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Thread: Stock Market

  1. #141
    Senior Member Richard Halstead's Avatar
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    Intel is up 19.7% since the 3/02 low not sure if they will retest that low, but for now I will keep going.
    cave canem...beware of the dog
    Richard Halstead (halst001 at yahoo.com)

    http://www.browndogmafia.com/finalists.html

  2. #142
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    I wouldn't get to excited yet....prolly just a dead cat bounce.

  3. #143
    Senior Member Franco's Avatar
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    Quote Originally Posted by Patrick Johndrow View Post

    I wouldn't get to excited yet....prolly just a dead cat bounce.
    The big money mangers know how to play the game. They make it look like the worse is behind us, get us common folks to feeling better. They start buying stock with a small percentage of thier credit/cash. Prices go up a little more, people buy, then the huge money mangers/investors sell taking their profits at the expense of the smaller investors.
    Last edited by Franco; 03-23-2009 at 07:42 PM.
    It's such a shame that in the USA, defending Liberty has become such a heroic deed.

  4. #144
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    Quote Originally Posted by Mr Booty View Post
    The big money mangers know how to play the game. They make it look like the worse is behind us, get us common folks to feeling better. They start buying stock with a small percentage of thier credit/cash. Prices go up a little more, people buy, then the huge money mangers/investors sell taking their profits at the expense of the smaller investors.
    That is why I think this is just a dead cat bounce...get excited...get back in just in time to get run over AGAIN

    Beware the Bear in Bull clothing.

  5. #145
    Senior Member kjrice's Avatar
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    Quote Originally Posted by Patrick Johndrow View Post
    That is why I think this is just a dead cat bounce...get excited...get back in just in time to get run over AGAIN

    Beware the Bear in Bull clothing.
    Nailed it!
    The problems of today cannot be solved the with same of thinking that created them.

  6. #146
    Senior Member YardleyLabs's Avatar
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    After watching the market close today, I decided to crunch a few numbers out of interest comparing the market under Bush and Obama. I used yesterday's close so the results do not reflect today's gain for Obama or the similar gain under Bush.

    From inauguration to March 25:

    Bush: DOW lost 925 points or 8.7%
    Obama: DOW lost 199 points or 2.5%

    From election (say Nov 1) to March 25

    Bush: DOW lost 1130 points or 10.4%
    Obama: DOW lost 1576 points or 16.9%

    From Inauguration to end of presidency (Bush)

    Bush (8 years): DOW lost 2839 points or 26.9%
    Obama: Jury still out.
    Last edited by YardleyLabs; 03-26-2009 at 04:10 PM.

  7. #147
    Senior Member Franco's Avatar
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    Quote Originally Posted by YardleyLabs View Post

    rom inauguration to March 25:

    Bush: DOW lost 925 points or 8.7%
    Obama: DOW lost 199 points or 2.5%

    From election (say Nov 1) to March 25

    Bush: DOW lost 1130 points or 10.4%
    Obama: DOW lost 1576 points or 16.9%

    From Inauguration to end of presidency (Bush)

    Bush (8 years): DOW lost 2839 points or 26.9%
    Obama: Jury still out.
    One can blame Bush for many failures but not the market in 2,000. The Tech Crash of 2,000 was about over-valued tech stocks. Though most of the Tech stocks were on NASDQ, it had a big impact on the NYSE. The selling began in March 2,000 and lasted the rest of the year.
    It's such a shame that in the USA, defending Liberty has become such a heroic deed.

  8. #148
    Senior Member YardleyLabs's Avatar
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    Quote Originally Posted by Mr Booty View Post
    One can blame Bush for many failures but not the market in 2,000. The Tech Crash of 2,000 was about over-valued tech stocks. Though most of the Tech stocks were on NASDQ, it had a big impact on the NYSE. The selling began in March 2,000 and lasted the rest of the year.
    I actually didn't blame him for anything. I don't believe that Bush was responsible for the Clinton recession that he inherited any more than Obama is responsible for the Bush recession that he inherited.

  9. #149
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    Quote Originally Posted by YardleyLabs View Post

    From inauguration to March 25:

    Bush: DOW lost 925 points or 8.7%
    Obama: DOW lost 199 points or 2.5%

    [
    numbers are a bit off there aren't they jeff?

  10. #150
    Senior Member YardleyLabs's Avatar
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    Quote Originally Posted by eildydar View Post
    numbers are a bit off there aren't they jeff?
    Not according to Yahoo. Did I make a mistake (it's always possible)? When I just went back and checked, I actually credited Bush with the large rise in the DOW on 3/26 but did not credit Obama with the large rise today. The actual numbers look a lot better for Obama with a loss of only 24 points, or 0.3%. If you're surprised, so was I.

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