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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down


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Thursday, 7 April 2011

DOW - Nearly 3-Year High

Dow12,426.75+32.85+0.27%
By: Abby Schultz, JeeYeon Park


Stocks closed higher amid rising prices for oil and gold, as the market hit new highs.

The Dow Jones Industrial Average rose 32.85 points, or 0.27 percent, to close at 12,426.75, the highest close for the blue-chip index since June 5, 2008

The S&P 500 gained 2.91 points, or 0.2 percent, to close at 1,335.54, breaking through a key resistance level at 1,333. It was the highest close for the broad market index since Feb. 18.


The tech-heavy Nasdaq gained 8.63 points, or 0.3 percent, to close at 2,799.82, also the highest close since Feb. 18.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, fell below 17.

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