Skip to comments.Market Update (Dow 10,810.35 +50.92 - Worst Economy Ever!)
Posted on 12/22/2004 7:51:51 AM PST by frog_jerk_2004
10:35AM: Market gets a boost following better than expected weekly oil inventories data... Crude supplies rose 2.1 mln barrels (consensus -800K) while distillate stockpiles came in at +600K (consensus -1.13 mln)... Stocks had been trading with a tinge of caution ahead of the data as broad-based gains that pushed every major indice to new highs yesterday had stalled early momentum... Showing some resilience have been homebuilding, materials, financial, airline, networking, retail and utility while sectors under early selling pressure have been disk drive and energy...NYSE Adv/Dec 1612/1226, Nasdaq Adv/Dec 1442/1264
(Excerpt) Read more at finance.yahoo.com ...
I'd like a recount. There is clearly fraud involved here.
Not ever, just since Herbert Hoover. Get your facts straight. ;)
Or Jimmy Carter.
Lord, how the '70s sucked. I feel sorry for the young folks who buy into all that media spin about Carter and have no idea what it was like in America back then.
Tom is deeply saddened...
I loved the time in the late 70s when my Mom would drive me to practice and we had to sit in a gas line.
I really enjoyed watching my parents plan their week around the last number on the license plate being odd or even.
I went into uncontrolable laughter when my parents complained about the interest rates and inflation.
How about Carter's "Malaise" speech that ran on all 3 channels and PBS?
What great memories....
If only the kids today could've seen the results of true liberalism.
Whoops! Now it is only up by 49.35. The sky is falling!
Christmas Rally....a good thing nonetheless.
I expected DOW 11K summer 03 but I was wrong.
No doubt that oil is down and folks abroad will be buying more US goods due to cheap $$.
Up looks better than down...that we all know.
The big gorilla will remain terr attacks....that we can't manage.
There was no summer rally because the MSM was feverishly trumpetting the bad side of every piece of economic news in order to get Lurch elected.
oil prices...however temporary did not help either.
it's been pretty obvious who the markets prefer hasn't it.
John has a plan....
Tom is no longer going to be factor no more!!! Oh happy days!
John Kerry actually had it before he didn't have it...
Don't forget skyrocketing food prices and farmers drowning their chickens.
The "Tom is deeply saddened" thing is a FR lengend now.
lengend = legend
Good god! Now even the Market is giving Dems and LIEbbies a bad case of PEST!
And what's worse is that all my Demmie friends were laughing at me for staying IN!
Or Carter's stellar forgeign policy. Billy Beer alone should've been enough to impeach him.