Dow up over a hundred again today with all the good economy news, eom.

[EV_Ares]

[county worker]

1. When with the wing nuts spin this as not really good news and that Obama is recking the economy?

How will the right spin this?

[EV_Ares]

2. LOL, you are right, the other day, was at the gym and the TV had Fox on

and it was Cavuto's show and the ticker underneath was talking about housing interest rates up, didn't talk about the market. Too good of news i guess.

[zbdent]

16. I'm surprised they haven't already

done so on this thread ...

[Oregone]

3. Shareholders unite in celebration!

Except for the ex-workers who had to sell off their shares to cover their mortgage while waiting for a job.

[tjwash]

6. Do you go from post to post browbeating everyone that shows the slightest optimism in the economy?

aye...

[Oregone]

8. Its more of a random selection process

Tough to describe in detail. When it feel right, it feels right.

[livetohike]

4. Even the usually right wing talking heads on CNBC can't

deny that the economy has taken a turn. They are even talking down Sam Zell right now who is extremely pessimistic.

[Subdivisions]

5. OKAY!!! This recession is over. Quit sitting around on your lazy asses and get back to work! n/t

[MadHound]

7. So the market fortunes of thirty companies are now being treated as gospel around here?

The hypocrisy, it burns.

[DCBob]

9. No, but this takes a major talking point away from the rightwing idiots....

They have been desperately tying to convince us that Obama's "socialism" is bad for business.

[Cali_Democrat]

10. True...but then some people on the left will see it as proof of Obama's corporatism

It's really a no win situation.

[DCBob]

13. Would those who claiim Obama's a corporatist prefer the market to crash??

That would bad for almost everyone and just play into the hands of the GOPers.

[Cali_Democrat]

17. Of course the people who think Obama is a corporatist want the market to crash

And yes, that would play into the hands of the GOPers. Some people are so myopic that they can't see the big picture.

[MadHound]

11. At the expense of another market bubble being pumped up

Which is currently what is happening with the markets, another bubble, shortly followed by another bust. Right now we're caught in a fairly calm stretch between the collapse of the residential housing market and the oncoming crash of the commercial real estate market.

[DCBob]

14. Yes, there could be bubble developing... investors should be prudent.

But, at the moment, the market going up is not bad news.

[onenote]

19. how "shortly" will this bubble burst

You seem to be pretty certain, so can you give us a rough timeframe?

[Donnachaidh]

12. I'm sure that's comforting to the millions of unemployed people

Whoopee! The elite made more money on the market today - and all I got was food stamps. :sarcasm:

[Fumesucker]

15. Well, Cramer is optimistic..

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8149425

Says we are six months away from genuine prosperity..

Prepare for the econopalypse..

[sendero]

18. Yeah..

..... I think everyone should party like it's 1999 and put your entire savings and retirement in the stock market.

I'm sure it won't crash this time.