[accotMask17]

Look this is just the market going up and down...liberals will obviouly say that investing money is a disasterous thing and that communism is the only way to go but at least you see a positive to this; or to say at least another plus side to the market's rebounding will be the further destruction of environmental and agricultural garbage.

I think a total economic collapse is the only thing that will preserve the viability of the planet to support life.

Im sure the market will rebound, as it always does. But one day, it might not, and that will be a good thing for all future peoples who come after us.

Andrew

[corolaelwis]

I dunno, doesn't seem to me the next generation are a bunch of environmentalists or conservationists....

[funnyPasds]

It isn't yet sure if there will be a recession, although some factors are pointing to that as Greenspan mentioned. The kinds of uncertainty it what he said causes alot of jitters and panic about whether it will happen and how bad.

OSB, IMHO, Long term trends are the only ones that matter. Unless you actually sold your positions yesterday, you lost nothing. I actually increased my equity position slightly. I am invested for the long haul and really do not trade individual stocks. In my experience traders almost always lose alot of money. I stay fully invested in index funds and spend my time doing what I enjoy and I stay away from the financial porn. I sleep well at night.

[7HlBQS8j]

[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..

[gkruCRi1]

OSB, IMHO, Long term trends are the only ones that matter. Unless you actually sold your positions yesterday, you lost nothing. I actually increased my equity position slightly. I am invested for the long haul and really do not trade individual stocks. In my experience traders almost always lose alot of money. I stay fully invested in index funds and spend my time doing what I enjoy and I stay away from the financial porn. I sleep well at night.

That's one reasonable and meritorious way to look at it, a conservative bettor's approach. Looking for quick money often includes big risk--but information is key and how to place bets. IMO, whether you are looking for quick money or long term investment through growth, good information and where to place the bets is the key, and even on a conservative long term approach, it is critically important to still watch all the facts so some asleep-at-the-wheel stockbroker or corrupt and/or incompetent corporate structure, etc, doesn't wreck your conservative approach, and it does happen.

[accotMask17]

I dunno, doesn't seem to me the next generation are a bunch of environmentalists or conservationists....

Wouldn't matter in the slightest. There would be no global economy, no endless growth, no pointlessly wasteful lifestyles, etc... They simply couldn't be as dumb as we are. Wouldn't matter one iota what their philosophy was.

Andrew

[corolaelwis]

I reckon we're not dumb; but yes they may well be smarter, but let's not get into that as that'll be a whole diferent matter to do with the changing of times and so on.

*Heads off to chop down tree*

[soryalomop]

I hope you didn't try to short anything Samantha.

Nah, I'm keeping mine for 20 more years.

They're going back up today. No worries.

[gkruCRi1]

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.

Friendship was never in doubt. I don't know why that would be seen as an arrogant answer, though. It was a prediction based upon what I was observing at the moment I said that and I did mention why in the earlier post--the ongoing negative Nikkei reaction. She was online when I wrote that and the earlier post so we were sort of having a 'live conversation' before we went offline. I also wrote that post whilst the Nikkei had not yet closed for the day. As you can surmise, a message board preserves comments in a fluid economic status and a comment becomes a dinosaur in rapid time unlike our ordinary political commentaries.

[Luisabens]

I think a total economic collapse is the only thing that will preserve the viability of the planet to support life.

Im sure the market will rebound, as it always does. But one day, it might not, and that will be a good thing for all future peoples who come after us.

Andrew

So, have you quit your job, burned all your possessions, and moved your family to a homeless area? That's how to do your part toward the total economic collapse you say you support.

No?

I didn't think so.

So much for your belief in your own silly theories. Get back to us when you decide to get serious.

[accotMask17]

So, have you quit your job, burned all your possessions, and moved your family to a homeless area? That's how to do your part toward the total economic collapse you say you support.

No?

I didn't think so.

So much for your belief in your own silly theories. Get back to us when you decide to get serious.

No i have not done any of those things, im just as pathetic as anybody.

Its peculiar that you think endless economic growth is 'serious' though. Thats retarded.

Andrew

[Seiblybiozy]

Don't worry. It will all go back up when the Democrats take over the White House.

You obviously don't follow the stock market, do you ?
It has been on a all time high and yes, the market fluctuates some.

[Grizli]

The cause of the first (of many) days of 'volatility' (ever noticed that the corporate media uses that word only when the DJ is headed down?) is 3-fold:

1. Pop in the latest bubble we've created to substitute for a healthy economy- Housing.

2. The $10Billion 'stimulus' that is the stolen money from Iraq has wound its way through the system, and everyone knows that such looting won't soon be repeated.

3. China, which owns US.

4. Too much money in too few hands; the cause of every Depression in our history.

[Grizli]

Note:

#4 has been a constant factor for some 25 years.

Hence it is endemic in our new Robber Baron economy.

[Peterli]

I didn't read number four because you said it was "three-fold". I got confused and then I got tired.

[Grizli]

I'd suggest reading post #34.

It's short and explains #4 in post #33.

[annouhMus]

So, have you quit your job, burned all your possessions, and moved your family to a homeless area? That's how to do your part toward the total economic collapse you say you support.

No?

I didn't think so.

So much for your belief in your own silly theories. Get back to us when you decide to get serious.

I happen to agree with him but much sooner that he or you think. (not date given or suggested, but soon.) The indications are all over the place. However,

It wont happen like it did in 29. There are safeguards against that ---like stopping trading at a particular point if it looks like a continuous process.

[Grizli]

Doniston,

Ah, but those 'safeguards' prevent only 1-day 'excessive' (as viewed by the fat cats) slides. Even the '29 event was a bi-weekly event.

[annouhMus]

Doniston,

Ah, but those 'safeguards' prevent only 1-day 'excessive' (as viewed by the fat cats) slides. Even the '29 event was a bi-weekly event.

With a daily average of 400 points lost, it would take three weeks or more to GET to serious territory.

[Grizli]

Well,

'Serious territory' is subjective.

Suffice it to say that a house of cards built on sand is more stable than our market is. Especially now that it's been a victim of the 'wealth effect' for the top 5%, or so.