DOW Closes UP nearly 1,000 points!!! - Page 3 - Mercedes-Benz Forum

Reply
 
LinkBack Thread Tools Display Modes
post #21 of 128 (permalink) Old 10-14-2008, 09:58 AM Thread Starter
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
Quote:
Originally Posted by eric242340 View Post
And the reason is?
Among many other reasons, the most recent example of his idiocy was his endorsement of Obambi! Volker endorsed Obama because he is the most ignorant of what's actually going on. And Volker wants an idiot, not a President in the WH!

Don't believe everything you think
Jayhawk is offline  
Sponsored Links
Advertisement
 
post #22 of 128 (permalink) Old 10-14-2008, 09:58 AM
BenzWorld Elite
 
elau's Avatar
 
Date registered: Oct 2002
Location: Maryland
Posts: 5,392
Mentioned: 0 Post(s)
Quoted: 4 Post(s)
The higher it goes, the harder it falls.

We are only seeing the tip of the iceberg. Wait till the start of the consumer credit card debt crisis. I am not a nay sayer, just want to prepare when shit hits the fan. Never my style to go around celebrating phantom gains.

'95 R129
'04 G35.5 BS
'10 X204
elau is offline  
post #23 of 128 (permalink) Old 10-14-2008, 10:02 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: 3 Post(s)
Quote:
Originally Posted by elau View Post
The higher it goes, the harder it falls.

We are only seeing the tip of the iceberg. Wait till the start of the consumer credit card debt crisis. I am not a nay sayer, just want to prepare when shit hits the fan. Never my style to go around celebrating phantom gains.

And Jay is already laying the fault of this on Obama as the new POTUS.........
Jakarta Expat is offline  
post #24 of 128 (permalink) Old 10-14-2008, 10:03 AM
BenzWorld Elite
 
FeelTheLove's Avatar
 
Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Posts: 28,829
Mentioned: 0 Post(s)
Quoted: 8 Post(s)
ha ha Jayhawk McCain introduces his "economic plan" and the market tanks. You are such a fucking moron.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
FeelTheLove is offline  
post #25 of 128 (permalink) Old 10-14-2008, 10:07 AM
Outstanding Contributor
 
eric242340's Avatar
 
Date registered: May 2007
Vehicle: Zotye Auto 1.5T T600 2016
Location: The wild west of the Far East
Posts: 52,163
Mentioned: 3 Post(s)
Quoted: 291 Post(s)
Quote:
Originally Posted by FeelTheLove View Post
ha ha Jayhawk McCain introduces his "economic plan" and the market tanks. You are such a fucking moron.
Your sig may have a meaning here;

During times of universal deceit, telling the truth becomes a revolutionary act.

-George Orwell

ERIC.

___________________________________________
"I am enclosing two tickets to the first night of my new play; bring a friend, if you have one."
- George Bernard Shaw to Winston Churchill.

"Cannot possibly attend first night, will attend second ... if there is one."
- Winston Churchill, in response.
eric242340 is offline  
post #26 of 128 (permalink) Old 10-14-2008, 02:28 PM
BenzWorld Elite
 
elau's Avatar
 
Date registered: Oct 2002
Location: Maryland
Posts: 5,392
Mentioned: 0 Post(s)
Quoted: 4 Post(s)
It's not even 8 hours and the market already crashing. I bet you the ink is not even dried on whatever shit Bush signed on.

Jay, you are such a clown.

'95 R129
'04 G35.5 BS
'10 X204
elau is offline  
post #27 of 128 (permalink) Old 10-14-2008, 02:46 PM Thread Starter
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
DOW pulls back less than 1% on "profit taking"



That's pretty good! Much better than I expected after yesterday's huge 936 point explosion upward. I was looking for at least a 50% pull back. Therefore, I read this as conviction that the market has more room to move up in the coming days. Things look good for now, but I await the next shoe to drop...

Don't believe everything you think
Jayhawk is offline  
post #28 of 128 (permalink) Old 10-14-2008, 02:54 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)
Quote:
Originally Posted by Jayhawk View Post


That's pretty good! Much better than I expected after yesterday's huge 936 point explosion upward. I was looking for at least a 50% pull back. Therefore, I read this as conviction that the market has more room to move up in the coming days. Things look good for now, but I await the next shoe to drop...
Hey, I will be happy if the bottom sets. I have $1000 riding on my 8500 bottom =/-1% prediction. And I am under 6 points within the threshold. So, it is time to grow. I would have preferred to have lost the $1000 on the bet as I would have saved on the front end.

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 #29 of 128 (permalink) Old 10-14-2008, 03:13 PM Thread Starter
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
I really do think that last week was what we call "capitulation." And I will be surprised if we are not now on a long upward move--w/ lots of setbacks along the way. Under normal circumstances I would predict that we will be back above 11k or 12k on the Dow by year-end; but w/ all the government interventions around the world, all bets are off. I've been around a long time and thought I had seen it all--up until now. What we are seeing today represents a whole new chapter in financial histoire. It will be interesting to see what happens, but I won't be making many major predictions any time soon.

Don't believe everything you think
Jayhawk is offline  
post #30 of 128 (permalink) Old 10-14-2008, 03:17 PM
Surely A Large Human
 
Qubes's Avatar
 
Date registered: Jun 2006
Vehicle: '08 C219
Location: Between Earth and Mars
Posts: 34,252
Mentioned: 2 Post(s)
Quoted: 493 Post(s)
Lifetime Premium Member
Quote:
Originally Posted by Jayhawk View Post
I really do think that last week was what we call "capitulation." And I will be surprised if we are not now on a long upward move--w/ lots of setbacks along the way. Under normal circumstances I would predict that we will be back above 11k or 12k on the Dow by year-end; but w/ all the government interventions around the world, all bets are off. I've been around a long time and thought I had seen it all--up until now. What we are seeing today represents a whole new chapter in financial histoire. It will be interesting to see what happens, but I won't be making many major predictions any time soon.
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











  • 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 closes below 9,000 for first time in 5 years Teutone Off-Topic 57 10-10-2008 09:04 PM
    Dow back up above 11,000 cmitch Off-Topic 117 07-24-2008 10:46 PM
    DOW drops below 11,000 FeelTheLove Off-Topic 6 07-15-2008 11:45 AM
    Dow Jumps More Than 400 Points! Jayhawk Off-Topic 436 06-26-2008 08:48 AM
    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 10:47 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