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When the Dow reaches 14375, call me.....

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-04-06 08:10 AM
Original message
When the Dow reaches 14375, call me.....
That will be where the Dow should have been given infaltionary impact over the six years the Dow has underperformed...

(12720 * 1.13 with 13% being the rate of inflation over the past six years....)
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-04-06 08:23 AM
Response to Original message
1. And only 13% inflation in six years is but one of biggest lies emanating
Edited on Wed Oct-04-06 08:23 AM by indepat
from this administration: ask how much more prescriptions, health care, gasoline and home heating et al cost than six years ago, a period of time when the 'puke congress has refused to increase the minimum wage.
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-04-06 08:55 AM
Response to Reply #1
2. I agree....
But I am just going on their numbers....

As a matter of fact, it was Art Cashem on CNBC who brought this matter up when all the other talking investment strategists were gushing over the Dow record last week...
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razors edge Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-04-06 09:26 AM
Response to Reply #2
3. add to that
Bernanke cranking up the presses and no longer reporting the M-3 and who knows how high rates will go when the piper collects.
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TheBaldyMan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-04-06 09:49 AM
Response to Original message
4. When the US casualties in Iraq/Afghanistan overtake the DOW
in 9 years at the current rate or maybe when the DOW drops below the level of US casualties, attack on Iran anyone?

Bush probably think he'll be raptured by then anyway.
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