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Dow up!!!!

TexasBred

Well-known member
hurleyjd said:
I got out just before the bust in 87 under Reagan. Got back in a few days later and made a bundle. Got out just before market went down under Bush Senior. Got back in and made a bigger bundle. Got out just before things went to hell under Clinton. Got back in the down market and made a bigger bundle. Got out just before the bust under Bush junior. I am buying stock now. Just hope history repeats itself.

dam Hurley. You outdid Warrne Buffett and all the big guys...You should be sitting on a mountain top as the stock market guru.
 

Sandhusker

Well-known member
aplusmnt said:
Mike said:
Bullhauler said:
It is fun to go back to page one of this thread and read what all of the self-appointed experts thought was going to happen.

Corporations are cutting back costs tremendously, laying off workers, etc., thus profit margins seem to be doing OK. Even though sales are at the bottom, the balance sheets look to be better than they were just a few years ago.

The P/E ratios are fooling the traditional stock buyers and stocks will be scary when the true pictures show through at about the time the recession starts to recede.

You are explaining things in a way that is way over Bullhaulers pay grade of understanding.

Bullhauler thinks a P/E ratio is how much you get on your pants when urinating upwind.
 

aplusmnt

Well-known member
Sandhusker said:
aplusmnt said:
Mike said:
Corporations are cutting back costs tremendously, laying off workers, etc., thus profit margins seem to be doing OK. Even though sales are at the bottom, the balance sheets look to be better than they were just a few years ago.

The P/E ratios are fooling the traditional stock buyers and stocks will be scary when the true pictures show through at about the time the recession starts to recede.

You are explaining things in a way that is way over Bullhaulers pay grade of understanding.

Bullhauler thinks a P/E ratio is how much you get on your pants when urinating upwind.

:lol: :lol:
 

aplusmnt

Well-known member
backhoeboogie said:
Its going to go up. Commensurate with the forthcoming inflation.

You are correct on the inflation point.

But I also think it will go down again before inflation hits to heavy, I bet we have a big down turn also again.

Today on Happy Hour they pointed out the last time we had the kind of increase we have had these last couple weeks, it was followed by a couple years of going down, if History repeats itself we may see a lot of yo you and sideways action. But eventually it will go up as you point out, inflation will force it to. Everything will go up but that is not a good thing when driven by inflationary reasons.
 
A

Anonymous

Guest
TexasBred said:
hurleyjd said:
I got out just before the bust in 87 under Reagan. Got back in a few days later and made a bundle. Got out just before market went down under Bush Senior. Got back in and made a bigger bundle. Got out just before things went to hell under Clinton. Got back in the down market and made a bigger bundle. Got out just before the bust under Bush junior. I am buying stock now. Just hope history repeats itself.

dam Hurley. You outdid Warrne Buffett and all the big guys...You should be sitting on a mountain top as the stock market guru.

Yes that is the only way that I have been able to stay in the cattle business
 
A

Anonymous

Guest
Best economic indicators since the Bush Bust....DOW- S&P-Nasdaq all up....Fat and feeder futures up...All on a Friday that is usually a profittaking day... :)

Dow and S&P at new '09 highs
Wall Street gains after a smaller-than-expected number of jobs lost and a surprise drop in the unemployment rate.


NEW YORK (CNNMoney.com) -- Stocks rallied Friday, with the Dow and S&P 500 closing at the highest point in nine months, after the July jobs report showed the smallest number of job cuts in nearly a year, adding to recovery hopes.

The Dow Jones industrial average (INDU) gained 114 points, or 1.2%, according to early tallies. The S&P 500 (SPX) index rose 13 points, or 1.3%. The Nasdaq composite (COMP) added 27 points, or 1.4%.

All three indexes finished higher for the week.

Employers cut 247,000 jobs from their payrolls in July after slashing a revised 443,000 jobs in June. Economists surveyed by Briefing.com thought they would cut 325,000 jobs. It was the lowest level of losses since last August.

