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Old 05-15-2009, 11:33 AM  
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The economy is going deeper down the ****ter

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Old 05-15-2009, 11:37 AM   #2
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Curry is the pick???
 
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People who think we're past the worst of it are useful idiots.
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Old 05-15-2009, 12:30 PM   #3
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People who think we're past the worst of it are useful idiots.
The one's who voted for B.O.?

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Old 05-15-2009, 12:31 PM   #4
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legalize Weed please... Solve some money issues
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Old 05-15-2009, 12:57 PM   #5
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Obama is now denouncing deficit spending.
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Old 05-15-2009, 01:19 PM   #6
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Curry is the pick???
 
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legalize Weed please... Solve some money issues
Instead of raising more money, why not spend less? How about we spend how much we bring in, instead of borrowing $.50 for every $1 we spend?
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Old 05-15-2009, 01:26 PM   #7
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Obama is now denouncing deficit spending.
You can't make this stuff up.

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Old 05-15-2009, 01:28 PM   #8
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You can't make this stuff up.

It's like, hey, we need to spend all this phugging money, but wow, we trimmed 17 billion out of this one thing over here.
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Old 05-15-2009, 01:34 PM   #9
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Everyone has been talking about how unemployment will be getting worse through the end of this year. The stock market turns around first, but unemployment lags.

I'm not sure why this thread was worth your energy.
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Old 05-15-2009, 01:39 PM   #10
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Everyone has been talking about how unemployment will be getting worse through the end of this year. The stock market turns around first, but unemployment lags.

I'm not sure why this thread was worth your energy.
Do you seriously think that the stock market has turned around?
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Old 05-15-2009, 01:47 PM   #11
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Obama is now denouncing deficit spending.




that is too ****ing funny
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Old 05-15-2009, 01:47 PM   #12
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Quote:
Originally Posted by Calcountry View Post
Do you seriously think that the stock market has turned around?
turned around? no

started to bottom out? more than likely
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Old 05-15-2009, 01:54 PM   #13
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Originally Posted by Calcountry View Post
Do you seriously think that the stock market has turned around?
I think it's stablized. Turned around suggests will only go up again for a long time. It's leveled off.

You can't know these sorts of things for sure until you are looking backward, so even for people well above my pay grade, it's speculation.

But the thing that apparently has turned around (and we'll know more after 6 months or so) is that the "recession" ended last month.

Unemployment will continue to rise, and stocks shouldn't collapse.

Consumer confidence and credit are still big issues.

That's how I understand it. I'm no expert though.
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Old 05-15-2009, 01:56 PM   #14
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Originally Posted by petegz28 View Post
turned around? no

started to bottom out? more than likely
I think we are in a bear market with at least one more significant leg down, the previous lows will at least be tested one more time if not smashed through, then, when blood from every orifice is straining out of most of Wall Street, and they are begging for mercy, will a bottom be found. If you think that the stock market is turning to a bull, with the 6 k level as a bottom, then you don't know how stock markets just love run away inflation.

The only reason why it is bumping right now is because a lot of folks are going, "whew the world didn't end, what am I going to do with my cash, get 0% in a CD? wtf? Well, we did that stock market thing for decades and it always worked, dollar cost averaging, yep, that that's a good thing" The only problem is, that is a capitalist paradigm, and we have a Marxist in the white house.
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Old 05-15-2009, 01:57 PM   #15
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Quote:
Originally Posted by jAZ View Post
I think it's stablized. Turned around suggests will only go up again for a long time. It's leveled off.

You can't know these sorts of things for sure until you are looking backward, so even for people well above my pay grade, it's speculation.

But the thing that apparently has turned around (and we'll know more after 6 months or so) is that the "recession" ended last month.

Unemployment will continue to rise, and stocks shouldn't collapse.

Consumer confidence and credit are still big issues.

That's how I understand it. I'm no expert though.
"Now is not the time for profits".

You cannot have a profitless recovery in stocks.

Bank on it.
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