skc
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- 12 August 2008
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lol around about the 6th minute he calls Hitler a "charismatic guy"
classy
It is time to elect the world leader, and your vote counts. Here are the facts about the three leading candidates:
Candidate A
Associates with crooked politicians, and consults with astrologists. He's had two mistresses. He also chain smokes and drinks quite a few martinis a day.
Candidate B
He was kicked out of office twice, sleeps until noon, used opium in college and drinks a great deal of whisky every evening.
Candidate C
He is a decorated war hero. He's a vegetarian, doesn't smoke, drinks an occasional beer and hasn't had any extramarital affairs.
This was circulated in an email years ago...probably before email days.
Answer here.
http://www.legacee.com/Info/Leadership/Leader_Jokes.html
Belly swell?I'm adjusting my seat belt.
I'm adjusting my seat belt. Next week doesn't look nearly as peachy as last week - how low will we go - joe blow?
So whats your strategy. Do moves down cause fear or excite you. If the market rallied 500 points would you cheer? If it crashed 500 points would you be upset?
I prefer to have a strategy that welcomes both falls and rises. Either way I am happy?
I'm using the same money since 2004 in the market. I'm still down, but I'm on a steep learning curve and am determined to beat the market now. I've been taking advantage of the volatility, and have been clawing some money back in recent months. I am less emotional now about stocks, and am trading far more.
Moves down excite me as much as it strikes fear into my core. If the figures look too bad on a particular day, I'll head out for a surf.
If the market crashed 500 points tomorrow I think I'd be happier than if it went sideways for the next two years - as it has done. Besides I'd like to test my hedge bets.
Jobs report in US was pretty much as bad as could have been expected.
And over there in Europe, that almost looks like a fricken collapse!
Our father who art in heaven, hallowed be thy n........
I've got a gut feeling that this thread will be back on top - where it belongs - next week?
Above link said:report showed the U.S. economy added no jobs last month and the unemployment rate held at 9.1 percent.
http://www.businessweek.com/news/20...s-report-shows-u-s-jobs-growth-stagnates.html
Standing still is not a decline...the uncomfortable will sell and the comfortable will exchange their money for the holdings of the weak...next Fridays US close will be higher than this Fridays close.
Fundamentally 9.1% at this point in the recovery is to be expected and no big deal.
I trade very little, I know the "traders" will disagree, but I don't believe in the gin rummy approach to business, I think of the the companies I own a shares of in the same way I think of the businesses I own 100% of.
What my family business could sell for on any minute of any day is not a concern to me, and neither is what a company I own shares in, except if I decide to either buy out one of my partners because the price is low and I happen to have some cash, or he offers a crazy high price.
What I do care about is the results of the company and how is performing, not the day to day price.
I spend my time thinking about the future of the businesses, and working out a price I can pay to be sure it will work out as a decent investment, and if some one decides to sell part of the business at that price I may take some.
Standing still is not a decline...the uncomfortable will sell and the comfortable will exchange their money for the holdings of the weak...next Fridays US close will be higher than this Fridays close.
Fundamentally 9.1% at this point in the recovery is to be expected and no big deal.
The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts "marginally attached workers and those working part-time for economic reasons." Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the "marginally attached workers" include those who have gotten discouraged and stopped looking, but still want to work.
I can hardly wait for the markets to come down.
If you wait a few more months you can buy at recession prices
If you wait a few more months you can buy at recession prices
Well actually no, it's not expected, at this point in the 'recovery'. It (the unemployment rate) should be a lot lower, if going by past 'recoveries'?
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