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01-28-2008, 09:19 AM
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#181
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,820
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i have reversed my opinion
i am now bullish on this market. i have sold my qid and dxd and have gone long looking for DOW 17,000. i have no specific time frame, and i am still very long precious meltals!
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01-28-2008, 11:57 AM
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#182
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Guest
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Quote:
Originally Posted by lamboguy
i am now bullish on this market. i have sold my qid and dxd and have gone long looking for DOW 17,000. i have no specific time frame, and i am still very long precious meltals!
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Have you thought about cryonics?
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01-28-2008, 12:05 PM
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#183
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Registered User
Join Date: Jan 2008
Posts: 96
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Quote:
Originally Posted by PaceAdvantage
Hey, how about that. While others will pound into your head that the sky is falling, Bush sucks, and the world is coming to an end, the good economic news JUST KEEPS ON ROLLING IN:
or how about this:
[/color]
May be improving? Oh really...MAY BE improving? WTF kind of talk is that? How much more evidence do you need? But because BUSH is in the White House, there still needs to be that "May be" qualifier in there....
Or better yet, the " relatively low 4.5 percent" line is another real KICK IN THE PANTS. RELATIVELY LOW? Compared to what?
During the past 50+ years, the unemployment rate has only been this low a HANDFUL of times. It was this low during the last three years of Bill Clinton, then before that, you have to go back to 1970 to find the last time the rate was 4.5 or lower.
But all that aside, I'll stand here and wait for all the Bush bashers to come by and give Bush props for his economic policies and tax cuts that have led to this prosperous point, especially when at the time of 9/11, all the pundits were predicting SERIOUS economic doom and gloom for the US from then on out...
Oh wait, that's right. Bush only gets credit when the economy is performing BADLY, not when it is on a serious upswing....I get it now....
Maybe I won't stand here and wait after all....it might get very lonely.
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Most people I know that hate Bush don't have him for econmic reasons. The one thing I'm concerned about and I dont belive the high profile candidates will do is fix our countrys deficit. I will say its hard to hear anything positive about the guy. I wish common people could run things because we wouldnt be stuck with the candidates we are.
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06-27-2008, 05:14 PM
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#184
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Registered User
Join Date: Jul 2002
Location: America
Posts: 6,955
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Quote:
Originally Posted by PaceAdvantage
Hey, how about that. While others will pound into your head that the sky is falling, Bush sucks, and the world is coming to an end, the good economic news JUST KEEPS ON ROLLING IN
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What is sad is this was posted only earlier this year? How the mighty have fallen? The market is now lower than when GW took office even WITHOUT ADJUSTING FOR INFLATION.
That "good economic news JUST KEEPS ON ROLLING IN"
Last edited by Secretariat; 06-27-2008 at 05:16 PM.
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06-27-2008, 08:37 PM
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#185
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 113,016
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Dumpster diving again, Sec?
__________________
Who does the Racing Form Detective like in this one?
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06-28-2008, 10:20 PM
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#186
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,813
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Quote:
Originally Posted by Secretariat
What is sad is this was posted only earlier this year? How the mighty have fallen? The market is now lower than when GW took office even WITHOUT ADJUSTING FOR INFLATION.
That "good economic news JUST KEEPS ON ROLLING IN"
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What has fallen? The stock market? It will rise and fall like that from time to time....have you been waiting all this time for the market to dive a bit?
Let me address your "zinger" with a couple of "zingers" of my own concerning "good economic news ROLLING IN":
We've supposedly just completed our NINTH month of RECESSION in this country (according to some, this "recession" started in October 2007), and yet, just the other day, the finalized GDP for the first quarter of 2008 came in at 1%. We haven't had one single quarter of negative GDP since this fairy-tale recession started nine months ago....and we haven't even come close to monthly job loss numbers that indicate a recession is here...(-49k Nonfarm payrolls last month, compared to -150,000 to -300,000 normally seen in a recession).
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06-29-2008, 02:32 PM
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#187
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s.e. pa.
