Dow Up In March After 6 Down Months

[Purveyor]

Source: CNN Money

NEW YORK (CNNMoney.com) -- Stocks surged Tuesday, recharging the rally that gave the Dow Jones industrial average its first month of gains after six straight declines. But all three major gauges declined in the first quarter.

On Tuesday, the Dow Jones industrial average (INDU) rose 87 points, or 1.2%. The S&P 500 (SPX) index gained 10 points, or 1.3%. The Nasdaq composite (COMP) rose 27 points, or 1.8%.

All three major gauges had posted bigger gains through the late afternoon, but the advance lost some steam near the close.

Stocks fell for the previous two sessions as worries about the auto and bank sectors caused a selloff. Prior to that, stocks had gained more than 20% as the Dow and S&P 500 bounced off 12-year lows. The gains were sparked by optimism that the economy is closer to stabilizing.

Up until the last few minutes of trade, the Dow had been on track to see its best March since 1928. But some late selling left the blue-chip indicator with a monthly gain of just 7.7% - the best since March 2002. The S&P 500 gained 8.5% in March, its best since March 2000.

The Nasdaq gained 10.9%, its best March ever, going back to its inception in 1971.

Read more: http://money.cnn.com/2009/03/31/markets/markets_newyork/index.htmC

[MercutioATC]

1. Dead. Cat. Bounce.

We still haven't reached bottom.

[IDFbunny]

4. Im sure they'll be some false bottoms,

trick is to know where they will start and end. From '29 to '32 there were 6 false bottoms.

[TheWatcher]

2. Chocolate Rations are up 7.7%

:eyes:

The Propaganda has become almost Soviet Level.

Let's see how they spin tomorrow when every bit of today's "gains" (Based on nothing) are given back in the first hour of trading.

This whole Rally has been based on fraud and Propaganda.

WAKE. UP. PEOPLE. You can't cheerlead to a recovery.

http://quotes.ino.com/chart/?s=CBOT_YM.M09.E

[Journeyman]

3. Kind of like a last place Major League Baseball team playing .600 ball in September. . .

It gives the fans warm fuzzies but doesn't amount to spit unless it helps with recruitment and then carries into the Spring.

[New Dawn]

5. Yet it is still down 6,555 points from its all time high (in October of 2007).

Corporate media spins everything.

[Name removed]

6. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Wednesdays]

8. Yup, global currency...

And the U.N. black helicopters are sure to follow...

[dipsydoodle]

7. IMHO use of the percentages is completely meaningless.

There's a whole of difference between , for example, 5% of 12000 amd 5% of 6000.

[Dawgs]

9. No!!! The sky is still falling!!

Waahhhh, wahhh, wahhh!!

Give me a fucking break people. A small bit of good news doesn't hurt.

[TheWatcher]

10. Actually, why don't you give those who are actually engaging in crtical thinking, logic, and reason

A fucking break.

I guess it's time to break out the "Wahhh, wahhh, wahhh" childishness whenever anyone tries to explain to you what is really going on, and how this whole "Rally" is a CON JOB.

You just get SO pissed off that people actually give a shit about reality, and do not want to see thier fellow countrymen fall for a shell game that is composed of nothing more than well-crafted propaganda and smoke and mirrors.

Well excuse us for interrupting your Truman Show Like belief in a "recovery" that doesn't exist.

The "small bit of good news" that you seem to want to defend with your life is based on Propaganda and Programs, Schemes, and Bills that do nothing but prop up the poisonous establishment that got us into the Crisis to begin with.

Why don't you try WAKING UP and actually LOOKING at the News that came out today and attempt to reason why the Market should be bullish at all. How it in ANY WAY points to anything other than things are getting WORSE.

The Propagandists are still preaching for you to "buy, buy, buy" While the insiders are quietly SELLING and CONSOLIDATING to the Sheep and protecting their own asses, while transferring what little of OUR wealth and treasure we have left.

But if you believe all the bullshit the Propagandists are telling you, why not just giggle and snicker and look at the rest of us and smile and say it doesn't exist, and move on.

That's what most Americans do these days anyway.

Christ, so many in this country WANT to be lied to. WANT to be scammed. WANT to be fleeced. WANT to be looted.

What they DON'T want is the Truth. And they'll avoid it at ANY cost.