wf3h wrote:
On Oct 15, 10:16 am, Jim wrote:
wf3h wrote:

it's now at 10,000 since obama's president
the facts speak for themselves
Got all your money back, right?-

it's gonna take a LONG time to undo the damage bush and the right wing
did to our country

it's an economics thing. you wouldn't understand

Just pulling your chain.
Please. Don't try to explain it to me.

On Oct 15, 9:34*am, Keith Nuttle wrote:

If you do that you will really lose money. *We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.

guess he thinks obama's been president for 8 years....

seems the right's been in a coma for a long time...but not long enough


The plunge and slide is blamed on President Bush, but he did not refuse
to support the Constitutional mandate of providing a stable money supply
as pelosi did when she killed the first bailout bill on September 28,
2008. *In the next 12 days the market lost 30% of its value (from about
11500 to 8500)

the recession began in 12/07. and the BAILOUT bill was to correct
MARKET FAILURES caused by the right wing. it's like complaining about
a bandage your doctor is putting on to prevent bleeding to death. the
right wing came after the middle class with a rwanda-like intent.


Check the facts yourself athttp://www.google.com/finance?cid=983582
and don't listen to the liberal press.

don't listen to the right wing press in this country...


If you check the history of the markets obama is the third president in
over 100 years that the market responded negatively when they were
elected. *The market lost another 30% of its value from Election day
November 4 2008 until March 10, 2009 when Congress gave obama his first
defeat. (From 9000 to about 6500)

the market was at 6500 when obama took office

it's increase 50%

"Keith Nuttle" wrote in message
...
wrote:
On Wed, 14 Oct 2009 17:45:08 -0400, H the K
wrote:

Dow closes above 10,000 for 1st time in a year
By SARA LEPRO and TIM PARADIS, AP Business Writers

NEW YORK – When the Dow Jones industrial average first passed 10,000,
traders tossed commemorative caps and uncorked champagne. This time
around, the feeling was more like relief.

The best-known barometer of the stock market entered five-figure
territory again Wednesday, the most visible sign yet that investors
believe the economy is clawing its way back from the worst downturn
since the Depression.

The milestone caps a stunning 53 percent comeback for the Dow since
early March, when stocks were at their lowest levels in more than a
decade.

"It's almost like an announcement that the bear market is over," said
Arthur Hogan, chief market analyst at Jefferies & Co. in Boston. "That
is an eye-opener — 'Hey, you know what, things must be getting better
because the Dow is over 10,000.'"

Cheers went up briefly when the Dow eclipsed the milestone in the early
afternoon, during a daylong rally driven by encouraging earnings reports
from Intel Corp. and JPMorgan Chase & Co. The average closed at
10,015.86, up 144.80 points.

It was the first time the Dow had touched 10,000 since October 2008,
that time on the way down.

It might be a good time to pick a "get out alive" price and place your
sell orders.

If you do that you will really lose money. We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.

Once you are out, you will probably not get back in until you have lost a
ton of money as the market moves beyond the point you got out. We
considered getting out when the market was in the pelosi plunge and obama
slide. If we had wimped out then we would have hesitated to get back in
until the until we had lost big time.

The plunge and slide is blamed on President Bush, but he did not refuse to
support the Constitutional mandate of providing a stable money supply as
pelosi did when she killed the first bailout bill on September 28, 2008.
In the next 12 days the market lost 30% of its value (from about 11500 to
8500)

Check the facts yourself at
http://www.google.com/finance?cid=983582
and don't listen to the liberal press.

If you check the history of the markets obama is the third president in
over 100 years that the market responded negatively when they were
elected. The market lost another 30% of its value from Election day
November 4 2008 until March 10, 2009 when Congress gave obama his first
defeat. (From 9000 to about 6500)

Those three presidents were Woodrow Wilson who had to change his mind on
the war with Europe, Jim Carter who still does not understand what is
going on, and obama who still thinks he is a community rabble rouser.

Check the facts yourself at
http://www.google.com/finance?cid=983582
and don't listen to the liberal press.

It is the next bubble. The banks are the one leading the charge, and that
is because the Fed's are pumping huge amounts of money in to them. Put some
stops losses and you may not lose all the money you lost on the last ride
down. This is a trading market, not an investment market. The unemployment
is still growing, people are not spending, the dollar is dropping in value,
is the driving large increase in commodities prices.

