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Friend of Warren
Join Date: Oct 2000
Location: Lincoln, NE
Posts: 16,496
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How come no one is talking about the stock market?
When it was dropping all we heard was gloom and doom from the media. Yesterday it went over 13,000 and you had to look hard to find any news about it.
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Kurt V No more Porsches, but a revolving number of motorcycles. |
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05-02-2008, 05:02 AM
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My stock pick (masi) is back up and climbing. It was an IPO in August, and some principals in the company did some big selloffs in February making the stock drop. But they had a great 1st quarter report and are back on track."C'mon Seabiscuit!!!"
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--------------------------------------------------------------------------- "There is nothing to be learned from the second kick of a mule" - Mark Twain |
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05-02-2008, 05:09 AM
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"O"man(are we in trouble)
Join Date: Nov 2005
Location: On the edge
Posts: 16,452
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A watched pot never boils!
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05-02-2008, 05:53 AM
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Registered
Join Date: Jun 2006
Location: Texas
Posts: 2,325
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Quote:
It does not fit the story line, or the agenda. So many of the "experts" on the financial news have their agenda, as in being short and talking down a stock or sector. Many make their money with volitility so the more unsettled the market the more opportunity for them. Good news does not sell. |
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05-02-2008, 05:58 AM
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Unoffended by naked girls
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Shhhh....
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Dan 1969 911T (sold) 2008 FXDL www.labreaprecision.com www.concealedcarrymidwest.com |
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05-02-2008, 05:59 AM
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Join Date: Apr 2002
Posts: 30,530
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I figured it simply doesn't like to be "talked about" and don't want to pi$$ it off again
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05-02-2008, 06:02 AM
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Dog-faced pony soldier
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Ride it while you can. It's the newest bubble.
AAPL up to $180 a share again? GOOG up over $600 again? Two words gents: "not sustainable". Get in & out while you can.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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05-02-2008, 06:04 AM
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Registered
Join Date: Jan 2003
Location: the beach
Posts: 5,150
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There are 2 trends the media won't cover:
1) Stock prices increasing; and 2) Global temperatures decreasing.
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Charlie 1966 912 Polo Red 1950 VW Bug 1983 VW Westfalia; 1989 VW Syncro Tristar Doka |
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05-02-2008, 06:07 AM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,564
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Quote:
+1
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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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05-02-2008, 07:20 AM
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Registered
Join Date: May 2000
Location: Los Alamos, NM, USA
Posts: 6,044
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What's to get excited about? Index fund year-to-date returns are still in negative territory. It will be interesting if they ever go sufficiently positive this year to offset the real inflation that is now ongoing.
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05-02-2008, 11:43 AM
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MBruns for President
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shhhhh
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Current Whip: - 2003 996 Twin Turbo - 39K miles - Lapis Blue/Grey Past: 1974 IROC (3.6) , 1987 Cabriolet (3.4) , 1990 C2 Targa, 1989 S2 |
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05-03-2008, 04:57 AM
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Registered
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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Quote:
you're suggesting mass media is into journalism?
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Ronin LB '77 911s 2.7 PMO E 8.5 SSI Monty MSD JPI w x6 |
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05-03-2008, 05:19 AM
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1983 Porsche 911sc Cabriolet 3.0
1969 Porsche 911 T 2.0 L
Gone to California
Turbo
