finknottle Posted June 13, 2006 Share Posted June 13, 2006 OK, we've erased all of our gains in 2006. With 6 1/2 months to go the Dow is down .11% on the year, the S&P down 1.97%, and the NASDAQ down 6.02%. They are off about 8.3%, 7.7%, and 11.8% respectively from their highs two months ago. Is it still considered unpatriotic to speculate whether we are enduring a brief correction or entering a bear market? Link to comment Share on other sites More sharing options...
Crap Throwing Monkey Posted June 13, 2006 Share Posted June 13, 2006 OK, we've erased all of our gains in 2006. With 6 1/2 months to go the Dow is down .11% on the year, the S&P down 1.97%, and the NASDAQ down 6.02%. They are off about 8.3%, 7.7%, and 11.8% respectively from their highs two months ago. Is it still considered unpatriotic to speculate whether we are enduring a brief correction or entering a bear market? 707955[/snapback] Unpatriotic? No. Unproductive? Yes. Stocks go up and down. No big deal. Stupid? Probably. Depends on whether or not you know WHY stocks are going down...which I strongly doubt. But if you want a hint: the reason hasn't changed since the last time you whined about this. Link to comment Share on other sites More sharing options...
/dev/null Posted June 13, 2006 Share Posted June 13, 2006 the reason hasn't changed since the last time you whined about this.707965[/snapback] Crab people Link to comment Share on other sites More sharing options...
finknottle Posted June 13, 2006 Author Share Posted June 13, 2006 Unpatriotic? No. Unproductive? Yes. Stocks go up and down. No big deal. Stupid? Probably. Depends on whether or not you know WHY stocks are going down...which I strongly doubt. But if you want a hint: the reason hasn't changed since the last time you whined about this. 707965[/snapback] Not whining - would simply like to see some non-partisan thoughts about the economy and the markets. I guess the answer is that nobody else follows them or cares to speculate on where they might be going in the midst of so much going on in the world. Link to comment Share on other sites More sharing options...
/dev/null Posted June 13, 2006 Share Posted June 13, 2006 would simply like to see some non-partisan thoughts 707974[/snapback] you came to the wrong forum for non-partisan thought Link to comment Share on other sites More sharing options...
finknottle Posted June 13, 2006 Author Share Posted June 13, 2006 Unproductive? Yes. Stocks go up and down. No big deal. 707965[/snapback] And as so many people are fond of saying, things stay the same until they change. You're right, lets not think about the possibility of what might trigger a sustained Bear market. It will never happen again. Link to comment Share on other sites More sharing options...
erynthered Posted June 13, 2006 Share Posted June 13, 2006 Not whining - would simply like to see some non-partisan thoughts about the economy and the markets. I guess the answer is that nobody else follows them or cares to speculate on where they might be going in the midst of so much going on in the world. 707974[/snapback] Then where were your posts when there was a gain? You are whining, go away putz. Link to comment Share on other sites More sharing options...
erynthered Posted June 14, 2006 Share Posted June 14, 2006 On second thought, where have you ever started a thread that wasnt about doom and gloom. Please direct me to such a thread that you started. Link to comment Share on other sites More sharing options...
finknottle Posted June 14, 2006 Author Share Posted June 14, 2006 Then where were you post when there was a gain? You are whining, go away putz. 708005[/snapback] I was laughing all the way to the bank. But only a sucker assumes things will last forever and doesn't watch out for change. And I'm not say we are going into a Bear market. Merely that the 10 year outlook it is worth contemplating. If the combination of a large deficit, a falling dollar increasingly, mildly rising interest rates, and rising energy and raw material costs doesn't give you food for thought then so be it. Link to comment Share on other sites More sharing options...
erynthered Posted June 14, 2006 Share Posted June 14, 2006 I was laughing all the way to the bank. But only a sucker assumes things will last forever and doesn't watch out for change. And I'm not say we are going into a Bear market. Merely that the 10 year outlook it is worth contemplating. If the combination of a large deficit, a falling dollar increasingly, mildly rising interest rates, and rising energy and raw material costs doesn't give you food for thought then so be it. 708014[/snapback] You still didnt answer my question, Finkster. " where have you ever started a thread that wasnt about doom and gloom? Please direct me to such a thread that you started." Also, all those thoughts you had/have, are the same as ten years ago. The difference is, you start threads that end in GLOOOOOOMMMM.. I'd hate to have coffee with you in the morning. Link to comment Share on other sites More sharing options...
