Nimrod2005
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 02:08 PM
Original message |
Gold at $610, Oil at $71, and interest rates are rising FAST |
|
Can a smart person please explain why the stock market is wanting to go up 200 points today?
This is crazy stuff I have never seen...
|
tridim
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 02:11 PM
Response to Original message |
1. The stock market is fake |
|
A sucker's bet unless you're lucky enough to be on the inside.
Needless to say, I don't have any money in the stock market. I pulled it all out when Enron happened.
|
Nimrod2005
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 02:13 PM
Response to Reply #1 |
2. I guess you haven't missed much, just less stress in your daily |
KAT119
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 05:00 PM
Response to Reply #1 |
6. The WH has Goldman Sachs keep the Mkt.#'s HIGH for "National Secutity". |
|
An article appeared on Yahoo News last year from a Canadian Financial firm- Sprott.com that exposed this immoral behaviour and the totally unfair advantage Goldman Sachs has in their investments. Goldman leads the pack on profits among the financial houses. Yes, the stock market is manipulated, and like ALL the other numbers coming out of this WH/Gov't. it is FAKE ! !
|
Warpy
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 05:20 PM
Response to Reply #1 |
7. My pop saw a 60% increase in his stock portfolio |
|
over the past 5 years when the market has been essentially flat.
It's still possible to make money in the market. It's just not automatic like it was in the 90s.
|
Sammy Pepys
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 02:38 PM
Response to Original message |
|
...the Fed is mumbling about ending the rate hikes.
|
rkc3
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 02:46 PM
Response to Reply #3 |
|
The lone reason to celebrate.
|
eggplant
(395 posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 03:21 PM
Response to Original message |
5. thank goodness I got out of the game. |
|
I'm down to a fixed rate mortgage, and an untapped fixed rate equity line. Never again will I bend over for the credit card companies.
If we keep going the way we are, I'll be able to invest my equity line in 6 month CDs at a profit.
|
sendero
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-18-06 06:49 PM
Response to Reply #5 |
|
... you are definitely on the right track! And welcome to DU :)
|
DU
AdBot (1000+ posts) |
Wed May 01st 2024, 12:08 AM
Response to Original message |