dannydan 5 #26 March 2, 2008 oh.... But Lindsey, I just wanted to make a funny! I HATE POLITICS..... I equate politics in general with like playing the lottery for which I don't play... Hows your world tonite? I am recovering from last weeks fever and last nites concert... I really need to quit with the screaming at those events Quote Share this post Link to post Share on other sites
kallend 2,146 #27 March 2, 2008 Quote Quote However, his lips moved when he said it. Kal.... Lips usually DO "move" when someone says something, don't they??? WHOOOOSH.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
crwtom 0 #28 March 2, 2008 Quote I'm not sure where you get your data, but here's where I get mine. As you can see, from the time of the beginning of the Iraq war in March, 2003 to sometime in the middle of 2007 there's been a consistent, substantial rise in the S&P index. OK - you can figure out the adjustments to numbers and dates. But this is what is in plain view: What the curve clearly shows is a recovery and even plateauxing of the index from late 2001 until mid/early 2002 at nearly 1200 points. So if you look only until mid 2002 it looks as if the market not only quickly recovered from 9/11 but even that the downwards trend from the bubble burst starting mid 2000 was leveling of. One thing this clearly show is that the economy did not go into a tail spin as a direct result of 9/11. This is simply inconsistent with the index curve. The erosion and collapse happened mid/late 2002 due to other reasons (mainly threat if war). In recent days the SP500 dipped beck to 1300 (end even below that) so I concede about 100pts of increase over 6.5 years - still quite pathetic given how the index has increased historically. T ******************************************************************* Fear causes hesitation, and hesitation will cause your worst fears to come true Quote Share this post Link to post Share on other sites
kelpdiver 2 #29 March 2, 2008 The "economy" != the S&P 500. The S&P at the 2000 peak had a pretty unrealistic P/E ratio. So while the rapid decline over the last 6 months has erased most of the gains, the price is much more supportable this time. Quote Share this post Link to post Share on other sites
