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The economy, is it good or bad. by 84fiero123
Started on: 07-27-2007 10:05 AM
Replies: 1809 (21981 views)
Last post by: Back On Holiday on 11-22-2008 07:23 AM
fierobear
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Report this Post09-19-2007 07:03 PM Click Here to See the Profile for fierobearSend a Private Message to fierobearEdit/Delete MessageReply w/QuoteDirect Link to This Post
Uh, oh. Two straight days of "up". What will the doomsayers do?

Index Last Change % change
• DJIA 13815.56 +76.17 +0.55%
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Report this Post09-19-2007 07:05 PM Click Here to See the Profile for PhrancSend a Private Message to PhrancEdit/Delete MessageReply w/QuoteDirect Link to This Post
Awwww poor bill. Got called out and got is panties twisted. Its hard to answer questions isn't bill. If you took as much effort to answer a question honestly instead altering quotes people might take you as less of a joke. Not much less because lets face it you are a big joke. No one laughs with you bill, they all laugh at your.

I'll try again for grins and giggles.

Why is it when the markets do good you don't post the numbers?

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Report this Post09-19-2007 07:06 PM Click Here to See the Profile for acemanSend a Private Message to acemanEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by 84Bill:

Did the Fed go too far?
Wall Street loves the half-point rate cut as many believe it will keep the economy from slipping further. But some worry the Fed may have created more problems.
http://money.cnn.com/2007/0...esreaction/index.htm

Double-digit home price drops coming
Three quarters of housing markets - many in crashing Sun Belt areas - face price declines over next few years.
http://money.cnn.com/2007/0...ops_coming/index.htm


The fall of America's meanest law firm
Schulman, a former name partner at Milberg Weiss, is expected to plead guilty to a single racketeering conspiracy charge and to assist the prosecution, according to lawyers in the case.
http://money.cnn.com/magazi...13/8393127/index.htm

Americas
Index Change %Change Level Last Update *

Canada TSE 300 -65.62 -0.47% 13,939.78 9/19 5:05pm
Canada CDNX -7.11 -0.26% 2,758.45 9/19 5:05pm
Canada S&P/TSX 60 -4.88 -0.60% 809.22 9/19 5:05pm


The first link..... MANY believe it will keep the economy from slipping further. SOME believe it won't. I'm not a smart guy on the nitty gritty ofd the economy. I'll side with the many experts on this.

Second link....... Ooooh! Hosing market corrections. Good time to buy! Bill, I'm selling my house. (Bought 8 years ago for $105,000.) I'm listing at $190,000. I'll probably consider anything over $170,000. The house could have sold for $225,000 two years ago. It's tax value is at $225,000 this year. As soon as I sell the house I'm buying in a market that is going through a market correction, too. The only real way I'm hurting in this market is that my house will be up for sale for 6-9 months instead of 6-9 weeks. It's the IDIOTS that bought a house 2 years ago for $225,000 with the thinking that they could afford it and the thinking that the price was going to continue to soar.

Third link....Pray tell me what that has to do with the economy???????????

The market numbers.............Bill, if you had $1000 in your pocket and you lost $6 today at the casino.......Are you going to lose sleep over it? Tomorrow, you won $6 at the casino and you walk out with $1006, are you going to celebrate about it? Two days from now, you go to the casino and lose another $6. You're back down to $1000 in your pocket. Are you losing sleep yet?

THAT'S WHAT YOUR .6% MARKET LOSSES ARE IN REALITY!!!!!!!!!!!!!!!!!!!!!!!!
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Report this Post09-19-2007 07:08 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Skanc: The chief whiner in charge of PFF whiners
screech biotch complain cry about Bill whine Snip:



Whats the problem Skanc, Partick doesnt want to play with you anymore? Trolling for another person so you can hujack another thread?

Get a life ya douchebag.
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Report this Post09-19-2007 07:11 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post

84Bill

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quote
Originally posted by aceman IE.Subordinate complainer to Skanc:
Blaaaahhh blahh blahhh..


Yeah yeah yeah..
Argue with the money.cnn.com editors, I', NOT interested in holding a conversation OT with you... try again later.
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Report this Post09-19-2007 07:16 PM Click Here to See the Profile for acemanSend a Private Message to acemanEdit/Delete MessageReply w/QuoteDirect Link to This Post
I'm not arguing with them, Bill. I'm simply clearing out the sensationalism and play on words they use in their headlines and first paragraph to point out what the article really says. cnn.money.com is in the business to sell a story, not reality.

