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Market Update (Dow 10,810.35 +50.92 - Worst Economy Ever!)
Yahoo! ^

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 ...


TOPICS: Business/Economy
KEYWORDS: bushsfault; herberthooverwannabe; kerrylies; worsteconomyever
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This is simply the worst economy ever! BTW, when is the Dow going to hit 11,000 again? ;)
1 posted on 12/22/2004 7:51:51 AM PST by frog_jerk_2004
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To: frog_jerk_2004

I'd like a recount. There is clearly fraud involved here.


2 posted on 12/22/2004 7:56:09 AM PST by loborojo (What the hell is a "Reagan Democrat"?)
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To: frog_jerk_2004
This is simply the worst economy ever!

Not ever, just since Herbert Hoover. Get your facts straight. ;)

3 posted on 12/22/2004 7:57:38 AM PST by L98Fiero
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To: L98Fiero

Or Jimmy Carter.


4 posted on 12/22/2004 7:58:24 AM PST by andyland (Bush and Rossi won!)
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To: andyland

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.


5 posted on 12/22/2004 8:05:58 AM PST by L98Fiero
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To: frog_jerk_2004

Tom is deeply saddened...


6 posted on 12/22/2004 8:07:07 AM PST by Reader of news
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To: L98Fiero

Memories.....

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.


7 posted on 12/22/2004 8:17:58 AM PST by andyland (Bush and Rossi won!)
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To: frog_jerk_2004

Whoops! Now it is only up by 49.35. The sky is falling!


8 posted on 12/22/2004 8:24:10 AM PST by RedWhiteBlue
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To: frog_jerk_2004
The economy finally sheds the Kerry/Carville concocted slump.
Recall the snides, laughter, belittling that Bush received by those two propagandists and supported by the elite mainstream media for announcing his projected job growth.
He accomplished what he said.
Are corrections or apologies forthcoming?
9 posted on 12/22/2004 8:25:00 AM PST by hermgem
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To: frog_jerk_2004

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 $$.

Who knows?

Up looks better than down...that we all know.

The big gorilla will remain terr attacks....that we can't manage.


10 posted on 12/22/2004 8:28:34 AM PST by wardaddy (Quisiera ser un pez para tocar mi nariz en tu pecera)
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To: wardaddy

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.


11 posted on 12/22/2004 8:32:29 AM PST by Gaetano
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To: Gaetano

oil prices...however temporary did not help either.

it's been pretty obvious who the markets prefer hasn't it.


12 posted on 12/22/2004 8:39:37 AM PST by wardaddy (Quisiera ser un pez para tocar mi nariz en tu pecera)
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To: All

13 posted on 12/22/2004 8:40:40 AM PST by OXENinFLA
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To: Dubya's fan
Tom is deeply saddened...

John has a plan....

14 posted on 12/22/2004 8:40:49 AM PST by DrDavid (Tomorrow will be an even better day...)
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To: Dubya's fan; All

Tom is no longer going to be factor no more!!! Oh happy days!


15 posted on 12/22/2004 8:41:48 AM PST by KevinDavis (Let the meek inherit the Earth, the rest of us will explore the stars!)
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To: DrDavid

John Kerry actually had it before he didn't have it...


16 posted on 12/22/2004 8:42:17 AM PST by Reader of news
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To: andyland

Don't forget skyrocketing food prices and farmers drowning their chickens.


17 posted on 12/22/2004 8:43:17 AM PST by In veno, veritas
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To: KevinDavis

The "Tom is deeply saddened" thing is a FR lengend now.


18 posted on 12/22/2004 8:43:20 AM PST by Reader of news
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To: Dubya's fan

lengend = legend


19 posted on 12/22/2004 8:44:10 AM PST by Reader of news
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To: RedWhiteBlue

Bush's fault.


20 posted on 12/22/2004 9:48:34 AM PST by Ticonderoga34
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