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Interesting Stock chart
- Thread starter Expensive Date
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R
RUNNINTHERIVER
Guest
Surely it makes anyone thinking of investing in anything to take a second look.
Especially if the investment has anything to do with the boating industry.
Ratickle
Founding Member / Super Moderator
One of the things that is currently bothering me, they are making a big deal about how close to 10,000 the Dow is (Obama's great intervention). But it was over 10,000 10 years ago. And since that time, they have removed several losers and added what was expected to be real big growth companies.
LaughingCat
New member
Chart shows the Great Depression compared to current recession. Problem is, we are not, have not been and most likely will not be, in a Great Depression 2.0. We need to be in a Great Depression for the correlation to exist. Otherwise, it's two squiggly lines juxtaposed.
I cannot assure anyone we will not go into GD 2.0. But it is highly unlikely. We could see a massive correction or a nice rise from here. Each investor should exercise their own due diligence and accept the risks they take.
I cannot assure anyone we will not go into GD 2.0. But it is highly unlikely. We could see a massive correction or a nice rise from here. Each investor should exercise their own due diligence and accept the risks they take.
Ratickle
Founding Member / Super Moderator
Not sure where we currently are, but it's tough when our graduates are going to China to get jobs. And they have almost 8% growth with a piddly $600 billion stimulous total.....
China's job market has been propped up by Beijing's 4 trillion yuan ($586 billion) stimulus, which helped to boost growth to 7.9 percent from a year earlier in the quarter that ended June 30, up from 6.1 percent the previous quarter.
We spend 2 trillion and get a negative growth spurt.....
http://www.msnbc.msn.com/id/32937628/ns/business-world_business/
And whether you call it a depression or a very severe recession, the amount of money and wealth that disappeared so far this time is far greater than the entire depression over it's complete course. Even after adjustments for inflation.
China's job market has been propped up by Beijing's 4 trillion yuan ($586 billion) stimulus, which helped to boost growth to 7.9 percent from a year earlier in the quarter that ended June 30, up from 6.1 percent the previous quarter.
We spend 2 trillion and get a negative growth spurt.....
http://www.msnbc.msn.com/id/32937628/ns/business-world_business/
And whether you call it a depression or a very severe recession, the amount of money and wealth that disappeared so far this time is far greater than the entire depression over it's complete course. Even after adjustments for inflation.
LaughingCat
New member
Does that mean Capitalism = Depression and Socialist Communism = Prosperity?
:sifone:
Ratickle
Founding Member / Super Moderator
I think it means we gave all the money to the bastages who caused the initial issues with this mess.:boxing_smiley:
LaughingCat
New member
You are correct. but they didn't steal it from us. They walked right out the front door, with a wheel barrow of plunder and we held the door for them and said "thank you."
At issue is the fact that many people are worried about a missle shield in the East to defend against those worry-some russians (who are no longer Communist) yet we savor the idea of doing negative cash-flow business with the largest Communist nation in the world.
Hypocracy at its best.
Ratickle
Founding Member / Super Moderator
)
LaughingCat
New member
That makes two of us.
Expensive Date
New member
Did not post before but did anyone notice that the DOW closed at
9065.51 On Sept. 11 2001
And on
9065.41 On Sept. 11 2009
As for the chart was for discussion only but it is interesting and I believe the market has a better likelihood of going down 500 pts Rather than going up.At present time.
9065.51 On Sept. 11 2001
And on
9065.41 On Sept. 11 2009
As for the chart was for discussion only but it is interesting and I believe the market has a better likelihood of going down 500 pts Rather than going up.At present time.
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