You...You have no argument to put forth, so you continue to post the links that you do.
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Report this Post09-19-2007 07:21 PM Click Here to See the Profile for PhrancSend a Private Message to PhrancEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by 84Bill:



Whats the problem Skanc, Partick doesnt want to play with you anymore? Trolling for another person so you can hujack another thread?

Get a life ya douchebag.


How does that answer why you don't post the numbers when they are up?
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Report this Post09-19-2007 07:22 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by aceman AKA the Great and wise sooth sayer of PFF:
I'm not arguing with them, Bill


Okay... I can hande that.. BUT I didnt write them so I have 2 questions

1. Why are you addressing me?

2. Can you do that without adding my name to your great and powerful divinations or is this all just simply too much to ask of you?
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Report this Post09-19-2007 07:24 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post

84Bill

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quote
Originally posted by Phranc:
How does that answer why you don't post the numbers when they are up?


Here's a clue Skanc.... I dont feel like it.

Why dont you post the numbers when they are up? You know you are free to do so... or are you incapable?
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Report this Post09-19-2007 07:31 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post

84Bill

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LOL

th' econome, be it good or bad.

Had to save that one
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Report this Post09-19-2007 07:34 PM Click Here to See the Profile for PhrancSend a Private Message to PhrancEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by 84Bill:


Here's a clue Skanc.... I dont feel like it.

Why dont you post the numbers when they are up? You know you are free to do so... or are you incapable?


Why don't you feel like it bill? Is it to much work?
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Report this Post09-19-2007 07:42 PM Click Here to See the Profile for acemanSend a Private Message to acemanEdit/Delete MessageReply w/QuoteDirect Link to This Post
Bill, I address YOU and YOUR posts because YOU seem to be the only one posting that doesn't get it. You post only doom and gloom posts that are very mildly doom and gloom. I suppose we could have posted the 300 point jump the stock market took a couple days ago.
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Report this Post09-19-2007 07:46 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by aceman the quick:

Bill, I address YOU and YOUR posts because YOU seem to be the only one posting that doesn't get it. You post only doom and gloom posts that are very mildly doom and gloom. I suppose we could have posted the 300 point jump the stock market took a couple days ago.



RIght.. so keep on keepin on and play the tard if you like. I have no reply to your drivel as you have already stated clearly you are right and my posts are wrong.. Whatever... waste bandwidth, I dont care.

I can skip your posts too as long as you dont address me but if you do expect a reply from me.
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Report this Post09-19-2007 07:47 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post

84Bill

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quote
Originally posted by Phranc:
Why don't you feel like it bill? Is it to much work?


Same reason you dont feel like it..

No. It's WAY too much work.
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Report this Post09-19-2007 07:51 PM Click Here to See the Profile for PhrancSend a Private Message to PhrancEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by 84Bill:


Same reason you dont feel like it..

No. It's WAY too much work.


Why don't I feel like it bill? Please tell me.
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Report this Post09-19-2007 07:53 PM Click Here to See the Profile for acemanSend a Private Message to acemanEdit/Delete MessageReply w/QuoteDirect Link to This Post
I don't think I was complaining that you reply directly to my posts.

You're confusing me with yourself. YOU have been complaining every time someone address YOU and YOUR posts. The rest do not complain that they're posts are being directly addressed.



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Report this Post09-19-2007 07:56 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Phranc:
Why don't I feel like it bill? Please tell me.


Nah.. I dont feel like it.... and nahhh.... I dont feel like doing that either....

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Report this Post09-19-2007 08:22 PM Click Here to See the Profile for PhrancSend a Private Message to PhrancEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by 84Bill:


Nah.. I dont feel like it.... and nahhh.... I dont feel like doing that either....



Don't feel like it or can't. I'll go with can't because you don't know bill. You make statements that are pure BS. You are stupid.

Go back to posting articles you don't understand and looking like an idiot bill. I'm sure need a good laugh at your expense.
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Report this Post09-19-2007 09:16 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Skanc AKA the Troll:
Don't feel like it or can't. I'll go with can't because you don't know bill.


