Thursday, October 15, 2009

All Is Well ... The Dow Jones Industrial Average Is Over 10,000 Again!

The Dow will never fall below 10,000 ... Or will it?

Most of the time the Smartfella? says when someone tells him something worth knowing, “I knew that”.

He has never been overheard to say, “That’s news to me”.

However, there is one thing that has always puzzled me. It’s the closing of the New York Stock Exchange each and every day.

If the Stock Market has gone up dramatically that particular day, there is this overhang that looks out at the exchangers who have just finished exchanging and there is a group of people standing in the overhang that are applauding and smiling and smiling and applauding. They look really happy!

On those days when the Stock Market has fallen like a heavy rock, there is another group of people standing on the overhang and they are applauding and smiling and smiling and applauding. They look really happy!

This does not seem to make sense to the Smartfella?. Why are they happy when the Stock Market goes up and are just as happy when the Stock Market goes down? On those horrible down days do they not understand that fortunes have just been lost? Do they not see that lives have just been ruined? Do they not comprehend that in the next several hours a number of recently-used-to-be-rich Americans will be jumping out of tall buildings all over the country?

Maybe that is it! The people applauding on those crash days are the people who rent window space to that day’s jumpers. The used-to-be-rich are desperate to end it all and the Jumpers R Us Industry is always ready to serve. They advertise, “Space is limited. Take a number. Have a donut on us. We promise to move you through as quickly as possible”.

Would I kid u?