Stocks

[dalakhani]

Originally Posted by Rupert Pupkin

The markets did get way over sold. It was a situation where stocks were being valued based on a worst case scenario. Right now things look a little better and people are starting to think that the worst may be over. People are thinking that there could be a recovery in the economy starting next year.

I think this market probably goes higher over the next month or two. But once people figure out that there isn't going to be a recovery and when they figure out that the worst is not over, you will see the market make new lows. I bet you that in one year from now stocks will be much lower than they are now.

This is nothing more than a bear-market rally. But as long as a high percentage of people think that this is only a bear-market rally, the market will continue to go higher. When it finally gets to the pont where everyone is convinced that we are in a new bull market and everyone is back in, that is when this market will take a huge dive. We're not quite to that point yet but I think we will be in another month or two.

Well put.

Let me add...when you flood the world with currency, what is going to happen to equities? Are US companies in any better shape NOW than they were before the rally started?

Rupert is a wise man.

[dellinger63]

Originally Posted by dalakhani

Well put.

Let me add...when you flood the world with currency, what is going to happen to equities? Are US companies in any better shape NOW than they were before the rally started?

Rupert is a wise man.

only if you believe state run companies are superior to privately run companies. Look at how great our state run schools are doing compared to private ones. That's why Obama's kids are getting a public education. OOPS strike that last point. How about the Post Office compared to UPS OOPS that's a bad example as well. I suppose the answer is NO

[dalakhani]

Originally Posted by dellinger63

only if you believe state run companies are superior to privately run companies. Look at how great our state run schools are doing compared to private ones. That's why Obama's kids are getting a public education. OOPS strike that last point. How about the Post Office compared to UPS OOPS that's a bad example as well. I suppose the answer is NO

Does it always have to be so partisan? The economic catastrophe that this country is trying to work its way out of was hardly obama's fault and to blame it all on bush or republicans or democrats or any one group is silly. This is the end game of a cycle that has been playing out for many years.

Obama walked into a collosal heap of steaming ****. I really don't know what he should have done differently.

[dellinger63]

Originally Posted by dalakhani

Does it always have to be so partisan? The economic catastrophe that this country is trying to work its way out of was hardly obama's fault and to blame it all on bush or republicans or democrats or any one group is silly. This is the end game of a cycle that has been playing out for many years.

Obama walked into a collosal heap of steaming ****. I really don't know what he should have done differently.

how about letting the market work it's own way out or at least cut back and save for the storm that's a coming. If you were in debt 20K last couple years and are now in debt 50K with less income coming in are you better off?

I forgot if you had a machine to make money you'd be OK.

[dalakhani]

Originally Posted by dellinger63

how about letting the market work it's own way out or at least cut back and save for the storm that's a coming. If you were in debt 20K last couple years and are now in debt 50K with less income coming in are you better off?

I forgot if you had a machine to make money you'd be OK.

Right...that was really effective in 1929 wasnt it? It was even more effective in 2007.

The system locked up in 2007 and the fed's first reaction was to let the market work itself out. That didnt work and set the stage for the implosion of 2008.

Locked credit markets dont "work themselves out". Letting the market "work itself out" would have led to a total collapse of our financial system last fall. To their credit, Paulson and Bush at least understood what was at stake in the end and did what they could to stave off catastrophe regardless of how left leaning their policies ended up being.

At least the current administration can be lauded for wanting to help the people instead of merely big business like the prior admin's policies. One of the only things BOTH admins have in common is that neither attacks the REAL problem. Government invertention was unquestionably necessary...its the idea of what the government should be doing that is in question.

[dellinger63]

Originally Posted by dalakhani

Does it always have to be so partisan? The economic catastrophe that this country is trying to work its way out of was hardly obama's fault and to blame it all on bush or republicans or democrats or any one group is silly. This is the end game of a cycle that has been playing out for many years.

Obama walked into a collosal heap of steaming ****. I really don't know what he should have done differently.

when the government gets its hands on private sector businesses there's a huge problem. Case in point our mailman at the office who does 8hrs of work in 2 hours, sleeping or playing talk show host during the rest of his 6 hrs. Then he needs a shrink cause he's overworked? And he's one of the star employees hence the one office complex delivery per day. Schools in our area who dare mention God are far superior to anything public at a fraction of the cost per student. So what happened?

[dalakhani]

Originally Posted by dellinger63

[/b]

when the government gets its hands on private sector businesses there's a huge problem. Case in point our mailman at the office who does 8hrs of work in 2 hours, sleeping or playing talk show host during the rest of his 6 hrs. Then he needs a shrink cause he's overworked? And he's one of the star employees hence the one office complex delivery per day. Schools in our area who dare mention God are far superior to anything public at a fraction of the cost per student. So what happened?

yeah, privatization has done wonders for our university system and im sure it would work wonders for our elemantary schools as well.

Im not going to sit here and debate pros and cons of big government and the effects of said system on the distribution of mail in your office. Furthermore im not going to attempt to understand what that has to do with prayer in school or the further leap into what that has to do with President Obama and his first 5 months in office.

Either way, I hope you get your mail situation worked out.