I dont know what?


 
quote

You make statements that are pure BS.



And you make child like statements.. the following is a perfect example of your mental age and puny ego.


 
quote

You are stupid.


Ohh I'm so hurt.... Grow the hell up Skanc.

 
quote

Go back to posting articles you don't understand


Go back to arguing with Patrick or maybe go play in a quiet room away from people.

 
quote

and looking like an idiot bill.


Ohh I'm so hurt.. Try growing up..... little boy.

 
quote

I'm sure need a good laugh at your expense.



Couldn't even compared to the laugh I had at your expense LMFAO!!


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Report this Post09-21-2007 10:08 AM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
Asia Pacific & Australia
Index Change %Change Level Last Update *

Australia ASX 100 -29.20 -0.56% 5,143.00 9/21 5:00pm
Australia ASX All Ords -29.70 -0.46% 6,371.20 9/21 5:00pm
Australia ASX Mid-cap 50 -27.60 -0.42% 6,523.40 9/21 5:00pm
Hong Kong Hang Seng +142.65 +0.56% 25,843.78 9/21 5:59pm
Hong Kong HSCC Red Chip -4.29 -0.08% 5,232.65 9/21 4:26pm
Japan Nikkei 225 -101.18 -0.62% 16,312.61 9/21 4:30pm
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Report this Post09-21-2007 10:14 AM Click Here to See the Profile for acemanSend a Private Message to acemanEdit/Delete MessageReply w/QuoteDirect Link to This Post
You lost $6 of your $1000 at the casino again, huh? THE SKY IS FALLING!

FTSE 100 +20.80 +0.32% 6,449.80
XETRA-DAX +47.84 +0.62% 7,782.93
CAC 40 +10.07 +0.18% 5,698.83
HANG SENG +142.65 +0.56% 25,843.78
NIKKEI 225 -101.18 -0.62% 16,312.61

Look, Some other world markets GAINED POINT 18 to POINT 62. Ying and Yang!

[This message has been edited by aceman (edited 09-21-2007).]

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Report this Post09-21-2007 10:51 AM Click Here to See the Profile for PyrthianSend a Private Message to PyrthianEdit/Delete MessageReply w/QuoteDirect Link to This Post
//www.fiero.nl/forum/Forum6/HTML/051454.html

so - maybe perspective is the key.
is our's bad - or is everyone else's better?

and, it also depends on what you needs are. if you need a home - which is most people largest output of cash - you are in luck - the economy is GREAT. just sucks for everything else. I'd expect fuel/energy costs is at the heart of most of this.

remember the crying people were doing back in the Clinton years? we cant find workers. customer service sucks - because no-one cares about their jobs.
so, now we have people scrambling to keep their jobs - and customer service folk will drop to their knees & blow ya.

so - why must we swing to such extremes?
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Report this Post09-21-2007 10:52 AM Click Here to See the Profile for PhrancSend a Private Message to PhrancEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by 84Bill:

And you make child like statements.. the following is a perfect example of your mental age and puny ego.


Poor stupid bill. Do you even understand whats so funny about that?

By the way I just got my 3 mutual fund reports yesterday and all three are up, Have been steadily going up since 2001. You'd think with all the stories you post but don't understand and all the market closing numbers you selectively cherry pick I'd be broke.

[This message has been edited by Phranc (edited 09-21-2007).]

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Report this Post09-21-2007 11:19 AM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Skanc The Troll:
Poor stupid bill. Do you even understand whats so funny about that?



Whatever... I'll send you a gold star.
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Report this Post09-25-2007 07:26 AM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
Dow....... -61.13 -0.44% 13,759.06
NASDAQ. -3.27 -0.12% 2,667.95
S&P....... -8.02 -0.53% 1,517.73

