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Old 03-18-2008, 08:42 PM   #1
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Default Dow up 420 Points

Who was it that was in here panicking last week when there was, like, a half hour blip where the DJIA dropped 300 points...? Boy don't you sure feel silly now, huh..?
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Old 03-18-2008, 08:47 PM   #2
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Default Re: Dow up 420 Points

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Originally Posted by Obi-Wan View Post
Who was it that was in here panicking last week when there was, like, a half hour blip where the DJIA dropped 300 points...? Boy don't you sure feel silly now, huh..?
I bet that 420 points is gone by Friday.
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Old 03-18-2008, 08:59 PM   #3
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Default Re: Dow up 420 Points

Do you not understand inflation or currency?
If the fed doubles the amount of dollars in circulation and your house dollar value goes up less than double, do you think you just made money?
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Old 03-18-2008, 09:03 PM   #4
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Default Re: Dow up 420 Points

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Do you not understand inflation or currency?
If the fed doubles the amount of dollars in circulation and your house dollar value goes up less than double, do you think you just made money?
you asking me? because i dod understand it.

isn't that what bush is doing with the tax refund? and we get to borrow this money from china?
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Old 03-18-2008, 09:06 PM   #5
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Default Re: Dow up 420 Points

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Who was it that was in here panicking last week when there was, like, a half hour blip where the DJIA dropped 300 points...? Boy don't you sure feel silly now, huh..?
Invest heavily in this market Obi. What better way is there for you to show your faith in the market?
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Old 03-18-2008, 09:26 PM   #6
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Default Re: Dow up 420 Points

It's silly to get all happy or sad about a day, week, month or year. But, despite the naysayers, the market is a good place to be and now will look like an especially good time when we can look back at it.

Patters - I'm all in, baby
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Old 03-18-2008, 09:30 PM   #7
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Default Re: Dow up 420 Points

I'm in as well. Bottom feeding, picking up strong names on weakness, making some money...even though my friends laugh at me for investing like a little old lady (strong biz, good dividends, no speculation in sight. LOL).
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Old 03-18-2008, 10:02 PM   #8
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Default Re: Dow up 420 Points

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Do you not understand inflation or currency?
If the fed doubles the amount of dollars in circulation and your house dollar value goes up less than double, do you think you just made money?
Why does good economic news upset you so much..?
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Old 03-18-2008, 10:05 PM   #9
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Default Re: Dow up 420 Points

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Invest heavily in this market Obi. What better way is there for you to show your faith in the market?
I have a well diversified portfolio, which includes some fixed income and it includes some market securities. I enjoy long term gains because I do not panic or react to every single little blip.

If you were to invest in the market today (with a diversified portfolio), I can't guarantee you what will happen next week... but I can guarantee you with absolute 100% certainty that you will have a solid rate of return and profit after 10 years.

Last edited by QuiGon; 03-18-2008 at 10:06 PM..
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Old 03-19-2008, 04:11 AM   #10
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Default Re: Dow up 420 Points

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Who was it that was in here panicking last week when there was, like, a half hour blip where the DJIA dropped 300 points...? Boy don't you sure feel silly now, huh..?
But somehow this does not translate well in our day to day lives, gas and diesel are still through the roof, food prices are increasing and there are record numbers of foreclosures.. guess the news is good for some, but for most not too much of a difference..
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