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10-13-2008, 02:12 PM
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#21
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Wonder how all the folks who sold last week are feeling........
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Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
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10-13-2008, 02:14 PM
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#22
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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The markets are looking, shall we say, a bit less undervalued today.
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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10-13-2008, 02:18 PM
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#23
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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 Quote:
Originally Posted by FinanceDude
Wonder how all the folks who sold last week are feeling........
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I'd guess the folks who sold last Monday are feeling a bit better than those who sold on Friday...
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Numbers is hard
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10-13-2008, 02:19 PM
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#24
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by REWahoo
I'd guess the folks who sold last Monday are feeling a bit better than those who sold on Friday...
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But not as good as the people who sold last Monday and bought on Friday.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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10-13-2008, 02:21 PM
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#25
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,071
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 Hey, beer works well when celebrating too.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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10-13-2008, 02:21 PM
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#26
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Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 5,267
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You can all thank me, I was going to move more money into the market but procrastinated to build up cash reserves. 
Not to be gloomy, but I figure I'll have more buying opportunities before we stabilize. I am very happy for all my retired friends!
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10-13-2008, 02:22 PM
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#27
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Recycles dryer sheets
Join Date: Jan 2008
Posts: 148
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Quote:
Originally Posted by FinanceDude
Wonder how all the folks who sold last week are feeling........
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Most people I talked to felt that they HAD to stay now.....I agreed. This was a nice day for the weary/tired bones and my wife will surely be a lot happier tonight! 
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10-13-2008, 02:26 PM
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#28
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
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__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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10-13-2008, 02:30 PM
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#29
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,296
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__________________
There's no need to complicate, our time is short..
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10-13-2008, 02:57 PM
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#30
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Me too , I am soooo glad I can still afford decent wine .
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10-13-2008, 03:03 PM
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#31
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Recycles dryer sheets
Join Date: Jan 2007
Posts: 222
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Quote:
Originally Posted by ziggy29
So while one nearly 950ish-point gain on the Dow and 105 point run on the S&P hardly mean we're saved, I think every bit of positive sentiment the markets and the economy can salvage is a little bit less the coming economic weakness will bite into us. Sentiment goes a long way into influencing consumer and investor behavior.
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I understand what you're saying, so I apologize if I'm being a buzzkill. It's just hard to get excited about something like this with all the crazy volatility we've seen lately. I keep thinking, "well, who knows, it could drop again 800 points tomorrow." Maybe it's my way of dealing with something that's completely out of my control.
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10-13-2008, 03:11 PM
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#32
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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For a bunch of long term thinkers, y'all are up and down like a yoyo!
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10-13-2008, 03:17 PM
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#33
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,296
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I guess this is just for the fellers, eh?
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There's no need to complicate, our time is short..
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10-13-2008, 03:20 PM
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#34
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 3,895
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a myriad of forms
photo credit: By blmurch on Flickr
photo credit: By debbiedoescak... on Flickr
photo credit: By petrichor on Flickr
photo credit: By unloveable on Flickr
photo credit: By Adventurer Du... on Flickr
photo credit: yahoo! finance
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"off with their heads"~~dr. joseph-ignace guillotin
"life should begin with age and its privileges and accumulations, and end with youth and its capacity to splendidly enjoy such advantages."~~mark twain - letter to edward kimmitt 1901
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10-13-2008, 03:21 PM
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#35
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 4,898
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Quote:
Originally Posted by ziggy29
But not as good as the people who sold last Monday and bought on Friday.
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Bingo! Except I sold in Sept and dipped back in on Friday. Beginner's dumb luck and sheer terror.  Methinks if the market continues upward that it's a good time to sell/buy (  ) some more. But then I'm a newb, so don't pay any attention.
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10-13-2008, 05:03 PM
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#36
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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It looks like people like to discuss the market a lot more when it's down than when it's up. We had about five lively threads thriving last week.
I'm not a technical analysis believer, but is a dead cat bounce usually this pronounced?
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Al
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10-13-2008, 05:06 PM
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#37
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Quote:
Originally Posted by TromboneAl
It looks like people like to discuss the market a lot more when it's down than when it's up. We had about five lively threads thriving last week.
I'm not a technical analysis believer, but is a dead cat bounce usually this pronounced?
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Some of us may think it a jinx to gloat say too much about our gains...
__________________
Numbers is hard
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10-13-2008, 05:07 PM
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#38
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Quote:
Originally Posted by Moemg
Me too , I am soooo glad I can still afford decent wine .
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I just opened up some Smoking Loon. Its pretty good and fairly priced.
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10-13-2008, 05:13 PM
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#39
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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Quote:
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Some of us may think it a jinx to gloat say too much about our gains...
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No worries...
__________________
Al
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10-13-2008, 05:15 PM
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#40
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Al, CFB hasn't posted all day. You didn't....
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