10 Year Treasury Yield: Then 4.64%; Now 1.89%
�EURUSD: Then 1.4145; Now 1.3050
�Gold: Then $748; Now $1583
�NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

 

[BARhunter]

That is really sad to say the least.

 

[Crappie Luck]

The last time the DOW was this high, the feds were not propping it up with printed money and banks were not receiving $85 Billion per year in "stimulus".

 

[Wildcat]

The last time the DOW was this high, the feds were not propping it up with printed money and banks were not receiving $85 Billion per year in "stimulus".

Sorry Crappie but you've been celebrating too much and too long.

That's $85 Billion PER MONTH

That is ALL that is holding up the market and I posted about the very thing a month ago.

 

[beefydeer]

doesn't make sense. record high dow and record high unemployment in a recession.

 

[Wildcat]

�Dow Jones Industrial Average: Then 14164.5; Now 14164.5
�Regular Gas Price: Then $2.75; Now $3.73
�GDP Growth: Then +2.5%; Now +1.6%
�Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
�Americans On Food Stamps: Then 26.9 million; Now 47.69 million
�Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
�US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
�US Deficit (LTM): Then $97 billion; Now $975.6 billion
�Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
�US Household Debt: Then $13.5 trillion; Now 12.87 trillion
�Labor Force Particpation Rate: Then 65.8%; Now 63.6%�Consumer Confidence: Then 99.5; Now 69.6
�S&P Rating of the US: Then AAA; Now AA+
�VIX: Then 17.5%; Now 14%
�10 Year Treasury Yield: Then 4.64%; Now 1.89%
�EURUSD: Then 1.4145; Now 1.3050
�Gold: Then $748; Now $1583
�NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

Every single one of them except the very first one show the market would be falt on it's back. Had Bush pushed the Fed to do this he would have been impeached on the sopt.

 

[BARhunter]

•Dow Jones Industrial Average: Then 14164.5; Now 14164.5
•Regular Gas Price: Then $2.75; Now $3.73
•GDP Growth: Then +2.5%; Now +1.6%
•Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
•Americans On Food Stamps: Then 26.9 million; Now 47.69 million
•Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
•US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
•US Deficit (LTM): Then $97 billion; Now $975.6 billion
•Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
•US Household Debt: Then $13.5 trillion; Now 12.87 trillion
•Labor Force Particpation Rate: Then 65.8%; Now 63.6%•Consumer Confidence: Then 99.5; Now 69.6
•S&P Rating of the US: Then AAA; Now AA+
•VIX: Then 17.5%; Now 14%
•10 Year Treasury Yield: Then 4.64%; Now 1.89%
•EURUSD: Then 1.4145; Now 1.3050
•Gold: Then $748; Now $1583
•NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

Every single one of them except the very first one show the market would be falt on it's back. Had Bush pushed the Fed to do this he would have been impeached on the sopt.

Exactly!

 

[Deer Assassin]

sad but true

 

[WGK]

I say we are headed for a large correction. The numbers just don't add up.

 

[fishboy1]

We are headed for a HUGE correction. The stock market is massively over inflated. Once the herd starts to panic its going to be a stampede that even the FED wont be able to turn.

I hope anyone who is heavily invested has done their research and has mechanisms in place to take advantage of the swing.

 

[TAFKAP]

I can't wait for Boston Brewing to fall below $100/share again. I'll be all over it....

 

[redblood]

doesn't make sense. record high dow and record high unemployment in a recession.

fabricated numbers, bloated by "stmulus money" being pumped in to the system

 

[Bone Collector]

The last time the DOW was this high, the feds were not propping it up with printed money and banks were not receiving $85 Billion per year in "stimulus".

Sorry Crappie but you've been celebrating too much and too long.

That's $85 Billion PER MONTH

That is ALL that is holding up the market and I posted about the very thing a month ago.

This is why the DOW is so high ^^^^

 

[TN RDG RNR]

My TSP and 401 are up 20%!!!!! :grin: Wait a minute the price of everything is up 25%?????

 

[Kimber45]

Scary situation for sure