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Posted: Fri Oct 10, 2008 6:14 pm Post subject: Re: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street |
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On Oct 10, 12:20 pm, retrogro...@comcast.net wrote:
[quote]On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nos...@asbry.net> wrote:
It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.
According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."
What I said is correct.
[/quote]
and you were correct. the article plainly states that is what the dow
did. p&c is choosing what the article says about the s&p, but the
article uses the s&p low return as a example of what long term
investing can really be. then it goes on to state that returns are
higher depending on when you get in. so the article debunks long term
investing. get ready, he will now say what about dividends, but as we
see today, as well as what happened during the depression, dividends
are being slashed, or done away with, that is if the company is still
in business.
lehman brothers, wachovia, bear sterns, indy mac, etc. i bet all paid
dividends. |
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Stray Dog Guest
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Posted: Fri Oct 10, 2008 6:46 pm Post subject: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street Mas |
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Just looked a minute ago.
Hold onto your 401ks? Man, they>re already gone!
On Fri, 10 Oct 2008, Tab182 wrote:
[quote]Date: Fri, 10 Oct 2008 06:29:56 -0700 (PDT)
From: Tab182 <tabernacle2002@hotmail.com
Newsgroups: alt.politics.republican, alt.politics.economics,
talk.politics.misc, alt.impeach.bush, alt.politics
Subject: Wall Street Massacre???
Hold onto your 401K>s folks it maybe a nasty day on Wall Street as the
futures are now down 411 points!
Well one good thing about this Bushie Depression,
[/quote]
They had a chance to impeach the SOB long ago and what did they do? Sat on
their hands.
at least it is
[quote]getting gas prices to go down.
[/quote]
Cheaper gas ain>t gonna help if you ain>t got no job. |
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ObKY20 Guest
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Posted: Fri Oct 10, 2008 6:50 pm Post subject: Re: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street |
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"Stray Dog" <sdog2008@sdf.lonestar.org> wrote in message
news:Pine.NEB.4.64.0810101344110.12319@sdf.lonestar.org...
[quote]
Just looked a minute ago.
Hold onto your 401ks? Man, they>re already gone!
[/quote]
Yes, hold on to them. People who hold on to their investments will benefit
in the long term.
[quote]
On Fri, 10 Oct 2008, Tab182 wrote:
Date: Fri, 10 Oct 2008 06:29:56 -0700 (PDT)
From: Tab182 <tabernacle2002@hotmail.com
Newsgroups: alt.politics.republican, alt.politics.economics,
talk.politics.misc, alt.impeach.bush, alt.politics
Subject: Wall Street Massacre???
Hold onto your 401K>s folks it maybe a nasty day on Wall Street as the
futures are now down 411 points!
Well one good thing about this Bushie Depression,
They had a chance to impeach the SOB long ago and what did they do? Sat on
their hands.
at least it is
getting gas prices to go down.
Cheaper gas ain>t gonna help if you ain>t got no job.
[/quote] |
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ObKY20 Guest
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Posted: Fri Oct 10, 2008 7:04 pm Post subject: Re: Wall Street Massacre??? |
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"perreigh" <perryneheum@hotmail.com> wrote in message
news:63795166-56cb-4fa7-8999-22788058c8b0@k13g2000hse.googlegroups.com...
[quote]"gas prices to go down."
Doesn>t matter much if you>re out of a job! Or savings. Or your
house.
[/quote]
I>ve been reading horror stories of tent cities coming up all over the
country.
I thank God everyday that I>m in a job that is pretty secure.
However, I think about these families and what ever I can do to help I will
try
to do something. |
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Bert Hyman Guest
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Posted: Fri Oct 10, 2008 7:14 pm Post subject: Re: Wall Street Massacre??? |
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ObKonOBee111@yahoomail.com (ObKY20) wrote in
news:tIadnScNk4hG_XLVnZ2dnUVZ_uKdnZ2d@comcast.com:
[quote]"perreigh" <perryneheum@hotmail.com> wrote in message
news:63795166-56cb-4fa7-8999-22788058c8b0@k13g2000hse.googlegroups.co
m...
"gas prices to go down."
Doesn>t matter much if you>re out of a job! Or savings. Or your
house.
