Dow back up above 11,000 - Mercedes-Benz Forum

Reply
 
LinkBack Thread Tools Display Modes
post #1 of 118 (permalink) Old 07-16-2008, 03:04 PM Thread Starter
Will Moderate For Cigars
 
cmitch's Avatar
 
Date registered: Apr 2005
Vehicle: 2002 ML320, 2005 S430 4MATIC, 2010 F150 Crew Cab
Location: City on the TN River
Posts: 10,758
Mentioned: 3 Post(s)
Quoted: 226 Post(s)
Lifetime Premium Member
(Thread Starter)
Dow back up above 11,000

Well, it seems that it has gained, today more than 270 points to settle at 11,239.28. But, it could be down tomorrow and up again Friday and then down again Monday. Plus, we've seen oil slip, again, but oil needs to slip a whole lot more.

My observation: The market can tumble below 11,000 and you'll see a negative post about it. But, if it regains a little ground, (in this case 276 points), it hardly is noticed.

My conclusion: Negativity rules, Brother! Forbid anything positive happens!

2005 S430 4Matic 'Morton' W220.183 • 722.671 Rest in Peace

Bells and whistles are thorns and thistles.

Last edited by cmitch; 07-16-2008 at 03:06 PM.
cmitch is offline  
Sponsored Links
Advertisement
 
post #2 of 118 (permalink) Old 07-16-2008, 03:16 PM
DP
Moderator
 
DP's Avatar
 
Date registered: Aug 2002
Vehicle: 190E, 400E, SLK350
Location: Chesapeak Bay
Posts: 64,292
Mentioned: 2 Post(s)
Quoted: 1067 Post(s)
Lifetime Premium Member
I made a killing on ETFC today. I bought some yesterday then I sold it all at closing
DP is offline  
post #3 of 118 (permalink) Old 07-16-2008, 07:04 PM
BenzWorld Elite
 
mcbear's Avatar
 
Date registered: Apr 2004
Vehicle: E500Es
Location: The BlueGrass State
Posts: 29,579
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
The negatives usually come from discussions of the fundamentals, not the stock market. Only time that is in play is when we discuss just how much it has dropped in a given timeframe. In this case 3200 in nine months. Hard to get excited when the DOW has lost 24% of its total value in 9 months. To put it in perspective, it has to gain 30% off yesterday to BREAK EVEN. One day means nothing [even a very good day like today].





.

McBear,
Kentucky

Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
mcbear is offline  
post #4 of 118 (permalink) Old 07-16-2008, 07:42 PM
Surely A Large Human
 
Qubes's Avatar
 
Date registered: Jun 2006
Vehicle: '08 C219
Location: Between Earth and Mars
Posts: 34,613
Mentioned: 5 Post(s)
Quoted: 640 Post(s)
Lifetime Premium Member
CM's just pissed that he still has to wait 5 or 6 months before he can start fishing for Kings.
Qubes is offline  
post #5 of 118 (permalink) Old 07-17-2008, 05:04 AM
Membership withdrawn by request
 
Von Vorschlag's Avatar
 
Date registered: Apr 2006
Vehicle: A red Vimana
Location: the pale blue dot
Posts: 19,563
Mentioned: 1 Post(s)
Quoted: 1122 Post(s)
Industrial metals and weapon systems are treating me just fine, but I always looking for more copper BTW.
Von Vorschlag is offline  
post #6 of 118 (permalink) Old 07-17-2008, 08:09 AM
~BANNED~
 
benz rider's Avatar
 
Date registered: May 2006
Vehicle: 97'C280
Location: Texas
Posts: 3,184
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
As Hulk Hogan would say - "Brother!"
benz rider is offline  
post #7 of 118 (permalink) Old 07-17-2008, 08:48 AM Thread Starter
Will Moderate For Cigars
 
cmitch's Avatar
 
Date registered: Apr 2005
Vehicle: 2002 ML320, 2005 S430 4MATIC, 2010 F150 Crew Cab
Location: City on the TN River
Posts: 10,758
Mentioned: 3 Post(s)
Quoted: 226 Post(s)
Lifetime Premium Member
(Thread Starter)
Quote:
Originally Posted by No Photo Homo View Post
CM's just pissed that he still has to wait 5 or 6 months before he can start fishing for Kings.
Hey, you have to admit. Crabs are king unless they're in your crotch.

