The Market High

I saw that the Dow rose over 200 points today to hit a 2009 high, in fact a 13 month high.  So I checked out Yahoo Finance  to see what might have made the market move so dramatically to the good side.  Here were the headlines at 3:45 pm on Nov. 9.Electronic Arts posts 2Q loss, plans layoffs- AP Kraft's $16.4B Cadbury bid starts takeover tussle- AP Fed: GMAC to receive more bailout money- AP Fannie Mae tax credit decision could cost $5.2 bln- AP Energy prices jump even as Gulf storm weakens- AP Strollers recalled for fingertip amputation hazard- AP Gold rallies to a record high on dollar weakness- CNNMoney Ex-SEC lawyer pleads guilty in Marc Dreier case- AP China's Premier Warns Obama to Get America's Deficit to an "Appropriate Size"- Tech TickerLet's see: another corporation posts a loss, more layoffs, another bailout, a Fannie Mae problem, an energy price jump, record high gold, crime at the SEC, and China warning us about debt.  Not to mention baby...(Read Full Post)

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