Lucky... 0 #76 October 30, 2009 QuoteQuoteQuoteThat's like saying house prices were over-valued - they sold for what they sold for, the fact that many people leveraged themselves past what is reasonable is beside the point. Right, they were overvalued by today's standard, they were valued at exactly what they were worth at they time. Evidence of that is found by their appraisal and selling price. The entire situation we're in stemmed from the housing market being oversold. And appraisals proved to be a worthwhile as the debt ratings on the CDOs. Markets can be oversold or undersold. But where it will go...everyone makes projections on earnings that may or may not pan out. But being happy about a GDP growth that was primarily financed by government deficit spending is really not a sign of a investor anyone else should follow. What the other poster was referring to is that it was sold at its value at that time. The job sector and other markets wouldn't support the maintenance of it at that rate. Remember the late 70's when houses basically doubled? Well, they maintaned as the job sector was able to hold them. So wre they overvalued or is it just that the interest rate created a false valuation scheme? It's a bit semantic to wonder or worry to me. Not to mention the types of financing, int only and ballons was a receipe for disaster at any time. I know people who bought houses at the peak for 300k that are now worth 100k who haven't walked away, tehy probably funded conventionally. Quote Share this post Link to post Share on other sites
Lucky... 0 #77 October 30, 2009 Quote Exactly and I tried to explain things several times to ol' Lucky but he obviously thinks Obama is the second coming of Christ. You really haven't, all you do is say: YOU DON'T KNOW WHAT YOU'RE TALKING ABOUT. And that assertion about Obama suuports my belief that you just plain hate Obama and want to use any fiscal data to verify your beliefs. Sorry your shorts are due and you're broke. Quote Lucky I never even brought Obama in this you did but you think anything good his because of him and anything bad is Bush's fault. Yes, before Obama, your guy, the market was tanking, we were in our 4th of 5 neg GDP numbers and unemp was well on the way down. Since then 2 of the 3 have turned around dramatically and the bailouts and stimulus are to credit for that. Question is, will they sustain? Of course more stimulus money is left, so we still have more help if the stimulus dies out. Tell me, what do you credit for the market turnaround and GDP surge? Quote By the way I'm not short I am trading neautral right now in Hedged plays and doing quite well so keep on throwing out terms you do not understand and assuming you know what you are talking about. When you play the market short you cheer for its demise, dependding upon whether you play an entire index short or just 1 or 2 individual stocks. The way you glee for demise I see you are enjoying down days and cheering up days. Quote Riddler... a market can be over or under/over sold. It is a main indicator in analysis. And based upon an opinion. What if teh market goes to 12k and stays there a year before it goes higher? Would you admit you're wrong or wait for the next neo-con to enter office and have it crash and call it a 10-year delay cycle? Quote I hope this does all turn around and I hope Obama is successful but yes I do disagree with what he is doing as 95% of economists and market people do. You have all this poo-pooing, but not solution. WHat shoudl he do besides tax cuts, my friends? Or did I just shoot your entire load there? Come on, tell us, oh great guesser fo the market. Quote I am making great money in this market and really would like the ups and downs to continue but for the country that is bad. I hope things get more stable. I doubt that it will though. And so what of this climb from 6500 to 9800 today? Is that good or no comment? You say it s/b 6-7k, ok, so what if it should, isn't it being at 9800 goiod, or does that give the Obama supporters a reason to cheer and you don't like that? Quote Oh and I'm done with this thread and your rhetoric lucky its not funny anymore just sad As a so-called expert who states nothing and runs from arguments, I'm thinking I feel bad for anyone who uses you for advice. Again, tells us wher ethe markey s/b, why, where it will be.....or just run and be done. Quote Share this post Link to post Share on other sites
Rstanley0312 1 #78 October 30, 2009 Sorry your shorts are due and you're broke. if you only knew Life is all about ass....either you're kicking it, kissing it, working it off, or trying to get a piece of it. Muff Brother #4382 Dudeist Skydiver #000 www.fundraiseadventure.com Quote Share this post Link to post Share on other sites