On Oct 15, 11:51*am, wrote:
On Thu, 15 Oct 2009 09:34:37 -0400, Keith Nuttle

wrote:
It might be a good time to pick a "get out alive" price and place your
sell orders.

If you do that you will really lose money. *We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.

OK do what you want but I bet there is a correction and you can buy
your position back for about 60-70%% of where it was when you sold it.

Some day soon it will occur to Wall Street that the American consumer
is broke. The fat cats may still be getting their bonuses but we still
have double digit unemployment and worse "underemployment" where
skilled trades are wearing orange aprons in empty Home Depots.

Real recovery will start when the middle class recovers.That hasn't
happened yet

and we'll just keep voting the rich into office because they tell us
they deserve to be rich

wf3h wrote:
On Oct 15, 11:51 am, wrote:
On Thu, 15 Oct 2009 09:34:37 -0400, Keith Nuttle

wrote:
It might be a good time to pick a "get out alive" price and place your
sell orders.
If you do that you will really lose money. We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.
OK do what you want but I bet there is a correction and you can buy
your position back for about 60-70%% of where it was when you sold it.

Some day soon it will occur to Wall Street that the American consumer
is broke. The fat cats may still be getting their bonuses but we still
have double digit unemployment and worse "underemployment" where
skilled trades are wearing orange aprons in empty Home Depots.

Real recovery will start when the middle class recovers.That hasn't
happened yet

and we'll just keep voting the rich into office because they tell us
they deserve to be rich

You mutts need to start thinking for yourselves.

wrote in message
news
On Thu, 15 Oct 2009 09:34:37 -0400, Keith Nuttle
wrote:

It might be a good time to pick a "get out alive" price and place your
sell orders.

If you do that you will really lose money. We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.

OK do what you want but I bet there is a correction and you can buy
your position back for about 60-70%% of where it was when you sold it.

Some day soon it will occur to Wall Street that the American consumer
is broke. The fat cats may still be getting their bonuses but we still
have double digit unemployment and worse "underemployment" where
skilled trades are wearing orange aprons in empty Home Depots.

Real recovery will start when the middle class recovers.That hasn't
happened yet


There will likely be a correction toward the end of the year. This is what
I've heard from several sources. That doesn't mean it'll be a dramatic
correction. Corrections are normal and expected. It's foolish in the extreme
to attempt to time the market. The best strategy is dollar cost averaging
and diversification, both domestically and in foreign markets. The technical
recovery has begun, but unemployment will continue to climb, likely to 10 or
even 11 percent. That, coupled with underemployment and a rise in
foreclosures will likely continue for the next year or so. There's a
demographic shift also going on to an older population, and this will
continue to put pressure on the economy, as healthcare costs continue to
rise unless something dramatic is done.

My guess is that something fairly dramatic will be done regarding the
insurance company cartel (they are exempt from anti-trust laws). This will
likely get a lot of attention in the next few months. Certainly, over the
next few years, the insurance companies will prove to the general public
(and to Congress) that the current system is unsustainable, as many in both
groups still don't believe it. When that happens, it would probably be best
not to be heavily invested in such companies.

Thus spake the Oracle. lol


--
Nom=de=Plume

On 10/15/09 12:51 PM, nom=de=plume wrote:
wrote in message
news
On Thu, 15 Oct 2009 09:34:37 -0400, Keith Nuttle
wrote:

It might be a good time to pick a "get out alive" price and place your
sell orders.

If you do that you will really lose money. We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.

OK do what you want but I bet there is a correction and you can buy
your position back for about 60-70%% of where it was when you sold it.

Some day soon it will occur to Wall Street that the American consumer
is broke. The fat cats may still be getting their bonuses but we still
have double digit unemployment and worse "underemployment" where
skilled trades are wearing orange aprons in empty Home Depots.

Real recovery will start when the middle class recovers.That hasn't
happened yet


There will likely be a correction toward the end of the year. This is what
I've heard from several sources. That doesn't mean it'll be a dramatic
correction. Corrections are normal and expected. It's foolish in the extreme
to attempt to time the market. The best strategy is dollar cost averaging
and diversification, both domestically and in foreign markets. The technical
recovery has begun, but unemployment will continue to climb, likely to 10 or
even 11 percent. That, coupled with underemployment and a rise in
foreclosures will likely continue for the next year or so. There's a
demographic shift also going on to an older population, and this will
continue to put pressure on the economy, as healthcare costs continue to
rise unless something dramatic is done.

