DJIA back to pre-2008 levels, NASDAQ hits 3000 for first time since 2000

[King]

http://www.cbsnews.com/8301-505123_162-57396603/nasdaq-3000-12-years-later/?tag=stack

This could be significant or it could be dire for the President, as no Democrat has ever won an election with the Dow above 13000 and NASDAQ above 3000.  We'll see after the deluge.

[Tidewater_Wave]

it's about time

[Beet]

Price/earnings ratios are a lot more reasonable than the last time the Nasdaq was at 3000.

[Tidewater_Wave]

I just wish gas prices would go back to what they were in 2008.

[Nhoj]

I just wish gas prices would go back to what they were in 2008.

Approaching 5$ a gallon in many places? Id rather not.

[patrick1]

http://www.cbsnews.com/8301-505123_162-57396603/nasdaq-3000-12-years-later/?tag=stack

This could be significant or it could be dire for the President, as no Democrat has ever won an election with the Dow above 13000 and NASDAQ above 3000.  We'll see after the deluge.

Channeling JJ, I like it.

I think the days of people judging the health of the economy by the DJIA or NASDAQ are gone, or at least they should be.

[Tidewater_Wave]

I just wish gas prices would go back to what they were in 2008.

Approaching 5$ a gallon in many places? Id rather not.

They're almost $4.00 a gallon and it's only March. In July it will be worse.