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**7HlBQS8j** · 02-28-2007, 07:14 PM

[QUOTE]

I'm not here to give her stock advice but to discuss social studies and politics.

You said, very matter of factly, that you expected the market to go down again today. It didn't happen. I was being a bit of a smart a** because of your somewhat arrogant answer to Samantha. No biggy, still friends.

And you can't be serious that this was a 'minor' development in business. That's exactly what I was saying because it was. It's called a correction. The market has been going up without much downside and corrections have to happen. Nobody knows when but they do come sooner or later. Up until yesterday, the Dow has risen over 17% in the last year. That's not normal so a 3% drop over a day or even more over a few days is not unusual and no reason for panic. I will admit I could be wrong but the fundementals are still there for a continued uptrend in the stock market. Of course, with Democrats threatening to repeal the tax cuts of 2002, we could see things change for the worse.

If what you are getting at is cyclical trends, that is a different matter, but those kinds of downturns are not good when it happens on your dime, literally. "those kind of downturns" were only 3%...see above.

As for my stocks, I do exceptionally well in knowing what to buy and when to buy or sell as I take it clinically like any other form of gambling where you can get educated on the bets. That's excellent. There are many computer programs with analysts input available for hefty prices that diminish the risk. As you said, if your educated on what to look for, you don't win everytime but you can put the odds in your favor..

02-28-2007, 07:14 PM	#24
7HlBQS8j Join Date Oct 2005 Posts 448 Senior Member	[QUOTE] I'm not here to give her stock advice but to discuss social studies and politics. You said, very matter of factly, that you expected the market to go down again today. It didn't happen. I was being a bit of a smart a** because of your somewhat arrogant answer to Samantha. No biggy, still friends. And you can't be serious that this was a 'minor' development in business. That's exactly what I was saying because it was. It's called a correction. The market has been going up without much downside and corrections have to happen. Nobody knows when but they do come sooner or later. Up until yesterday, the Dow has risen over 17% in the last year. That's not normal so a 3% drop over a day or even more over a few days is not unusual and no reason for panic. I will admit I could be wrong but the fundementals are still there for a continued uptrend in the stock market. Of course, with Democrats threatening to repeal the tax cuts of 2002, we could see things change for the worse. If what you are getting at is cyclical trends, that is a different matter, but those kinds of downturns are not good when it happens on your dime, literally. "those kind of downturns" were only 3%...see above. As for my stocks, I do exceptionally well in knowing what to buy and when to buy or sell as I take it clinically like any other form of gambling where you can get educated on the bets. That's excellent. There are many computer programs with analysts input available for hefty prices that diminish the risk. As you said, if your educated on what to look for, you don't win everytime but you can put the odds in your favor..
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