Skink
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Thu Mar-05-09 09:38 PM
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Now that hundred point swings in the dow are relevent again 65 good or bad?:scared:
:beer: Market Update INDU 6,594.44 -281.40 SPX 682.55 -30.32 NASDAQ 1,299.59 -54.15 RUT 349.45 -21.85 DJT 2,241.43 -164.29 DJU 296.26 -11.09 Terms of use © BigCharts
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The_Casual_Observer
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Thu Mar-05-09 09:45 PM
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1. It's pretty bad if you invested at 14,000. |
Skink
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Thu Mar-05-09 09:49 PM
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2. Tell me about it the S&P was near it's highs in 99 when I started an IRA. |
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But atleast now in 401k's it is worth investing heavily in growth funds while moving money to bonds.
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The_Casual_Observer
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Thu Mar-05-09 09:52 PM
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3. That's a good way of looking at it, since it hasn't very much left to fall |
sendero
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Thu Mar-05-09 10:11 PM
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... coming to an index near you, and soon.
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Skink
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Thu Mar-05-09 10:20 PM
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5. For 5000 Brokaw better be doin the news. |
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He... Brokaw, scared a whole generation unjustly about social security so he could fufill his contract.
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GoesTo11
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Fri Mar-06-09 12:38 AM
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6. Could become Dow 650 or Dow 65 |
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Stock prices don't mean anything anymore, because all companies are going to have zero profits. So these prices are now nothing more than a social construct. The good news is that Dow could be worth 14000 again too - that was surely a social construct.
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DU
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Sun May 05th 2024, 09:30 AM
Response to Original message |