I>ve been reading horror stories of tent cities coming up all over
the country
[/quote]
Where have you been reading this? Where are these tent cities?
--
Bert Hyman | St. Paul, MN | bert@iphouse.com |
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Stray Dog Guest
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Posted: Fri Oct 10, 2008 7:33 pm Post subject: Re: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street |
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Market seems to be back up to 8500 (at 10:35 am, as per Wash Post).
On Fri, 10 Oct 2008, ObKY20 wrote:
[quote]Date: Fri, 10 Oct 2008 09:50:46 -0400
From: ObKY20 <ObKonOBee111@yahoomail.com
Newsgroups: alt.politics.republican, alt.politics.economics,
talk.politics.misc, alt.impeach.bush, alt.politics
Subject: Re: Stocks under 8,
000 right now (9:45 am) ..Re: Wall Street Massacre???
"Stray Dog" <sdog2008@sdf.lonestar.org> wrote in message
news:Pine.NEB.4.64.0810101344110.12319@sdf.lonestar.org...
Just looked a minute ago.
Hold onto your 401ks? Man, they>re already gone!
Yes, hold on to them. People who hold on to their investments will benefit
in the long term.
[/quote] |
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Stray Dog Guest
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Posted: Fri Oct 10, 2008 7:38 pm Post subject: A Key Lay friend?....Re: Stocks under 8,000 right now (9:45 |
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On Fri, 10 Oct 2008, ObKY20 wrote:
[quote]
"Stray Dog" <sdog2008@sdf.lonestar.org> wrote in message
news:Pine.NEB.4.64.0810101344110.12319@sdf.lonestar.org...
Just looked a minute ago.
Hold onto your 401ks? Man, they>re already gone!
Yes, hold on to them. People who hold on to their investments will benefit
in the long term.
[/quote]
You sound like Ken Lay, who was telling everyone to buy Enron while he was
selling it as fast as he could.
Most of those people who held on lost their asses. |
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Guest
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Posted: Fri Oct 10, 2008 8:29 pm Post subject: Re: Wall Street Massacre??? |
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On Fri, 10 Oct 2008 06:32:23 -0700 (PDT), Citizen Jimserac
<Jimserac@gmail.com> wrote:
[quote]On Oct 10, 9:29 am, Tab182 <tabernacle2...@hotmail.com> wrote:
Hold onto your 401K>s folks it maybe a nasty day on Wall Street as the
futures are now down 411 points!
Well one good thing about this Bushie Depression, at least it is
getting gas prices to go down.
"the economy is fundamentally sound" John McCain...
BWAAAAAAAAAAAAAA HA HA HAH HAHAHAHHAHA HA HA HA HA HA!!!!!
What was that about Jimmy Carter being the worst president??
[/quote]
Carter was criticized for knowing too much on too many topics and
being overly hands on. Mccain poses the opposite. Totally out of touch
and unequipped to evaluate what needs to be done. |
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Guest
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Posted: Fri Oct 10, 2008 8:31 pm Post subject: Re: Wall Street Massacre??? |
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On Fri, 10 Oct 2008 06:47:30 -0700 (PDT), cheley_bonstell88@live.com
wrote:
[quote]WOW WOW WOW 5 minutes in and down 700 points the DOW is now down under
8,000!
Bush will speak at 10:30, as people cover their short positions
Long term buy here via mutual funds . .
[/quote]
News of his coming speech drove the market back up to yesterdays
close. Then he spoke, and 400 points evaporated.
Hope vs. reality. |
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Guest
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Posted: Fri Oct 10, 2008 8:33 pm Post subject: Re: Wall Street Massacre??? |
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On 10 Oct 2008 14:14:16 GMT, Bert Hyman <bert@iphouse.com> wrote:
[quote]ObKonOBee111@yahoomail.com (ObKY20) wrote in
news:tIadnScNk4hG_XLVnZ2dnUVZ_uKdnZ2d@comcast.com:
"perreigh" <perryneheum@hotmail.com> wrote in message
news:63795166-56cb-4fa7-8999-22788058c8b0@k13g2000hse.googlegroups.co
m...
"gas prices to go down."
Doesn>t matter much if you>re out of a job! Or savings. Or your
house.
