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General Forums => The O' Club => Topic started by: Ripsnort on September 28, 2006, 08:48:56 AM

Title: Will the Dow Jones break a record today?
Post by: Ripsnort on September 28, 2006, 08:48:56 AM
??
Title: Will the Dow Jones break a record today?
Post by: lasersailor184 on September 28, 2006, 09:01:53 AM
Of course not.  The economy is in shambles, as is this country.
Title: Will the Dow Jones break a record today?
Post by: T0J0 on September 28, 2006, 09:14:25 AM
When the economy is actually bad you will know based on one simple indicator...

The kid next door asks if he can mow your lawn and is willing to do it for less then $30 an hour...
Title: Will the Dow Jones break a record today?
Post by: Yeager on September 28, 2006, 10:12:07 AM
Im selling my 42 freebie shares today so it had better top $80
Title: Will the Dow Jones break a record today?
Post by: Eagler on September 28, 2006, 10:13:42 AM
nice steady growth, no bubble AND able to fight global terrorism - what a difference from the 90's. whoever takes over in 08 best shake GW's hand as they'll have it made
Title: Will the Dow Jones break a record today?
Post by: Sixpence on September 28, 2006, 12:24:00 PM
Quote
Originally posted by Eagler
nice steady growth, no bubble AND able to fight global terrorism - what a difference from the 90's. whoever takes over in 08 best shake GW's hand as they'll have it made


yeah, too bad we've been doing it with a credit card
Title: Will the Dow Jones break a record today?
Post by: Debonair on September 28, 2006, 12:29:39 PM
Quote
Originally posted by T0J0
When the economy is actually bad you will know based on one simple indicator...

The kid next door asks if he can mow your lawn and is willing to do it for less then $30 an hour...


mexico is next door...
Title: Will the Dow Jones break a record today?
Post by: FUNKED1 on September 28, 2006, 01:47:55 PM
Quote
Originally posted by Sixpence
yeah, too bad we've been doing it with a credit card


Exactly.  It's like making $50k a year in salary, running up $25k on your credit cards, and claiming you made $75k.  House of cards.
Title: Will the Dow Jones break a record today?
Post by: john9001 on September 28, 2006, 01:56:18 PM
Quote
Originally posted by FUNKED1
Exactly.  It's like making $50k a year in salary, running up $25k on your credit cards, and claiming you made $75k.  House of cards.


funky, really, you need credit counseling, your spending is out of control.
Title: Will the Dow Jones break a record today?
Post by: Eagler on September 28, 2006, 02:02:28 PM
Quote
Originally posted by FUNKED1
Exactly.  It's like making $50k a year in salary, running up $25k on your credit cards, and claiming you made $75k.  House of cards.


my oldest has done just that ... the fool.
now he is broke and moved back in about 3 months ago .. sad thing is I still don't think he gets it ... I guess it is a generation thing.
my mastercard gets paid off monthly. If I can't cover it at months end, I don't buy it.

the difference with the credit bubble and the 90's bubble is that the burst is in your hands not some intertard company ...
Title: Will the Dow Jones break a record today?
Post by: FUNKED1 on September 28, 2006, 06:34:56 PM
Quote
Originally posted by john9001
funky, really, you need credit counseling, your spending is out of control.


BTDT :D
Title: Will the Dow Jones break a record today?
Post by: Toad on September 28, 2006, 07:11:35 PM
Quote
Originally posted by FUNKED1
BTDT :D


So has the US. You survived; so did/will the US

This is National Debt as a percentage of GDP.

(http://zfacts.com/metaPage/lib/National-Debt-GDP.gif)
Title: Will the Dow Jones break a record today?
Post by: Thrawn on September 28, 2006, 09:45:26 PM
That graph doesn't account for personal or trade debt.
Title: Will the Dow Jones break a record today?
Post by: Stringer on September 28, 2006, 10:21:49 PM
Quote
Originally posted by Eagler

the difference with the credit bubble and the 90's bubble is that the burst is in your hands not some intertard company ...


Eagler,
Read "The World is Flat" if you haven't already.  It gives some interesting insight into how that intertardnet bubble is still paying dividends today.
Title: Will the Dow Jones break a record today?
Post by: Eagler on September 28, 2006, 10:32:16 PM
yes, it has made a rebound in many areas since but not before alot of ppl lost alot of money
Title: Will the Dow Jones break a record today?
Post by: Ripsnort on October 18, 2006, 11:11:02 AM
It not only broke the record, but its 10 points from being 12k today! Sucks for those of us who want to buy low, sell high...:( I'm still 13 years from retirement! Please plunge to 9000 so I can buy cheaper stock! :)

My thoughts about an election coming up and the Dow being peaked...is that there are alot of democrats looking at the Dow rise and feeling like this...(http://plaz.net/plaz/burningman.gif)
Title: Will the Dow Jones break a record today?
Post by: airspro on October 18, 2006, 02:59:23 PM
U might think that the Dow is "reading ahead" and seeing the change at the elections ;)

Did you really think the Clinton years was bad for your IRA's , 401k's etc ?
Title: Will the Dow Jones break a record today?
Post by: Ripsnort on July 19, 2007, 04:36:44 PM
How Now Dow Cow?

14,000!!
Title: Will the Dow Jones break a record today?
Post by: bj229r on July 19, 2007, 10:20:14 PM
Has ANY time in (economic) history been better than the last 4 years? Deficit estimates went from some 400 billion to 200 billion, all from to increased TAX revenues, due to the economy. (Remember the "How are we gonna PAY for the tax cuts" mantra by the news lefties?)  Unemployment historically low, inflation low, wages increasing.... however EVERY newscast manages to inset a "BUT" in there, followed by dire forecasts from some puke
Title: Will the Dow Jones break a record today?
Post by: DREDIOCK on July 19, 2007, 11:27:20 PM
Quote
Originally posted by airspro
U might think that the Dow is "reading ahead" and seeing the change at the elections ;)

Did you really think the Clinton years was bad for your IRA's , 401k's etc ?


Maybe he doesnt but I seem tro remember alot of people loosing all their stuff from the bubble pop
Title: Will the Dow Jones break a record today?
Post by: T0J0 on July 20, 2007, 04:29:20 AM
I can't even get a mexican to mow my lawn for under $50, but a brazillian fresh off the trail said he might if I provide the gas.

My daughter  complained she couldn't afford to eat out 3 meals a day, I recommended she get a second job and stop whining, but to her its Bush's fault
.
Title: Will the Dow Jones break a record today?
Post by: Nilsen on July 20, 2007, 04:43:41 AM
I am more than happy to wave good bye to the tax benefit of not owing money.
If i dont have the money in the bank, i dont buy it. It means that i have not always been able to buy what i want like my friends, but now im 32 and has not owed anyone any money since 1998.

Sadly i see so many around me owing alot of money and it does not seem to bother them. Its not just in america that alot of people have huge debts to creditcards and has huge house/car loans.