christelsabine 1 #79 October 30, 2009 Quote My dearest Nazy, you need to explain your idea of home goat hill. If you don't know certain expressions of the US then don't be a pretentcious language Nazi, following your instinctive upbringing just because you don't understand them. There have been many instances where people explain? to you sayings you have no idea of, and you still want to bring this up, over and over, even when people are making jokes, lighten up, and don't be such a skewed and racist language nazi (ie:as people often write they're as there) Now back to your roots.... Bwahahaha - you screw up in *your* own mother language and just blame it on an alien. What is a language Nazi, btw?? Now back to your roots, please dudeist skydiver # 3105 Quote Share this post Link to post Share on other sites
billvon 3,116 #80 October 30, 2009 Your one warning. Cut it out. Quote Share this post Link to post Share on other sites
Lucky... 0 #81 October 30, 2009 Quote Sorry your shorts are due and you're broke. if you only knew I thought you were done here? I guess just done addressing the issues I've posted that you continue to ignore. Quote Share this post Link to post Share on other sites
riddler 0 #82 November 1, 2009 QuoteRiddler... a market can be over or under/over sold. It is a main indicator in analysis. Maybe you can give us a definition. I have yet to see one that isn't arguable. In general, the only way to measure OS/US is retroactively - as in "the market WAS oversold three months ago, that's why it's tanking now." What you said is that the market IS oversold right now - that is a misnomer. If the market crashes in the next few months, then it is valid (and somewhat moot) to reflect back and say that the market WAS oversold. Saying the market is oversold right now is merely trying to sell your own opinion that you think it's going to get worse before it gets better. OB/OS is a distinct and separate definition, measuring the momentum of the market, and it can be taken in a lot of different contexts. You can make the argument that momentum has slowed in the current market, and I will point out that this is an annual trend for this time of year. In addition to that, if one is a right-winger suffering from ODS, then said person is going to want to believe that the market is absolutely in the worst possible situation, all because there's a Democrat in charge. I personally don't think the market cares who the POTUS is.Trapped on the surface of a sphere. XKCD Quote Share this post Link to post Share on other sites
Lucky... 0 #83 November 3, 2009 http://news.yahoo.com/s/ap/20091103/ap_on_el_ge/us_election_rdp Articel written Nov 2, 2009, days after I wrote this thread title. Economists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. So all the people who got panties wadded up, this is obviously what I was saying. THREAD TITLE: It's official; recession is over, but.... STATEMENT IN ARTICLE: Economists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. As I've repeated several times, that is what I was saying. Quote Share this post Link to post Share on other sites
timmyfitz 0 #84 November 3, 2009 Quotehttp://news.yahoo.com/s/ap/20091103/ap_on_el_ge/us_election_rdp Articel written Nov 2, 2009, days after I wrote this thread title. Economists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. So all the people who got panties wadded up, this is obviously what I was saying. THREAD TITLE: It's official; recession is over, but.... STATEMENT IN ARTICLE: Economists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. As I've repeated several times, that is what I was saying. You must have link the wrong article. None of those statements are in the link article. Quote Share this post Link to post Share on other sites
mnealtx 0 #85 November 3, 2009 QuoteEconomists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. Boy - good thing we had that stimulus bill to keep unemployment under 8%, huh?Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
Lucky... 0 #86 November 4, 2009 QuoteQuoteEconomists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. Boy - good thing we had that stimulus bill to keep unemployment under 8%, huh? Most of it isn't yet spent, what a good strategy vs Bush's stimulus check freeforall. Get the GDP flipped, market back on track to support a long term infrastructure, then get to the jobs. This GDP and market flip are faster than could be expected and if jobs follow within a year; we'll be golden, it will be a miraculous recovery. The 1980's recession wasn't nearly as deep as this and it took probably 5 years before all indicators and jobs came back, and it wasn't even in the same league as this mess. And really, even after Hoover's apathy killed 12 million, his tax trippling and FDR's New Deals flipped things pretty quickly too. You just need a president who cares about people, it's not difficult to recover from these. http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?series_id=LNS14000000 In Feb, when the Bill was signed, unemp was already 8.1%, so who promised < 8%? http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009 Is that your rheotoric? Don't you think the unemp rate would be higher w/o the stimulus? What's your answer: Tax cuts, my friends? You have all this criticism, so please, show us your plan for recovery. Quote Share this post Link to post Share on other sites
