LooseSuits

DOW? Is that like a a MMORPG?

The DOW or Dow Jones Indexes as it's called is a stock tracking service and/or business in New York that keeps track of, well stocks of course.

Taken from the official Dow Jones website:

Dow Jones Indexes develops, maintains and licenses market indexes for investment products. Among its more than 3,000 indexes are the world's best known stock indicator, the Dow Jones Industrial Average, and the leading pan-European indexes, the Dow Jones STOXX Indexes.

Hope that helps.

It's funny how you don't hear much talk about "The worst economy since Hoover" and the like from Democrats anymore...

Speaking of record highs.... Apple (aapl) announced record revenues last night. The stock should see a nice pop today. Congrats to those of you who own Apple (both on paper and in real life)!

OH AAPL how i love thee :)

"The market goes up, the market goes down. But, over the long haul, the market goes up."
-Peter Burke, CEO Global Century Investments

Clearly, it will just keep going up.

SELL NOW!

Haha. I agree. Don't forget about the S&P, Nasdaq, Amex, etc.

Johnny's quote goes along with the basis behind buying market indexes and passive investing. :)

And then there's the issue of sub-prime mortgage lending and how that will ultimately affect the markets...but I won't get into that. It's not really fun to talk about.

Here are four adages relating to the Stock Market:

"As goes january, so goes the year."

"Buy on the rumor and sell the fact"

"Economists have correctly predicted nine of the last five recessions." (yes, that is the way that economist Paul Samuelsen stated it.

"If you're going to panic, panic early."

"Johnny's quote goes along with the basis behind buying market indexes and passive investing. :) "

It's also from a satirical sketch on Saturday Night Live:

Global Century Investments

:)

I wish I woned Apple stock.. or Coke.. or IBM.. or Microsoft.. or any stock.

It's a pity (for you) your currency isn't worth jack though.

For those of you not in the loop, I could buy an entire US state for the price of a loaf of bread, or there abouts. While that has nothing to do with internal business, you're getting reamed on exports.

@ fray: hahaha, I'm in the same boat. Owning things worth money is always a good thing!

Oli but what are you gonna do with a state full of crazy people?

Sell them to buy apple and google shares to skew the system so much more... Then I'll buy the rest of the country for a slice of slightly stale toast smothered in slightly rancid cream.

Global domination ensues.