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To: JasonC
As I said, it's not just the Nasdaq anymore, and what I said was in response to your claim that we've had a bull market. Maybe we did by some definition, but upon analysis it's not so great. Had W had anything good at all to say about the technology sector back when it was needed, I wouldn't put the blame on him, but instead he always talked about the amount of his new spending programs.

At the Waco Economic Forum, where the dividend tax cut was recommended, W refused to meet with the technology companies in attendance, so he sent Dick Cheney instead. Cheney refused to speak to them but offered to listen. W's willful neglect of technology was so bad that two well known Republican technology CEO's John Chambers and Meg Whitman turned to the Democrats for help.

So if you're going to call me insane, you better back it up. Otherwise, I'm going to continue to smack you down and drag you across the floor with the facts, and if you still continue I'm going to reach through my monitor and choke the sh*t out of you ;-)

71 posted on 03/11/2008 7:52:42 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
SP500 in September 2002, 815. SP500 in September 2007, 1525. That was an 87% rise in 5 years not counting the dividends, and in excess of a 15% annual return counting them. That is a bull market. No, you don't have a right to that as normalcy, and no, it won't be monotonic, or average that fast over whole cycles including the drops, since the economy grows half that fast. But it was a bull market, as fast and as big as they generally come, and pretending anything to the contrary is simply pretending --- and ridiculous.
82 posted on 03/11/2008 3:33:26 PM PDT by JasonC
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