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[General Discussion] Topic: The Stock Market |
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surfertodd |
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#1 Posted: 8/3/2012 6:46:39 PM WTF is going on? The economy sucks, here and abroad. Seems like gold should be through the roof and the stock market should be tanking with the devalue of U.S. dollar. Can anyone smarter then me please explain? |
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chilitokid |
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#2 Posted: 8/3/2012 7:00:30 PM Simple, the stock market is a rigged game in which the game means absolutely nothing. Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
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surfertodd |
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#3 Posted: 8/3/2012 7:14:49 PM QUOTE Originally Posted by chilitokid:
Simple, the stock market is a rigged game in which the game means absolutely nothing. Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
Thanks for the insight.  Do you forget the part where I asked for anyone smarter then me? |
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bigvern1013 |
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#4 Posted: 8/3/2012 7:52:29 PM It is an election year......the commodities are being held in check by the institutional investors (investment banks have been selling in the short term while staying bullish for the long run). This is a concerted effort to prop up the dollar and keep energy prices in relative check until november.
Real unemployment rates are as high as they have ever been (some estimates are in the 24% range, but I don't put much stock in anyone's numbers), most of middle class america and many baby-boomer retirees are still stuck in underwater properties.......so whom is buying blue chip stocks to keep the Dow around 13000 and where is the liquidity coming from????
In my opinion, the same cash that is pumping the stock market up is selling gold, crude oil, silver in order to float the dollar for a few more rounds.
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chilitokid |
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#5 Posted: 8/3/2012 9:05:51 PM QUOTE Originally Posted by surfertodd:
Thanks for the insight.  Do you forget the part where I asked for anyone smarter then me? What part don't you understand? You want to to splain it to you like a 3rd grader?
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searchwarrant |
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#6 Posted: 8/3/2012 9:46:55 PM Simple, the stock market is a rigged game in which the game means absolutely nothing. Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
Absolutely right. |
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bigvern1013 |
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#7 Posted: 8/3/2012 9:53:42 PM QUOTE Originally Posted by searchwarrant: Simple, the stock market is a rigged game in which the game means absolutely nothing. Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
Absolutely right.
No doubt the big boys have a tremendous amount of influence on our markets, but they are fallible just like anyone.
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pulledclear |
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#8 Posted: 8/3/2012 10:32:42 PM  |
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depeche2 |
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#9 Posted: 8/3/2012 10:57:19 PM Stock market is about relatives prices, performance relative to expectation and future prediction. The economy is not as bad as the media and right-wingers want you to believe.
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Kelly_Slater |
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#10 Posted: 8/3/2012 11:21:25 PM QUOTE Originally Posted by depeche2:
Stock market is about relatives prices, performance relative to expectation and future prediction. The economy is not as bad as the media and right-wingers want you to believe.
You sir have no idea what you are talking about. |
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SirJohnDrake |
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#11 Posted: 8/4/2012 12:40:21 AM Quote Posted by surfertodd:
WTF is going on? The economy sucks, here and abroad. Seems like gold should be through the roof and the stock market should be tanking with the devalue of U.S. dollar. Can anyone smarter then me please explain?
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Don't come to this site and ask these degenerates questions like that...lol

If you want to keep up to date with what's going on watch fox news for your information.
The reason why the stock when up nice today is because there was good news about new jobs created...I forgot the exact figures but hey like I said get your news from fox news.
Fox news is fair and balanced. 

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SirJohnDrake |
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#12 Posted: 8/4/2012 12:48:21 AM Just checked and found that US employers added 163,000 new jobs last month and it was reported today and so that's why the stock market made a nice gain when investors heard the jobs report today.

