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BarnacleBill
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« Reply #315 on: March 03, 2009, 03:38:11 AM » |
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 That settles it. We all will live with goober on his farm/commune and be free-lovin' hippies growin' our own food and playing acoustic guitars and folk music.
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The journey of a thousand miles begins with a single step.
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SwitcherX
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« Reply #316 on: March 03, 2009, 09:49:26 AM » |
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Quote:
notty said:
What happens if it goes to zero?
there will be nationwide rioting before that happens so we probably wouldn't notice |
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Switcher X
A.K.A. Tina Fey Eichmann
"Thank you herr professor Tina Fey Eichmann, nuclear brain surgeon and moustache jockey."
-- Mammeister
"SwitcherX, you were always Mammeister's favorite...you bastard."
-- Notty
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SwitcherX
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« Reply #317 on: March 03, 2009, 09:52:15 AM » |
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Quote:
gOOber said:
6763
Thank God the government is spending trillions to fix the economy. That will fix everything. |
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Switcher X
A.K.A. Tina Fey Eichmann
"Thank you herr professor Tina Fey Eichmann, nuclear brain surgeon and moustache jockey."
-- Mammeister
"SwitcherX, you were always Mammeister's favorite...you bastard."
-- Notty
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bignatslover
J Cup
Posts: 3317
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« Reply #319 on: March 03, 2009, 02:13:21 PM » |
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Quote:
BarnacleBill said:
That settles it. We all will live with goober on his farm
Hey Goober do you really have a farm? |
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My favorite models are: Nicole Sands, Milena V, BEshine, Sabrina Meloni, Abbi Secraa, Pink Lisa, Susie Sparks, Cheron, Lorna Morgan and finally Nita Stasberg AKA Melody Phaeton.
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gOOber
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« Reply #320 on: March 03, 2009, 02:56:53 PM » |
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More like a large garden and a weed pasture.  |
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"Breasts are a leading cause of pleasure." - gOOber
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pedonbio
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« Reply #321 on: March 03, 2009, 05:16:01 PM » |
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Quote:
pedonbio said:
Yep, that's what I said--3,000 to 4,000, and I'm stickin' to it! 
Quoting myself.
I'm seeing if I can find a book of recipes for rodents. |
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Someday, chi1dren, this entire fuck-up will be yours.
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DruulEmpire
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« Reply #322 on: March 03, 2009, 06:02:12 PM » |
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Say, pedonbio -- what inspired you to blurt out the number 6300 two pages ago on this thread? Because I have to admit that's about as good a next signpost as any to look out for.
Druul "I confess it, this Great Recession has me stumped" Empire
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pedonbio
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« Reply #323 on: March 03, 2009, 06:14:53 PM » |
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Magical thinking. That was where the DJIA was around election day, 1996, which was, by my reckoning, when the economy started to fall apart.
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Someday, chi1dren, this entire fuck-up will be yours.
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BarnacleBill
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« Reply #325 on: March 05, 2009, 05:55:24 PM » |
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The journey of a thousand miles begins with a single step.
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DruulEmpire
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« Reply #326 on: March 05, 2009, 07:54:02 PM » |
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Oh, hang it all.
My final floor: 5678 -- and if that busts, I just won't care anymore. Closest thing to a floor after that is pedonbio's low of 2000 -- anyone bets that too will crack, and wins, I'll find some way to pay you.
Meantime, I'll root for pedonbio's blurtation (if that's a word) of 6300.
Drull "new proof of the unluckiness of the number 13 -- the number of years the Dow is backpedaling" Empire
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pedonbio
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« Reply #327 on: March 06, 2009, 01:23:39 AM » |
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Really, Druul, you and I think alike about this. In the 1929-1933 collapse the DJIA dropped 90% from its high; so if this were a repeat of that collapse, it would stop a hair above 2,000. My offhanded "3,000 to 4,000" guess was really a guess that this collapse was going to to be very, very bad, but not quite as bad as 1929-1933.
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Someday, chi1dren, this entire fuck-up will be yours.
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gOOber
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« Reply #328 on: March 06, 2009, 02:08:57 PM » |
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I want to believe.  |
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"Breasts are a leading cause of pleasure." - gOOber
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AZWolf
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« Reply #330 on: March 21, 2009, 07:32:47 AM » |
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Be rich.
That market is pretty shaky today, but Republicans are doing their best to make sure some semblance of it survives.
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Dawn, n. The time of day when men of reason go to bed.
