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Maybe you best hold off on that new boat
http://money.cnn.com/2005/04/18/mark...ex.htm?cnn=yes
Extract S&P and Nasdaq futures pointed sharply lower early Monday, indicating a down start for stocks. That would continue the pattern of late last week: the major indexes all sank nearly 2 percent Friday, capping a three-session sell-off that took the Dow down about 400 points. It was the worst week for the 30-share Dow in just over two years. The selling spread worldwide Monday as stocks tumbled in Asia and were trading lower in Europe. The selling came even as oil prices fell below $50 a barrel in early trading. Whereas cheaper oil would normally be seen as positive for stocks, investors are now viewing it as a sign of a coming economic slowdown, which could hurt demand for oil. |
"Jim," wrote in message ... http://money.cnn.com/2005/04/18/mark...ex.htm?cnn=yes Extract S&P and Nasdaq futures pointed sharply lower early Monday, indicating a down start for stocks. That would continue the pattern of late last week: the major indexes all sank nearly 2 percent Friday, capping a three-session sell-off that took the Dow down about 400 points. It was the worst week for the 30-share Dow in just over two years. The selling spread worldwide Monday as stocks tumbled in Asia and were trading lower in Europe. The selling came even as oil prices fell below $50 a barrel in early trading. Whereas cheaper oil would normally be seen as positive for stocks, investors are now viewing it as a sign of a coming economic slowdown, which could hurt demand for oil. You are correct Jim. It is time to take that money and buy stocks at these depressed prices so you can buy an even bigger boat in a couple of years. |
On Mon, 18 Apr 2005 11:33:21 GMT, "Jim," wrote:
http://money.cnn.com/2005/04/18/mark...ex.htm?cnn=yes Extract S&P and Nasdaq futures pointed sharply lower early Monday, indicating a down start for stocks. That would continue the pattern of late last week: the major indexes all sank nearly 2 percent Friday, capping a three-session sell-off that took the Dow down about 400 points. I fear not. My net worth would be staggering to most here. |
LOL
"Harry,Krause" wrote in message ... On Mon, 18 Apr 2005 11:33:21 GMT, "Jim," wrote: http://money.cnn.com/2005/04/18/mark...ex.htm?cnn=yes Extract S&P and Nasdaq futures pointed sharply lower early Monday, indicating a down start for stocks. That would continue the pattern of late last week: the major indexes all sank nearly 2 percent Friday, capping a three-session sell-off that took the Dow down about 400 points. I fear not. My net worth would be staggering to most here. |
Speaking of net worth;
I started out with nothing, and I still have most of it left... "No, it's me" wrote in message ... LOL "Harry,Krause" wrote in message ... On Mon, 18 Apr 2005 11:33:21 GMT, "Jim," wrote: http://money.cnn.com/2005/04/18/mark...ex.htm?cnn=yes Extract S&P and Nasdaq futures pointed sharply lower early Monday, indicating a down start for stocks. That would continue the pattern of late last week: the major indexes all sank nearly 2 percent Friday, capping a three-session sell-off that took the Dow down about 400 points. I fear not. My net worth would be staggering to most here. |
Great reply, but remember honesty is a virtue of very few regulars in
rec.boats. ; ) The one thing that is certain, anyone who has to tell you "his net worth would be staggering to most" probably has very little net worth (both fiscally and emotionally). "news.dslextreme.com" wrote in message ... Speaking of net worth; I started out with nothing, and I still have most of it left... "No, it's me" wrote in message ... LOL "Harry,Krause" wrote in message ... On Mon, 18 Apr 2005 11:33:21 GMT, "Jim," wrote: http://money.cnn.com/2005/04/18/mark...ex.htm?cnn=yes Extract S&P and Nasdaq futures pointed sharply lower early Monday, indicating a down start for stocks. That would continue the pattern of late last week: the major indexes all sank nearly 2 percent Friday, capping a three-session sell-off that took the Dow down about 400 points. I fear not. My net worth would be staggering to most here. |
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