THE DOW 10,000 HYPE IS HARD TO TAKE...
AFTER ALL THE DOW CROSSED 10,000 TEN YEARS AGO...AND THAT WAS BACK WHEN THE DOLLAR WAS WORTH SOMETHING...AND THE US HAD AN INTEREST RATE...
GOLD WAS AROUND $200...AND YOU COULD BY A EURO FOR 87 CENTS...NOT THE $1.50 IT COSTS TODAY...
THIS CELEBRATION IS SORT OF LIKE HAVING A PARTY BECAUSE YOUR NEIGHBORS NEPHEW HAS BEEN OFF HEROIN FOR SIX MONTHS...!
YEAH...OK...YIPPEEE.... KEEP UP THE GOOD WORK...!
THE TRUTH IS THAT IF YOU WERE IN ANYTHING BUT STOCKS OVER THE LAST 10 YEARS...YOU'D HAVE BEEN BETTER OFF...
OIL...GOLD...SILVER...CORN...COPPER...YOU NAME IT...
ANYTHING BUT STOCKS...AND ESPECIALLY THE DOW...IS UP BIG SINCE 1999...
IF YOU OWNED THE DOW FOR THE LAST TEN YEARS...
YOUR ONLY BRAKEING EVEN...
AND THAT IS ON A NOMINAL BASIS....NOT CONSIDERING INFLATION...AND THE FACT THAT BERNANKE HAD TO CAUSE A DOLLAR COLLAPSE TO DO IT...
PRETTY SAD...PRETTY SICK...
BUT HEY...THIS IS THE ERA OF FOX NEWS, RUSH, HANNITY...SAD AND SICK IS PAR FOR THE COURSE NOW...
PARTY ON...ASSHOLES....
