why did the market nose dive today?

Dow now up 55 points

Slowing growth is the key. Rate cuts are assured.

Tech still very strong.

The golidilocks economy of low rates, steady growth, strong comsumer spending lives on.

This simple formula will keep this bull market going for decades to come.
 
Quote from S2007S:

If it were not for that pathetic GOOGLE upgrade the nasdaq would be sitting well under 2540 now.....thank those foolish analysts for the upgrade, by the way GOOG is headed under $500 in the 1st half of 2008.
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I hope you're not taking yourself seriously about that. I'm not pro GOOG, but it's not going below 500, thats for sure.

This market needs a real correction to weed out all the garbage before it can be where it needs to be for everyone to come back to their senses.

A part of me is happy this is happening so that all the weakness can be sifted out. This housing situation was as obvious as picking out a dog with a bunch of cats and all the fools who jumped in that bandwagon are getting what they deserve.
 
Quote from SCI new york:

I hope you're not taking yourself seriously about that. I'm not pro GOOG, but it's not going below 500, thats for sure.

This market needs a real correction to weed out all the garbage before it can be where it needs to be for everyone to come back to their senses.

A part of me is happy this is happening so that all the weakness can be sifted out. This housing situation was as obvious as picking out a dog with a bunch of cats and all the fools who jumped in that bandwagon are getting what they deserve.
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My sentiments exactly.

This is Darwinism (and karma) in action. Pure and simple. I am loving it.
 
Slow growth is good. It may seem paradoxical but that is why so many shorts have failed for the past 5 years. They dont 'get' it.

Repeat

slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
 
Quote from stock_trad3r:

Dow now up 55 points

Slowing growth is the key. Rate cuts are assured.

Tech still very strong.

The golidilocks economy of low rates, steady growth, strong comsumer spending lives on.

This simple formula will keep this bull market going for decades to come.
More...

You sound alot like this fool-

kudlowbush6jv.jpg


larry_kudlow_card.jpg


larryhippo.gif
 
Quote from stock_trad3r:

Slow growth is good. It may seem paradoxical but that is why so many shorts have failed for the past 5 years. They dont 'get' it.

Repeat

slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
slow growth is good
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TRAD3R TRYING TO SLOW THE GROWTH

goofy_running_1.jpg


 
What exports?

The only thing the US exports nowadays are its own $$$

Everything else is imported.


Quote from PAPA ROACH:

But it's good for our exports.

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EUR 1.50 to 1.60 easy...

USD needs exports advantage from a low dollar.

Oil $100 plus easy.

But a recession is on the card, how can you stop the fear. Banks are tightening too much as they are loosing big.

Fear is winning...
 
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