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  • November 12, 2008 at 12:50 PM #14422
    lonestar2000
    Participant

    Think the previous bottom of DOW 7950 will hold?
    Indications are that we’re continuing the next leg down. There will be more fool’s rallys to take advantage of, if you’re in the position to do so, but we’re not scraping the bottom just yet.

    Stocks usually lead the economy by six months, but I can’t fathom the possibility of a broad turnaround by May of next year. If anything, we’ll be flat for well into 2010.

    Thoughts?

    November 12, 2008 at 12:57 PM #303286
    HereWeGo
    Participant

    The Obama rally continues apace.

    November 12, 2008 at 12:57 PM #303648
    HereWeGo
    Participant

    The Obama rally continues apace.

    November 12, 2008 at 12:57 PM #303659
    HereWeGo
    Participant

    The Obama rally continues apace.

    November 12, 2008 at 12:57 PM #303676
    HereWeGo
    Participant

    The Obama rally continues apace.

    November 12, 2008 at 12:57 PM #303732
    HereWeGo
    Participant

    The Obama rally continues apace.

    November 12, 2008 at 2:16 PM #303311
    Butleroftwo
    Participant

    Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. Bush is now taking advice from N. Pelosi about economics. He can’t wait to get back to Texas.
    Maybe we should also bailout American Motors. The Matador would sell well now that gas is back to $2.50 and the Gremlin was so handsome. The Pacer was ahead of its time also. I could go on but will stop here to not threadkill.

    November 12, 2008 at 2:16 PM #303673
    Butleroftwo
    Participant

    Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. Bush is now taking advice from N. Pelosi about economics. He can’t wait to get back to Texas.
    Maybe we should also bailout American Motors. The Matador would sell well now that gas is back to $2.50 and the Gremlin was so handsome. The Pacer was ahead of its time also. I could go on but will stop here to not threadkill.

    November 12, 2008 at 2:16 PM #303684
    Butleroftwo
    Participant

    Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. Bush is now taking advice from N. Pelosi about economics. He can’t wait to get back to Texas.
    Maybe we should also bailout American Motors. The Matador would sell well now that gas is back to $2.50 and the Gremlin was so handsome. The Pacer was ahead of its time also. I could go on but will stop here to not threadkill.

    November 12, 2008 at 2:16 PM #303701
    Butleroftwo
    Participant

    Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. Bush is now taking advice from N. Pelosi about economics. He can’t wait to get back to Texas.
    Maybe we should also bailout American Motors. The Matador would sell well now that gas is back to $2.50 and the Gremlin was so handsome. The Pacer was ahead of its time also. I could go on but will stop here to not threadkill.

    November 12, 2008 at 2:16 PM #303757
    Butleroftwo
    Participant

    Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. Bush is now taking advice from N. Pelosi about economics. He can’t wait to get back to Texas.
    Maybe we should also bailout American Motors. The Matador would sell well now that gas is back to $2.50 and the Gremlin was so handsome. The Pacer was ahead of its time also. I could go on but will stop here to not threadkill.

    November 12, 2008 at 2:21 PM #303316
    Eugene
    Participant

    [quote=Butleroftwo]Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. [/quote]

    You’re confusing cause & effect.

    November 12, 2008 at 2:21 PM #303678
    Eugene
    Participant

    [quote=Butleroftwo]Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. [/quote]

    You’re confusing cause & effect.

    November 12, 2008 at 2:21 PM #303689
    Eugene
    Participant

    [quote=Butleroftwo]Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. [/quote]

    You’re confusing cause & effect.

    November 12, 2008 at 2:21 PM #303706
    Eugene
    Participant

    [quote=Butleroftwo]Obama to the bottom
    The DOW is down 3261 since the end of the D convention and down 850 since that ONES election. The Capitalist markets aren’t very optimistic about the change in direction. [/quote]

    You’re confusing cause & effect.

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