Dow Jones Translucent Record High

Headline - the Dow Jones Industrial Average managed to rally and record a new record high at the close of New York trading Tuesday or early Wednesday West Indonesia time.


The Dow rose more than 125 points and closed at 14253.77 new, highest of the previous record in October 2007. Earlier, in transactions daily or intraday, the Dow briefly topped 14286.37.

The S & P 500 was recorded, an increase of 15 points, or about two percent and approaching the highest level since October 2007.

"We go back to the highest level in history, but we had more things going on in the economy, so the market is now waiting for sentiments that would happen," said Art Hogan, Lazard Capital Managing Director, as quoted from the pages of CNBC, Wednesday, March 6, 2013.

He explained that the stock market is back successfully penetrated the highest level as in 2007, but the economy is still in crisis despite improving slowly.

Positive sentiment now, said Hogan, making stock prices seem cheaper than fair price. In addition, the circulation of more money and the debt is also reduced.

Meanwhile, not all of the major stock indexes climbed to a record high. Nasdaq Composite, which rose more than 42 points, seen only 40 per cent below its previous peak that occurred in March 2000.

Sources: http://bisnis.news.viva.co.id/news/read/395429