2005 S430 4Matic 'Morton' W220.183 • 722.671 Rest in Peace

Bells and whistles are thorns and thistles.
cmitch is offline  
post #8 of 118 (permalink) Old 07-17-2008, 08:53 AM Thread Starter
Will Moderate For Cigars
 
cmitch's Avatar
 
Date registered: Apr 2005
Vehicle: 2002 ML320, 2005 S430 4MATIC, 2010 F150 Crew Cab
Location: City on the TN River
Posts: 10,758
Mentioned: 3 Post(s)
Quoted: 226 Post(s)
Lifetime Premium Member
(Thread Starter)
Quote:
Originally Posted by mcbear View Post
The negatives usually come from discussions of the fundamentals, not the stock market. Only time that is in play is when we discuss just how much it has dropped in a given timeframe. In this case 3200 in nine months. Hard to get excited when the DOW has lost 24% of its total value in 9 months. To put it in perspective, it has to gain 30% off yesterday to BREAK EVEN. One day means nothing [even a very good day like today].





.
I think you missed my point. No one cares to mention a positive about a near 300 point INCREASE in the DOW, just when it loses, it's talked about. I'm fully aware of the fickleness of the stock market and it's ability to turn one's portfolio into a sack of turds. But a one day gain of 2.5 % may not be enough to get 'excited' about, it sure heals some painful wounds after watching a 2 month free fall.

2005 S430 4Matic 'Morton' W220.183 • 722.671 Rest in Peace

Bells and whistles are thorns and thistles.
cmitch is offline  
post #9 of 118 (permalink) Old 07-17-2008, 09:00 AM
~BANNED~
 
Jakarta Expat's Avatar
 
Date registered: Aug 2006
Vehicle: PM me to Join the Expat Muslims for Obama Club........
Location: Jakarta, Indonesia
Posts: 17,697
Mentioned: 0 Post(s)
Quoted: 4 Post(s)
Quote:
Originally Posted by cmitch View Post
Hey, you have to admit. Crabs are king unless they're in your crotch.

Jakarta Expat is offline  
post #10 of 118 (permalink) Old 07-17-2008, 09:16 AM
Surely A Large Human
 
Qubes's Avatar
 
Date registered: Jun 2006
Vehicle: '08 C219
Location: Between Earth and Mars
Posts: 34,613
Mentioned: 5 Post(s)
Quoted: 640 Post(s)
Lifetime Premium Member
Quote:
Originally Posted by cmitch View Post
Hey, you have to admit. Crabs are king unless they're in your crotch.
No photo homo...what?? Do I have to be from Alabama or have fucked a catfish to understand that?
Qubes is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Topic Author Forum Replies Last Post
DOW drops below 11,000 FeelTheLove Off-Topic 6 07-15-2008 10:45 AM
Dow Theory: Is the Bull back? Jayhawk Off-Topic 44 04-25-2008 06:38 PM
Back from my 5,000 mile venture out East! ALephart R170 SLK-Class 4 10-09-2007 11:16 AM
G500 factory Buy Back after 40,000+ miles smalk G-Class 5 10-10-2005 10:16 PM
Oil hits 61 a barrell, DOW heads back to 9,000, jobs report shows massive cuts, so what else is new FeelTheLove Off-Topic 8 07-09-2005 09:47 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 

Title goes here

close
video goes here
description goes here. Read Full Story
For the best viewing experience please update your browser to Google Chrome