Boy, the stock market is really up today.

[leftyladyfrommo]

I am kind of surprised. What with all the problems the Republicans are having right now. And protests in all the city streets.

Makes me wonder if Wall Street would be glad to see Bush out of office and someone in with some brains.

[DS1]

1. 22 points isn't really up

it's not even a quarter of a percent

[leftyladyfrommo]

3. When I looked it was over 11,300 - maybe I saw it wrong.

Will go back out and look again.

Hey, at least its not falling. When that sucker went into freefall it really screwed me up. I lost big time. And am still trying to come back from it.

[leftyladyfrommo]

5. Nope, still just over 11,300. And Gas is down to $71 a

barrel.

I think the price gouging threats may bring the price down a tad. They did the last time people began to really pay attention to the price.

[Warpy]

2. The broker/financial advisor I inherited from my pop

seems very unhappy with the present state of things. He's alarmed about the saber rattling over Iran's non existant bomb threat, over the colossal bungling of the wars in Iraq and Afghanistan, and mostly over the reckless tax cutting and overspending that are sending the treasury into bankruptcy. He probably talks very differently to pro Stupid investors, but I haven't fed him anything and just let him describe what the problem is according to him.

If one of these guys is willing to talk like that, I have to wonder how they talk about the situation among themsleves.

You bet Wall Street would like to see the Chump in Chief gone. The market has been largely flat since 1999 and should have recovered from the dotcom bust by now. The fact is that business in this country is not doing well. Offshoring may have saved pennies at the bottom line, but offshoring has also reduced their consumer base and resulted in a net loss.

The fiscal policy, the culmination of Reaganism, is wrecking this country and killing Wall Street's golden goose. My take is that they'll continue to give lip service because they all liked their own tax cuts, but they think he needs to go.

[leftyladyfrommo]

4. I think you may be right on. It surprises me because Bush

is so pro corporations. But that hasn't worked out all that well, has it?

[stop the bleeding]

6. I did all right this morning

;)

[leftyladyfrommo]

7. Hope you didn't have Microsoft!

I'm doing pretty good right now - which is good because I may never be able to find work again. I'm 57. Not good. I need all the help I can get. So I hope the market just keeps going up and up.

[stop the bleeding]

8. Do you know how to sell short?

Cause if you do then you can make money when the market/stock goes down.

[leftyladyfrommo]

10. I don't know how to do anything. My broker handles it.

[stop the bleeding]

12. ask your broker about selling short

you could have made money on Microsoft's decline over the past few days, personally I do all of my trading myself will only use the brokerage as a conduit for placing my trades. I don't trust brokers from my experience in the past they are good at pushing stock but not really good at anything else. That is just me, keep using them if you do not have a good grasp of the market which it sounds like you don't. After all it is better than going alone, but as I was saying above, they should be familiar enough in selling stock short, and is not any riskier than buying long(market goes up). In order to make a living in the market you need to be able to make money on both sides. If your broker is unable or unwilling to help you in making money on both sides then I would find another broker that will. The market is not gonna go up forever.

Take care ;)

[earthside]

9. Cheap Labor-Higher Profits

Hey ... Wall Street loves today's illegal immigrant marches.

If they can scare all the politicians into passing a permissive "guest peon" program and "earned" amnesty .. then the transnational corporations will be on the way to their goal: a low-wage United States.

[leftyladyfrommo]

11. Hey, it's pretty low wage from where I am right now.