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Banned
Join Date: May 2006
Location: Dana Point, Ca
Posts: 55,591
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Stock Market
It went over 14000 again today, wish I could find the thread awhile back to see who was betting against it.
Last edited by BeyGon; 10-01-2007 at 01:26 PM.. Reason: missed a 0 |
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10-01-2007, 12:25 PM
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1st day of quarter and short covers.
Wait til tomorrow.
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Kevin 1972 T Targa |
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10-01-2007, 01:04 PM
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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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I said 14250 at years end....
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Copyright "Some Observer" |
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10-01-2007, 01:38 PM
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Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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Here you go: Dow at the end of the year will be . . . take your guess. |
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10-01-2007, 02:09 PM
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Registered
Join Date: Jun 2004
Location: Rio Rancho, New Mexico
Posts: 1,325
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Please don't bet your retirement on the current stock market. Short term the market will be weak until we get government spending under control. A defensive investment strategy will be the smart play for the next year or so. Meanwhile enjoy the 14,000, it won't last.
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DOUG '76 911S 2.7, webers, solex cams, JE pistons, '74 exhaust, 23 & 28 torsion bars, 930 calipers & rotors, Hoosiers on 8's & 9's. '85 911 Carrera, stock, just painted, Orient Red |
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10-01-2007, 02:52 PM
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Registered
Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
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If a stock analyst couches his words carefully, they can say "The market will go up" or "the market will go down" and be correct either way.
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Bob S. former owner of a 1984 silver 944 |
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10-01-2007, 04:14 PM
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Join Date: Apr 2002
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10-02-2007, 05:11 AM
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Join Date: Apr 2002
Posts: 30,582
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10-02-2007, 05:13 AM
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Registered
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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you're either a pessimist or an optimist?
you either the believe it's the greatest story never told or you don't? you either believe that capital growth is worldwide or you don't? you either believe that US capitalism is the most dynamic in the world or you don't? you either believe that Congress is the only thing that can screw it up or you don't?
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Ronin LB '77 911s 2.7 PMO E 8.5 SSI Monty MSD JPI w x6 |
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10-02-2007, 05:32 AM
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Yep, no shades of gray.
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10-02-2007, 01:59 PM
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Registered
Join Date: Jun 2004
Location: Rio Rancho, New Mexico
Posts: 1,325
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KC911,
As I'm retired, My view is a different from those of you with 10 or 20 years to go before retirement. As always, dips in the market are opportunities for buying low. Good for younger investors. I feel the market will be weak for at least a year. Too much Govt. spending, weak dollar, foriegn competition, housing mkt, credit crunch, etc. Thus my defensive approach. My portfolio is still smarting from the 2000 dip. Will we see a 20,000 DOW in 5 years? Not before the Feds get their house (our house), in order. We simply cannot continue to run high deficits in today's world and expect everything to be rosy. 20 years from now, I'll be gone, so my horizon is much closer than you 40 and 50 types. The market remains the place for long term investment. There are other investments as well. I like the market. I now have the time to strategize.
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DOUG '76 911S 2.7, webers, solex cams, JE pistons, '74 exhaust, 23 & 28 torsion bars, 930 calipers & rotors, Hoosiers on 8's & 9's. '85 911 Carrera, stock, just painted, Orient Red Last edited by 2.7RACER; 10-02-2007 at 04:55 PM.. |
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10-02-2007, 04:52 PM
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GAFB
Join Date: Dec 1999
Location: Raleigh, NC, USA
Posts: 7,842
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This is all so confusing. I hope The Ramp comes in here soon to clear things up. He really knows the stock market.
Hah@ l0| c0mm0n s+0ckzzzzz11!111!111o!!1?1one!11!
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Several BMWs |
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10-02-2007, 05:07 PM
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Join Date: Apr 2002
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10-03-2007, 02:56 AM
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Registered
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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Oct 1, 2007 Monday Morning Outlook Brian S. Wesbury - Chief Economist, Robert Stein, CFA - Senior Economist
crop Former Treasury Secretary Robert Rubin said last week that there were only two near-term paths for the US economy – either a soft landing or recession. His comments resonated because they were put down right in the middle of a consensus of economists and public commentators who believe the same thing. The only problem is that, right now, there is very little evidence to support this view. While most analysts are mesmerized by the weak housing sector, the rest of the economy seems to be taking off. crop Those who believe the credit crunch slowdown story argue that all this strong economic data should be ignored because it will eventually turn down. But this is far from clear. Our view is that the reports from last week reflect a relatively strong economy. Rather than coming in for a landing, it looks like the re-acceleration in growth to 3%+ real GDP that began in Q2 will continue in the year ahead. It still looks like a takeoff, not a landing.
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Ronin LB '77 911s 2.7 PMO E 8.5 SSI Monty MSD JPI w x6 |
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10-03-2007, 05:19 AM
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Join Date: Jun 2004
Location: Rio Rancho, New Mexico
Posts: 1,325
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Let's take another look at this today, Nov 1, 2007.
Anyone care to revise their outlook.
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DOUG '76 911S 2.7, webers, solex cams, JE pistons, '74 exhaust, 23 & 28 torsion bars, 930 calipers & rotors, Hoosiers on 8's & 9's. '85 911 Carrera, stock, just painted, Orient Red |
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11-01-2007, 07:02 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,583
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Quote:
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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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11-01-2007, 07:07 PM
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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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I'm down for today, by about 2% from yesterday, but still up by an equivalent amount, or more, since this thread was started. Also, I'm still net up by a good 10-12% for the year.
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Hugh |
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11-01-2007, 07:10 PM
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Registered
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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hell no
it's time for the wall of worry fans to buy in. The put/call ratios have indicated very high levels of pessimism recently. Just as it's been doing for the past few years. the $300B capital hit from hot lending is just about the size of the Gulf hurricane hit w/New Orleans a few yrs ago. i've humbly said that we are in a worldwide economic war.. always has been as always will. If Hillery and the far left gain critical mass next election I'll be revising my strategy.
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Ronin LB '77 911s 2.7 PMO E 8.5 SSI Monty MSD JPI w x6 |
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11-01-2007, 07:18 PM
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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Best, Kurt |
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11-01-2007, 07:30 PM
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Either way what do I care, I'm flippin houses
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11-01-2007, 07:38 PM
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1972 Porsche 911 T Targa 2,2S
1991 Porsche 911 Turbo 3.3
