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Originally Posted by M/// Guy
Anyone seen what the stock market is up to these days?...
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Quote:
Originally Posted by M/// Guy
Agreed, Im not even going to argue or make points toward how our economy is doing well. (besides the housing market)
Also yea.. the Dow hit a record Index record high of 14115.51 on monday and closed at a record of 14087.55.
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Yes, I watch the market everyday. The problem is, this is the money coming out of housing/real estate. It's a see saw effect, money first came out of the stock market(after the bubble bust), then into the tangible/real estate market, now that is busting, and the money is going back into the stock market. The problem is, the stock market is now heavily moved by momentum/speculation/emotions and not fundamentals, so you can't trust it. It bubbled/busted once(recent history), it can and probably will happen again.