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theking 11-07-2004 12:03 PM

I just saw on the news that all stock markets
 
...around the world immediately went up when the President was re-elected and are climbing. I knew that the market in the US went up big time...but was unaware that world wide the markets went up. I am very much looking forward to my statements this month...but I have been doing well in the market all along...except for one bad month.

sacX 11-07-2004 12:09 PM

and the USD plummeted against all currencies.

theking 11-07-2004 12:13 PM

Quote:

Originally posted by sacX
and the USD plummeted against all currencies.
The financial "talking heads" state that it is not important...because the US Stock Market is up...the GDP is up...job growth is up...and interest rates are low. In fact they seem to think that a weakened dollar is a good thing for the US. I am not an economist myself.

xclusive 11-07-2004 12:15 PM

Bush will make the market go down in the long run...

thehand 11-07-2004 12:17 PM

The USD against the CAD (they will soon be EVEN!) has fallen like a rock for 2 years now.

Thanks George W!

pornguy 11-07-2004 12:24 PM

Just wait until he gears up more in Iraq. The US dollar will fall more, and then the markets.

Steen2 11-07-2004 12:26 PM

Quote:

Originally posted by pornguy
Just wait until he gears up more in Iraq. The US dollar will fall more, and then the markets.
yikes :(

MrIzzz 11-07-2004 12:28 PM

bush is gonna be great for the economy. i suggest everyone invest now in all defense companies, security companies, and oil companies.


cause prices on gas are gonna hit $5 a gallon, theres gonna be an increase in security across the nations airports, landmarks, ports, etc..., and we're gonna go kill some more people in some more foreign countries so we need new tanks and hummers:thumbsup

god bless america:(

ace0r 11-07-2004 12:29 PM

Quote:

Originally posted by theking
In fact they seem to think that a weakened dollar is a good thing for the US. I am not an economist myself.
A weak dollar IS good for the US. Boosts exports, lowers imports, etc.

mule 11-07-2004 12:30 PM

4 more years of this shit....I wish more sponsors would start paying in Euros, the dollar is obviously going down the drain now.

sacX 11-07-2004 12:30 PM

Quote:

Originally posted by ace0r
A weak dollar IS good for the US. Boosts exports, lowers imports, etc.
For exporters who represent only 10% of the US economy, yes.

If the dollar is not seen as a reliable currency, foreigners will no longer finance the trade and budget deficits. That is NOT good for the US.

Nathan 11-07-2004 12:31 PM

The markets will not fall because of the war. War hahahaha Money hahahaha Good for Economy.

The USD will continue to drop most likely, I'm very very sad about that. But it IS good for the US economy right now because their export is booming. The problem just is that they are getting too cheap, foreign investments will poor into the country and we will see more and more buyouts of US companies by EU companies.

The market is rising BECAUSE the dollar is weak btw. Cheap to invest in US stocks.

sacX 11-07-2004 12:34 PM

oh well my HMO stocks went up a bunch. 4 more years for good medical profits :)

AlienQ - BANNED FOR LIFE 11-07-2004 12:40 PM

SO much reconstruction in Iraq and the middle east.

They making better schools over there.
They making better fire departments there.
They got more security over there.
They got more money flowing into there economies.
Why for the first time in history they got running water and electricity.

All for the most part on the falling American dime.

Now with all this Arab hating, Muslim hating...
American people call these folks Dirt Coon's, rag heads so on and so forth. There must be alot of hate from American's to vote in favor of giving it all to the same folks that cheer on the American Demise.

America is filling the pockets of the same people that praise 9/11, the same ones that love to see American's die, the same ones that cheer when a tank is on fire, the same ones that enjoy everything America gives and shows a middle finger for it all...

How grand.
Americans really are fucking stupid.

SuckOnThis 11-07-2004 12:55 PM

Quote:

Originally posted by theking
...around the world immediately went up when the President was re-elected and are climbing. I knew that the market in the US went up big time...but was unaware that world wide the markets went up. I am very much looking forward to my statements this month...but I have been doing well in the market all along...except for one bad month.

The ONLY reason the market climbed for a few days after the election was because there was a clear cut winner, it will be short lived. The market hasnt done shit the first 4 years of Bush's term and once there is another terrorist attack the market will drop below 8000. No way would I be in the market right now.

V_RocKs 11-07-2004 12:58 PM

Quote:

Originally posted by theking
The financial "talking heads" state that it is not important...because the US Stock Market is up...the GDP is up...job growth is up...and interest rates are low. In fact they seem to think that a weakened dollar is a good thing for the US. I am not an economist myself.
It is good if you want to go back to the assembly line from your management position. But no matter where you go, I don't really give a shit, so long as you have that $19.95 a month for porn.

theking 11-07-2004 01:00 PM

Quote:

Originally posted by SuckOnThis
The ONLY reason the market climbed for a few days after the election was because there was a clear cut winner, it will be short lived. The market hasnt done shit the first 4 years of Bush's term and once there is another terrorist attack the market will drop below 8000. No way would I be in the market right now.
The market has done OK for me the entireity of the Presidents term except for one bad month. I sold all of my realestate investments within the past year and added the monies to my accounts and the return has been good...except for one investment account went south for one month but it recovered over the following months.

AlienQ - BANNED FOR LIFE 11-07-2004 01:11 PM

Quote:

Originally posted by V_RocKs
It is good if you want to go back to the assembly line from your management position. But no matter where you go, I don't really give a shit, so long as you have that $19.95 a month for porn.
Thats what I am talkin about!

But what about the 3 dollar a gallon gas tank?
Or the 50 Dollars per barrel of oil.

Better just stick to "Free" porn!:thumbsup

reynold 11-07-2004 01:32 PM

Quote:

Originally posted by theking
...around the world immediately went up when the President was re-elected and are climbing. I knew that the market in the US went up big time...but was unaware that world wide the markets went up. I am very much looking forward to my statements this month...but I have been doing well in the market all along...except for one bad month.
That is what you call the domino effect.

The Heron 11-07-2004 02:34 PM

Financial markets like stability, hence when the news went out about the pres they knew what kind of a prez he would be unlike kerry.

Honeyslut 11-07-2004 02:55 PM

Hub being doing well with his market stuff.

:)

sacX 11-08-2004 06:29 AM

dollar new lows against euro :/

kmanrox 11-08-2004 06:33 AM

osama will flatten the market again in his next attack.

erehwon 11-08-2004 06:42 AM

Quote:

Originally posted by kmanrox
osama will flatten the market again in his next attack.
That's his master plan, bankrupt America, and we're doing a good job of following all his prophecies right into the ground. :(


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