Lucky... 0 #87 November 4, 2009 Quote Quote http://news.yahoo.com/s/ap/20091103/ap_on_el_ge/us_election_rdp Articel written Nov 2, 2009, days after I wrote this thread title. Economists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. So all the people who got panties wadded up, this is obviously what I was saying. THREAD TITLE: It's official; recession is over, but.... STATEMENT IN ARTICLE: Economists say the recession is over but jobs aren't reappearing and unemployment is still expected to hit 10 percent. As I've repeated several times, that is what I was saying. You must have link the wrong article. None of those statements are in the link article. My bad http://www.realclearpolitics.com/news/ap/politics/2009/Nov/02/gop_victory_tuesday_won_t_erase_party_s_problems.html Quote Share this post Link to post Share on other sites
airdvr 210 #88 November 4, 2009 QuoteMost of it isn't yet spent, what a good strategy vs Bush's stimulus check freeforall. Strategy is timed with the mid-term elections. Spending our money vs. letting us keep it...hmmm.Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
kelpdiver 2 #89 November 4, 2009 QuoteQuoteMost of it isn't yet spent, what a good strategy vs Bush's stimulus check freeforall. Strategy is timed with the mid-term elections. Spending our money vs. letting us keep it...hmmm. Since this is deficit spending, it's not really a question of letting us keep it either, but about paying the price later. Quote Share this post Link to post Share on other sites
Lucky... 0 #90 December 27, 2009 Quote Quote The 3 major components of the economy are: - GDP - Stock market - Umemp The market hit 10k, dropped a couple hundred but holding, and now the GDP is going to be ~ +3.0% they say, which is a 4% improvement from last quarter, an amazing jump and teh 2nd jump since Obama took office and applied his stimulus. GDP 1st Q - -6.4 GDP 2nd Q - -1.0 GDP 3rd Q - +3.0 (projected) So that's a 5.4% gain and a 4% gain consecutively, I think we can say Obama has handled the economy well so far. But the 3rd looming head is the unemp which has slowed, but is still climbing. I can't think of a recession ever that the unemp rate hasn't been the lagger, so this is typical, but when then that is fixed we're home safe. Hopefully all can be better and unemp Either way, hitting +3% is huge, a lot more than I expected. You have no idea what you are talking about. The market is oversold right now and will correct.... it's trending down again today and if you look at the charts or the technicals this does not look like it will hold at all. Investors like myself and my investor clients are scared to death because they see all of the indicators. As for the GDP.... that is a inflated number due to the stimulus that did nothing for long term growth just a quick bounce and a lot of it has to do with US companies managing their shit and cutting when they needed to do so which leads me to my next point... jobs. This is going to take a long while. a little FF (fun fact) for you..... the numbers do not even reflect those who picked up part time jobs out of necessitiy but still cannot find full time jobs so its actually worse. I am not blaming anyone for anything in this post but what I will say is that it is delusional to think that Obama has done much of anything..... I do know that the national debt is climbibg at a higher rate than ever before. So before you lay out claims please know what the hell you are talking about first. Oh and "projected" means squat You have no idea what you are talking about. Actually it is going as I said, months later. The market is oversold right now and will correct.... it's trending down again today and if you look at the charts or the technicals this does not look like it will hold at all. 2 months later and you're still wrong, the market has shown stability and constant growth. Investors like myself and my investor clients are scared to death because they see all of the indicators. I hope you use the term, "investors" very lightly. As for the GDP.... that is a inflated number due to the stimulus that did nothing for long term growth just a quick bounce and a lot of it has to do with US companies managing their shit and cutting when they needed to do so which leads me to my next point... jobs. Sure it's largely inflated by the stimulus, vs TAX CUTS MY FRIENDS being nonexistent to even artifical growth, AKA the Great Depression. I'll hold my reservations as for long-term growth.....your predictions seem a little (lot) off. a little FF (fun fact) for you..... the numbers do not even reflect those who picked up part time jobs out of necessitiy but still cannot find full time jobs so its actually worse. As with every unemp number set, they all have the same type margin for error and don't reflect the people who have dropped off, etc. You've brought in nothing new. I am not blaming anyone for anything in this post but what I will say is that it is delusional to think that Obama has done much of anything..... Yea, the stimulus hasn't helped at all I do know that the national debt is climbibg at a higher rate than ever before. With the Great Republican Recession neccessitating the 700B TARP mess and the stimulus, that is teh cause. Show me any spending of Obama's not aimed at that. So before you lay out claims please know what the hell you are talking about first. Nostradamus predicting the iminent fall of the market....not happening....now I don't know what I'm talking about? Nice one.Oh and "projected" means squat They projected 3%, laid down 3.5%, now revised it to 2.2%.....so how were they so far off at 3%? Projected estimates are usually pretty close. Care to retract any genius assertions? Quote Share this post Link to post Share on other sites
