Dow is also up because people holding money on the sidelines to see whether there was a QE3 in the offing (one way or the other) have decided they’ve seen the bottom of the market for now.
Dead cat bounce.
Our economy is not operating in a traditional normal manner. Congress, using the Treasury and Fed, is manipulating things big time.
The Dow data reflects Congressional decisions, not the condition of the economy. It's similar to the "inflation' numbers, that don't include food, fuel, or anything they don;t like.
Politicians lie. They are lying to us through the Dow and inflation numbers also.
My greatest concern is that they are going to lie to us about the vote count in the 2012 election!
"Those who cast the votes decide nothing. Those who count the votes decide everything." - - - Josef Stalin
Wait until they come for our 401 K’s ..................
........HEY, WAIT A MINUTE!Something smells here!
This is insider trading Marixst Style.
Hoard food, water and silver.
And ammo. Lots of ammo.
I wonder if there is a gold bubble now. Not knowing a lot about gold, I am just curious.