I>ve been reading horror stories of tent cities coming up all over
the country
Where have you been reading this? Where are these tent cities?
[/quote]
Google is your friend. Are you really that removed from daily news?
http://ap.google.com/article/ALeqM5htD-5rvP6yK7RZ008IAiqfAI5ZGgD9398LEG0 |
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Guest
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Posted: Fri Oct 10, 2008 8:34 pm Post subject: Re: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street |
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On Fri, 10 Oct 2008 09:50:46 -0400, "ObKY20"
<ObKonOBee111@yahoomail.com> wrote:
[quote]
"Stray Dog" <sdog2008@sdf.lonestar.org> wrote in message
news:Pine.NEB.4.64.0810101344110.12319@sdf.lonestar.org...
Just looked a minute ago.
Hold onto your 401ks? Man, they>re already gone!
Yes, hold on to them. People who hold on to their investments will benefit
in the long term.
[/quote]
LOL. In the long term, we>re all dead. |
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Guest
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Posted: Fri Oct 10, 2008 8:35 pm Post subject: Re: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street |
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On Fri, 10 Oct 2008 09:50:46 -0400, "ObKY20"
<ObKonOBee111@yahoomail.com> wrote:
[quote]
"Stray Dog" <sdog2008@sdf.lonestar.org> wrote in message
news:Pine.NEB.4.64.0810101344110.12319@sdf.lonestar.org...
Just looked a minute ago.
Hold onto your 401ks? Man, they>re already gone!
Yes, hold on to them. People who hold on to their investments will benefit
in the long term.
[/quote]
It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time. |
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Guest
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Posted: Fri Oct 10, 2008 8:37 pm Post subject: Re: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street |
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On Oct 10, 1:09 pm, alexy <nos...@asbry.net> wrote:
[quote]retrogro...@comcast.net wrote:
On Fri, 10 Oct 2008 13:49:57 -0400, alexy <nos...@asbry.net> wrote:
retrogro...@comcast.net wrote:
On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nos...@asbry.net> wrote:
It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.
According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."
What I said is correct.
Yes, but misleading. The article Vid posted was accurate. The writer
of that article understands that dividends are part of the return on
stocks.
The quote it, don>t characterize it. I>m not getting sucked into one
of your quibble fests. I leave that to Vid and trucker
See above, between the quotation marks. That>s a quote.
--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.
[/quote]
the article is almost word for word what i have been saying to a
market apologist the last year or so.
obtw apologists, there have been no gains for over 10 years now, and
dividends are disappearing, or being scaled back fast now, that is, if
the company you invested in, is still in business:)
http://finance.yahoo.com/tech-ticker/article/94433/%27More-Insidious%27-Than-1987-Current-Bear-Market-Ranks-Among-Worst-in-History?tickers=%5EDJI,%5EGSPC,%5EIXIC,SPY,DIA
'More Insidious' Than 1987: Current Bear Market Ranks Among Worst in
History
Posted Oct 10, 2008 02:40pm EDT by Aaron Task in Investing, Recession
Related: ^DJI, ^GSPC, ^IXIC, SPY, DIA
If 1987 was like being in a bad accident, this market is like running
into a bully who beats you up and takes your lunch every day, day
after day. In that regard, the current market upheaval is "more
insidious" than the 1987 crash, says John Roque, technical analyst at
Natixis Bleichroeder.
Whether 1987 or 1929, the now year-long slump already ranks among the
worst in U.S. market history. Both the Dow and S&P are now down more
than 40% from their 2007 peaks, the worst bear market since 1973-'74,
when the Dow fell 45% in two years.
Given the historical nature of the current decline, it>s useful (and
wise) to recall how the market fared in prior periods of prolonged
distress, as Roque recently did in a report entitled "Don>t Know Much
About History."
• From 1909 to 1919, the Dow was essentially flat for 13 years.
• After peaking in 1929, the Dow didn>t make a new all-time high
until 1957, nearly 30 years later.
• From 1965 to 1982, the Dow was essentially flat for 16 years.
In other words "it takes time" to recover from the kind of drops
occurring now, Roque says. Expectations for a rapid recovery a like
expecting a basketball player who>s suffered a serious knee injury to
start playing at full speed right away.
