Monday, January 09, 2006

Dow Surpasses 11,000 Mark

From the AP.

NEW YORK (AP) -- The Dow Jones industrial average closed above 11,000 Monday for the first time since before the Sept. 11, 2001, terrorist attacks, lifted by a five-day rally that has sent stocks soaring so far in 2006.

According to preliminary calculations, the average of 30 blue-chip stocks ended the day up 52.59, or 0.48 percent, at 11,011.90, its first finish above 11,000 since June 7, 2001, when it closed at 11,090.74.

I would like to take a moment to remind the leftists that troll this site, of their use of the Dow's plunge in the days immediately following 9/11 for political purposes, in spite of the fact that politics played no part of it. The market decided what the Dow was then and today the market decided that it should go back up, above the 11,000 mark. Once again, Bush had nothing to do with either event.

But how well we all remember, your attempts to attach that responsibility to him during the past election. How well we all remember, the Democrats comparing the Dow when Bush took office and the Dow at the time of the 2004 election. How well we all remember, you claiming that if Bush was re-elected, the Dow would plunge even further.

Do you remember?

I do.


All_I_Can_Stands said...

Liberalism depends on short memories and is hard pressed to survive a long term memory.

LASunsett said...

Either that or it's selective memory.

G_in_AL said...

They are not trying to dis-associate it from Bush as much as they are trying to push that this is a "false indicator", because it only shows how much money the executives have.