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The economy is improving (pg. 5)
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| Krypton |
| quote: | Originally posted by Max Thomson
go tell the thousands of people who've been laid off how your nice numbers should make them feel better now that the economy is improving. |
wah wah wah wah wah wah off. |
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| Krypton |
| Day 1 of my GME investment. I bought at $22.60, it's now $24.40...:D |
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| Nrg2Nfinit |
| unemployment = better bottom line due to less expenses. I've seen bombardier stocks jump due to layoffs. rally rally rally |
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| Nrg2Nfinit |
| quote: | Originally posted by Krypton
Day 1 of my GME investment. I bought at $22.60, it's now $24.40...:D |
that should cover your 5 dollar comission |
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| Capitalizt |
| quote: | Originally posted by Nrg2Nfinit
that should cover your 5 dollar comission |
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| ziptnf |
| quote: | Originally posted by Max Thomson
go tell the thousands of people who've been laid off how your nice numbers should make them feel better now that the economy is improving. |
How does one "fix" unemployment without spending money? Enlighten me. |
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| Krypton |
| quote: | Originally posted by Nrg2Nfinit
that should cover your 5 dollar comission |
$9.90 because they charge $4.95 to buy and $4.95. But yea, it's covered, and then some. |
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| Guest |
| what wise decisions has our govt made in the last 6 months that would warrant a recovery? |
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| fbgdavidson |
| quote: | Originally posted by The17sss
I did... I did. But the peak was 14,000 and just looking at the stock market is not a good indicator- what kind of recovery could it be if job losses are still mounting and nobody is hiring? All indicators are that things are worse, or going to get worse than are being reported in the short term. That massive 18% drop in tax revenue to the govt., combined with out of control spending and soaring deficits is a harbinger of bad news to come. |
The stock market is always going to be ahead of the curve. The market was depressed and went into freefall in anticipation of the big job layoffs we've seen and continue to see.
| quote: | Originally posted by The17sss Besides, I don't know if Krypton is the best source of economic advice. About 6 months ago I asked him hypothetically, if he had $50K lying around what he would do with it. He said he'd definitely invest a big portion of that in Caterpillar and/or other heavy construction corporations like that. Since then, Caterpillar has purged 30,000 jobs, seen profits head into the toilet, and closed down several plants. And, the construction industry as a whole is tanking. Good thing I didn't take his advice and invest in Caterpillar.
http://www.washingtonpost.com/wp-dy...prss=rss_nation |
But that doesn't necessarily mean bad things for the company's stock price. In fact CAT is up 56% over the last 6 months and the end of February marked a 6yr low...
Closing down plants that are a drain on the company and shedding unnecessary labour is beneficial in the eye of the investor. |
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| Nrg2Nfinit |
| quote: | Originally posted by Krypton
$9.90 because they charge $4.95 to buy and $4.95. But yea, it's covered, and then some. |
nice :) |
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| Krypton |
| quote: | Originally posted by Nrg2Nfinit
nice :) |
As it stands this year I have made 3 investments. Each investment has netted positive returns giving me a 100% accuracy! |
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