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Registered
Join Date: Oct 2002
Location: SE PA
Posts: 3,188
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Dow closes at Record High
Whoo Hooo! Thank God the aftereffects of Clinton's insidious bubble economy are finally over. George Bush and his team of brilliant economists have delivered a REAL boom. And he did it without having to overpay a bunch of snotty programmers.
Good work, Mr. Bush! |
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10-03-2006, 12:19 PM
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Yeah, I bet all the gurus in treasury bonds since 1999 are still patting themselves on the back.
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10-03-2006, 12:57 PM
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Too big to fail
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...and we're spending $2B a week in Iraq...
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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10-03-2006, 01:01 PM
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Join Date: Jan 2005
Location: Atlanta, GA
Posts: 1,392
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Actually, the market is predicting Republican wins next month.
Anyone know how often the market is right? Let's hope it is this time! |
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10-03-2006, 01:03 PM
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Quote:
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10-03-2006, 01:08 PM
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Too big to fail
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And we have billions - if not trillions - of RE loans on the brink of default
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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10-03-2006, 01:12 PM
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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,967
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Please do not post any good news in the future, especially economic.
The "cut and paste" crowd on the OT are so busy drooling over themselves and hoping that they have finally found a way to win an election (as they have no platform and few leaders running) that they cannot be bothered by anything other than bad news. Am just really, really glad that I bought nice stable stocks back in the 90's and has been doing very well.
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB |
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10-03-2006, 01:58 PM
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Registered
Join Date: Jul 2004
Location: Maryland
Posts: 31,572
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SBD! SBD! SBD!
Or something...
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1996 FJ80. |
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10-03-2006, 02:58 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,583
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The market does what the market does. Nice to know I made money today while I was downtown getting my flu shot...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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10-03-2006, 03:06 PM
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White and Nerdy
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Re: Dow closes at Record High
Quote:
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Shadilay. |
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10-03-2006, 03:28 PM
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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When the Dow gets back to breakeven in real terms, we can start the high fives. Until then, I remain the lone skeptic.
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10-03-2006, 03:32 PM
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Free minder
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The Dow is high because the price of oil is low. And the price of oil is low because Bush buddies have been overstocking it, artificiallly raising the prices. Now, all they have to do is use the stocks, demand lowers, prices drop, Dow goes up. Perfect timing for the elections. None of these things happen by accident. But senator Foley's scandalous taste for little pagers was not part of the plan
 .Aurel |
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10-03-2006, 04:21 PM
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Dog-faced pony soldier
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Then why did all my 401k investment funds drop by +/- 0.75% yesterday. Goddammit! :grr:
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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10-04-2006, 04:14 AM
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Registered User
Join Date: Jul 2003
Posts: 4,247
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it's not a profit until you realize the gain.... profit on paper is just that.
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10-04-2006, 04:23 AM
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Dog-faced pony soldier
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I wanna' be president so I can piss $2,000,000,000 a day down the drain and be told "good job".
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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10-04-2006, 04:49 AM
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Registered
Join Date: Jan 2005
Location: Atlanta, GA
Posts: 1,392
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Quote:
Wow -totally clueless! Bush's buddies in the middle east with the surplus you mean? I thought everyone in the middle east hated Bush? It's fine to have an opinion of why things are the way they are- but let's try again with something somewhat believeable... mmmkay? |
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10-04-2006, 05:24 AM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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U Boyz are about as informed as a Chicken on its way to the Processing Plant...
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Copyright "Some Observer" |
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10-04-2006, 05:38 AM
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Enlighten us, silver spoon boy.
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10-04-2006, 06:00 AM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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With the RISE in Fed Interest rates...Mortgage Interest rates have risen...deflating the RE Bubble.
In May the Fed caused the Margin Rate on Commodities to be raised..thus increasing the risk to reward ratio for speculating in oil futures and energy stocks...which has brought the unwinding of the price of oil... The DOW Jones AVG if looked at over the past 5 years from high to high is FLAT....so if it was overpriced 5 years ago EXCELLENT corp profits have caught up with the price and made the stocks cheap by todays price. After a Midterm Election the Stock market has a habit since WW2 of ogoing up 18% to 25% in the year after regardless of who wins the election, it usually climbs more if Gridllock ensues..since neither party has an advantage.
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Copyright "Some Observer" |
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10-04-2006, 06:17 AM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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With the decline in the RE, Oil, and Bond mkts (price of Bonds goes down when Interest rates rise) money goes to the least risk to reward ratio and that is the Stock Market...
The Chinese use our Bonds to stablize their currency. The rest of the world views America as a safe haven in times of crisis and thus buy our bonds which is the reason why interest rates have not climbed through the moon, with a $7 Trillion debt...and $200 B defceit. So the $$$ has declined in value over the past coupla years which U might say is another way of financing the war on Terror.
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Copyright "Some Observer" |
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10-04-2006, 06:24 AM
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1979 Porsche 911SC 3.0
Copenhagen Blue
