Why isn't anyone discussing what is going on?

hans37 · Jan 23, 2006

Quote from Maverick74:

I honestly can't make myself more clear. If you don't understand this concept, I take it you never stepped foot on a college campus or ever took an economics course. This is a very basic concept to understand. For some odd reason, you have yet to contradict any of my points yet continue to think you have. Every transaction has a net effect of ZERO! LOL. Think about this please before you post.

ROTFLMAO

The Kin · Jan 23, 2006

Thread of the year

syrre · Jan 23, 2006

First of all - earnings season.
Ok, so we had a -23,5 point day in ES, but its not more than 12 trading days since we had a +20 point gain. And that was the first of 6 consecutive days ending in green territory.
After that we had 4 red days in earnings season with also pretty strong comeback in oil (iran + nigeria worries) etc.
Nothing special really, not yet...

cnms2 · Jan 23, 2006

Your lack of respect for knowledge explains your ignorance. Unfortunately your rudeness signals stupidity. Hopefully it's just an isolated outburst.

Quote from hans37:

You must be a professor because you are obtuse and like to hear yourself talk.

hans37 · Jan 23, 2006

Quote from hans37:

You must be a professor because you are obtuse and like to hear yourself talk.

Quote from cnms2:------------------------------------------

Your lack of respect for knowledge explains your ignorance. Unfortunately your rudeness signals stupidity. Hopefully it's just an isolated outburst.

Quote from hans37:reference maverick
No fool is as unabashedly willing to demonstrate their folly as a man who thinks himself the educated expert.

Maverick74 · Jan 23, 2006

Quote from hans37:

Quote from hans37:

You must be a professor because you are obtuse and like to hear yourself talk.

Quote from hans37:reference maverick
No fool is as unabashedly willing to demonstrate their folly as a man who thinks himself the educated expert.

No need to be an educated expert here. This is basic freshman year ECO 101. If you don't understand money supply and credit there are many web sites I can point you to that will alleviate this problem.

Cdntrader · Jan 23, 2006

Quote from NTB:

Markets are off huge in Japan for last 2 days. S&P down more than 13 overnight. Haven't seen this in a really, really long time. Something serious is happening, more than just another day. Thoughts

We're takin a quick elevator ride DOWN to 1200 ES! then rally for several years.

how's that?

marketsurfer · Jan 23, 2006

Quote from Maverick74:

No need to be an educated expert here. This is basic freshman year ECO 101. If you don't understand money supply and credit there are many web sites I can point you to that will alleviate this problem.

as a service to mankind, kindly post one or more of the referenced econ educational sites.

thank you,

Maverick74 · Jan 23, 2006

Quote from marketsurfer:

as a service to mankind, kindly post one or more of the referenced econ educational sites.

thank you,

For you Surf, anything.

http://wfhummel.cnchost.com/misconceptions.html

It took me all of 2 seconds to pull this link up on Google. Here is a brief excerpt:

"Where does all the money go when stock prices plummet?

This question mistakes the monetary value of stocks for money itself. Stock prices simply reflect the current market value of the shares. At the end of the day, buyers own more shares and less money, while sellers own fewer shares and more money. Their aggregate financial wealth may be higher or lower, but the total amount of money they own remains unchanged."

Gee wiz, where have I heard this on this thread before? Hmmmm. Let me think, oh yeah, it was me! LOL.

winter · Jan 23, 2006

Take your pick...

http://www.investopedia.com/university/fiveminute/fiveminute1.asp

The value of common stocks increases without taking wealth away from anyone; in fact when the stock prices increase, the amount of aggregate wealth increases for society as a whole

http://www.aarp.org/bulletin/faceoff/a2003-06-25-plungingstocks.html

Until the recent fall in stock prices, many people viewed the stock market as a money tree that created wealth out of nothing. This was the atmosphere in which the idea of private accounts within Social Security gained popularity. The crash has helped to clear people's thoughts.

In reality, the stock market does not create wealth. Wealth is created when we are better able to produce goods and services.