Lucky... 0 #91 December 27, 2009 It's official, Stanley will be running from this one, too. He wrote me to tell me as much. Quote Share this post Link to post Share on other sites
timmyfitz 0 #92 December 28, 2009 Awesome. You've got Stanley (whoever he is?) on the run. Your post on some obscure website will change the minds of many. You are making the world a better place. You win. Glad to see you back Lucky. I haven't had a good laugh in a while. Quote Share this post Link to post Share on other sites
Belgian_Draft 0 #93 December 28, 2009 Don't you just hate it when somebody resuurects a 2-month dead thread? They're (the threads) like zombies that just won't go away. HAMMER: Originally employed as a weapon of war, the hammer nowadays is used as a kind of divining rod to locate the most expensive parts adjacent the object we are trying to hit. Quote Share this post Link to post Share on other sites
Rstanley0312 1 #94 December 28, 2009 Quote Don't you just hate it when somebody resuurects a 2-month dead thread? They're (the threads) like zombies that just won't go away. I hate more when a person I don't care about PM's me garbage like I care. So I have to see the thread up again and get PM's from Lucky..... no more tho.... Lucky is blocked. I get enough junk mail. Life is all about ass....either you're kicking it, kissing it, working it off, or trying to get a piece of it. Muff Brother #4382 Dudeist Skydiver #000 www.fundraiseadventure.com Quote Share this post Link to post Share on other sites
kelpdiver 2 #95 December 28, 2009 Quote Don't you just hate it when somebody resuurects a 2-month dead thread? They're (the threads) like zombies that just won't go away. Nevermind the 2 monther - he resurrected a 5 year old thread. PhillyKev briefly lived again. Quote Share this post Link to post Share on other sites
Lucky... 0 #96 December 29, 2009 Quote Awesome. You've got Stanley (whoever he is?) on the run. Your post on some obscure website will change the minds of many. You are making the world a better place. You win. Glad to see you back Lucky. I haven't had a good laugh in a while. Which website, I probably posted several. Yea, I realize you're being sarcastic, but love how me mans-up and admits his stock prediction was incredibly wrong. Just a way to attack Obama: FAIL. Now he blocked my PM. Goes to shjow, kids, don't make ridiculous predictions in areas you know little/nothing. The market can fluctuate/decline, and if ya hang around long enough it will tanb again, probably following/during the next Great Republican Recession/Depression. Quote Share this post Link to post Share on other sites
Lucky... 0 #97 December 29, 2009 Quote Don't you just hate it when somebody resuurects a 2-month dead thread? They're (the threads) like zombies that just won't go away. When someone makes a prediction, unless you have a crystal ball, that is necessary. Quote Share this post Link to post Share on other sites
Lucky... 0 #98 December 29, 2009 Quote Quote Don't you just hate it when somebody resuurects a 2-month dead thread? They're (the threads) like zombies that just won't go away. I hate more when a person I don't care about PM's me garbage like I care. So I have to see the thread up again and get PM's from Lucky..... no more tho.... Lucky is blocked. I get enough junk mail. Lucky is blocked. Owwwww, you're a sthcary dude - you blocked PM's so I can't remind you how wrong you are with your stock predictions. Hey, if ya hate Obama, stick with your allegations of him being a Musslim terrorist or about the death squads, leave out stock predictions that are ridiculous at best. BTW, how are those shorts doing? Quote Share this post Link to post Share on other sites
Lucky... 0 #99 December 29, 2009 Quote Quote Don't you just hate it when somebody resuurects a 2-month dead thread? They're (the threads) like zombies that just won't go away. Nevermind the 2 monther - he resurrected a 5 year old thread. PhillyKev briefly lived again. I don't even know who he is, I was looking for this genius thread and read that - sounded good. Hmmm, wonder why conservatives don't like history? http://zfacts.com/p/318.html Quote Share this post Link to post Share on other sites
kallend 2,148 #100 December 29, 2009 During the 8 years of the BUSH presidency, the S&P 500 index fell 53%, while inflation added 21% to consumer prices. SO much for Voodoo Economics.... 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
