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  • #421
    Welcome to 1996, y'all. Greenspan has just given a great speech about "irrational exuberance."

    53% off the highs. Probably didn't know how brave you would have to be when I said some time ago that bravery pays.
    Last edited by DanS; February 27, 2009, 17:39.
    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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    • #422
      LOL, i dug out from our local equivalent of WSJ my inteview from march '07, saying "it's probably gonna be an okay market for LBO financing. The only risk I see is the US mortgage market going to ****"

      Jeez I hould run a heghe fnud. id be finlyyy rich
      Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
      Originally posted by Ted Striker:Go Serb !
      Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.

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      • #423
        Look out below! Well under 7k now...

        -Arrian
        grog want tank...Grog Want Tank... GROG WANT TANK!

        The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.

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        • #424
          Thud.
          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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          • #425
            In a sign of how the world has been stood on its head, Google now is worth well more than GE.
            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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            • #426
              ouch... *licks wounds*
              Monkey!!!

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              • #427
                Is GE worth anything? Its stock sure is creating a hole in the Earth. Down to $75 billion in market capitalization. The market is punishing those with high debt levels.
                I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                • #428
                  Watching GE bite the dust is mesmerizing. The bluest of blue chip companies is down 85% from its highs and it's off 11% this morning.

                  I'm somewhat tempted to try to catch the falling knife. Uncle Sam wouldn't let GE fail, would it?
                  I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                  • #429
                    Watching GE bite the dust is mesmerizing. The bluest of blue chip companies is down 85% from its highs and it's off 13% just this morning.

                    I'm somewhat tempted to try to catch the falling knife. Uncle Sam wouldn't let GE fail, would it?
                    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                    • #430
                      Originally posted by DanS View Post
                      I'm somewhat tempted to try to catch the falling knife. Uncle Sam wouldn't let GE fail, would it?
                      What would Obama do if he let MSNBC go off the air? The real question you should be asking is why the shareholders haven't ousted Immelt yet given his performance.
                      I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
                      For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

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                      • #431
                        I am having similar thoughts DanS, but I Don't have any Money.

                        JM
                        Jon Miller-
                        I AM.CANADIAN
                        GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

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                        • #432
                          I don't have any money either, really -- only my regular monthly savings. It's too bad, because most of these prices are excellent, if you stay away from financials, basic materials, and energy. Or you could just buy the whole index and sleep well at night.

                          The trailing twelve month dividend yield on the S&P 500 is 4.05%, while the announced future yield is 3.31%. The announced yield probably will go lower, but it's still well above the 10-year treasury yield of 2.89%. As discussed earlier in this thread, this happens very rarely -- not in a half century. The spread between the two is insane.
                          Last edited by DanS; March 5, 2009, 12:14.
                          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                          • #433
                            A lot of people I go to school with work at GE. Beginning of last year they were all "my company rocks, you suck" and now they are all "crap"... it's kind of funny for me. Now if only P&G would bite the dust... not really, this all sucks.

                            I have a GM under warrenty, but I still would like to see them go bankrupt and force all those union members to find a job where you actually have to work!
                            Monkey!!!

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                            • #434
                              bah... it's as low already as I thought it will go...

                              there simply is no floor... IMO so low levels are early... and going further down is unrealistic even for panic selling... but who is talking about realism here
                              Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
                              GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

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                              • #435
                                GE closed at $6.66 yesterday.

                                I agree, OFITG. This is already the worst post-war bear market in the US. Now 57% off the highs. If it falls much further, it will be the worst bear market since the great crash.

                                In any event, these are all excellent prices at which to invest, remembering that after the '37 to '42 bear market, the stock market returned 150% in the next four years.
                                Last edited by DanS; March 6, 2009, 11:48.
                                I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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