Dow looking great!

jlew24asu

WhiteMaleRat wrote:

doesn't war create an upturn in the economy?

roaring 20's after WWI
rockin 50's after WWII & Korea
everyone get rich in the 80's after Vietnam
internet/ .com of the 90's after the Gulf & Bosnia
2010's after Afghan & Iraq (& Iran) ?

war creates jobs and demand on materials, soldiers are off to sea, therefore unemployment is down.....

thats a good guess. but there are many factors into a strong economy. war = good economy are not neccessarily correlated

jlew24asu

chiefojibwa wrote:

to be fair, you don't really further discussion when you call people "america haters"

i speak from experience, no?

well as soon as I say something positive about america or the administration, all I get is something about how fucked up Iraq is, CEO's are too rich, we dropped the only nuke ever, rumsfield orchestrated 9/11......its goes on and on. its tiresome.

jlew24asu

chiefojibwa wrote:

so your solution is to label these people as america haters....now how does that help further discussion?

i don't want to fight, i just want to know. and i'll let you have the last word, because it appears that is very important to you.

and you are still my hero!

becuase you cant hold a discussion with someone whos mind is already made about america. no matter good you can find in something, someone will always dig out the negatives. its tiresome.

Abuskedti

jeffbr wrote:

Huh?

Where did you get your 8,000 number? What consitutes a proper correction? Is there an indicator that lets us know when we've hit it?

And the only reason the Dow is up is because of our "sustained ability to cover" up accounting fraud? There are plenty of strong stocks out there increasing in value due to stong businesses practices which don't require covering up accounting fraud.

I'm not entirely certain you understand either economics or stock market dynamics. Very, very odd statements.

The 8,000 is my estimate.. nothing more.. The dow is seriously inflated. Understand economics or the stock market? Heck no I don't..

What do you use to base your understanding? We are in completely uncharted territory economically - there are no useful historical models.. we are using outdated indicators - and selling them with political rhetoric - Our economy is no more than a political philosophy.. which is seriously flawed.

How can I understand the stock market? Its a place where dishonest business people come together to solicit investors... Am I missing something else?

RockinInCanada

jlew24asu wrote:

becuase you cant hold a discussion with someone whos mind is already made about america. no matter good you can find in something, someone will always dig out the negatives. its tiresome.

Because presently it is negatives....I find very few things coming from America that are positive.....but that is my opinion....name me something positive right now from America...something that is giving the country a good name world-wide.....because sadly I see and hear about the negatives all the time...wish it was different however I see it is not.....

jeffbr

Abuskedti wrote:

The 8,000 is my estimate.. nothing more.. The dow is seriously inflated. Understand economics or the stock market? Heck no I don't..

What do you use to base your understanding? We are in completely uncharted territory economically - there are no useful historical models.. we are using outdated indicators - and selling them with political rhetoric - Our economy is no more than a political philosophy.. which is seriously flawed.

How can I understand the stock market? Its a place where dishonest business people come together to solicit investors... Am I missing something else?

Every time we hit a new high, throughout the history of the market, we've been in uncharted territory, so that is nothing new. Looking at historical trends, we're tracking just fine, so "overinflated" may be an opinion, but it doesn't look that way as far as the big picture goes. We're up 12% since the beginning of the year. 10% year over year growth is pretty good. Being up 12% doesn't seem like it is completely out of the line or "overinflated". Why are our indicators outdated? Everything from housing starts to inflation to gnp are used as indicators, always have been, and they seem to explain things to some extent. Can we ever really understand all market dynamics? Of course not. There are lots of variables. But we can look at trends and indicators and make forecasts and predictions. What is happening right now doesn't have to have evil motives prescribed to it.

Abuskedti

jeffbr wrote:

Every time we hit a new high, throughout the history of the market, we've been in uncharted territory, so that is nothing new. Looking at historical trends, we're tracking just fine, so "overinflated" may be an opinion, but it doesn't look that way as far as the big picture goes. We're up 12% since the beginning of the year. 10% year over year growth is pretty good. Being up 12% doesn't seem like it is completely out of the line or "overinflated". Why are our indicators outdated? Everything from housing starts to inflation to gnp are used as indicators, always have been, and they seem to explain things to some extent. Can we ever really understand all market dynamics? Of course not. There are lots of variables. But we can look at trends and indicators and make forecasts and predictions. What is happening right now doesn't have to have evil motives prescribed to it.

I never said evil.. corrupt.. self serving.. not evil.

the problems we have, as I see it, are the expectation of 10% growth annually. Our population is growing - out of control in may ways. Our resources are shrinking. Our millionaires are increasing at a disproportionate rate - yet there is a constant amount of ocean front property (for example).

The standards we are using to value business and assets - is becoming more and more obsolete. It is an illusion to assume we can continue to grow this way. Yet we perpetuate this illusion because it is profitable and those who stand to profit are in control of the illusion machine - which is politics and the media.

Yes, we are following a trend of 10% growth in the dow... that once represented our increased production - and ability to compete globally...

many of those things are changing - have already changed.. The projections are based upon fantasy.. and as reality sets in - the projections will change little by little -

It will likely be the stock market that first warns us that we will have to stop pretending and actually address our enviornmental issues, our population issues, our war fighting issues - because growth will cease.

The stock market is invested seriously in the assumption that everything will be fine regardless of what we do - or even of what you know we can't do.

Our economy is dependant on resources - and there is no more new frontier - the growth is nearly over.. We are going to have to face the music sooner or later - if not sooner.. then it will be a more violent realization.

But if its not the moon that breaks orbit and floats away - the it will likely be the stock market - the Dow Jones Industrial average that will slap us in the face for all that we already knew - but chose to ignore.



Yes, I did drugs as a young man

JOEJOEJOE

jlew24asu wrote:

well as soon as I say something positive about america or the administration, all I get is something about how fucked up Iraq is, CEO's are too rich, we dropped the only nuke ever, rumsfield orchestrated 9/11......its goes on and on. its tiresome.

The best way to show your love for our country is via your desire to make it a better place.

The true America haters are the one's who blindly support our government.

miller8966

JOEJOEJOE wrote:

The best way to show your love for our country is via your desire to make it a better place.

The true America haters are the one's who blindly support our government.

THe true haters are the ones who complain constantly

Scratchin a Letter

miller8966 wrote:

THe true haters are the ones who complain constantly

so you think they should just shut up and suffer silently while their country goes to shit? If you have something to complain about, then speak up. Its part of a free democracy!

JOEJOEJOE

miller8966 wrote:

THe true haters are the ones who complain constantly

the true haters do nothing and back the govt blindly...the true lovers complain, and act to make it a better place.