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Author Topic: Will the Dow Jones break a record today?  (Read 684 times)

Offline Ripsnort

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Will the Dow Jones break a record today?
« on: September 28, 2006, 08:48:56 AM »
??
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Offline lasersailor184

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Will the Dow Jones break a record today?
« Reply #1 on: September 28, 2006, 09:01:53 AM »
Of course not.  The economy is in shambles, as is this country.
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Offline T0J0

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Will the Dow Jones break a record today?
« Reply #2 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...
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Offline Yeager

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Will the Dow Jones break a record today?
« Reply #3 on: September 28, 2006, 10:12:07 AM »
Im selling my 42 freebie shares today so it had better top $80
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Offline Eagler

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Will the Dow Jones break a record today?
« Reply #4 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
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Offline Sixpence

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Will the Dow Jones break a record today?
« Reply #5 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
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Offline Debonair

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Will the Dow Jones break a record today?
« Reply #6 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...
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Offline FUNKED1

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Will the Dow Jones break a record today?
« Reply #7 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.
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Offline john9001

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Will the Dow Jones break a record today?
« Reply #8 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.
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Offline Eagler

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Will the Dow Jones break a record today?
« Reply #9 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 ...
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Offline FUNKED1

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Will the Dow Jones break a record today?
« Reply #10 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
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Offline Toad

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Will the Dow Jones break a record today?
« Reply #11 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.

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Offline Thrawn

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Will the Dow Jones break a record today?
« Reply #12 on: September 28, 2006, 09:45:26 PM »
That graph doesn't account for personal or trade debt.
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Offline Stringer

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Will the Dow Jones break a record today?
« Reply #13 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.
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Offline Eagler

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Will the Dow Jones break a record today?
« Reply #14 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
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