why?

Posted on Thursday 12 October 2006


The Dow Jones industrial average broke through 11,900 to close at a record high Thursday, boosted by optimism over the health of corporate earnings. The index’s gain marked its fifth record close in two weeks; the Dow also set a record intraday high.

The markets were upbeat Thursday, with investors focusing on positive news from well-known consumer brands such as McDonald’s Corp. and on economic data that indicated the economy was holding up even as it slowed. Oil prices, which remain near lows for the year, also boosted the mood on Wall Street.

There goes my "october surprise" paranoia again. Why now? 

  1.  
    friendly joe
    October 14, 2006 | 2:24 PM
     

    And then there’s the HORRIBLE thought that if we provoke N. Korea enough for their purported niclear test, and they in turn declare war on the US, what happens to the elections.? This group of meglamaniacs wouldn’t think that way, would they?
    You know like declaring a state of ‘real’ war and thus no elections because of it! God forbid!

  2.  
    friendly joe
    October 14, 2006 | 2:28 PM
     

    Oops! ‘Megalomaniacs’. Sorry! Not the typist I used to be.

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