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Todays Stock Market Thread (DJIA 7784.58 (-234.68; -2.93%) NASDAQ 1282.55 (-36.60; -2.77%)
Posted on 07/22/2002 9:58:15 AM PDT by newsperson999
Dow 7,784.93 -234.33 (-2.92%)
Nasdaq 1,288.09 -31.06 (-2.35%)
S&P 500 819.51 -28.25 (-3.33%)
TOPICS: Breaking News
KEYWORDS:
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To: GraniteStateConservative; mwl1
Gore never got his own base on board
a tsunami of voters came out to vote for Bush (half of who walked on broken glass to do it)
massive organized fraud from the White House obscured what happened in that election
one-third of the votes for Gore were from non existent voters
a million votes for Bush were ''lost''
this is my perception of what occurred
I followed it very closely
starting from way before the Primaries
feel free to disregard my perception tho
it's not the official story
and most don't buy it
interestingly enuf two days before the election billclinton called it as ten points ahead for Bush
(which is exactly what it would have been if there had not been massive fraud)
he's a cocky son of a b
saying that aloud when he knew he fixed the election
Love, Palo
To: mwl1
billclinton is going all out to get Dem governors elected in 2002
I figure it's cause of SOS
doesn't the SOS determine who is eligible to vote and who is not
how convenient it would be to have corrupt SOS
then count the votes and keep counting the votes till Dem wins
Love, Palo
To: CDHart
Last night a "senior investment strategist" from some forlorn "financial services" outfit (bokerage house) opined on Bloomberg that
"if the market doesn't go up when it should you can bet it will probably go down."
I wonder how much they pay that guy...
To: steveegg
you may be right steve
Love, Palo
To: steveegg
Hi Steve
I just found your post 375
I agree with you
people want to be happy, they want to be comfortable they want nice things, they want to enjoy themselves
ever since I moved from Manhattan to Tucson, AZ 12 years ago (I was native and life-long New Yorker)
I've been on a spending spree
I think it's natural with buoyancy of spirit (which the move gave me)
to want to expand my happiness
Love, Palo
To: steveegg
Sage advice.
To: steveegg
This is a good thread. Please Mr. Egg do not take this personal, but this quote is everywhere,
"The economy outside of the market is rather strong."
I have a bridge for anyone that believes this. There are MAJOR firms in this US of A that are Wiped out. Lucent, Enron, WorldCom, AT&T is what 10 bucks? The war machine continues... The Trade Center impact is still not even felt yet.
The Economy cannot be reported in its true state. Please read the writing on the wall, its 50ft. tall in Pink! What more do people need?
Please, don't ignore what's happening.
Real Estate is next. No cash to continue the price increases and the dumping will start.
What industry will produce the growth for the economy in the next 20 years? Where will the Money go? Got an answer? I don't.
Its Muti-Trillions of dollars here friends....
To: newsperson999
At least the dollar has climbed over the 1 to 1 barrier against the Euro.
Last Trade
9:10pm · 1.000801
To: xzins
I agree with what you say about the trendline (DOW=7000, more or less.)
But remember that in a true Bear market, the values may go well BELOW trend. DOW 5000, anyone?
To: Afronaut
I call all of those collapses (Lucent/Enron/WorldCom/AT&T) "Cooked Book Disease". Provided there isn't any more of that, the non-market economy IS strong.
Unfortunately, I feel that there's enough more CBD companies out there to drive the Dow down to 3000 before the November elections. As that happens, everything dries up, the usual safe haven of bonds becomes unsafe because of the nature of the collapse (cooked books), and the crash you talk about likely becomes reality.
The only good thing about real estate is that you can live on it, and if you have enough of it, you can grow what you need to eat on it. That's quite a bit more than you can say about stocks and bonds.
To: RooRoobird14
Sorry to hear that...Janus was way overcommitted to the large caps, I hear-- the ones with the most to lose when the bubble began to leak. Best
wishes for the next leg up.
To: hinckley buzzard
<Tim_McCarver_mode=on>Well, the market does have 3 directions to go; up, down and sideways. As the road to sideways is by far the most-narrow, if it isn't going up, it's in all likelyhood going down because if it ain't going up, and it's probably not going sideways, the only direction left is down.<Tim_McCarver_mode=off>
I wonder if I can get half of what that joker said for the quote above.
To: steveegg
Dow down to 3000 <<<>>> Whoa Nelly I thought I was a bear.... I got the 6000K range, People "used" to say that I had a negative attitude when I called a 7K dow...Last year... Said I was a dark cloud... heheheh
I wish I could belive in the markets now... But is not my style to have my head in the sand. BTW, Hillary will be our next President. AHAHAHAHHAHAHAH thats a bear market in a blk. pants suit with a pink shirt if I ever saw one.
To: Afronaut
Hillary will be our next President. AHAHAHAHHAHAHAH thats a bear market in a blk. pants suit with a pink shirt if I ever saw one. If that happens, how about Dow 0/NASDAQ 0/S&P 500 0/total NYSE/NASDAQ/AMEX volume 0? Good-bye America. Hello People's Republik of Amerika.
To: Afronaut
Real Estate is next. No cash to continue the price increases and the dumping will start. A kindred spirit. Seen these?
Big Scary Monsters
'Fannie and Freddie Were Lenders': U.S. Real Estate Bubble Nears Its End
Fannie Mae Enron
Where will the Money go? Got an answer? I don't.
Given that it is imaginary, it will go away. You might want to hold some of the real stuff, a mix of fiat with a touch of gold should be ok.
Profitable tech companies that are accustomed to making money in deflationary enviroments might also be a good idea. Applied Materials, for instance, once they stabilize.
Energy companies that are exempt from de-regulation fiascos. Suburban Propane, for example.
Foreign banks, ANZ has nice exposure to Asia with the safety of New Zealand.
I assume any intelligent person is massively short by this point.
I expect debt and real estate to be fairly lethal. Avoid them.
What else? Throwing rocks, fertile women, SS109 ??
To: Free Vulcan
Don't look for that climax in the marketplace, Chief:
This is the way the bear market will end-- not with a bang but a whimper.
To: AdamSelene235
"What else? Throwing rocks, fertile women, SS109 ??"
LMAO!
To: Afronaut
LMAO! I'm a worst case scenario kinda a guy.
Read the Fannie Mae stuff and tell me what you think.
I need a good reason not to buy puts with the money from the shorts.
To: Lazamataz
If I get an update I'll pass it along.
399
posted on
07/22/2002 7:52:06 PM PDT
by
Tauzero
To: bvw
"trained as an undergrad physics major I also love dimensionless analysis"
Trained as a graduate in engineering mechanics, I agree. :) That is just a marvelous graphic, isn't it?
400
posted on
07/22/2002 7:55:41 PM PDT
by
Tauzero
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