itsrobert
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Wed Aug-29-07 12:47 AM
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World Market Crash going on now thru October
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SoCalDemGrrl
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Wed Aug-29-07 12:47 AM
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HCE SuiGeneris
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Wed Aug-29-07 12:49 AM
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2. Here's one in real time |
SoCalDemGrrl
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Wed Aug-29-07 12:51 AM
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HCE SuiGeneris
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Wed Aug-29-07 12:54 AM
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7. Sure thing... and I just saw this for your collection |
itsrobert
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Wed Aug-29-07 12:49 AM
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nadinbrzezinski
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Wed Aug-29-07 12:50 AM
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4. They should have a link at thier site |
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they usually post the stories shortly after going on air
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nadinbrzezinski
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Wed Aug-29-07 12:52 AM
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http://www.businessandmedia.org/printer/2007/20070815164850.aspxGoogle is your friend Yep the story is a tad dated but does follow the pattern
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calteacherguy
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Wed Aug-29-07 01:02 AM
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8. It's a great time to buy. The markets will achieve record highs by early next year. |
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Edited on Wed Aug-29-07 01:05 AM by calteacherguy
The kind of hysteria we are see in the media now gives me even greater confidence of that.
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tkmorris
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Wed Aug-29-07 01:04 AM
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9. LOL, what exactly do you base that prediction on? |
calteacherguy
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Wed Aug-29-07 01:05 AM
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:-)
Watch and learn. The best time to buy is at times like this.
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nadinbrzezinski
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Wed Aug-29-07 01:07 AM
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11. Yep but the fundamentals right now |
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are very close in paralells to oh 1929
I am talking of the credit crunch, which was one of the causes for it
Of course we could go into it
The fundamentals are those of a trickle down economy, and every time we have had them... the economy gets into at least a recession (1980s) and worst a depresion (1929 and 1870s)
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calteacherguy
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Wed Aug-29-07 01:19 AM
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12. Inflation is low, interest rates are relatively low, p/e rations are quite good, growth is moderate |
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and folks are freakikng out.
Great time to buy.
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nadinbrzezinski
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Wed Aug-29-07 01:20 AM
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calteacherguy
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Wed Aug-29-07 01:22 AM
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14. It's a different world and financial system than in 1929. |
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I'll let others worry. It's good for the markets to flush the nervous nellies out.
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nadinbrzezinski
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Wed Aug-29-07 01:25 AM
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15. Yes the economy has some differences |
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it also had some differences from the market of 1872
I guess the massive debt we have doesn't matter
Oh well
By the way, if it crashes, that is fine... I HAVE TIME FOR IT TO RECOVER
But the reality is that the bulls were also making similar arguments in 1929
The fundamenals should worry you...
Credit Cruch
National Debt
Should I go on?
Oh and by the way, unemployment I'm not sure it's that low mostly due ot the way it is reported
And how much money is the US printing? Oh I forogt, we don't know, the numbers are no longer published
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calteacherguy
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Wed Aug-29-07 01:35 AM
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16. The overreaction to the credit crunch has already been factored into prices. |
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There is likely to be some testing of he recent S&P low. And it is August, ya know.
One thing I'm sure of: The media won't be hysterically predicting the next market crash. Quite the opposite.
Well, gotta go....good luck.
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nadinbrzezinski
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Wed Aug-29-07 01:36 AM
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17. You have heard of Cramer |
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