Crap Throwing Monkey Posted June 14, 2006 Share Posted June 14, 2006 Not whining - would simply like to see some non-partisan thoughts about the economy and the markets. I guess the answer is that nobody else follows them or cares to speculate on where they might be going in the midst of so much going on in the world. 707974[/snapback] The economy is strong. That's why the market's going down: the economy is TOO strong, and the Fed's going to have to hike interest rates again to slow down inflation. Just like last time this topic came up. Just like NEXT time this topic comes up. Link to comment Share on other sites More sharing options...
Crap Throwing Monkey Posted June 14, 2006 Share Posted June 14, 2006 And as so many people are fond of saying, things stay the same until they change. You're right, lets not think about the possibility of what might trigger a sustained Bear market. It will never happen again. 707979[/snapback] Stocks go up. Stocks go down. It's what they do. What triggers a bear market is: stocks go down. It's REALLY that simple. Link to comment Share on other sites More sharing options...
finknottle Posted June 14, 2006 Author Share Posted June 14, 2006 On second thought, where have you ever started a thread that wasnt about doom and gloom. Please direct me to such a thread that you started. 708007[/snapback] I'm not quite the raconteur you seem to be in starting threads here on PPP. I'm afraid I've never shared any sites where you shoot Mexicans, or lampoon minorities blaming Bush for a white Christmas. I fear I'm more interested in trying to discuss topics. For the record, the only other one I've started on PPP: here Link to comment Share on other sites More sharing options...
erynthered Posted June 14, 2006 Share Posted June 14, 2006 Stocks go up. Stocks go down. It's what they do. What triggers a bear market is: stocks go down. It's REALLY that simple. 708025[/snapback] Prick Over the last 20 years, I'm up roughly 25% on my stocks. You know what? I shouldn't count on my investments, erynthered, bad. I should count on the Social Security and the Government to take care of me. Finklesnot? Link to comment Share on other sites More sharing options...
finknottle Posted June 14, 2006 Author Share Posted June 14, 2006 Stocks go up. Stocks go down. It's what they do. What triggers a bear market is: stocks go down. It's REALLY that simple. 708025[/snapback] No, a Bear market is typically characterized as prolonged, a few years at least. If it's not sustained it is a correction. An example was the 70's, in which stocks were essentially flat for over a decade. Not a good 10 year investment. REALLY. Link to comment Share on other sites More sharing options...
cromagnum Posted June 14, 2006 Share Posted June 14, 2006 I read a bit of that other thread and man stuckincincy has a clever vocabulary '' gussie'' I don't know what it means but I laughed, he always comes up with some doosies As for the market it's been bumpy and my brother who has a nice chunk invested, is been prone to swearing lately.. Hopefully and probably it will swing up soon. Gussie Im gonna look it up. Link to comment Share on other sites More sharing options...
finknottle Posted June 14, 2006 Author Share Posted June 14, 2006 Prick Over the last 20 years, I'm up roughly 25% on my stocks. You know what? I shouldn't count on my investments, erynthered, bad. I should count on the Social Security and the Government to take care of me. Finklesnot? 708031[/snapback] I have no idea what you are saying. But you are right - if you're not willing to take responsibility for what happens to your own money, then you might as well count on Uncle Sam and social security, and good luck to you. Link to comment Share on other sites More sharing options...
SilverNRed Posted June 14, 2006 Share Posted June 14, 2006 Crab people 707967[/snapback] Taste like crab. Talk like people. Link to comment Share on other sites More sharing options...
GG Posted June 14, 2006 Share Posted June 14, 2006 We are entering a period of uncertainty, exacerbated by the unpredictable consumer reaction to the unknown direction of the housing market, made more fuzzy by the reading between the oblique lines uttered by a tipsy fed chief, caused by the potentially destabilizing effect of rising commodity prices, which so far have not had the commensurate effect on long term interest rates. Link to comment Share on other sites More sharing options...
finknottle Posted June 14, 2006 Author Share Posted June 14, 2006 We are entering a period of uncertainty, exacerbated by the unpredictable consumer reaction to the unknown direction of the housing market, made more fuzzy by the reading between the oblique lines uttered by a tipsy fed chief, caused by the potentially destabilizing effect of rising commodity prices, which so far have not had the commensurate effect on long term interest rates. 708052[/snapback] Are you auditioning for Bernanke's job? Link to comment Share on other sites More sharing options...
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