Belgium Bel 20 -57.11 -1.33% 4,252.83 9/25 1:08pm
Europe DJ Stoxx -43.34 -1.13% 3,776.59 9/25 1:08pm
Europe Euronext 100 -9.72 -0.96% 1,000.51 9/25 1:08pm
Europe Euronext 150 -19.94 -1.07% 1,836.66 9/25 1:08pm
France CAC -59.92 -1.05% 5,632.57 9/25 1:08pm
France SBF 80 -56.30 -0.84% 6,627.23 9/25 1:08pm
France SBF 120 -42.34 -1.02% 4,096.18 9/25 1:08pm
Germany DAX -53.90 -0.69% 7,734.02 9/25 1:08pm
Germany MDAX -188.43 -1.81% 10,219.49 9/25 1:08pm
Germany TECDAX -7.68 -0.81% 936.82 9/25 1:08pm
Netherlands AEX -6.26 -1.16% 535.37 9/25 1:08pm
Norway BRIX +1.70 +0.04% 3,805.80 9/24 12:00am
Norway OSE Industry -3.42 -0.20% 441.69 9/25 1:08pm
Sweden OMX -14.04 -1.16% 1,198.50 9/24 12:00am
Sweden OMSX All Share -3.80 -0.98% 385.49 9/24 12:00am
UK FTSE 100 -64.90 -1.00% 6,401.00 9/25 12:08pm
UK FTSE All Shares -34.46 -1.04% 3,283.08 9/25 12:08pm
UK FTSE Eurotop -37.23 -1.15% 3,207.02 9/25 12:08pm
UK FTSE Techmark -6.26 -0.37% 1,675.99 9/25 12:08pm


Consumer woes hit Wall Street
Recession flag raised after two big retailers lower forecasts; reports on consumer confidence, existing home sales due.

[This message has been edited by 84Bill (edited 09-25-2007).]

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Report this Post09-25-2007 02:54 PM Click Here to See the Profile for fierobearSend a Private Message to fierobearEdit/Delete MessageReply w/QuoteDirect Link to This Post
Good news for some...

Government cheese shipments remain secure, plentiful and on time.
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Report this Post09-25-2007 03:20 PM Click Here to See the Profile for Red88FFSend a Private Message to Red88FFEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by fierobear:

Good news for some...

Government cheese shipments remain secure, plentiful and on time.


Hahahahah, the market is pretty much back where it was before it fell and caused this undying thread! heh
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Report this Post09-25-2007 03:52 PM Click Here to See the Profile for madcurlSend a Private Message to madcurlEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by madcurl:

Cisco System (csco) is down a couple of bucks, but up from $13 bucks when I got in, hehe. With Bush and Europe on the tube...Hold on ladies, its going to be a bumpy ride.


CSCO nearly $33 bucks! Go baby Go!!! LFC is on a roll @ 81 and change. Not bad if you purchase the stock @25 bucks and right before the 2-1 split in Aug @61 bucks. Buy on the dip and ride it upwards!
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Report this Post09-25-2007 07:21 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
Day 4: Dollar dips to new low against euro
Dollar hits record low for the fourth consecutive day after troubling consumer confidence, home sales reports; interest rate speculation.
September 25 2007: 5:01 PM EDT
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Report this Post09-25-2007 07:22 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post

84Bill

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Impact of GM strike set to spread
Thousand of non-GM workers are already off the job and millions of supplier jobs could be affected if strike drags on; UAW and GM back at table on day 2 of strike.
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Report this Post09-25-2007 10:40 PM Click Here to See the Profile for ditchSend a Private Message to ditchEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Red88FF:


Actually there have been many very good posts in this thread. In fact a couple of thirteen pages of it. Not that any of the chicken little's will ever believe things are doing well. Just look at who the doom criers are and it becomes crystal clear, It's always the little guy who can't afford it getting screwed by,,, well,,,,the rest of us that are still doing well because we do instead of complain and read things before we sign and do not live beyond our means.



I agree, many good posts. Unfortunately, not TOO many good posts. You can make anything look bad if you argue it from the right angle. That is what I see going on here.

If I got my financial advice from some of the posters here, I would cash out and run screaming from the market. Of course, I listen to the right people for my advice, so there is no need to listen to those who cry wolf.

Want this economy to truely be in the dumps?...Make the investors feel half as negative as some of the uneducated people here and it will surely happen. Way too many uninformed opinions here

[This message has been edited by ditch (edited 09-25-2007).]

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Report this Post09-25-2007 11:31 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
the economy is based on money and that money needs to circulate not just at the top but at the bottom.

This country is eating too much sweet money and is gaining way too much fat around the upper body and particularly in the area where the brain is housed and the legs are beginning to atrophy from a lack of free exercise.

