12000 for the first time!!!


some good news!

10/19/2006 9:22:50 PM

what about that war that we're losing?

those page-hungry sodomites in congress?

our sieve of a border?

the terrorists that keep attacking us?

10/19/2006 9:24:21 PM

KILL WHITEY

10/19/2006 9:24:24 PM

Quote :

"some good news"

10/19/2006 9:25:34 PM

no wage increases?

10/19/2006 9:31:54 PM

you can't wait to troll a thread can you faggot

10/19/2006 9:37:00 PM

why is this in soap box if you don't want people to disagree with you?

10/19/2006 9:40:31 PM

Honestly, why the fuck are you getting pissed off when you post a worthless horseshit thread in this section?

It's about time you get the fuck out of here.

10/19/2006 9:43:44 PM

Quote :

"you can't wait to troll a thread can you faggot"

WHY CANT WE JUST SAY NICE THINGS ABOUT BUSH

10/19/2006 9:44:44 PM

I posted some good fucking news for people to read for once

some people care

tools

10/19/2006 9:53:31 PM

but...but...they got rich on the backs of the poor! they should have been paying more taxes!

10/19/2006 9:56:01 PM

america is the greatest country in the world.

am i right?

10/19/2006 9:56:32 PM

Quote :

"Jo73ji2: america is the greatest country in the world. am i right?"

yes, actually... 

10/19/2006 9:58:42 PM

Ok instead of making this like every other thread, a pro/anti bush debate.

Some of you econ buffs out there, tell me what you think of this.


I read a while back, i believe actually heard on npr, that the DOW going up is not necessarily a good thing. The other indexes have gone up also it seems but i wonder if there is anything to the idea that since the DOW is mostly made up of companies that are said to do well in rough times that money being poured into the DOW is actually a bad sign.

Point 2 I read/heard this before the recent climb to 12k.... The others such as S&P at the time had not gone up, but they seem to be creeping up also. so has this new found slow growth of the other indexes nothing more than blind optimism and nothing more than an aftershock of the DOW's climb? Kinda like if this is going up the others have to be doing well also, "the mentality of the common person".

Because although inflation came back better ( due to oil's drop) the housing market is not robust anylonger, although it has not collapsed either. and everything else i have read indicates a cooling.

10/19/2006 9:59:31 PM

This is all irrational exuberance and we are headed for a bearish run, especially once energy gets expensive again. Stagflation ftw!

10/19/2006 10:03:53 PM

well i am not saying energy will go up again... it doesnt have too. i just mean is there any truth the stock market aspect.

10/19/2006 10:04:52 PM

The success of this country is a positive thing.

AM I RIGHT??????????????????????????????????????

10/19/2006 10:05:43 PM

asshole... i was actually hoping someone would know something on the matter...

10/19/2006 10:14:40 PM

someone suspend this guy

10/19/2006 10:16:13 PM

yea that would be kinda nice...

10/19/2006 10:22:17 PM

liberal views arent welcome

10/19/2006 10:25:19 PM

sure they are

in fact, i encourage it



now, that said...

10/19/2006 10:43:37 PM

good. fuckin josh#'s is a moron

10/19/2006 11:22:51 PM

Quote :

"the DOW is mostly made up of companies that are said to do well in rough times"

And who's silly idea is that? The DOW hit a local minimum in 2001, at the end of a recession. So, suggesting that the DOW goes up in rough times is blatantly false: It went way down in the last "rough time" we had. Plus, right now is clearly not a rough time: productivity is up, unemployment is down, wages are up, and inflation is stable. As far as times go, right now is close to optimal and the DOW is up.

Quote :

"the DOW going up is not necessarily a good thing"

This statement is quite true. It is very possible for the DOW to go up irrationally. However, we generally know when that is by checking the actual performance of the listed companies, which is very good right now (profits are way up for most everyone) so I think we can rule our irrational exuberance for the time being.

Quote :

"everything else i have read indicates a cooling."

It is very difficult to predict the future accurately. However, a slight cooling would not be that much of a problem as the economy has been booming in the past few years. You see, 5% annual growth is obseen for an industrialized economy, but we've had it. To suggest that this is going to cool is a no brainer, but how much? 3% annual growth is still above trend and nothing to complain about.

10/19/2006 11:27:10 PM

Quote :

" So, suggesting that the DOW goes up in rough times is blatantly false"

what they probably meant is that the DOW tends to weather storms better than some markets.

Quote :

" However, a slight cooling would not be that much of a problem as the economy has been booming in the past few years."

concur.

when people talk about "slight cooling", they aren't talking abour our economy shitting the bed...they're talking about it resuming a more sustainable rate of increase.

10/19/2006 11:37:11 PM

I used to be interested in this stuff, then quit caring for along time and over the last year or so gotten back into it


I know the basic stuff I have seems to be doing good


but I need to start digging into more investment stuff... right now some types of real estate have captured my attention and I need more than that

10/20/2006 12:18:36 AM

thanks Greg

i done my best

10/20/2006 12:24:20 AM