# DOW Breaks All Time Record!
**URL:** https://forums.speedlife.net/t/dow-breaks-all-time-record/18154
**Category:** NYSpeed Off Topic
**Created:** [September 28, 2006, 7:08am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154 "2006-09-28T07:08:05Z")
**Posts on this page:** 18
**Page:** 1
### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [September 28, 2006, 7:08am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/1 "2006-09-28T07:08:05Z")
[http://www.foxnews.com/story/0,2933,216259,00.html](http://www.foxnews.com/story/0,2933,216259,00.html)
It’s gone down slightly since breaking the all time closing high, but it’s still a very good sign to see it as high as it is. Flirting with the high set prior to the dot com bubble popping and 9/11.
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### Author:  [@brent\_strong](https://forums.speedlife.net/u/brent_strong)
#### Post date: [September 28, 2006, 7:11am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/2 "2006-09-28T07:11:38Z")
I blame Bush. That bastard.
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### Author:  [@EvilJay](https://forums.speedlife.net/u/EvilJay)
#### Post date: [September 28, 2006, 7:39am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/3 "2006-09-28T07:39:39Z")
I blame you hoodlum kids and your imported motorcars!
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### Author:  [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)
#### Post date: [September 28, 2006, 8:38am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/4 "2006-09-28T08:38:22Z")
> [@brent\_strong](#):
>
> I blame Bush. That bastard.
:lol:
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### Author:  [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [September 28, 2006, 8:41am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/5 "2006-09-28T08:41:58Z")
> [@brent\_strong](#):
>
> I blame Bush. That bastard.
Me too. It’s good to see we finally made it back to the levels of 1999/2000, coincidentally right before a certain election :tup:
of course, adjusted for inflation, we’re way short of 6 years ago, but still, least the budget is still balanced :biglaugh:
on another note, if you do own stocks be prepared to pull out of them shortly or wait it out for the long haul…the yield curve is still way inverted and the housing market is screwing everything up, we have a recession coming real quick
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### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [September 28, 2006, 8:42am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/6 "2006-09-28T08:42:55Z")
> [@brent\_strong](#):
>
> I blame Bush. That bastard.
For once, I do to. Him and Congress.
It’s ok though, after the elections we’ll get a bunch of new people in and I’m sure they’ll find a way to “fix” the economy 😉
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### Author:  [@Rx3](https://forums.speedlife.net/u/Rx3)
#### Post date: [September 28, 2006, 2:05pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/7 "2006-09-28T14:05:42Z")
Yeah I was watching that today on CNBC.
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### Author:  [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)
#### Post date: [September 28, 2006, 2:29pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/8 "2006-09-28T14:29:39Z")
11,718 still not quite there…and FYI
see that big dip there…yeah not so much 9/11 or the .com bubble
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### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [October 3, 2006, 10:25am UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/9 "2006-10-03T10:25:01Z")
And now the record is broken:
> **[CNNMoney.com Market Report - Oct. 3, 2006](https://money.cnn.com/2006/10/03/markets/markets_0130/index.htm?cnn=yes)**
>
> The Dow Jones industrial average hit its highest level ever Tuesday afternoon, taking out the record trading high hit in January 2000, before backing off a little bit, as investors scooped up a variety of shares amid slumping oil prices.
> NEW YORK ([CNNMoney.com](http://CNNMoney.com)) – The Dow Jones industrial average rose to its highest level ever Tuesday afternoon, taking out the record trading high hit in January 2000 before stepping back a little, as investors scooped up a variety of shares amid slumping oil prices.
:tup:
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### Author:  [@Roush97](https://forums.speedlife.net/u/Roush97)
#### Post date: [October 3, 2006, 5:44pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/10 "2006-10-03T17:44:05Z")
The shit is about to hit the fan again, give it a few months.
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### Author:  [@walter](https://forums.speedlife.net/u/walter)
#### Post date: [October 3, 2006, 5:50pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/11 "2006-10-03T17:50:47Z")
The DOW being up on it’s own like it is, is more of a bad sign than a good sign and is more of a sign of investors lack of confidence in the economy. Look at where the NASDAQ and other indexes are.
:tup: to strong market understanding
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### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [October 4, 2006, 1:20pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/12 "2006-10-04T13:20:03Z")
Maybe today will make you happier Walter, or are you determined to believe the economy is in bad shape?
Dow set new record, up 123.19 points to 11,850.53
Nasdaq up 47.30 points to 2,290.95
S&P Sets 5 & 1/2 year high at 1,350.21
Sure, the Nasdaq is no where near it’s all time high, but that’s rightfully so. It’s all time high was set when anything with “.com” in it’s name was trading at 100+ a share.
Here are the 10 year graphs for each:
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### Author:  [@JEG](https://forums.speedlife.net/u/JEG)
#### Post date: [October 4, 2006, 2:15pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/13 "2006-10-04T14:15:13Z")
:tup: Yeah…good thing Bush is still fucking us over, or we might not be breaking records.
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### Author:  [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)
#### Post date: [October 4, 2006, 2:17pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/14 "2006-10-04T14:17:07Z")
> [@JEG](#):
>
> :tup: Yeah…good thing Bush is still fucking us over, or we might not be breaking records.
do you even have money in the stock market?
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### Author:  [@JEG](https://forums.speedlife.net/u/JEG)
#### Post date: [October 4, 2006, 2:36pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/15 "2006-10-04T14:36:05Z")
> [@JoesTypeS](#):
>
> do you even have money in the stock market?
No, I don’t have any extra money to invest. Oh, btw, it was a sarcastic comment about Bush :bloated:.
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### Author:  [@JaysGreenLX](https://forums.speedlife.net/u/JaysGreenLX)
#### Post date: [October 4, 2006, 2:38pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/16 "2006-10-04T14:38:57Z")
> [@JEG](#):
>
> Oh, btw, it was a sarcastic comment about Bush :bloated:.
HOLY SHIT!!! I thought you were serious.
:roll2:
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### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [October 4, 2006, 4:00pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/17 "2006-10-04T16:00:05Z")
Come on Joe… nothing better than that? I remember your pre-election preditions of you dancing in the street singing “I told you so” when the economy was in the toilet because of this administration.
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### Author:  [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)
#### Post date: [October 4, 2006, 4:56pm UTC](https://forums.speedlife.net/t/dow-breaks-all-time-record/18154/18 "2006-10-04T16:56:05Z")
The economy is still in the shitter…wages are stagnant, down compared to inflation
Come back and talk to me once the sell off happens shortly…