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re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum
Posted on 3/2/09 at 2:57 pm to Hammond Tiger Fan
Posted on 3/2/09 at 2:57 pm to Hammond Tiger Fan
quote:
I'm waiting for the market to tank and when I think it has reached it's low point, I'll will start investing for the first time in my life and hopefully reap the benefits
same here.
now i just have to hope that the people that pay my salary don't lose so much that i am let go.
0
Posted on 3/2/09 at 2:59 pm to reddman
quote:
The shite will bounce back. It always does.
as long as you define "always" as the time since 1940.
ETA: on the NYSE.
This post was edited on 3/2/09 at 2:59 pm
Posted on 3/2/09 at 2:59 pm to Sid in Lakeshore
quote:
That's the kind of financial analysis I can rely on.
I hope you were not mocking me. If we were going to do this shite the right way we should have had Ron Paul as president to handle our economic problems.
Posted on 3/2/09 at 3:01 pm to Lil Br Tiga
quote:
I hope you were not mocking me.
He was and it was funny.
Posted on 3/2/09 at 3:01 pm to Colonel Hapablap
my first foray into the market was putting my pocket change into a DRIP with general electric when i was a freshman at CHS about four months after the 1987 crash .. i didn't put a whole lot in at the time, but when that bitch started spliting it was gold ..
Posted on 3/2/09 at 3:04 pm to TigersRuleTheEarth
Change you can believe in. That is all you need to remember.
Posted on 3/2/09 at 3:05 pm to Colonel Hapablap
It took about 30 years for the crash of 1929 to be brought back, and that doesn't account for inflation.
Posted on 3/2/09 at 3:05 pm to Lil Br Tiga
quote:
If we were going to do this shite the right way we should have had Ron Paul as president to handle our economic problems.
Posted on 3/2/09 at 3:06 pm to MileHigh
quote:
It took about 30 years for the crash of 1929 to be brought back,
Jeeze you're making me feel so much better.
Posted on 3/2/09 at 3:07 pm to MileHigh
quote:
It took about 30 years for the crash of 1929 to be brought back, and that doesn't account for inflation.
We need WWIII to get us out of this mess.
Posted on 3/2/09 at 3:08 pm to Lil Br Tiga
quote:
we should have had Ron Paul
Well, at least we can agree on that. Hell I would have settled for the Mormon. I got NO confidence in either of the two choices we had.
Posted on 3/2/09 at 3:08 pm to TigersRuleTheEarth
quote:
Jeeze you're making me feel so much better.
I aim to help out.
Posted on 3/2/09 at 3:08 pm to MrKennedy
1953 to be exact ... and yes, world war II was a huge part of that ..
Posted on 3/2/09 at 3:10 pm to Lil Br Tiga
quote:
The market didn't drop down this low on W's watch
Yes it did. Drpped about 29% from Oct to jan. 20. Has dropped about 15% since jan 20.
quote:
Anybody that knows about the stock market knows the price reflects expectations.
I expect it to be bad for some time. So yes, the stock market should be going down.
quote:
Since Obama has been in office expectations have dropped.
I think its a continuation of the last 6 months and really the last 18 months.
The fact is, the credit markets have loosened somewhat since Obama took over. This is more important than the stock market right now. And somsumer spending was up last month. I think that is a blip but still better than down.
Posted on 3/2/09 at 3:12 pm to reddman
quote:
The shite will bounce back. It always does.
I don't know where to start.
Posted on 3/2/09 at 3:13 pm to Dallas Tiger
What are some of the indicators we are going to be looking for that a slow in the fall is coming? With layoffs growing I can not see consumer spending continuing to rise for any length of time.
Posted on 3/2/09 at 3:13 pm to F Head
quote:
If you do that, inflation may render your retirement stash little more than a large pile of rolling paper.
A zero % return kicks the crap out going long on equities for the past 10 years.
Posted on 3/2/09 at 3:15 pm to MileHigh
quote:
It took about 30 years for the crash of 1929 to be brought back, and that doesn't account for inflation.
What would that have looked like with DCA?
Posted on 3/2/09 at 3:16 pm to Sid in Lakeshore
quote:
Hell I would have settled for the Mormon
He was my choice.
Posted on 3/2/09 at 3:34 pm to Cash
One thing it seems nobody is talking about recently is the possibility we will never reach the recent highs set by equities. With the world relying on one primary source of energy for the past century (oil) which also happens to be finite, what if we have reached some kind of plateau in growth?
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