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Dow up!!!!

Bullhauler

Well-known member
aplusmnt said:
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:

Dow seems to be doing pretty good for the last week of October. If you could read you could go back to the reply I gave you ten pages or so ago. The President always gets both the credit and the blame for how the market moves.

Since the market was way up today I guess the Obama rally continues. Dow will probably blow past 11000 before the end of the year. Too bad you didn't get in back when I started this thread.
 

aplusmnt

Well-known member
Bullhauler said:
aplusmnt said:
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:

Dow seems to be doing pretty good for the last week of October. If you could read you could go back to the reply I gave you ten pages or so ago. The President always gets both the credit and the blame for how the market moves.

Since the market was way up today I guess the Obama rally continues. Dow will probably blow past 11000 before the end of the year. Too bad you didn't get in back when I started this thread.

:lol: :lol: I knew you would reply today, you avoided the subject for the past few days because you did not want to accept Obama would have been a failure.

Point you have missed on what I have said is the market will move sideways for a long time, we will have days like today and then next week we will probably lose it back again. My point is you know nothing about what you are talking. Obama has did nothing to help the market, sure he has did things to hurt it, but you can not show any legislation he has done to help it.

What we have now is people playing with the market and buying and selling on every single earnings release. When it goes up there is no real growth, just artificial numbers and that is why it moves back down or sideways as I have stated.

Sure the market had to get back up because when it crashed it crashed way lower than actual value so it had to go up some. Now that it is about were it should be it will move sideways for some time. Some days it will be small movement then there will be days with big movement both ways.

I imagine we will even see another big bust in near future and it will be back around 7,000 and then it will move up again to 10,000 but when that happens it will not be an Obama rally it will be people playing and looking for bargains again just like this time.

In summary Obama has did nothing to grow the market, he has just did much to make it less stable than it was before. It will be a roller coaster ride for a few years.
 
A

Anonymous

Guest
The market will see 6000 before April 15th 2010 :wink:

Anyone care to wager their best cow?
 
A

Anonymous

Guest
My Kimberly Clark (Depends and Kleenex) stock is rising too fast with the rightwingernut extremists crying/peeing in the wind-- so need to bring a few of you naysayers back to reality.... :wink:

I know you want the Bush Bust to make the country fail- and bring anarchy-- but the average Americans will pull it thru..... :D
I have faith in the American public as a whole......

Economy finally back in gear

Last Updated: October 29, 2009: 12:46 PM ET


NEW YORK (CNNMoney.com) -- The U.S. economy grew at a 3.5% annual rate in the third quarter, ending a string of declines over four quarters that resulted in the most severe slide since the Great Depression. But some economists raised doubts about how long such strong growth can last.

The increase in GDP, reported by the government Thursday morning, was slightly better than expectations. Economists surveyed by Briefing.com had forecast 3.2% growth in gross domestic product, the broadest measure of the nation's economic activity. The economy shrank at a 0.7% rate in the second quarter.

The positive GDP report is one more sign that the economy has likely pulled out of the deep recession that started in December 2007.
------------

DOW- up 199.89+2.05% 9,962.58
NASDAQ up 37.94+1.84% 2,097.55
S&P 500 up 23.48+2.25% 1,066.11
 

hypocritexposer

Well-known member
Oldtimer said:
My Kimberly Clark (Depends and Kleenex) stock is rising too fast with the rightwingernut extremists crying/peeing in the wind-- so need to bring a few of you naysayers back to reality.... :wink:

I know you want the Bush Bust to make the country fail- and bring anarchy-- but the average Americans will pull it thru..... :D
I have faith in the American public as a whole......

Economy finally back in gear

Last Updated: October 29, 2009: 12:46 PM ET


NEW YORK (CNNMoney.com) -- The U.S. economy grew at a 3.5% annual rate in the third quarter, ending a string of declines over four quarters that resulted in the most severe slide since the Great Depression. But some economists raised doubts about how long such strong growth can last.

The increase in GDP, reported by the government Thursday morning, was slightly better than expectations. Economists surveyed by Briefing.com had forecast 3.2% growth in gross domestic product, the broadest measure of the nation's economic activity. The economy shrank at a 0.7% rate in the second quarter.

The positive GDP report is one more sign that the economy has likely pulled out of the deep recession that started in December 2007.
------------

DOW- up 199.89+2.05% 9,962.58
NASDAQ up 37.94+1.84% 2,097.55
S&P 500 up 23.48+2.25% 1,066.11

and this was accomplished how, OT?

