NASDAQ over 2000, S&P over 1000, Dow over 9200 - start of the Obama Bull Market?

[burdell]

Originally Posted by freefall

Its a 'Bull' market alright, based on lots of bulls**t.

When has Wall St ever been based on anything else?

[InformedConsent]

Originally Posted by EinsteinsGhost

While good news, I wouldn't place bets yet on market recovery. This is already one of the longest recessions in history, now approaching almost two years. I expect it to go down a bit again.

Yep... and here you go because you're not likely to see the truth from the U.S. msm...
US credit shrinks at Great Depression rate prompting fears of double-dip recession - Telegraph

Obama and his admin are making all the wrong moves. It's FDR's 11-year Great Depression stretch all over again.
Barack Obama accused of making 'Depression' mistakes - Telegraph

[Sunny-Days-in-Florida]

So are you saying the rich are getting richer then because I have never seen a poor needy person invest in wall street.

So Obama is helping the people who are already rich then right?

Goodness, I thought he was for the lower middle and low class people who need help. Guess he is not with record foreclosures, bankruptcies, car repo's, job losses, the most food stamps ever passed out, most people on welfare ever.

Yup, your right, he is helping only those who already have money and crapping on everyone else.

[HappyTexan]

The bankers are getting richer. A few are riding on their coat tails but it's investment bank program trading driving this bull market.

[evilnewbie]

I don't think much until the stock market goes back to 14000... anything else is merely regaining losses... its much better than going down I suppose... actually maybe not, since I am not retiring anytime soon... probably better for the near retirees... bankers making record bonuses is not something to be proud of...