"It was the best reading on non-farm payrolls since before Lehman's collapse last September, which was the pivotal event that precipitated the crisis," said Jeff Kleintop, chief market strategist at LPL Financial.

The report seemed to confirm other recent indications that the economy is stabilizing.
 

aplusmnt

Well-known member
Oldtimer said:
Best economic indicators since the Bush Bust....DOW- S&P-Nasdaq all up....Fat and feeder futures up...All on a Friday that is usually a profittaking day... :)

Dow and S&P at new '09 highs
Wall Street gains after a smaller-than-expected number of jobs lost and a surprise drop in the unemployment rate.


NEW YORK (CNNMoney.com) -- Stocks rallied Friday, with the Dow and S&P 500 closing at the highest point in nine months, after the July jobs report showed the smallest number of job cuts in nearly a year, adding to recovery hopes.

The Dow Jones industrial average (INDU) gained 114 points, or 1.2%, according to early tallies. The S&P 500 (SPX) index rose 13 points, or 1.3%. The Nasdaq composite (COMP) added 27 points, or 1.4%.

All three indexes finished higher for the week.

Employers cut 247,000 jobs from their payrolls in July after slashing a revised 443,000 jobs in June. Economists surveyed by Briefing.com thought they would cut 325,000 jobs. It was the lowest level of losses since last August.

"It was the best reading on non-farm payrolls since before Lehman's collapse last September, which was the pivotal event that precipitated the crisis," said Jeff Kleintop, chief market strategist at LPL Financial.

The report seemed to confirm other recent indications that the economy is stabilizing.

Like I said before, Obama is facing an uphill battle for once with all his Social programs, Health Care is crumbling, Cap and Trade is slowing. Wall Street likes it when Socialist face obstacles, they gain hope in our system. When Obama told us all he was going to do, the market kept going down, now that a hope that he may not be able to do it is showing the market is going up!

Does not take a rocket scientist to see that!
 

aplusmnt

Well-known member
Bullhauler said:
The Dow closed over 10000 today. Up 55% since March. The Obama rally continues.

What has he done to cause the rally? If it is his doing then their should be a paper trail and signed legislation to back that up!

And remember if you flaunt now then you must accept when it crashes again, because if Obama is the reason for the rally then he will have to be the blame for when it crashes. You can not have your cake and eat it!
 

Bullhauler

Well-known member
aplusmnt said:
Bullhauler said:
The Dow closed over 10000 today. Up 55% since March. The Obama rally continues.

What has he done to cause the rally? If it is his doing then their should be a paper trail and signed legislation to back that up!

And remember if you flaunt now then you must accept when it crashes again, because if Obama is the reason for the rally then he will have to be the blame for when it crashes. You can not have your cake and eat it!

Every time I post on this thread you come back with the same tired response. Go back and read one of the other replies I gave you. You sure don't like to hear good news do you. You must have bought puts like the investor genius sandy did.
 

hypocritexposer

Well-known member
I was betting against the USD. And I was right. (I felt like Soros today)

The market is up, I made money (6% today). That is great news.

Thanks Bullhauler, for bringing it to my attention.

Maybe what you might do from now on, is look to see where the gains are made before celebrating.
 

aplusmnt

Well-known member
Bullhauler said:
aplusmnt said:
Bullhauler said:
The Dow closed over 10000 today. Up 55% since March. The Obama rally continues.

What has he done to cause the rally? If it is his doing then their should be a paper trail and signed legislation to back that up!

And remember if you flaunt now then you must accept when it crashes again, because if Obama is the reason for the rally then he will have to be the blame for when it crashes. You can not have your cake and eat it!

Every time I post on this thread you come back with the same tired response. Go back and read one of the other replies I gave you. You sure don't like to hear good news do you. You must have bought puts like the investor genius sandy did.

I love good news when it is not made on false data. The market is playing games right now, true steady growth is not happening. Unemployment is down, businesses are cutting spending and workers. Bottom lines are being stimulated by cost cutting not strong economic growth.

