2006-11-02 14:07:31 · 5 answers · asked by iwan s 1 in Business & Finance ➔ Investing
Took a high, for sure. Whether it's the peak or not remains to be seen.
Interest rates are still low, commodities are expensive, real estate is contracting - where else to put money except stocks?
2006-11-02 14:20:37 · answer #1 · answered by szydkids 5 · 0⤊ 0⤋
Money got out of speculation in the commodities markets, e.g. Gold, Silver, Copper, Petro; as prices of these are going south. Interest rates stop hiking, so big firms need to put thier money in something that would give some good returns for reporting at yr end. But watch out, these money come and go very fast.
2006-11-02 19:53:11 · answer #2 · answered by hk trader 1 · 0⤊ 0⤋
Beorge W. Bush!!! Thats why!
2006-11-02 14:09:22 · answer #3 · answered by Eugene 4 · 0⤊ 0⤋
Election year... did you also notice that gasoline and oil are down just before we vote too...
2006-11-02 14:48:14 · answer #4 · answered by the_buccaru 5 · 0⤊ 0⤋
UTTERLY AMAZING , FROM ALL INDICATIONS. LOWER FUEL PRICES WOULD HELP SPIKE BUT I THINK THE BOTTOM LINE IS THAT THE FIX IS ON
GOD BLESS
2006-11-02 14:10:23 · answer #5 · answered by thewindowman 6 · 0⤊ 0⤋