Dow Jones Opens At All-Time Highs And Economic Optimism Hits 15-Month Low!! JIM CRAMER: ‘We all know it’s going to end badly’

Tuesday, March 5, 2013
By Paul Martin

Investmentwatchblog.com
March 5th, 2013

Stocks opened higher Tuesday, with the Dow Jones Industrial Average topping its all-time high, boosted by upbeat economic data from Europe and as China pledged to meet its growth targets.

http://www.cnbc.com/id/100522542

Dow Jones Opens At All-Time Highs

On October 11th 2007, the ‘old’ Dow Jones Industrial Average reached its previous all-time high of 14,198.10 (with the all-time closing high of 14,164.5 on October 9th) as plans for the MLEC were rumored to save the world from the intensification of stress in the interbank funding markets. A week later, the Dow had dropped 5.5%; a month later it had dropped 8.5%; three months later it had slumped 18%. But, this time the ‘wealth effect’ will be different-er.

The Rest…HERE

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