My guess is that something fairly dramatic will be done regarding the
insurance company cartel (they are exempt from anti-trust laws). This will
likely get a lot of attention in the next few months. Certainly, over the
next few years, the insurance companies will prove to the general public
(and to Congress) that the current system is unsustainable, as many in both
groups still don't believe it. When that happens, it would probably be best
not to be heavily invested in such companies.

Thus spake the Oracle. lol




I think the health insurers should lose their anti-trust exemptions.
Frankly, I don't know what public purpose private, for-profit health
insurers serve.

--
http://tinyurl.com/ykaa4k7

"H the K" wrote in message
m...
On 10/15/09 12:51 PM, nom=de=plume wrote:
wrote in message
news
On Thu, 15 Oct 2009 09:34:37 -0400, Keith Nuttle
wrote:

It might be a good time to pick a "get out alive" price and place your
sell orders.

If you do that you will really lose money. We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.

OK do what you want but I bet there is a correction and you can buy
your position back for about 60-70%% of where it was when you sold it.

Some day soon it will occur to Wall Street that the American consumer
is broke. The fat cats may still be getting their bonuses but we still
have double digit unemployment and worse "underemployment" where
skilled trades are wearing orange aprons in empty Home Depots.

Real recovery will start when the middle class recovers.That hasn't
happened yet


There will likely be a correction toward the end of the year. This is
what
I've heard from several sources. That doesn't mean it'll be a dramatic
correction. Corrections are normal and expected. It's foolish in the
extreme
to attempt to time the market. The best strategy is dollar cost averaging
and diversification, both domestically and in foreign markets. The
technical
recovery has begun, but unemployment will continue to climb, likely to 10
or
even 11 percent. That, coupled with underemployment and a rise in
foreclosures will likely continue for the next year or so. There's a
demographic shift also going on to an older population, and this will
continue to put pressure on the economy, as healthcare costs continue to
rise unless something dramatic is done.

My guess is that something fairly dramatic will be done regarding the
insurance company cartel (they are exempt from anti-trust laws). This
will
likely get a lot of attention in the next few months. Certainly, over the
next few years, the insurance companies will prove to the general public
(and to Congress) that the current system is unsustainable, as many in
both
groups still don't believe it. When that happens, it would probably be
best
not to be heavily invested in such companies.

Thus spake the Oracle. lol




I think the health insurers should lose their anti-trust exemptions.
Frankly, I don't know what public purpose private, for-profit health
insurers serve.


It serves no purpose except to ensure their profits. I believe a couple of
senators are circulating a bill to revote that status.

--
Nom=de=Plume

On 10/15/09 4:44 PM, wrote:
On Thu, 15 Oct 2009 12:55:33 -0400, H the K
wrote:

I think the health insurers should lose their anti-trust exemptions.
Frankly, I don't know what public purpose private, for-profit health
insurers serve.

What function does insurance in general have?
Do you want the government to write life, homeowner's and car
insurance too?
They already write flood


Being opposed to private, for-profit health insurance does not mean I
want to put government in its place. There's no reason why truly
not-for-profit companies couldn't handle the job. I do favor a
government-run but not necessarily government-underwritten option for
those who want one.


--
http://tinyurl.com/ykaa4k7

H the K wrote:
On 10/15/09 4:44 PM, wrote:
On Thu, 15 Oct 2009 12:55:33 -0400, H the K
wrote:

I think the health insurers should lose their anti-trust exemptions.
Frankly, I don't know what public purpose private, for-profit health
insurers serve.

What function does insurance in general have?
Do you want the government to write life, homeowner's and car
insurance too?
They already write flood


Being opposed to private, for-profit health insurance does not mean I
want to put government in its place. There's no reason why truly
not-for-profit companies couldn't handle the job. I do favor a
government-run but not necessarily government-underwritten option for
those who want one.


You are beginning to sound like Princess Little Feather. You want a
private, not for profit company to fund a government managed health
plan. Sure. I want in. Where do I sign up?