Lachenburg
08-01-2005, 20:11
Lachenburgian Stock Market Booms, as stocks rally to 6130.47
Kalzenstein, Lach.– All over Lachenburg, investors continue to lie their pockets, after another sweeping gain on the Floor of the Lachenburg Stock Exchange (LSE). For the past 2 months, it seems that the bulls of the market have taken over the exchange, raising the LSE Verschelfelt Average from 5336.34 to an astounding 6439.56. Even last week, the market rallied 554 points before the exchange closed, leaving 42% of Lachenburgians even wealthier than before.
Even Chief economist, Franz Holestien replied to these gains as a “Amazing upturn within the market.” Most economists believe that the recently low prices of commodities and oil, along with positive fourth quarter returns provoked many investors into this frenzied buying spree. “Consumers just can’t control themselves. I mean, the market is so good that you couldn't possibly resist the temptation of buying.” says Marx Rolleburg, financial consultant for the Schziez and Halriegh Investment bank.
Even companies that had been faltering in the past, now seem to be gaining steam. The crumbling E&E Electric Company saw its stock grow from 19.19 to almost 43.23, since last week. And the Industrial Firm, Lawson & Group gained almost 30 billion USD, as its stock shot up from 8.60 to 21.43.
But many in the finiacial community believe that this massive growth will end very soon. Investors will once again see the need to sell and this economic roller-coaster will take a turn for the bad. But for the time being, investors continue to buy, as the LSE’s greatest financial streak goes into its 5th week.
Kalzenstein, Lach.– All over Lachenburg, investors continue to lie their pockets, after another sweeping gain on the Floor of the Lachenburg Stock Exchange (LSE). For the past 2 months, it seems that the bulls of the market have taken over the exchange, raising the LSE Verschelfelt Average from 5336.34 to an astounding 6439.56. Even last week, the market rallied 554 points before the exchange closed, leaving 42% of Lachenburgians even wealthier than before.
Even Chief economist, Franz Holestien replied to these gains as a “Amazing upturn within the market.” Most economists believe that the recently low prices of commodities and oil, along with positive fourth quarter returns provoked many investors into this frenzied buying spree. “Consumers just can’t control themselves. I mean, the market is so good that you couldn't possibly resist the temptation of buying.” says Marx Rolleburg, financial consultant for the Schziez and Halriegh Investment bank.
Even companies that had been faltering in the past, now seem to be gaining steam. The crumbling E&E Electric Company saw its stock grow from 19.19 to almost 43.23, since last week. And the Industrial Firm, Lawson & Group gained almost 30 billion USD, as its stock shot up from 8.60 to 21.43.
But many in the finiacial community believe that this massive growth will end very soon. Investors will once again see the need to sell and this economic roller-coaster will take a turn for the bad. But for the time being, investors continue to buy, as the LSE’s greatest financial streak goes into its 5th week.