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Jazzy Jeff
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Posted: Sat Apr 12th, 2008 03:30 am |
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Indy4 wrote: 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.
Indy, you do realize historically the stock market has had more growth under democratic administrations than republican?
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jsh_1120
Member
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Posted: Sat Apr 12th, 2008 02:57 pm |
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Thanks, Indy. Based on your post I rushed out and sunk another ten grand in the market yesterday morning. Didn't want to be caught flat footed in the midst of the huge turnaround you pointed to.
Imagine my chagrin when the market plunged 257 points yesteday.
Fortunately, of course, I don't really pay any attention to Indy's financial acumen.
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elshizzo
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Posted: Sat Apr 12th, 2008 06:05 pm |
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this thread is officially .... a joke
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MilknBeans
Member
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Posted: Sun Apr 13th, 2008 04:39 am |
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If you don't already have your money out of the market, all up days are days to get out!
No one can predict the future, but look at all the uncertainty...
Banks failing.
Fed saying a recession is "possible".
Weak dollar
Liquidity trap in full swing.
and more...
These are serious issues and they are just starting to accelerate.
Now is not the time to take so much risk for very little possible gain.
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If you're a trader, look at SAS. 65 is the next target, maybe a small pull back between here and there but 65 is looking good. I bought at 59.75 so $5 a share is a 8% a month...
Longer term, 70 is within range. This is not a "buy and hold" market. The nimble will make a fortune.
Last edited on Sun Apr 13th, 2008 04:41 am by MilknBeans
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Mephibosheth
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Posted: Sun Apr 13th, 2008 04:52 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.
there were times in the nineties when the dow went up and up and up and there was certainly a lot of cheering, adn there were no signs of any economic troubles since the federal budget was balanced, and most importantly the state and local governments all had money as well..but a one day advance of a hundred points does noting for most especially when there are so many omminous economic signs staring us in the face..
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Indy4
Member
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Posted: Fri Apr 18th, 2008 06:38 pm |
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jsh_1120 wrote: Thanks, Indy. Based on your post I rushed out and sunk another ten grand in the market yesterday morning.
Good, because my prediction is that it will break 13,000 again real soon.
Last edited on Fri Apr 18th, 2008 06:39 pm by Indy4
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maxim
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Posted: Sun Jun 29th, 2008 02:03 pm |
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Indy4 wrote: Good, because my prediction is that it will break 13,000 again real soon.
Two months later and it's about to break 11,000, but in the opposite direction.
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maxim
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Posted: Thu Oct 9th, 2008 09:11 pm |
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| Three months later and the Dow stands at 8579, down 7.33% since yesterday. This thread is more than a joke now.
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Pseudo-Soviet Dictator
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Posted: Thu Oct 9th, 2008 11:16 pm |
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Maxim, considering that your English is excellent, you should visit America while the dollar is still low compared to the Euro.  ![[allamerican]](/forums/themes/default/allamerican.gif)
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Pseudo-Soviet Dictator
Member
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Posted: Thu Oct 9th, 2008 11:18 pm |
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elshizzo wrote: this thread is officially .... a joke
Especially now that the entire world is basically headed into official recession mode....
Last edited on Thu Oct 9th, 2008 11:18 pm by Pseudo-Soviet Dictator
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Indy4
Member
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Posted: Sat Oct 11th, 2008 12:21 am |
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This was back in April, what's your point?
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elshizzo
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Posted: Sat Oct 11th, 2008 02:01 am |
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this thread is officially....a laughing stock
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maxim
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Posted: Sat Oct 11th, 2008 10:39 pm |
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Pseudo-Soviet Dictator wrote: Maxim, considering that your English is excellent, you should visit America while the dollar is still low compared to the Euro.
And get eaten by hobos? No thanks.
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TD
S. Moderator
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Posted: Sun Oct 12th, 2008 12:35 pm |
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Indy4 wrote:
jsh_1120 wrote: Thanks, Indy. Based on your post I rushed out and sunk another ten grand in the market yesterday morning.
Good, because my prediction is that it will break 13,000 again real soon.
I think the point here is that you give a great deal of financial advice that is extremely faulty.
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elshizzo
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Posted: Wed Oct 15th, 2008 07:20 pm |
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Indy4 wrote: jsh_1120 wrote: Thanks, Indy. Based on your post I rushed out and sunk another ten grand in the market yesterday morning.
Good, because my prediction is that it will break 13,000 again real soon.
Hey indy, how much longer do I have to wait?
![[surprise]](/forums/themes/default/party-smiley-042.gif)
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maxim
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Posted: Tue Feb 24th, 2009 06:57 pm |
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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?
Update: The Dow will soon reach 14,000 divided by two.
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elshizzo
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Posted: Tue Feb 24th, 2009 07:43 pm |
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this thread is officially.....worthless
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Indy4
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Posted: Wed Feb 25th, 2009 11:16 pm |
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elshizzo wrote: Indy4 wrote: jsh_1120 wrote: Thanks, Indy. Based on your post I rushed out and sunk another ten grand in the market yesterday morning.
Good, because my prediction is that it will break 13,000 again real soon.
Hey indy, how much longer do I have to wait?
The way this President is handling things, probably another 10 years.
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maxim
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Posted: Thu Feb 26th, 2009 12:58 pm |
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| We all know it will ultimately be the fault of one man alone.
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TD
S. Moderator
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Posted: Sun Mar 1st, 2009 04:37 pm |
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Indy4 wrote:
elshizzo wrote: Indy4 wrote: jsh_1120 wrote: Thanks, Indy. Based on your post I rushed out and sunk another ten grand in the market yesterday morning.
Good, because my prediction is that it will break 13,000 again real soon.
Hey indy, how much longer do I have to wait?
The way this President is handling things, probably another 10 years.
As opposed to your guy, who did such great things for the economy. ![[eyeroll]](/forums/themes/default/sarcasm.gif)
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