Pray, v. To ask that the laws of the universe be annulled in behalf of a single petitioner confessedly unworthy.
-- Ambrose Bierce, "The Devil's Dictionary"
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DruulEmpire
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« Reply #331 on: March 23, 2009, 01:20:38 PM » |
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I wasn't aware that the Republicans were "doing" anything, least of all anything cleaning up after their former President.
On a whole other topic, I'm struck by the coincidence that both AZ and myself are newly tackling "Atlas Shrugged." It's a guilty pleasure of mine, one big long cracklin' high-caf dose of shameless melodrama -- but it also deserves a good severe deconstructionist analysis, so I'll be having a few in-depth questions for AZ.
Me, I believe that in anything resembling the real world, a more appropriate title might be "Atlas Delegates."
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BarnacleBill
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« Reply #332 on: March 23, 2009, 05:18:31 PM » |
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The journey of a thousand miles begins with a single step.
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TheZookie007
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« Reply #333 on: March 23, 2009, 09:52:12 PM » |
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We're well on our way to DJIA 30,000. Today the market closed almost 500 points up.
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"When your city is French in origin, and your Mayor and Governor are Democrats, and those most affected by this natural disaster are Black, don't expect much help from Bush." -- Left of Y'all (and the link works now too!  )
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pedonbio
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« Reply #334 on: March 23, 2009, 10:55:03 PM » |
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Yep. At that rate the DJIA will reach 30,000 by the middle of April. Willing to bet on it?? |
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Someday, chi1dren, this entire fuck-up will be yours.
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MaxBigfoot
P Cup
Posts: 6134
Maximum Manga Maven
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« Reply #335 on: March 24, 2009, 07:08:31 PM » |
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Quote:
pedonbio said:
Yep. At that rate the DJIA will reach 30,000 by the middle of April. Willing to bet on it??
Bets like that are one of the reasons we're in this situation in the first place!  |
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MaxBigfoot
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SwitcherX
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« Reply #336 on: March 24, 2009, 09:14:14 PM » |
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Quote:
pedonbio said:
Yep. At that rate the DJIA will reach 30,000 by the middle of April. Willing to bet on it??
I'll give you 1,000,000 to 1 odds tht it dosen't. |
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Switcher X
A.K.A. Tina Fey Eichmann
"Thank you herr professor Tina Fey Eichmann, nuclear brain surgeon and moustache jockey."
-- Mammeister
"SwitcherX, you were always Mammeister's favorite...you bastard."
-- Notty
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pedonbio
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« Reply #337 on: March 24, 2009, 10:01:07 PM » |
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So would I, Switcher. That's why I don't get excited by one-day rises or falls.
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Someday, chi1dren, this entire fuck-up will be yours.
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TheZookie007
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« Reply #338 on: March 26, 2009, 08:05:08 AM » |
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Me neither. But then I don't have any skin in this particular game, so it's all theoretical to me.
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"When your city is French in origin, and your Mayor and Governor are Democrats, and those most affected by this natural disaster are Black, don't expect much help from Bush." -- Left of Y'all (and the link works now too! )
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BarnacleBill
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« Reply #339 on: April 02, 2009, 03:14:43 PM » |
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DOW ended today over 8000!! One commentator said, "Everyone is in a buying mood."   |
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The journey of a thousand miles begins with a single step.
