Quote Originally Posted by Rucker61 View Post
DJIA = Dow Jones Industrial Average, the most commonly used method to gauge the health of the economy, based on a select subset of stocks.
This is not true. Not even close. I've been in the market for a long time and dramatic turns in the economy will effect the DOW but so will what's going on in Europe and just about everything else effects the markets. We're in a nearly global economy. One strong factor in 'lifting' the markets now is the belief that obama will be unemployed soon. Just like the market dived 4 years ago when it looked very likely a Dem was going to win the white house. You can love obama all you want but don't think for one minute that business loves him. He hates business people and we hate him.