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Indy4
Member
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Posted: Thu Apr 10th, 2008 06:37 pm |
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+108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
Last edited on Thu Apr 10th, 2008 06:38 pm by Indy4
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katoblue
Member
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Posted: Thu Apr 10th, 2008 07:17 pm |
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this deserves a BUMP! 
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jsh_1120
Member
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Posted: Thu Apr 10th, 2008 07:27 pm |
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| Wake me when it gets back to 15,000.
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merrill
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Posted: Thu Apr 10th, 2008 07:35 pm |
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The DOW does not represent the economy. If did perhaps minimum wage would be at $17.50 per hour.
The DOW does represent a "glass house" economy.
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Jazzy Jeff
Member
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Posted: Thu Apr 10th, 2008 10:27 pm |
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Indy4 wrote: +108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
Thats great, but when are gas prices going to be $1.50 a gallon again?
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coolguy
Member
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Posted: Thu Apr 10th, 2008 10:44 pm |
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Jazzy Jeff wrote: Indy4 wrote: +108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
Thats great, but when are gas prices going to be $1.50 a gallon again? Never. Stop moaning and buy a hybrid.
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Indy4
Member
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Posted: Thu Apr 10th, 2008 10:51 pm |
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Jazzy Jeff wrote: Indy4 wrote: +108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
Thats great, but when are gas prices going to be $1.50 a gallon again?
When the Fed stops printing money and changing the interest rates and the dollar can return to its 2003-2004 value in the world. That's the majority of the reason gas prices are high. If the dollar had the same value as back then, the price of oil right now would be about $73 a barrel.
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Jazzy Jeff
Member
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Posted: Fri Apr 11th, 2008 12:10 am |
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coolguy wrote: Jazzy Jeff wrote: Indy4 wrote: +108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
Thats great, but when are gas prices going to be $1.50 a gallon again? Never. Stop moaning and buy a hybrid.
It goes way beyond me personally. Fuel prices are having just as much effect on the economy as the housing market. Cost of consumers goods are rising because of fuel surcharges being charged in the transportation sector. Unless we start to drill drill drill in the US, even hybrid vechicals will be expensive to operate in another year or two.
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Indy4
Member
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Posted: Fri Apr 11th, 2008 04:00 am |
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What is it with you libs and not being able to stand good news? You get any good news, and immediately you ignore it and start whining about some bad news somewhere else?
Here's a news flash for you guys - the world isn't perfect. The world never will be perfect. You gotta take the good with the bad; just don't forget to appreciate the good along the way.
While it didn't close at 108 higher, it did close UP, and that's good. And the reason it was up was even better: the dollar strengthened. Maybe this is a sign of things to come considering that the weak dollar is the number one reason for high gas prices.
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Mephibosheth
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Posted: Fri Apr 11th, 2008 05:04 am |
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Jazzy Jeff wrote: Indy4 wrote: +108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
Thats great, but when are gas prices going to be $1.50 a gallon again?
when a good democrat is back in the whyte house. 
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elshizzo
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Posted: Fri Apr 11th, 2008 06:18 am |
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talk about polishing a turd
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Jazzy Jeff
Member
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Posted: Fri Apr 11th, 2008 11:39 am |
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Indy4 wrote: What is it with you libs and not being able to stand good news? You get any good news, and immediately you ignore it and start whining about some bad news somewhere else?
Here's a news flash for you guys - the world isn't perfect. The world never will be perfect. You gotta take the good with the bad; just don't forget to appreciate the good along the way.
While it didn't close at 108 higher, it did close UP, and that's good. And the reason it was up was even better: the dollar strengthened. Maybe this is a sign of things to come considering that the weak dollar is the number one reason for high gas prices.
Actually I am fairly conservative on fiscal issues, and an investor as well. And you are right, as bad as things seem the Dow is not doing bad at all. But in general that really only benefits those that have money invested. What about the young that can not afford to save money because today's standard of living is much higher than it was say 20 years ago? That is my beef. Grant it there are things that can be done without, such as expensive cellular phone plans, cable TV etc. But what about the cost of insurances, medical, energy etc?Last edited on Fri Apr 11th, 2008 11:40 am by Jazzy Jeff
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TD
S. Moderator
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Posted: Fri Apr 11th, 2008 05:39 pm |
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Indy4 wrote: +108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
And today, the Dow is down 152 points. Swings of a hundred points these days are meaningless. Much like most of your posts.
Now, what is complete incorrect is your ridiculous assertion that the market is up 12.8% YTD. Ridiculous. Exactly what market are you talking about? Not our market, that's for sure.
Here are some of the benchmarks.
DOW Jan 2 open: 13,043 4/10 close: 12,612 (includes your magical 100 point gain, but not the drop from today)
NASDAQ Jan 2 open: 2602 4/10 close: 2351
S&P500 Jan 2 open: 1409 4/10 close: 1365
A 12.8% gain would put the Dow at 14,226 the NASDAQ at 2651 and the S&P at 1539. Clearly not the case. Take a break and put some new batteries in your calculator.