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DruulEmpire
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« Reply #340 on: April 12, 2009, 03:57:07 PM » |
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This thread was named "11111" in anticipation of getting DOWN to that -- but now, maybe it would work better as a chronicle of trying to get back UP to that. I'm not going to continue BarnacleBill's "happy days" caption -- I'm not feeling THAT optimistic just yet -- but I already feel pretty good. The high for all of March was only 7924, and we're already well above that, at 8083. Thing is, I'm not all that sure we're out of the 7000s just yet. Yes, BB, we hit over 8000 that week -- but then we dipped back into the 7000s, only to hit over 8000 the week after that too.  So I suspect we may hit the 7000s at least one more time during this long slow crawl back up. But from the 7000s to the 11000s and beyond we will return -- it's a question of when. So I'm looking at this year -- and probably next year too -- as "Project 7-11." All right, new prediction: by Pentecost (May 31) we'll be back over 8365, which is the highest we've been since the inauguration. (Detractors may try to suggest that all you need to know about this term was that there was a drop on inauguration day, but in fact that drop was recovered, and more, come January 28.) As for when we hit 9000 or 10000 -- I've learned my lesson. One thing at a time. Oh, and may I be the first to say -- hurrah for Captain Richard Phillips!  |
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DruulEmpire
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« Reply #341 on: May 04, 2009, 05:18:30 PM » |
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If I've learned anything from this thread, it's that perhaps I suck less at guarded optimism than guarded pessimism. Of course, it didn't help that I happened to start this just in time for the biggest global financial meltdown in eighty years -- I mean, ye gawdz, I'd be lucky to LIVE eighty years. I kept setting floors, they kept getting busted. Lesson learned. I've been reading a book, "The Age of the Unthinkable" by Joshua Cooper Ramo, which is maddeningly vague, but I think I appreciate its moral. If a system is a sandpile to begin with, expect avalanches. Anyhow, as of the last post I was right to expect more dips into the 7000s. Our last one was April 23, but we seem to have pulled out since then. And now, today, my hope for 8365+ by the end of this month has already been met. We just closed at 8426. This is not only the highest of the Obama administration, it's even higher than Dubya's last three working days. So now I'm going to ratchet things up slightly. In honor of May being the fifth month, I'll wait for 8500 by month's end -- technically, Friday the 29th. We could still see another dip to the 7000s, and hitting 8500 may still come just before another great slump. I'm not saying we're out of the woods. I'm just hoping we're blazing some sort of trail. |
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solvegas
U Cup
Posts: 8677
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« Reply #342 on: May 05, 2009, 12:45:29 AM » |
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Dead cat bounce. The way the Federal Reserve is printing money in 2 years or so inflation will anihilate the stock market just like it did in the 70's. It seems we always have to re-learn the mistakes of the past.  |
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ChrisR1
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« Reply #343 on: May 09, 2009, 03:24:30 AM » |
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There is still a lot of volatility in the market. |
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Work, work, work. Hello boys, have a good night's rest, I missed you. - Gov. William J. LePetomane  |
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DruulEmpire
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« Reply #344 on: June 02, 2009, 06:05:16 AM » |
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At last, a market I can predict. I wanted 8500 in May, and once got 8574.
In a similar spirit of caution, what with yesterday briefly seeing 8747, I'll say 8900 by Friday July 31.
("Dead cat bounce" -- yeesh! Yeah, but from even higher up, I'd expect "dead cat pancake.")
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pedonbio
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« Reply #345 on: June 05, 2009, 08:38:47 PM » |
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Dead cat bounce. The way the Federal Reserve is printing money in 2 years or so inflation will anihilate the stock market just like it did in the 70's. It seems we always have to re-learn the mistakes of the past. <img src="/images//graemlins/frown.gif" alt="" />
solvegas, I don't necessarily agree on the cause, but the phrase "bear trap" keeps running thru my head. |
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Someday, chi1dren, this entire fuck-up will be yours.
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DruulEmpire
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« Reply #346 on: June 19, 2009, 05:35:39 PM » |
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"Dead cat pancake" is feeling about right -- Dow hasn't gone anywhere in three weeks. I'm just glad I set my next high for six weeks future ...  |
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BarnacleBill
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« Reply #347 on: June 21, 2009, 06:02:05 PM » |
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I love that "dead cat bounce" phrase.  I agree. We will see a "W" shaped recovery. We don't yet know how far down the second valley will go. This is the suckers rally. Since I have a lot of student loans, I want to see total economic meltdown and Weimar Republic-style inflation so I can pay them all off with the same amount of money it would take to buy a loaf of bread. |
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The journey of a thousand miles begins with a single step.
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SwitcherX
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« Reply #348 on: June 21, 2009, 06:40:09 PM » |
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Since I have a lot of student loans, I want to see total economic meltdown and Weimar Republic-style inflation so I can pay them all off with the same amount of money it would take to buy a loaf of bread.
I'm hoping it dosen't. The thought of this dosen't thrill me: |
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Switcher X
A.K.A. Tina Fey Eichmann
"Thank you herr professor Tina Fey Eichmann, nuclear brain surgeon and moustache jockey."
-- Mammeister
"SwitcherX, you were always Mammeister's favorite...you bastard."
-- Notty
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SwitcherX
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« Reply #349 on: July 12, 2009, 06:30:39 AM » |
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Switcher X
A.K.A. Tina Fey Eichmann
"Thank you herr professor Tina Fey Eichmann, nuclear brain surgeon and moustache jockey."
-- Mammeister
"SwitcherX, you were always Mammeister's favorite...you bastard."
-- Notty
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