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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
So Fucking Banned
Join Date: Jul 2004
Posts: 3,644
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6000 is coming for the stock market. and its gonna go lower than that.
The stock market is shit. All stocks are basically a gamble right now on if its going to be worth half as much next year. I told my dad 6 months ago that it was gonna hit 6000 and that might not even be the bottom. Dont leave your money in that shithole.
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#2 |
Confirmed User
Join Date: Mar 2008
Location: London, Saint-Tropez, Bermuda, Moscow
Posts: 5,289
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6,000 is definitely not the bottom.
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#3 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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I told a friend of mine about 4 months ago I thought around 5400 would be where it would bottom out. I wonder if I will be close.
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#4 |
Confirmed User
Industry Role:
Join Date: Jul 2003
Posts: 1,076
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We are going back to Dow and S&P totals that will be the same as when Bill Clinton was inaugurated (the first time). We are still working with unrealistic multiples that can not be maintained when people actually have to work, save, and monitor their purchases.
Housing will go back to 1997 levels. Essentially, the last time houses and land were fairly valued. We have two massive bubbles to compensate for and people to come to the realization the "earned wealth" of the last 15 years was vapor. In the end, it will be the best thing that could have happened. Deflation is a great thing for savers... Spenders/Easy Credit had it easy for way too long. Savers got ass fucked because of artificial inflation of prices because "everyone was rich". If this progresses to where it should progress... $1M will be $1M again (80's and 90's value of a million dollars). We are at $40T of wealth wiped off the map with a lot more to go. |
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#5 |
Confirmed User
Join Date: Aug 2008
Posts: 3,223
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All right, still worst to come.
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#6 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 23,400
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Good stuff... now I can go PTHTPHTP to all those ballers...
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i like waffles |
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#7 |
Show Yer Tits!
Industry Role:
Join Date: Feb 2002
Location: Somewhere Out there...
Posts: 25,792
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I got out of the market when the two candidates were picked. Thank fucking god.
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![]() Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal
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#8 |
Converting like it's 1999
Industry Role:
Join Date: Jan 2009
Location: The South
Posts: 6,164
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Some huge investment opportunities at the moment,
Bank of America for the win!
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10 years of experience in: CHAT SALES - PAID TRAFFIC - CONVERSION - CREATIVES - CONSULTATION |
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#9 |
:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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As soon as everyone agrees, is when the exact opposite will happen.
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#10 |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Assuming the US follows Japan's footsteps, the "bottom" for the market is 2800 DJIA. How? The Nikkei is 80% off from Japan's record high in the 80s. The DJIA's high is 14000. 20% of 14000 = 2800.
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#11 | |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Quote:
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#12 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,622
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#13 |
Confirmed User
Join Date: Jun 2004
Location: buffalo, las vegas. icq: 285808879
Posts: 4,796
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i heard two months ago that 8k was the "bottom."
i remember my relatives over the summer telling me i was wrong that we were headed into a depression. oh well. |
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