Will the Dow go over 11,000?

Bruce S · #1 (**permalink**) 11-30-2005, 02:00 PM

I am curious if anybody is watching the stock market? It will be interesting if the Dow does hit 11K hasn’t been there in awhile. They all seem to be talking about a housing bubble bursting but yet you see all the new reports coming out and now they are saying what housing bubble.

Robert Kulinski · #2 (**permalink**) 11-30-2005, 02:28 PM

I don't think it will. The market has the Republican whammy on it. Since 1904 the market has never gone up while a Republican has been in office. No politics, just a fact.

**James** · #3 (**permalink**) 11-30-2005, 04:49 PM

It's getting close to 11,000, just not sure if there is enough stream to make it there by years end.

Bruce S · #4 (**permalink**) 12-07-2005, 02:11 PM

I think you are right Robert, I don't think it's going hit by years end. With GMs problem and Coke's new problems. Just ain't going to happen.

Robert Kulinski · #5 (**permalink**) 12-07-2005, 04:46 PM

It's tax sell off time too. Everybody (who has them

) has to get rid of their dogs so they can utilize the write off.

**James** · #6 (**permalink**) 12-13-2005, 11:27 PM

Well I guess we should have all invested in gold now, it's at a 25 year high!

Robert Kulinski · #7 (**permalink**) 12-14-2005, 08:16 AM

So is Copper and Zinc

**James** · #8 (**permalink**) 12-15-2005, 07:39 AM

Looks like all metals are up. My Boeing stock is doing fantastic, I may have to think about selling some.....?

Robert Kulinski · #9 (**permalink**) 12-15-2005, 04:15 PM

I had a pretty good year on the stock market too. Actually, I had a pretty good year all the way around. I had gains on stocks this year of 65%,85%,72% and 128%. One was a mining company, the others were Coal,Cement and Title Insurance.

Bruce S · #10 (**permalink**) 12-16-2005, 11:49 AM

Yep the metals market is hot no doubt.