If there>s any solace in this grim tale is that>s the Dow and S&P are
now back to 1998 levels, meaning we>re 10 years into the latest period
of prolonged market malaise. |
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Guest
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Posted: Fri Oct 10, 2008 8:40 pm Post subject: Re: Stocks under 8,000 right now (9:45 am) ..Re: Wall Street |
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On Oct 10, 1:26 pm, alexy <nos...@asbry.net> wrote:
[quote]Vide...@tcq.net wrote:
On Oct 10, 12:20 pm, retrogro...@comcast.net wrote:
On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nos...@asbry.net> wrote:
It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.
According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."
What I said is correct.
and you were correct. the article plainly states that is what the dow
did.
As Retro said to me, "The[n] quote it, don>t characterize it."
I just reread the article again on the off chance that you did know
what it said. (You didn>t.) Feel free to point out where you think it
says that, quoting what it says, not your characterization of what it
says.
p&c is choosing what the article says about the s&p, but the
article uses the s&p low return as a example of what long term
investing can really be.
Yes, and I have quoted above what it says about what the "S&P low
return" was.
then it goes on to state that returns are
higher depending on when you get in.
Yep, a very good article about the volatility of the market.
[/quote]
the article is almost word for word what i have been saying to a
market apologist the last year or so.
obtw apologists, there have been no gains for over 10 years now, and
dividends are disappearing, or being scaled back fast now, that is, if
the company you invested in, is still in business:)
http://finance.yahoo.com/tech-ticker/article/94433/%27More-Insidious%27-Than-1987-Current-Bear-Market-Ranks-Among-Worst-in-History?tickers=%5EDJI,%5EGSPC,%5EIXIC,SPY,DIA
'More Insidious' Than 1987: Current Bear Market Ranks Among Worst in
History
Posted Oct 10, 2008 02:40pm EDT by Aaron Task in Investing, Recession
Related: ^DJI, ^GSPC, ^IXIC, SPY, DIA
If 1987 was like being in a bad accident, this market is like running
into a bully who beats you up and takes your lunch every day, day
after day. In that regard, the current market upheaval is "more
insidious" than the 1987 crash, says John Roque, technical analyst at
Natixis Bleichroeder.
Whether 1987 or 1929, the now year-long slump already ranks among the
worst in U.S. market history. Both the Dow and S&P are now down more
than 40% from their 2007 peaks, the worst bear market since 1973-'74,
when the Dow fell 45% in two years.
Given the historical nature of the current decline, it>s useful (and
wise) to recall how the market fared in prior periods of prolonged
distress, as Roque recently did in a report entitled "Don>t Know Much
About History."
• From 1909 to 1919, the Dow was essentially flat for 13 years.
• After peaking in 1929, the Dow didn>t make a new all-time high
until 1957, nearly 30 years later.
• From 1965 to 1982, the Dow was essentially flat for 16 years.
In other words "it takes time" to recover from the kind of drops
occurring now, Roque says. Expectations for a rapid recovery a like
expecting a basketball player who>s suffered a serious knee injury to
start playing at full speed right away.
If there>s any solace in this grim tale is that>s the Dow and S&P are
now back to 1998 levels, meaning we>re 10 years into the latest period
of prolonged market malaise.
[quote]--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.
[/quote]
more quibbling on its way. |
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Guest
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Posted: Fri Oct 10, 2008 8:58 pm Post subject: Re: Wall Street Massacre??? |
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On Fri, 10 Oct 2008 07:50:30 -0700 (PDT), Baldin Lee Pramer
<baldinleepramer@yahoo.com> wrote:
[quote]"perreigh" <perryneh...@hotmail.com> wrote in message
news:63795166-56cb-4fa7-8999-22788058c8b0@k13g2000hse.googlegroups.co
m...
"gas prices to go down."
Doesn>t matter much if you>re out of a job! Or savings. Or your
house.
I>ve been reading horror stories of tent cities coming up all over
the country
Where have you been reading this? Where are these tent cities?
http://www.youtube.com/watch?v=CnnOOo6tRs8
ObKY20 might just be hysterical, or he might be well enough read to be
picking up on things early.
[/quote]
Funny how the BBC can get the story, but not the US media. |
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