Thread: Stock market
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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Because I am deeply depressed when it comes to money issues...For example look at the chart of Motorola which was trading between $18.00 a share and $27.00 a share for the decade of the 90's excluding the 98-00 bubble. Now it's $9.00 a share. I don't think everything is deeply depressed but there are stocks that are undervalued and thats why I think it's a stock pickers market rather than an index market. I also think the length of time and the percentages of loss during this Bear market are only matched by the Great Depresson of the 1930's. There is a malaise that has fallen over the confidence in the American economy going forward as reflected by the Stock Market, which I think is caused by the uncertainity in our political system due to the 2000 election, and the ramifications of 911. I now think the 2002 elections helped to clarify the issue though and the country now has under gone a change of historical proportions. Thats why the Stock Market has been in a general up trend since those elections.....however the uncertainity of war with Iraq has left everyone hanging. We now live in a brave new world, 911 has changed America forever much as 12/7/41 did.

PS: Well I'm back to rhetoric, and what do I really know anyway? At this moment in time I just feel my critics are right and I don't know $#!+ from shinola.
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Last edited by tabs; 01-21-2003 at 03:03 AM..
Old 01-20-2003, 07:14 PM
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