On Tue, 22 Jan 2008 08:34:38 -0500, hk wrote:

Short Wave Sportfishing wrote:
On Tue, 22 Jan 2008 08:18:30 -0500, hk wrote:

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.

Maybe - dont' see it now though. Fed just cut 75 basis points this
morning and probably will do another 50 on the 31st.

Hey - compared to 2002 when it was at 7500, I'll take 12,000.

Let's make it ends at 12,000 at the close of business. You take the
under, I'll take the over. If it ends at 12,000 - it's a push.

$5 - that'll be a couple of gallons of gas. :)

You're on, though I think it will close above 12000. Ain't gonna open
there, though. But I will take the downside.

Done and done.

WHOO HOO!!! :)

Hmmm - think I'll have to buy some more IBM. :)

Short Wave Sportfishing wrote:
On Tue, 22 Jan 2008 08:34:38 -0500, hk wrote:

Short Wave Sportfishing wrote:
On Tue, 22 Jan 2008 08:18:30 -0500, hk wrote:

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.
Maybe - dont' see it now though. Fed just cut 75 basis points this
morning and probably will do another 50 on the 31st.

Hey - compared to 2002 when it was at 7500, I'll take 12,000.

Let's make it ends at 12,000 at the close of business. You take the
under, I'll take the over. If it ends at 12,000 - it's a push.

$5 - that'll be a couple of gallons of gas. :)
You're on, though I think it will close above 12000. Ain't gonna open
there, though. But I will take the downside.

Done and done.

WHOO HOO!!! :)

Hmmm - think I'll have to buy some more IBM. :)


IBM is still in business?

hk wrote:
Short Wave Sportfishing wrote:
On Tue, 22 Jan 2008 08:34:38 -0500, hk wrote:

Short Wave Sportfishing wrote:
On Tue, 22 Jan 2008 08:18:30 -0500, hk wrote:

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.
Maybe - dont' see it now though. Fed just cut 75 basis points this
morning and probably will do another 50 on the 31st.

Hey - compared to 2002 when it was at 7500, I'll take 12,000.

Let's make it ends at 12,000 at the close of business. You take the
under, I'll take the over. If it ends at 12,000 - it's a push.

$5 - that'll be a couple of gallons of gas. :)
You're on, though I think it will close above 12000. Ain't gonna open
there, though. But I will take the downside.

Done and done.

WHOO HOO!!! :)

Hmmm - think I'll have to buy some more IBM. :)


IBM is still in business?

Yeah, screwing the working guy and splitting above $100 and then
climbing back over $100 per share in a couple of years. Great long term
investment for a share holder such as union pension funds and mutual
funds in 401ks.

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."

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

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.

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.

On Tue, 22 Jan 2008 06:38:20 -0800 (PST),
wrote:

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.

You have to *go* somewhere to shovel ****? Hell, you're having a discussion
with Harry right here! Why go somewhere?
--
John H

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."

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.