We gave bail out money to banks that are playing the stock market, nothing is getting made in the U.S. companies are not growing stronger, the markets are not a reflection of strong economic growth anyone with half a sense could see that.

You trying to attribute all this to Obama only shows that you have no real understanding about the Market and how it works you are just a kool aid drinking cut and paste liberal.

Funny thing is if anything the market has been getting better since Obama's policies have been getting slowed down. If and when we see a passing of some health care bill and Cap and trade soon to follow you will see the markets react in some serious way, probably be looking at 7,000 again in a very short span.
 

hypocritexposer

Well-known member
DOW 10,000!!!! Oh Wait, Make That 7,537

Another great representation of the amazing loss of purchasing power by the US public are today's oblivious statements about the Dow at 10,000. While in absolute terms the Dow may cross whatever the Fed thinks is a necessary and sufficient mark before QE begins to taper off (Dow crosses 10k just as Treasury purchases expire), the truth is that over the past 10 years (the first time the DJIA was at 10,000) the dollar has lost 25% of its value. Therefore, we present the Dow over the last decade indexed for the DXY, which has dropped from 100 to about 75. On a real basis (not nominal) the Dow at 10,000 ten years ago is equivalent to 7,537 today! In other words, not only have we had a lost decade for all those who focus on the absolute flatness of the DJIA, but it is also a decade where the US Consumer has lost 25% of purchasing power from the perspective of stocks! You won't hear this fact on the MSM.

http://www.zerohedge.com/article/dow-10000-oh-wait-make-7537
 

aplusmnt

Well-known member
Where did the Obama Rally go? Seems we are back down from 10,000 all the way to 9,800. If Obama was the reason and saviour for why we went up to 10.000 does this now mean he is to blame for it going down 200 points to 9,800? Or is it now skipped past Obama and Bush's fault?

Remember if he gets the credit then he also gets the blame! So by your admission I can now blame Obama for my 401K falling today, right? :wink:


Bullhauler said:
aplusmnt said:
Bullhauler said:
The Dow closed over 10000 today. Up 55% since March. The Obama rally continues.

What has he done to cause the rally? If it is his doing then their should be a paper trail and signed legislation to back that up!

And remember if you flaunt now then you must accept when it crashes again, because if Obama is the reason for the rally then he will have to be the blame for when it crashes. You can not have your cake and eat it!

Every time I post on this thread you come back with the same tired response. Go back and read one of the other replies I gave you. You sure don't like to hear good news do you. You must have bought puts like the investor genius sandy did.
 

Sandhusker

Well-known member
hypocritexposer said:
DOW 10,000!!!! Oh Wait, Make That 7,537

Another great representation of the amazing loss of purchasing power by the US public are today's oblivious statements about the Dow at 10,000. While in absolute terms the Dow may cross whatever the Fed thinks is a necessary and sufficient mark before QE begins to taper off (Dow crosses 10k just as Treasury purchases expire), the truth is that over the past 10 years (the first time the DJIA was at 10,000) the dollar has lost 25% of its value. Therefore, we present the Dow over the last decade indexed for the DXY, which has dropped from 100 to about 75. On a real basis (not nominal) the Dow at 10,000 ten years ago is equivalent to 7,537 today! In other words, not only have we had a lost decade for all those who focus on the absolute flatness of the DJIA, but it is also a decade where the US Consumer has lost 25% of purchasing power from the perspective of stocks! You won't hear this fact on the MSM.

http://www.zerohedge.com/article/dow-10000-oh-wait-make-7537

Excellent point.
 

aplusmnt

Well-known member
O Bullhauler what has happened to the Obama Rally?..........Since you gave him credit for the growth past 10,000 you going to accept he is to blame for it being back down to 9,700 in a short amount of days?

Come on don't be a fair weather supporter, if Obama was the cause of the rally then he has to be the cause of the fall! A ten year old could see that fair is fair! :wink:
 

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