UPDATE: Are your Big Media stocks back in the money yet? Both the Dow and the S&P 500 closed at highest levels since October 3, 2008. And the NASDAQ closed at its highest point since September 26, 2008.
GE - $16.84 +.45 +2.75%
GENERAL ELECTRIC
TWX - $30.66 +.06 +.20%
TIME WARNER INC
DIS - $28.91 +.50 +1.76%
WALT DISNEY CO
NWS - $12.60 +.32 +2.61%
NEWS CORP
CBS - $12.52 +.37 +3.05%
CBS CORP
DWA - $33.16 +.56 +1.72%
Dreamworks Animation SKG
LGF - $5.83 +.13 +2.18%
LIONSGATE ENTERTAINMENT
VIA - $30.58 +.49 +1.63%
VIACOM INC
SNE - $28.56 +.36 +1.28%
SONY


Well, I guess that means it’s due for another crash soon.
Yep, amazing what happens when the Fed lends everybody money at zero percent. People borrow to buy stocks and then the inevitable crash occurs when rates and inflation rise…