Join Date: Apr 2005
Location: flag, az/hatfield, pa.
Posts: 5,122
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Yep, i doubt that sec got much into my book about the 2008 Recession.
And after the Employment rates record 52 month climb, then we ran into the NEW (voted for/people) Congress along with the big increase in fuel since our Newly voted for congress (by the people) we had to cope with the increase in Min wage. Which is not a bad thing, but must be taken into account.
Min. wage should be about $49.50, it is just that without a UncleGeorge/Chaney economy, we'll never get their.
Keep votting peps...
Next time should be a zingger
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06-29-2008, 04:50 PM
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#188
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Sunny Daytona Beach
Join Date: Mar 2008
Location: Daytona Beach
Posts: 2,302
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Please tell me which way is up??
Also How low has the dollar gone since GW??
R and I, who'd thunk it!!
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06-29-2008, 08:29 PM
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#189
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Registered User
Join Date: Nov 2002
Posts: 30,398
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Quote:
Originally Posted by skate
Yep, i doubt that sec got much into my book about the 2008 Recession.
And after the Employment rates record 52 month climb, then we ran into the NEW (voted for/people) Congress along with the big increase in fuel since our Newly voted for congress (by the people) we had to cope with the increase in Min wage. Which is not a bad thing, but must be taken into account.
Min. wage should be about $49.50, it is just that without a UncleGeorge/Chaney economy, we'll never get their.
Keep votting peps...
Next time should be a zingger
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Skate, where have you been?
Annotating your Professor Irwin Correy studies?
Quote:
If we don't change direction soon, we'll end up where we're going.
Marriage is like a bank account. You put it in, you take it out, you lose interest.
.......Professor Irwin Corey
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06-29-2008, 09:32 PM
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#190
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Registered User
Join Date: Nov 2004
Location: NJ
Posts: 2,098
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S&P 500
is basically flat since the day W took office
doubled from the low in '03 but if you are a "buy and holder" or retired - you've basically are down due to the inflation - even at 2%/year that would be more than 16% compounded. Fortunately, there are a lot of places to invest in the world - so while we've been spinning our wheels or digging out of a big hole for the last 7 years, other economies have been plowing ahead
Source for the info
Big Charts, interactive, decade for time value
With historical price check
S&P 500 on 1/8/01 was 1,295.86
Close on 6/27/08 was 1,278.38
Net: -1.35%
Under the evil Klinton from '92 - '00 from 400 to 1500+
Net: +275%
Under BushI
89-92; approx 300 to 400
Net: +33.33%
Under Regan
81-89; approx 120 to 300
Net: +150%
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06-30-2008, 02:54 PM
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#191
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s.e. pa.
Join Date: Apr 2005
Location: flag, az/hatfield, pa.
Posts: 5,122
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Quote:
Originally Posted by hcap
Skate, where have you been?
Annotating your Professor Irwin Correy studies?
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OK ok ok, i'm thinking, but i cant figure out this Correy guy, who is Correy.?
Hey, nice of you to stop by.
How well have you (we) made out thru my stock plays.
I figure the market to be down about 20%, big dropolla there.
But you and the-skate should be doing much better, what ya think? Unlike some Red Boarders, we have posted our plays long ago.
Let us recap:
Coal stocks since 2008
1) Arch (aci) up 59%
2) Peabody (btu) up 28%
3) Consol En (cnx) up 52%
4) Massey en ( mee) up 139%
5) foundationcoal (fcl) up 43%
I did give out Ford at $5.50 to $6.00 went to about $8.80 (hope you sold some), cause now they're bout $5.
But but but, my alltime fav , Capstone (cpst) went from $1.25 to over $4.00, up 150% this year.
So, that's just about where i've been.
Horses, not so good. But i'm gonna have a talk with BigDick, see what he says about them.
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06-30-2008, 07:01 PM
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#192
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Registered User
Join Date: Nov 2002
Posts: 30,398
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So you are goin' eye to eye with the "Big Dick".
Careful, next week is national shotgun week.
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