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View Poll Results: Where will the DOW be on June 1 this year?
Over 8500 9 29.03%
Over 7500 1 3.23%
Under 7500 7 22.58%
Under 6500 14 45.16%
Voters: 31. You may not vote on this poll

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  #1  
Old 02-26-2009, 01:34 PM
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DOW- Bear or Bull?

Where is the DOW gonna be on June 1, 09?

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  #2  
Old 02-26-2009, 01:35 PM
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I can't bear the bull.
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  #3  
Old 02-26-2009, 03:23 PM
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If only I could know something like that.
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  #4  
Old 02-26-2009, 03:42 PM
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I guess between the first 2.
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  #5  
Old 02-26-2009, 05:41 PM
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Crash Proof by Peter Schiff
http://www.europac.net/

Just finished reading this, not sure how much I believe.

Predicting dollar collapse due to gov debt, printing
money off the gold standard, Asia stops buying treasuries
after loosing trust in the dollar

Solution:
30% gold, ETF's, mining stocks
70% foreign stocks/bonds
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  #6  
Old 02-26-2009, 11:24 PM
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The Dow will be over 10000 because with the massive infusion of dollars into the economy the dollar will be worth much less and people will realize that stocks represent hard assets.

BTW I know nothing about this subject. Our Mercedes vehicles will double in value too.
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  #7  
Old 02-27-2009, 12:48 AM
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Quote:
Originally Posted by raslaje View Post
The Dow will be over 10000 because with the massive infusion of dollars into the economy the dollar will be worth much less and people will realize that stocks represent hard assets.

BTW I know nothing about this subject. Our Mercedes vehicles will double in value too.
Telepathy, owl gut reading, and phrenology inform my stock market acumen. Send me $100 and I 'll tell you the secrets of my vast empire.
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  #8  
Old 02-27-2009, 12:51 AM
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At the rate pretty low...but as long as I can still buy booze I'll be happy. I have given up on just about everything else that isn't food, clothing, or shelter.
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  #9  
Old 02-27-2009, 04:42 AM
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I'd like to buy a supertanker full of crude oil. That seems like the item that is unnaturally cheap these days. OPEC cuts will kick the price up at some point, probably within six months.

Is there a stock or ETF equivalent where I can invest in the same thing but at a smaller amount? I don't want the overhead of the whole oil company like Exxon or Chevron, I just want the oil itself. There is some chance the oil companies operating in the USA are going to come under socialist regulation limiting profits.

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  #10  
Old 02-27-2009, 10:14 AM
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As the 'earnings' or lack of earning going forward are reported, the market will adjust it's way down to maintain the historic p.e. ratio of around 14-15 and even further down to an average p.e. of possibly 10 as the selling momentum and sentiment leave the street.
I have been hearing of an average negative earnings forecast for either the Dow 30 or the s&p 500. ....With no earnings there is no p.e. ratio.
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  #11  
Old 02-27-2009, 03:12 PM
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Quote:
Originally Posted by Botnst View Post
Telepathy, owl gut reading, and phrenology inform my stock market acumen. Send me $100 and I 'll tell you the secrets of my vast empire.
For me, it's the cellphone, chicken crap and Old Spice...one's in my ear, the other better be on my shoes and the last should be on my face...then it's off to work for another of today's valued dollars...

Oh, and the latter should cover the smell of good, old, hard-working sweat...that's the stuff bull-markets are made off...not the crap on my shoes...
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  #12  
Old 02-28-2009, 08:37 AM
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almost off the first page of OD... so bump.
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  #13  
Old 03-05-2009, 03:39 PM
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So much for 6500. Looks like we are headed back to around 4500. Plenty of good buying opportunities coming up. How bout the billions of $ pissed away on GM and it looks like they are still going to file chapter 11. Hopefully, they won't throw anymore billions towards it.
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  #14  
Old 03-05-2009, 04:14 PM
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Quote:
Originally Posted by Botnst View Post
Telepathy, owl gut reading, and phrenology inform my stock market acumen. Send me $100 and I 'll tell you the secrets of my vast empire.
And you'll probably do better than the "experts"
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  #15  
Old 03-05-2009, 05:13 PM
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After this week I think I'll need a new owl.

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