How about that DOW?

[redneckgeek]

Excellent, now with those pesky Health & Safety regulations out of the way, I can flood the market with Chinese High Protein milk that I was able to pick up at a very good price!

See, free-market capitalism is a wonderful thing

 

[redneckgeek]

A word of caution -

Don't do a google search of the term "Whipping Boy" if you are at work.

(Not that I just did that or anything)

 

[Alisa]

A word of caution -

Don't do a google search of the term "Whipping Boy" if you are at work.

(Not that I just did that or anything)

The wikipedia entry is pretty harmless, what page were you looking at???

 

[Banana]

Back to the original topic....


Dow Jones is staggering like a drunken sailor on the deck in middle of hurricane & 30 feet waves...

 

[georgedwilkinson]

A word of caution -

Don't do a google search of the term "Whipping Boy" if you are at work.

(Not that I just did that or anything)

Thanks for the warning.

 

[Rich]

Rich still write the law and thus benefit from it.

Well yes but I don't always benefit, too much competition

 

[ajetrumpet]

This is a political thread and its root cause lies at Bush's feet

By the way Rich, have you noticed that George Bush is NOWHERE to be found in the news as of late? If I were the president of the United States right now, I would be worried about my own safety at this point! I think I heard that his approval rating is at about 25% or something right now...

 

[Rich]

But I don't believe that giving money to people who are wasters helps them very much.

Hasn't the Republican party wasted Trillions if recent years?

 

[ajetrumpet]

How much has Bush and his cronies squandered in foreign countries?

As much as it takes for his own country to TANK completely.

 

[Rich]

By the way Rich, have you noticed that George Bush is NOWHERE to be found in the news as of late?

He was on the news here just a few minutes ago stating that the US was strong enough to sort out the mess he's made

 

[georgedwilkinson]

Rich: "Ditto"

 

[georgedwilkinson]

OMG, the DJIA is at 8451. I wish I had some money to invest right now. It's bargain basement time.

You guys keep talking down the economy while I try to round up some investment money.

 

[ajetrumpet]

You guys keep talking down the economy while I try to round up some investment money.

I already used mine George!

 

[Banana]

FWIW, I don't think we've actually hit the bottom quite yet.

The trouble with buying in is that it is akin to catching a falling knife. (I got it from another forum I frequent).

But yes, I agree wholeheartedly that this is now a great opportunity to get in. It's the timing issue that's tricky.

 

[Rich]

FWIW, I don't think we've actually hit the bottom quite yet.

The trouble with buying in is that it is akin to catching a falling knife. (I got it from another forum I frequent).

But yes, I agree wholeheartedly that this is now a great opportunity to get in. It's the timing issue that's tricky.

Yes it's far better to wait until they're worthless and nobody else wants them.....................

 

[Rich]

Rich: "Ditto"

once again just facts George....................

 

[Alisa]

Yes it's far better to wait until they're worthless and nobody else wants them.....................

Speaking of which, isn't that the philosophy that brought Lehman brothers down? They thought, hey, nobody else will touch these subprime mortgages, lets buy a whole bunch! That worked out really well

 

[ajetrumpet]

Yes it's far better to wait until they're worthless and nobody else wants them.....................

You are so cynical, it makes me sick. Come to think of it Rich, I don't think I've ever heard you "type" anything on this forum without a taint of sarcasm behind your fingers!

 

[ajetrumpet]

Speaking of which, isn't that the philosophy that brought Lehman brothers down? They thought, hey, nobody else will touch these subprime mortgages, lets buy a whole bunch! That worked out really well

Does anyone know how the market actually works here? Why does it go UP when people buy and DOWN when people sell? Does anyone understand the mechanics of that? I do, but I'm sure people just don't get it...

 

[Alisa]

Are you saying I don't understand how the market works? Or are you saying you think that Lehman brothers had a good investment strategy? I am scratching my head over here.