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S&P 500 trades above ALL-TIME closing HIGH

 
amachiavellian
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03/28/2013 07:55 AM
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S&P 500 trades above ALL-TIME closing HIGH
[link to www.latimes.com]

NEW YORK -- The benchmark Standard & Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally.

The broad S&P index is on track to finish the day above its all-time closing high of 1,565.15 recorded Oct. 9, 2007. The S&P crossed the milestone just days after the Dow Jones industrial average did the same thing Tuesday, March 5.
 Quoting: link

— read for knowledge, not answers.
Anonymous Coward
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03/28/2013 07:57 AM
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Re: S&P 500 trades above ALL-TIME closing HIGH
hiding
Anonymous Coward
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03/28/2013 07:57 AM
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Re: S&P 500 trades above ALL-TIME closing HIGH
debt = wealth in an upside down debt driven fractional reserve bankster system
Anonymous Coward
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03/28/2013 08:00 AM
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Re: S&P 500 trades above ALL-TIME closing HIGH
Didnt we start the decline of 2008 shortly after the just broken record?
CripplingLies

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03/28/2013 08:06 AM

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Re: S&P 500 trades above ALL-TIME closing HIGH
Didnt we start the decline of 2008 shortly after the just broken record?
 Quoting: Anonymous Coward 36128867


Yes it did, but somehow, in early 2009, it started to skyrocket, culminating with this point, right now: 1567,90 an all time high, no doubt. What does it mean? Maybe nothing, but, it also can mean that if it starts to sink again, this time can go even lower than in the end of 2008 reaching 672,xx

So, right now, it worth almost 3 times what it used to worth 5 years ago.
Anonymous Coward
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03/28/2013 08:06 AM
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Re: S&P 500 trades above ALL-TIME closing HIGH
Adjusted for inflation?

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