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#21
posted to rec.boats
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Will losses at Bank of America...
On Jan 22, 9:28*am, hk wrote:
wrote: On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote: IBM is still in business? They actually opened a couple bucks higher today. It is still about 16-17 bucks off the 52 week high. I am still not sure what they do these days Except for two stocks, we got out of the stock market years ago and don't really pay any attention to it, except to chuckle over its vagaries and the belief anyone pays to its "integrity." Well, it is under 12000 now at the open.. Gotta' go shovel ****, I know that will always be there |
#22
posted to rec.boats
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Will losses at Bank of America...
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#23
posted to rec.boats
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Will losses at Bank of America...
On Jan 22, 9:33*am, hk wrote:
wrote: On Jan 22, 9:28 am, hk wrote: wrote: On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote: IBM is still in business? They actually opened a couple bucks higher today. It is still about 16-17 bucks off the 52 week high. I am still not sure what they do these days Except for two stocks, we got out of the stock market years ago and don't really pay any attention to it, except to chuckle over its vagaries and the belief anyone pays to its "integrity." Well, it is under 12000 now at the open.. Gotta' go shovel ****, I know that will always be there Sell horsecrap futures...big market. Maybe on Google, but I don't get my information there Out there in the real world, the production is outdoing the demand, at least in my neck of the woods. |
#24
posted to rec.boats
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Will losses at Bank of America...
Wel, Harry. If you really don't pay attention to it,t hen why do you
point out the actions of the stock market here on rec. boats? hk wrote: wrote: On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote: IBM is still in business? They actually opened a couple bucks higher today. It is still about 16-17 bucks off the 52 week high. I am still not sure what they do these days Except for two stocks, we got out of the stock market years ago and don't really pay any attention to it, except to chuckle over its vagaries and the belief anyone pays to its "integrity." |
#25
posted to rec.boats
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Will losses at Bank of America...
wrote in message ... On Jan 22, 8:55 am, "JimH" wrote: wrote in message ... On Jan 22, 8:29 am, "JimH" wrote: "hk" wrote in message ... Short Wave Sportfishing wrote: On Tue, 22 Jan 2008 08:03:03 -0500, hk wrote: ...and Wachovia drive the DOW down a few hundred points today? Is it the economy, stupid? Nah - losses have been priced in by now. It's an odd economy and I think one more like it used to be with more reasonable lending standards and a more conservative approach to making money. We've sold our real estate with one more to go and there wasn't a hang up anywhere - money was available, the buyers had solid credit and several banks were involved in pricing one loan. That's a good thing. On the other hand, Bernacke is completely out of his element here and it shows. Too many academics on the Fed board and not enough economists with market experience. It will be an interesting day. I'll bet you a fiver that the dow drops below 12000 today. Might not end up today below 12000, but it will be there for a while. Could be. We met with our financial advisor yesterday afternoon to arrange payoff of a college loan. He had forecast this drop back in fall and positioned his clients holdings in less aggressive funds. Even the bond market is stagnant with the largest holding $12 billion in cash waiting on the sideline to see how this all works out. If the bond markets start to drop then you know we are in bad times.- Hide quoted text - - Show quoted text - If you'd have started college savings programs for your kids, then you wouldn't have loans to pay off. =================== What do you think we are paying it off with dummy? The loan was 6.5% and my money was making 10%~20% over the past few years. Do the math if you are able to, which I doubt.- Hide quoted text - - Show quoted text - Where the hell were you getting a 20% return? Of course not in CDs. But not really hard to do in the stock market, prior to last the last quarter. |
#26
posted to rec.boats
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Will losses at Bank of America...
Tim wrote:
Wel, Harry. If you really don't pay attention to it,t hen why do you point out the actions of the stock market here on rec. boats? hk wrote: wrote: On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote: IBM is still in business? They actually opened a couple bucks higher today. It is still about 16-17 bucks off the 52 week high. I am still not sure what they do these days Except for two stocks, we got out of the stock market years ago and don't really pay any attention to it, except to chuckle over its vagaries and the belief anyone pays to its "integrity." It's the economy, stupid! To me, it is just another indicator of the b.s. on the economy being fed to boobus Americanus by the chief bushshi**er, George W. Bush. The sad state of the economy, the lack of jobs, the foreclosures, the growing number of Americans with no health insurance, et cetera, will play a big role this fall in electing a president from the Democratic party and will help give the Democrats a working majority in the House and Senate. |
#27
posted to rec.boats
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Will losses at Bank of America...
"DownTime" wrote in message
. .. BAR wrote: Also, we are in the process of deciding what new car we are going to buy. We may be able to get a loan from with zero interest from the dealer/manufacturer. Be careful on that, they often provide the zero percent financing on left-over cars or simply those stuck in inventory. Why would that be a problem, if it's a car you want and it's not pre-owned? |
#28
posted to rec.boats
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Will losses at Bank of America...
"hk" wrote in message
news wrote: On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote: IBM is still in business? They actually opened a couple bucks higher today. It is still about 16-17 bucks off the 52 week high. I am still not sure what they do these days Except for two stocks, we got out of the stock market years ago and don't really pay any attention to it, except to chuckle over its vagaries and the belief anyone pays to its "integrity." What a silly generalization. |
#29
posted to rec.boats
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Will losses at Bank of America...
JoeSpareBedroom wrote:
"hk" wrote in message news wrote: On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote: IBM is still in business? They actually opened a couple bucks higher today. It is still about 16-17 bucks off the 52 week high. I am still not sure what they do these days Except for two stocks, we got out of the stock market years ago and don't really pay any attention to it, except to chuckle over its vagaries and the belief anyone pays to its "integrity." What a silly generalization. Perhaps you believe in the "generally accepted accounting practices" of listed companies. We don't. |
#30
posted to rec.boats
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Will losses at Bank of America...
"hk" wrote in message
. .. JoeSpareBedroom wrote: "hk" wrote in message news wrote: On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote: IBM is still in business? They actually opened a couple bucks higher today. It is still about 16-17 bucks off the 52 week high. I am still not sure what they do these days Except for two stocks, we got out of the stock market years ago and don't really pay any attention to it, except to chuckle over its vagaries and the belief anyone pays to its "integrity." What a silly generalization. Perhaps you believe in the "generally accepted accounting practices" of listed companies. We don't. OK. What investments do you use which have consistently stayed ahead of inflation? |
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