Now, should we panic over a bad 4 month stretch? Probably not. But it's clearly not a 12.8% gain. When you celebrate a 1 day gain during a period like this, it makes you seem foolish at best. It really makes you sound like a liar and calls into question all of your otherwise dubious assertions.
See, it's not that we don't like good news. We just don't like sunshine blown up our butts. We like good news that is true, not just a bunch of propaganda and lies for your silly failed political purposes.
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timmy3
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Posted: Fri Apr 11th, 2008 06:05 pm |
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| Liberals do not understand finances
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Mephibosheth
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Posted: Fri Apr 11th, 2008 06:32 pm |
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timmy3 wrote: Liberals do not understand finances
Proverbs 11:25.....................the liberal soul shall be made fat.
Isaiah 32:8 but the liberal deviseth liberal things and by liberal things shall he stand...
the bible,
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timmy3
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Posted: Fri Apr 11th, 2008 06:33 pm |
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fat? Like gluttony?
Yes. Sinful.
Telling
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Mephibosheth
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Posted: Fri Apr 11th, 2008 06:36 pm |
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timmy3 wrote: fat? Like gluttony?
Yes. Sinful.
Telling
fat like this...  .
he that watereth shall also be watered...bible..... 
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TrueTexan
Member
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Posted: Fri Apr 11th, 2008 08:05 pm |
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-236.77 -1.88% 12,345.21
There goes ya hundred point gain and then some... Thank those people in the Tech Sector
Last edited on Fri Apr 11th, 2008 08:06 pm by TrueTexan
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Indy4
Member
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Posted: Fri Apr 11th, 2008 10:23 pm |
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TD wrote: Indy4 wrote: +108.86 as of this post.
Nasdaq & SP are also up.
This puts the YTD Stock market average at 12.8% (excluding sub-penny stocks).
And today, the Dow is down 152 points. Swings of a hundred points these days are meaningless. Much like most of your posts.
Now, what is complete incorrect is your ridiculous assertion that the market is up 12.8% YTD. Ridiculous. Exactly what market are you talking about? Not our market, that's for sure.
Here are some of the benchmarks.
DOW Jan 2 open: 13,043 4/10 close: 12,612 (includes your magical 100 point gain, but not the drop from today)
NASDAQ Jan 2 open: 2602 4/10 close: 2351
S&P500 Jan 2 open: 1409 4/10 close: 1365
A 12.8% gain would put the Dow at 14,226 the NASDAQ at 2651 and the S&P at 1539. Clearly not the case. Take a break and put some new batteries in your calculator.
Now, should we panic over a bad 4 month stretch? Probably not. But it's clearly not a 12.8% gain. When you celebrate a 1 day gain during a period like this, it makes you seem foolish at best. It really makes you sound like a liar and calls into question all of your otherwise dubious assertions.
See, it's not that we don't like good news. We just don't like sunshine blown up our butts. We like good news that is true, not just a bunch of propaganda and lies for your silly failed political purposes.
First, the 12.8% gain is based on all stocks on all boards (including over the counter & pink sheets above one penny) - you can't just take the big 3 and say that's the entire market.
Second, the reason it went up was because of a jump in the value of the dollar (vs. the decline we've been seeing) - that makes it good news no matter how many points it was. The sell off today brought it back down, but that's to be expected in this market, whenever there is a little bit of upward movement, those who want out will go for the big sell off and take what they can get.
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TD
S. Moderator
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Posted: Sat Apr 12th, 2008 03:20 am |
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Indy4 wrote: First, the 12.8% gain is based on all stocks on all boards (including over the counter & pink sheets above one penny) - you can't just take the big 3 and say that's the entire market.
Second, the reason it went up was because of a jump in the value of the dollar (vs. the decline we've been seeing) - that makes it good news no matter how many points it was. The sell off today brought it back down, but that's to be expected in this market, whenever there is a little bit of upward movement, those who want out will go for the big sell off and take what they can get.
I can say anything I want. I can work just like you do and pull my so-called facts right out of here: ![[moon]](/forums/themes/default/action-smiley-075.gif)
The jump in the dollar is great news. I don't care what the market does in one day. Calling that good news is ridiculous unless you are a day trader. Now, many people buy index funds, which would be based on and index, such as the "big 3". Virtually no on owns all stocks on all boards.
The smart analysts that run very successful funds - the ones I listen to, haven't been interested in being in the US stock market this year. So, they missed this very turbulent times where virtually everyone's portfolio that I've examined so far this year (more than 50 people) has taking a terrible pasting.
Thanks for explaining a sell off. However, a big part of the decline was due to GE reporting much lower profits than expected. Even so, we're only talking about 1 day in the market. Making a big deal out of one good or bad day is just silly. It makes you sound like you know less than you actually do.
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