Cash for clunkers? In other words from Peter to pay Paul. Redistribution. All they have done is pull future demand into the present.

GDP without the Cash for clunkers program would have been about 1.9%

So next quarter, if GDP growth does not pick up an additional 1.5%, there is a danger that it will be negative, close to zero again.

My numbers might be off a bit, but you get the point.


f.gif
 

Bullhauler

Well-known member
Pig Farmer said:
The market will see 6000 before April 15th 2010 :wink:

Anyone care to wager their best cow?

Why would I want a shelly old sale barn cull that you call a cow? Also why would you want to cut your herd by fifty percent?
 

aplusmnt

Well-known member
Wow OT is positive now, for years all we heard from him was how bad things were, even though they were doing good and now we hear how good things are when they are doing bad...........lol
 

hopalong

Well-known member
Bullhauler said:
Pig Farmer said:
The market will see 6000 before April 15th 2010 :wink:

Anyone care to wager their best cow?

Why would I want a shelly old sale barn cull that you call a cow? Also why would you want to cut your herd by fifty percent?

So you could increase your herd by 100% :D :D
 

hopalong

Well-known member
aplusmnt said:
Wow OT is positive now, for years all we heard from him was how bad things were, even though they were doing good and now we hear how good things are when they are doing bad...........lol

Reckon he is spending too much time in all the chat rooms and other forums to have any kind of an idea as to what is really going on!!! :wink:
 
A

Anonymous

Guest
Bullhauler said:
Pig Farmer said:
The market will see 6000 before April 15th 2010 :wink:

Anyone care to wager their best cow?

Why would I want a shelly old sale barn cull that you call a cow? Also why would you want to cut your herd by fifty percent?

You must be lookin at some of your kin BH.

You might want to look at your nest egg and if you have it in stocks its going to take flight.

Matter of fact the only thing you will ever remember or be able to reflect on in you life that dispersed any quicker will be reflecting back to badax, alice, fff, kola, r2 and all the other libs takin flight from ranchers in shame.

Now that you can take to the bank. One more thing come spring If I am alive I will pull this thread back up and kind of rub a little salt in your wounds so to speak. :wink:
 

aplusmnt

Well-known member
Yooo hoooo Bullhauler what did I tell you, only took one day and the Obama rally of yesterday is gone plus another 60 points or so. Down 249.85 today.

Are you seeing it now? Sideways and hysteria on every economic news release. No real growth is happening, just speculators looking to make money then short it then long it then short it.

Going to be like this for a long time, only way the market will get truly stable is for true slow growth not just more cooked numbers out of Washington or Wall Street.
 

MoGal

Well-known member
http://globaleconomicanalysis.blogspot.com/2009/10/market-cheers-over-ugly-gdp-report.html

interesting article to read, here's a part of it:

Cheering Over Ugly Report

Today the market is cheering over what is actually an ugly report.

A misguided Cash-for-Clunkers added a one-time contribution of 1.66 percentage points to GDP. Auto sales have since collapsed so all the program did is move some demand forward.

Government spending increased at 7.9 percent in the third quarter which is certainly nothing to cheer about.

Personal income decreased $15.5 billion (0.5 percent), while real disposable personal income decreased 3.4 percent, in contrast to an increase of 3.8 percent last quarter. Those are horrible numbers.

The savings rate is down, which no doubt has misguided economists cheering, but people spending more than they make is one of the things that got us into trouble.

The only bright spot I can find is exports. However, even there we must not get too excited as imports rose much more.

---------------------
ah but don't worry, Obama is going to fix it next weekend Nov. 7-8 at G20 meeting when the US pushes for the IMF to have more say (and in my opinion that means the IMF will suggest a global currency):
http://www.reuters.com/article/topNews/idUSTRE58G34Z20090921?sp=true
 

backhoeboogie

Well-known member
Bullhauler said:
Pig Farmer said:
The market will see 6000 before April 15th 2010 :wink:

Anyone care to wager their best cow?

Dang pigfarmer missed that one by a mile didn't you???

It is going to take off in the fall of '12. Count on it. Lots of folks are going to be getting in before the next president is elected. Get in while Obama is there and stocks are down. The economy will take off with the next president but stocks will rise just before he is elected. The Dems will again take credit for the rise that fall. Just like they blame the repubs for the drop when their guy gets elected.
 
A

Anonymous

Guest
Bullhauler said:
Pig Farmer said:
The market will see 6000 before April 15th 2010 :wink:

Anyone care to wager their best cow?

