The stock market can't win!

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Bob Juch
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The stock market can't win!

#1 Post by Bob Juch » Mon Jan 28, 2008 9:06 am

So the stock market is down because of recession concerns.

So the Fed lowers interest rates.

So the stock market is down today because of "rate-cut concerns"!
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)

Si fractum non sit, noli id reficere.

Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
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gsabc
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#2 Post by gsabc » Mon Jan 28, 2008 9:45 am

If anyone comes to you and claims to understand the stock market, place both hands firmly on your wallet and checkbook and run away as fast as you can.
I just ordered chicken and an egg from Amazon. I'll let you know.
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Jeemie
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Re: The stock market can't win!

#3 Post by Jeemie » Mon Jan 28, 2008 9:49 am

Bob Juch wrote:So the stock market is down because of recession concerns.

So the Fed lowers interest rates.

So the stock market is down today because of "rate-cut concerns"!
Yes- the investors are concerned Bernake hasn't and won't cut them ENOUGH to suit them.
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MarleysGh0st
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Re: The stock market can't win!

#4 Post by MarleysGh0st » Mon Jan 28, 2008 9:52 am

Bob Juch wrote:So the stock market is down today because of "rate-cut concerns"!
Which investors did they interview that gave that reason for selling today?

This is like the political pundits explaining "why" one candidate is up in the polls and another is down, except that financial reporters come up with reasons why the market is up/down every single day!
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Bob Juch
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Re: The stock market can't win!

#5 Post by Bob Juch » Mon Jan 28, 2008 10:05 am

MarleysGh0st wrote:
Bob Juch wrote:So the stock market is down today because of "rate-cut concerns"!
Which investors did they interview that gave that reason for selling today?

This is like the political pundits explaining "why" one candidate is up in the polls and another is down, except that financial reporters come up with reasons why the market is up/down every single day!
Yep, I've heard the "experts" give the exact same reason for the market going up one day and why it went down the next!
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)

Si fractum non sit, noli id reficere.

Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
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