Market is tougher than George Foreman!?!

DisciplinedHedg · May 15, 2003

Quote from Brandonf:

The first sentance is the most important for now. As for the rest, who gives a shit? Between 1998 and early 2000 the market was priced unrealistically as well, it did not stop it from having the biggest bull market ever. The market is not the economy and on an intermediate to short term basis its not about the companies either. People who forget this get hurt. Another thing to consider is that President Bush is up for re-election next year. Love him or hate him he knows politics and what people want. I think he is smart enough to know that with the majority of American's now in the stock market we associate its health more and more with that of the economy. There are a lot of things that can be done from the Oval Office to artificially inflate the stock market in the short term, and I'm sure the President and his men know this.

Brandon

Who gives a sh*t!!!! Unless you think that the economy is fine, the longer this goes on the bigger the downside will be.

I may be off, but for the most part...wasn't the average Joe Schmoe more hurt from the stock market bubble than benefited? And didn't the "unrealistic" market lead to such things as companies going public that shouldn't have and execs milking shareholders for their hard earned dollars. A market overextending to the upside is never a good thing unless it is soon backed by fundamentals/economy!

But hey who gives a sh*t!?!

Let the games continue!...

alfonso · May 15, 2003

Quote from dafugginman:

the market forecasts the economy six months ahead.

LOL.

That BS sounds exactly like something CNBC talking head "analysts" would say; ie, a memorable line, with no substance to it.

Momento · May 16, 2003

Quote from DisciplinedHedg:

.................................
I may be off, but for the most part...wasn't the average Joe Schmoe more hurt from the stock market bubble than benefited?
..............................
Let the games continue!...

I agree.
So just make sure you are not one of the Joe Schmoe, then you will be able to catch the next big wave. (or else you will be wipe out by it)

(I sound like Marketsurfer all of a sudden..

)

Who gives a damn... really...

LiverNoMore · May 16, 2003

Quote from Abraham Lincoln:

I will say then that I am not, nor ever have been in favor of bringing about in any way the social and political equality of the white and black races, ---that I am not nor ever have been in favor of making voters or jurors of negroes, nor of qualifying them to hold office, nor to intermarry with white people; and I will say in addition to this that there is a physical difference between the white and black races which I believe will for ever forbid the two races living together on terms of social and political equality. And inasmuch as they cannot so live, while they do remain together there must be the position of superior and inferior, and I as much as any other man am in favor of having the superior position assigned to the white race.

Abraham Lincoln actually rescinded an emancipation proclamation issued by Missouri territory General John Fremont around 1860. With this attitude toward the slaves, it was really irresponsible to emancipate them in 1863, with no real provisions for rehabilitating and integrating them into American society. Like releasing caged animals without any rehabilitation or provisions to help them survive. We are still experiencing the effects of this thoughtlessness today.

DisciplinedHedg · May 16, 2003

Market continues to defy gravity. People seem to be pretty complacent about Ebay at 100 and Dell at a PE in the high 30s. Heck, an oversold rally in the dollar or selloff in bonds could keep this market going.

tick tock...tick tock...

tshin01 · May 19, 2003

That's the thing I don't understand.

Why in the hell do people want to buy Ebay???? Are they waiting for the stock to split or something?

It's ridiculous how there are so many blue chips out there that are way below market value (GE) yet Ebay is going off the roof....I think people want that bubble to get blown up again....so that they can lose money and move their money to property..OR MAYBE ITS THE HOUSING DEVELOPMENT COMPANIES THAT ARE POORING MONEY INTO THE TECH STOCKS AND ARE PLANNING ON DOING A MAJOR SELL OFF SO PPL GO, OH THE HELL WITH THIS SHIT...AND BUY MORE HOUSES AND FARMS....DUM DEE DUM DEE DUM *MYSTERY*...good for traders...more penny stocks for us...yippeee

axeman · May 19, 2003

Ummmmm actually, its what DOW theory shows.

peace

axeman

Quote from alfonso:

LOL.

That BS sounds exactly like something CNBC talking head "analysts" would say; ie, a memorable line, with no substance to it.

Maverick1 · May 19, 2003

looks like Foreman took it on the forehead today,

Mav.

rlb21079 · May 19, 2003

Correlation is not causation. And it's not prediction either. There are alternative explanations which I have yet to hear explored.

omcate · May 19, 2003

Quote from tshin01:

That's the thing I don't understand.

Why in the hell do people want to buy Ebay???? Are they waiting for the stock to split or something?

It's ridiculous how there are so many blue chips out there that are way below market value (GE) yet Ebay is going off the roof....

IMHO:
A lot of legendary fund managers were asking the same question about the technology stocks, when NASDAQ jumped from 2,100 to 5,100 in less than two years.