Dang pigfarmer missed that one by a mile didn't you???

Yep-- and the huge inflation- and high interest rates that were predicted by the Fearmongers hasn't come be-- in fact most economist are predicting a continued period of deflation until the jobs market can began recovering from the Bush Bust....

I even heard the head of the Carroll College Business/Economics studies (probably the most conservative private Catholic (produces all the conservative MT politicians) colleges in Montana)- Dr. Pohlman on TV the other day saying that the overall Obama Stimulus/Jobs bill was a success-- and altho he thought like every government funded program, it was too loaded with pork and unnecessary special interest monies-- that it was need for- and is putting the country back on the road to recovery...

And just as I predicted- taking a lead from what Pat Goggins says- in times of a repressed economy- cattle prices are booming back...
 

hypocritexposer

Well-known member
I know this headline will make Democrats explode because they want to credit Obama’s Stimulus with the improving economy, and Republicans probably don’t like it that an economy with an Unemployment Rate of 9.7%, record foreclosures, and trillions in deficits is being called an “improving” thing. But regardless where you fit in, please continue reading

The economy in some areas is now better than a year ago. A main reason is, that businesses and people in general have confidence that the Democrats will lose their working majorities in Congress or perhaps be pushed into the minority. In turn, Democrats won’t be able to inflict more damage on business

http://yossigestetner.com/2010/04/14/economy-improving-due-to-republicans/
 

backhoeboogie

Well-known member
hypocritexposer said:
I know this headline will make Democrats explode because they want to credit Obama’s Stimulus with the improving economy, and Republicans probably don’t like it that an economy with an Unemployment Rate of 9.7%, record foreclosures, and trillions in deficits is being called an “improving” thing. But regardless where you fit in, please continue reading

The economy in some areas is now better than a year ago. A main reason is, that businesses and people in general have confidence that the Democrats will lose their working majorities in Congress or perhaps be pushed into the minority. In turn, Democrats won’t be able to inflict more damage on business

http://yossigestetner.com/2010/04/14/economy-improving-due-to-republicans/

I read the whole thing. He must have read my mind :D Yes I got out when I started hearing Obama and Pelosi. Thank goodness. Those that hung in the market lost their tails.
 

Steve

Well-known member
OldTimer said:
in fact most economist are predicting a continued period of deflation until the jobs market can began recovering

deflation... is not good either..

can you "predict" when the Obama job market will recover?

for our countries sake sooner would be better.. for Obma's "legacy" it doesn't seem to matter.. so I guess the real question is "does he really care"?
seven-dwarfs-unemployment.jpg
 

aplusmnt

Well-known member
Oldtimer said:
Bullhauler said:
Pig Farmer said:
The market will see 6000 before April 15th 2010 :wink:

Anyone care to wager their best cow?

Dang pigfarmer missed that one by a mile didn't you???

Yep-- and the huge inflation- and high interest rates that were predicted by the Fearmongers hasn't come be-- in fact most economist are predicting a continued period of deflation until the jobs market can began recovering from the Bush Bust....

I even heard the head of the Carroll College Business/Economics studies (probably the most conservative private Catholic (produces all the conservative MT politicians) colleges in Montana)- Dr. Pohlman on TV the other day saying that the overall Obama Stimulus/Jobs bill was a success-- and altho he thought like every government funded program, it was too loaded with pork and unnecessary special interest monies-- that it was need for- and is putting the country back on the road to recovery...

And just as I predicted- taking a lead from what Pat Goggins says- in times of a repressed economy- cattle prices are booming back...


If you do not think inflation has hit us you are crazy! Things have not only gone up but package sizes have got smaller. The numbers are being tweaked. Especially when they say a Candy bar has not gone up but they do not look at the fact that it is an ounce smaller.

Wife bought a bar of Irish Spring soap a couple days ago, went to use it and something just did not feel right about the bar, then I realized they had made the bar smaller in size.

Look at McDonalds, they use to offer a Double Cheeseburger for $1 but now you get a McDouble for a $1 difference is one less piece of cheese. That is called inflation even if the government does not count it.

Gas is $1 a gallon higher now than when Obama took office.

As for interest rates I believe they have went up just a little in past month, but the scare is they are doing what Democrats do best, they are keeping them to low so when it hits it will be a bust and probably happen when the Republicans take office this year in Congress and in a couple years as President. That is what Democrats do, they don't fight terrorist so a Republican has to do it, they screw with economy so a Republican has to do it.
 

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