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Roland99

(53,345 posts)

7. But who (or, really, what) is pushing up the DJIA?

Reply to sinkingfeeling (Original post)

Fri Feb 17, 2012, 05:45 PM

Feb 2012

HFT, bay-bee.

HFT.

volume has been low for a long time which makes it easier for those algorithms to work their magic for the oligarchy while the schlubs with their 401(k)s are going to be relegated to the dustbin of history once the whole shooting match collapses.

Beware the (Greek) Ides of March.

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Dow closes at highest level since May 2008. For the week, Nasdaq gains 1.7%, and S&P 500 adds 1.4%. [View all] sinkingfeeling Feb 2012 OP

The Dow has doubled under Pres. Obama surfdog Feb 2012 #1

At least as importantly, the NASDAQ is higher than at ANY time under Bush. denverbill Feb 2012 #2

Won't hear that in the MSM? MineralMan Feb 2012 #3

Well, I just visited CBS.com, NBC.com, ABC.com, and FOX.com and saw no mention of it. denverbill Feb 2012 #8

Larry Kudlow (CNBC Rethug) Said That The Dow Would Get Over 20,000 Under Bush II Yavin4 Feb 2012 #4

I feel sorry for those who go to him for advice rurallib Feb 2012 #5

The HIGHEST EVER Dow Jones closing in history was 14,160. FarLeftFist Feb 2012 #6

But who (or, really, what) is pushing up the DJIA? Roland99 Feb 2012 #7

That's what I don't get AT ALL... CoffeeCat Feb 2012 #10

Ayup...the chart for the Baltic Dry Index is pretty damn scary. And consider these two items... Roland99 Feb 2012 #13

Meanwhile, out in the real world, people are still hurting MadHound Feb 2012 #9

Wow! I did not know that... CoffeeCat Feb 2012 #11

What is key is the companies that make up the Dow MadHound Feb 2012 #12

How wonderful for the 1% eridani Feb 2012 #14

That was my thought Populist_Prole Feb 2012 #15

Jobs are our biggest export Art_from_Ark Feb 2012 #16

My 401 K and IRA's look damn good, B Calm Feb 2012 #17