Pretty soon it's going to hit 14,000 - maybe today !
2007-07-16 04:53:24 · 4 answers · asked by Andrew Noselli 3 in Business & Finance ➔ Investing
Isn't that incredible?
A record breaking economy and a deficit that's been cut in half in just a few years.
Let's hope it continues for a long time.
I love a prosperous planet !
...enjoy it while it lasts.
2007-07-17 09:39:27 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋
No one knows, of course. But since the Dow has broken through a major, long-term resistance area between 13,000 and 13,800, it would appear that this bull market is going to continue. If it drops back through that resistance area, all bets are off. Also, expect profit-taking along the way. It's also not unusual to have a stock market slump during the summertime. Remember, the stock market never moves in a straight line; it's always steady by jerks.
2007-07-16 13:43:58 · answer #2 · answered by Andy 3 · 1⤊ 0⤋
I think so. It scares me to death. I hope it's not last minute profiteering from Wall-Street insiders before the big fall.
2007-07-16 11:58:28 · answer #3 · answered by [><] Rebel 3 · 0⤊ 1⤋
Who is supposed to control it?
2007-07-16 14:55:11 · answer #4 · answered by Anonymous · 0⤊ 1⤋