dow dips

Onceler would like to suppress this kind of information from getting out.

Yurt said:
liar

i posted this because iirc correctly SF said it would probably dip this week...but go ahead and prance your little lies around, when the market goes down so does part of my family's retirement you partisan bobble doll :pke:
Click to expand...
 
Jarod said:
Its workin great for me! Last year was the best of my life. Maybe you are just not trying hard enough.
Click to expand...
I measure success by more than my own personal economic status. I feel for the people who do not have the promised jobs that should have been "saved or created" by the magic of "stimulus". Because of this empathy any enjoyment I have from personal success is diminished. The poor policies, and the fact that change isn't actually happening, of this President are creating an environment where my personal happiness is effected.
 
Damocles said:
I measure success by more than my own personal economic status. I feel for the people who do not have the promised jobs that should have been "saved or created" by the magic of "stimulus". Because of this empathy any enjoyment I have from personal success is diminished. The poor policies, and the fact that change isn't actually happening, of this President are creating an environment where my personal happiness is effected.
Click to expand...

I disagree with the characterization, but agree with the sentiment. My own circumstances haven't really changed much, but I'm not at all happy with the # of people who are unemployed, and it's more than an "I feel your pain" moment. I like any stat that shows potential recovery, but obviously, jobs are the bottom line, and nothing is really good until many (if not all) of those jobs are restored.

That said, I'm probably happier with the progress & the signs of progess than you seem to be. Jobs have been created & saved, and a lot of indicators are turning around (indicators which HAVE to turn around first, in order for their to be an environment for true job creation).

But, we probably both agree that we're still in the woods. I think the next few months will say a lot about where we're headed....
 
Damocles said:
I measure success by more than my own personal economic status. I feel for the people who do not have the promised jobs that should have been "saved or created" by the magic of "stimulus". Because of this empathy any enjoyment I have from personal success is diminished. The poor policies, and the fact that change isn't actually happening, of this President are creating an environment where my personal happiness is effected.
Click to expand...

THose people are simply lazy and not trying hard enough.
 
No, I was being obnoxious.... But I dont blame President Obama for not getting us out of this mess faster.... Looking at the charts we are getting out faster than we got in, and we are getting out faster than other recessions of this magnitude.
 
Superfreak said:
I don't see it holding... probably just a bounce off of yesterdays drop.

To everyone else... look at the economy. Tell me if you think it is really on solid footing. I just don't see it. We are standing with our backs against a cliff. We just made it to the top and have our toes have started to get a foothold, but any gust of wind and back down we go.

1) Credit card problems

2) Foreclosures should continue as another batch of ARM resets is coming.

3) Credit market remains very tight

4) All that bad debt????... STILL on the books of the banks (yet they pay out insane bonuses again.... bastards)

5) Several Euro countries are having severe debt problems, which could easily spill over.
Click to expand...

FAIL!
 
Jarod the new novice investor has a one year 30% gain.
The rest of the wealthy in the country are still down near 30%.

Way to cheer the market Jarod, wake me again when it hits 15,000 which would actually be a high mark.
 
Topspin said:
Jarod the new novice investor has a one year 30% gain.
The rest of the wealthy in the country are still down near 30%.

Way to cheer the market Jarod, wake me again when it hits 15,000 which would actually be a high mark.
Click to expand...

Who said I have a one year 30% gain?
 
and your right we've made a nice move since Obama.
I had a tennis buddy who sold all his stocks at the low in March over 400,000 and bought bonds. I'm glad I sweated it out and kept all my stocks. But 10,000 doesn't mean shit to me as I've had several hundred thousand in since 14,0000
 
Topspin said:
and your right we've made a nice move since Obama.
I had a tennis buddy who sold all his stocks at the low in March over 400,000 and bought bonds. I'm glad I sweated it out and kept all my stocks. But 10,000 doesn't mean shit to me as I've had several hundred thousand in since 14,0000
Click to expand...

Well you have done better than you did under Bush.
 
Jarod said:
You were at 1,000,000 when Obama took over?
Click to expand...

yes but that's nothing special. I'm older than Moses and started saving $1,000 a month at like 27 and bumped it to about $2,500 a month at like 38.

I got lucky a lot too, so I woulnd't say it was mostly skill at all. In the 90's I managed money on the side for some wealthy clients. For the 5 years I did it I made an average of 45% a year. All I did was stay away from the pet.com stuff and bought MS, intel, ford, Merk, and a few others. I got transferrd to Houston to do an SAP implementation for Texaco around 2000. I told people I could no longer devote the time to thier money and cut them all checks. Then the dot.com bust hit and they thought I had some great timing skill and wanted to invest more money with me.
But my kids have always come first and my son was going for his third straight state title in wrestling and I was all consumed in that outside of work at the time. I couldn't have posted here at the time as I was clueless on politics.
 
Jarod said:
Who said I have a one year 30% gain?
Click to expand...
If you have $100, lost 50%, you have $50, then you have a 30% gain you are still down as you'd only have $65... In order to gain your money back you need to have 100% gain.

And there are some ugly things for the market coming up on us.
 
Damocles said:
If you have $100, lost 50%, you have $50, then you have a 30% gain you are still down as you'd only have $65... In order to gain your money back you need to have 100% gain.

And there are some ugly things for the market coming up on us.
Click to expand...

that's a better way of saying what I was trying to say.
 
You must log in or register to reply here.
Back
Top