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JimmyDrizzl |
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#13 Posted: 8/4/2012 5:51:55 AM From what I hear this is the reason the stockmarket is doing well right now: The perception by investors is that the sorry lame behind anti-business president now in the white house will lose big in the fall elections. Romney and his team will take over and get the huge pile of crap known as Washington cleaned up. |
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thorpe |
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#14 Posted: 8/4/2012 9:58:24 AM QUOTE Originally Posted by bigvern1013:
so whom is buying blue chip stocks to keep the Dow around 13000 and where is the liquidity coming from????
The people who would normally buy CDs or other Fixed Income are buying the Blue Chips for the dividends. Money doesn't grow too fast at half a percent.
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depeche2 |
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#15 Posted: 8/4/2012 12:41:59 PM QUOTE Originally Posted by JimmyDrizzl:
From what I hear this is the reason the stockmarket is doing well right now: The perception by investors is that the sorry lame behind anti-business president now in the white house will lose big in the fall elections. Romney and his team will take over and get the huge pile of crap known as Washington cleaned up.
False. Everyone knows that Romney is going to lose. Wall Street has access to intrade.com.
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esplanade |
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#16 Posted: 8/4/2012 1:37:37 PM QUOTE Originally Posted by depeche2:
Stock market is about relatives prices, performance relative to expectation and future prediction. The economy is not as bad as the media and right-wingers want you to believe.
The same media that's deep in the tank for obama 
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ShadowWarrior |
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#17 Posted: 8/4/2012 1:41:58 PM Mormons will never take the Oval Office. group will not stand for it. Probably the Aryan Brotherhood and the NAACP certainly will be against. Oil companies rule the world and their profits. Banks have a lot of money. The Mayan calendar says we will end soon. The Book of Revelations says so. |
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JimmyDrizzl |
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#18 Posted: 8/4/2012 1:43:28 PM True story from this morning sets the result of the fall election in stone..Bet on it...
I went to the local supermarket specifically to get a watermelon and was wandering around the produce section when I started talking to a store employee that was stocking the shelves.
He was a young tall black kid that I guessed to be in his early twenties. I am an outspoken average white male fool most of the time and as we were discussing watermelon I aked his age.
He said 26..I then blurted out seeing that he was a black person this " So are you going to vote for Obama again?"
His answer knocked me over..He said " Four years ago, yes I voted for him, but not this time. I am older now and know more about what is going on now"
We chatted for about 5 minutes...A really pleasant, decent, hard working young man that now can see what the future holds for him under a tax and overspend corrupt government.
At 26 I told him he is starting at the bottom as all of us did and it is up to him to work his way up the ladder...WHAT IS SO HARD FOR THE LIBERALS TO UNDERSTAND THAT THIS IS HOW IT SHOULD BE AND MADE AMERICA GREAT.
NO WORK....NO FREE MONEY AND NO FREE STUFF.
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ShadowWarrior |
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#19 Posted: 8/5/2012 5:30:58 PM Tell that to all the Micronesians here. To the tune of 100 mil a year in entitlements from US govt. of which only 30 mil is returned to state tax payers and the rest comes out of state revenues. Tell that to all the illegal aliens who are bankrupting California! Tell that to China who we owe billions. |
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Biscuiteater1 |
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#20 Posted: 8/5/2012 5:53:59 PM garbage hoss it's the same as it ever was.The rich get richer, and there is nothing wrong with that part. But do the poor have to get poorer? |
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michaelpaul1 |
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#21 Posted: 8/6/2012 9:03:02 AM this country is now comprised of poor and rich...middle class is being squeezed into oblivion...money is our god and as Rome fell after 2 milleniums of reign,ours will after only a couple of hundred years for the same reason...interior degradation... |
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Raisethis2 |
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#22 Posted: 8/6/2012 6:01:42 PM The reasons the market continues to show strength are that the banks have a huge interest in keeping you and I in the game. If our money is on the sidelines they cannot siphon their "take".
Small investors hold high dividend plays rather than CD's and the like.
The economy while weak, has found a level. There's no reason to think either great things or bad things will happen before election day. While Europe is a worry and causes volatility, the huge hedge funds, day traders and bank and brokerage interests like it that way, buy low, sell high. Easy game.
What the average investor doesn't get is that even if Romney wins (and that possibility is getting dimmer) it's not like anything meaningful will happen anytime soon. Do you really think the Democrats will just roll over and support anything Romney advances?
Hell no, they will become the new party of no. Romney will be as frustrated as Obama has been. Guaranteed!!
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bigvern1013 |
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#23 Posted: 8/6/2012 6:10:38 PM QUOTE Originally Posted by thorpe:
The people who would normally buy CDs or other Fixed Income are buying the Blue Chips for the dividends. Money doesn't grow too fast at half a percent.
Dividend based income streams will be a thing of the past if the tax cuts in place now are let to expire at year's end...from 18% to 31% increase...I would think that this potential rake would scare off the average retiree or fixed income investor.
Good point on the interest rates right...safe plays aren't worth a whole lot right now.
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michaelpaul1 |
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#24 Posted: 8/7/2012 11:50:09 AM  |
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The8ofCups |
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#25 Posted: 8/9/2012 4:02:12 AM Chilitokid, who's the babe in your avatar?
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