Sure, an injection here and there will help... but it's not the solution when the body needs to work together as a whole instead of certin parts being neglected, taxed more and given less and less.
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Report this Post10-01-2007 04:03 PM Click Here to See the Profile for PhrancSend a Private Message to PhrancEdit/Delete MessageReply w/QuoteDirect Link to This Post
DOW back up above 14000 its the end of the world doom and gloom DOOM AND GLOOM !!!
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Report this Post10-01-2007 05:49 PM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
More banks could join the red-flag parade
After warnings by Citi and UBS, JPMorgan and others could follow with bad news of their own, though retail banking could lessen the pain.
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Report this Post10-01-2007 09:28 PM Click Here to See the Profile for fierobearSend a Private Message to fierobearEdit/Delete MessageReply w/QuoteDirect Link to This Post

Dow tops 14,000, hits record
Wall Street starts off fourth quarter with a bang, sending the blue-chip leader to all-time closing and intraday highs.


NEW YORK (CNNMoney.com) -- Stocks rallied Monday, with the Dow closing at an all-time high on bets that the big banks are starting to put the worst behind them - and on hopes that the Federal Reserve will continue cutting interest rates.

The Dow Jones industrial average (Charts) added nearly 192 points to end at an all-time high of 14,087.55. Earlier in the session, the Dow had hit 14,115.51, a new record intraday high. The previous intraday high was 14,021.95 from July 19.

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ditch
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Report this Post10-01-2007 09:53 PM Click Here to See the Profile for ditchSend a Private Message to ditchEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by fierobear:


Dow tops 14,000, hits record
Wall Street starts off fourth quarter with a bang, sending the blue-chip leader to all-time closing and intraday highs.


NEW YORK (CNNMoney.com) -- Stocks rallied Monday, with the Dow closing at an all-time high on bets that the big banks are starting to put the worst behind them - and on hopes that the Federal Reserve will continue cutting interest rates.

The Dow Jones industrial average (Charts) added nearly 192 points to end at an all-time high of 14,087.55. Earlier in the session, the Dow had hit 14,115.51, a new record intraday high. The previous intraday high was 14,021.95 from July 19.


dammit!!! this is a doomsday thread....please oh please only post negative things

thank you
Dave
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fierobear
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Report this Post10-01-2007 11:55 PM Click Here to See the Profile for fierobearSend a Private Message to fierobearEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by ditch:


dammit!!! this is a doomsday thread....please oh please only post negative things

thank you
Dave


OK. Tell me if this is better...

84Bill at work...



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ditch
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Report this Post10-02-2007 12:13 AM Click Here to See the Profile for ditchSend a Private Message to ditchEdit/Delete MessageReply w/QuoteDirect Link to This Post
...bring out your dead....ding, ding, ding.....bring out your dead......
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84Bill
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Report this Post10-02-2007 07:15 AM Click Here to See the Profile for 84BillClick Here to visit 84Bill's HomePageSend a Private Message to 84BillEdit/Delete MessageReply w/QuoteDirect Link to This Post
When Fed ignorance isn't bliss
The machinery for creating credit has gotten so complicated and powerful in recent years that not even the Fed may know what it's doing, writes bond expert Bill Gross in Fortune.


Oh and BTW.
Had the fed not released a few Billion into the banking system AND lowered the ST lending rate you guys would be singing a different tune right now...
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Report this Post10-02-2007 07:38 AM Click Here to See the Profile for jstrickerSend a Private Message to jstrickerEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by 84Bill:

Oh and BTW.
Had the fed not released a few Billion into the banking system AND lowered the ST lending rate you guys would be singing a different tune right now...


But they did, didn't they? So you're still singing the same (wrong) tune.

BTW, Bill, Who founded CNN? Who's still involved in it's management (although it's actually Time-Warner/AOL now)?

Ted Turner. If you've ever, ever watched CNN you know they are extremely left leaning, as much or more than Fox is right leaning. You don't suppose that maybe, just maybe, their articles on doom and gloom in the economy MIGHT be slanted a bit to help Democratic candidates, now do you?

Look at it another way, if I was posting the same type of stuff from Fox News, except showing the economy to be good, would you accept that at face value or would you claim that it could be at best slanted and at worst biased?

Think about it.

John Stricker


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