Stock market closes above 16000
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  1. #1
    us
    Mar 2012
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    Stock market closes above 16000

    Right now the market is banging on all eight cylinders.

    If nothing else it shows investors confidence in the economy as well as the stock markets.
    Last edited by Native Floridian; Nov 22, 2013 at 09:55 AM.

  2. #2
    Charter Member
    us
    Jul 2006
    Florida
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    Tell that to all the people on unemployment or who have had their hours cut......



    We will NOT go quitely into the night!
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  3. #3
    us
    Jul 2012
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    Those people could all be working TODAY if companies would simply use the many trillions they are sitting on in cash right now to put people back to work. They claim they need lower taxes to hire, but they already have HUGE mountains of cash! Why do they need yet another trillion before they start hiring? What is the "magic number" they need to hold in cash, just so we know up front?

  4. #4
    us
    Darrin

    May 2013
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    The only one with Mountains of cash is the Government, oh wait, that's mountains of Debt - - - Of our money!!! Great Job!!!!

    Nice to see the stock market up - Just wish I had a bunch of dough in there, so i could reap the benefits!
    Trying to find the lost ~


  5. #5
    us
    Mar 2012
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    I don't have to tell it to anyone. The market is a real time indicator of our economic health. That it is reaching new highs is indicative of not only our health but of our confidence in the future.

    During the last 81 years we've had Depression, recession, world war, assassination, impeachment, Nuclear showdown, terrorist attacks, and mortgage meltdown. Everytime the market has gone down, it has come back and gone higher.

    The thought process that defies that history, a history that has seen the Dow Jones industrial average climb from 32 to over 16000, keeps people from participating in one of this country's greatest wealth generating engines.

    BTW, insurance companies, that according to obamacare detractors are supposed to be out of business within the next year, doing well too!
    Last edited by Native Floridian; Nov 22, 2013 at 10:00 AM.

  6. #6
    us
    Darrin

    May 2013
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    Quote Originally Posted by Native Floridian View Post
    I don't have to tell it to anyone. The market is a real time indicator of our economic health. That it is reaching new highs is indicative of not only our health but of our confidence in the future.

    During the last 81 years we've had Depression, recession, world war, assassination, impeachment, Nuclear showdown, terrorist attacks, and mortgage meltdown. Everytime the market has gone down, it has come back and gone higher.

    The thought process that defies that history, a history that has seen the Dow Jones industrial average climb from 32 to over 16000, keeps people from participating in one of this country's greatest wealth generating engines.

    BTW, insurance companies, that according to obamacare detractors, are supposed to be out of business with the next year, doing well too!
    This might help you - https://online.hillsdale.edu/econ101 < - It's a free course in economics. Your Welcome.
    Trying to find the lost ~


  7. #7
    Charter Member
    us
    Jul 2006
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    Quote Originally Posted by Native Floridian View Post
    I don't have to tell it to anyone. The market is a real time indicator of our economic health. That it is reaching new highs is indicative of not only our health but of our confidence in the future.

    During the last 81 years we've had Depression, recession, world war, assassination, impeachment, Nuclear showdown, terrorist attacks, and mortgage meltdown. Everytime the market has gone down, it has come back and gone higher.

    The thought process that defies that history, a history that has seen the Dow Jones industrial average climb from 32 to over 16000, keeps people from participating in one of this country's greatest wealth generating engines.

    BTW, insurance companies, that according to obamacare detractors are supposed to be out of business within the next year, doing well too!
    Tell me something, what was the market doing just before the crash of 1929? What was it doing just before every major correction....
    PLEASE READ OUR RULES. CLICK HERE TO READ ------> TreasureNet.com Rules

    2nd Amendment
    "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed"

    Si vis pacem, para bellum "If you want peace, prepare for war!

    USAF 1967-1971

    I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic..."

    No Expiration Date!

  8. #8
    us
    Mar 2012
    Ft Myers, Florida
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    Quote Originally Posted by TheRingFinder View Post
    This might help you - https://online.hillsdale.edu/econ101 < - It's a free course in economics. Your Welcome.
    The "Loser's Bracket" speaks!
    Last edited by Native Floridian; Nov 22, 2013 at 10:37 AM.
    UncleMatt and mandad76 like this.

  9. #9
    us
    Mar 2012
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    Quote Originally Posted by Treasure_Hunter View Post
    Tell me something, what was the market doing just before the crash of 1929? What was it doing just before every major correction....
    And what has it done after every crash and downturn? Gone to record new highs!

    What next? Someone going to tell me OPEC lowered oil prices in 2008 because they were afraid of us?

  10. #10
    Charter Member
    us
    Jul 2006
    Florida
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    How long after 1929 did it take to return? What did they call the period after 1929?

    We will NOT go quitely into the night!
    PLEASE READ OUR RULES. CLICK HERE TO READ ------> TreasureNet.com Rules

    2nd Amendment
    "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed"

    Si vis pacem, para bellum "If you want peace, prepare for war!

    USAF 1967-1971

    I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic..."

    No Expiration Date!

  11. #11
    us
    Jul 2012
    Albuqerque, NM / Durango, CO
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    mandad76 likes this.

  12. #12
    us
    Jul 2012
    Albuqerque, NM / Durango, CO
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    Quote Originally Posted by TheRingFinder View Post
    This might help you - https://online.hillsdale.edu/econ101 < - It's a free course in economics. Your Welcome.
    What kind of education do you have in economics? Any upper level econ courses from accredited universities? just curious...

  13. #13
    Charter Member
    us
    Jul 2006
    Florida
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    Sounds like your asking or implying a member doesn't have the education to understand economics which violates our rules.



    We will NOT go quitely into the night!
    PLEASE READ OUR RULES. CLICK HERE TO READ ------> TreasureNet.com Rules

    2nd Amendment
    "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed"

    Si vis pacem, para bellum "If you want peace, prepare for war!

    USAF 1967-1971

    I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic..."

    No Expiration Date!

  14. #14
    us
    Mar 2012
    Ft Myers, Florida
    Excal, Sov GT
    1,211
    492 times
    Beach and Shallow Water Hunting
    Quote Originally Posted by Treasure_Hunter View Post
    How long after 1929 did it take to return? What did they call the period after 1929?

    We will NOT go quitely into the night!
    How long did it take to come back after 87, 89, 2001, and 2008?

    I believe that is the relevant time frame for anyone reading this thread.

    Warren Buffet invested in stocks throughout this time period. Warren Buffet is rich!

    That people didn't invest in stocks over this time frame neatly explains why they are not rich.
    mandad76 likes this.

  15. #15
    ca
    Mar 2008
    17
    Here's the puzzle:

    The US is is tremendous debt; but so is the EU countries,S America,..etc.........everybody is in debt. So who has the money?

    On the other hand, if every country owes every country $zillions of debt, why does it matter? The world will continue to function, no?

 

 
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