The people who said the same thing after buying the Nasdaq on 3.10.00 probably felt a bit different a bit later on.
Quadruple: To multiply or be multiplied by four: Dow on Jan 20, 2009 -- 7949 S&P on Jan 20, 2009 -- 805 NASDAQ on Jan 20, 2009 -- 1440 To quadruple the above we would get 31,796 (Dow), 3220 (S&P), 5760 (NASDAQ). Today's close was 16,838, 1971 and 4508 respectively. Which of the above quadrupled?
I trade only the Naz. It was near a thousand when Obama was elected. Do you know when the elections take place?
Uhhhhh ... you should have let me use the sworn in date. Now you look even more stupid. 1780 is not the same as 1000!!! 4 x 1780 = 7120 ... close today was 4508. 4508 is NOT 7120. Nov 4, 20081,761.091,785.841,739.811,780.122,306,350,0001,780.12
Actually, when it comes to stupid, I can't even compete. If you understand how to read a chart, look at the NDX in October, 2008. From that point, with a slight retrace in March, 2009, the market has gone up with hardly a pause. Is it exactly 4 times? Probably not. Maybe it's 3.9 times. Who gives a damn? It doesn't matter. If you spent more time thinking and less time playing gotcha, you'd get much farther and be a far less sour man.
You're not even fucking close on your supposed quadruple. And when did we move the elections to October? It's a triple at best idiot. If you spend more time dealing with FACTS, and less time lying, people wouldn't rip you a new one day after day.