[400 4spd.]

It broke the 16,000 mark earlier today!

[70pontiaction]

The market set lots of record highs just before the big crash in 1929.

This market is grossly overvalued and a "correction" is bound to happen.

Keep your arms and legs securely inside the car, hold on tight and have fun.
This may be a great, albeit bumpy ride! Might be expensive, too!

[David Jones]

Be great if it was tied to reality.......

[ho428]

I never thought it'd sustain 14K.

Then again, gas was supposed to be over $5.00 a gallon by now, some predicted $8.00, unemployment was supposed to be at 10%, interest rates and inflation high, and the sky was supposed to fall...

[Dennis H.]

It is falling, you just don't realize it yet.

[johnta1]

That's what is so great about the stock market, the crowd is always wrong.



You can make money with it going in any direction.

[PMD1969]

Originally Posted by 70pontiaction

The market set lots of record highs just before the big crash in 1929.

This market is grossly overvalued and a "correction" is bound to happen.

Keep your arms and legs securely inside the car, hold on tight and have fun.
This may be a great, albeit bumpy ride! Might be expensive, too!

With rates having been artificially low for so long its going to hit hard soon.

[PMD1969]

Originally Posted by ho428

I never thought it'd sustain 14K.

Then again, gas was supposed to be over $5.00 a gallon by now, some predicted $8.00, unemployment was supposed to be at 10%, interest rates and inflation high, and the sky was supposed to fall...

The government only counts the ones taking payments and not the ones that have exhausted it. The rule is to double the liberal biased media government fed percentage numbers.

[ho428]

Originally Posted by PMD1969

The government only counts the ones taking payments and not the ones that have exhausted it. The rule is to double the liberal biased media government fed percentage numbers.

If that's the case then use the posted numbers since that's the numbers that have always been used for unemployment calculations.
I assure you, the media in South carolina is anything but Liberal.

[69goatboy]

Just because the numbers are higher, doesn't mean the value is higher.
The massive amounts of QE and fed pumping has severely depleted the value of the dollar.
The constant raising of the minimum wage has also added to this. What good is a $10 per hour min wage job if a gallon of milk is $6? Like anything else, those that will be hurt the most are the ones who can least afford to be hurt.

This is where we are headed folks.

[zephyrracer]

Originally Posted by ho428

If that's the case then use the posted numbers since that's the numbers that have always been used for unemployment calculations.
I assure you, the media in South carolina is anything but Liberal.

Problem with posted numbers is some states ( California ) doesn't report on time making the calculation look much better !!!

Gregg

[carcrazy]

Stock market=legalized gambling. Money to be made in it regardless of what it does!

[hurryinhoosier62]

Originally Posted by David Jones

Be great if it was tied to reality.......

Dittos. Let the new Fed Reserve chief cut off the $85 BILLION "gravy train" and see exactly HOW SOON reality will set in.

[hurryinhoosier62]

Originally Posted by ho428

I never thought it'd sustain 14K.

Then again, gas was supposed to be over $5.00 a gallon by now, some predicted $8.00, unemployment was supposed to be at 10%, interest rates and inflation high, and the sky was supposed to fall...

Let us NOT forget a certain, multi-BILLION dollar boondoggle was supposed to keep unemployment UNDER 8%. Looked at the U6 numbers lately? That's the REAL unemployment statistic.

[ho428]

U.S. Bureau of Labor Statistics
SC is 8.1%
US is 7.3%

Those are the Offical numbers as of August, whether they fit your agenda or not.

[MikeNoun]

For every person that says "the sky is falling", another says "it's time to buy." What I've found is that bloggers, financial analysts, and TV financial gurus are right 50% of the time. They're like a weatherman.

And whenever an analyst says that a certain stock is "hot", chances are they themselves bought thousands of shares, and now they're on TV, or writing a blog, telling everyone to buy, buy, buy. That's because they want to make money.

When when they sell it off, they tell others to sell, sell, sell, because they don't want that stock to rise. It makes them feel good knowing they made the right decision.

The TRUTH is that NO ONE knows what's going to happen. Not your financial analyst, not a blogger, NO ONE.

And when people are right, they gloat. When they're wrong, they go quiet.

The market rises and falls, but over the past 5 years, it's done pretty well.

[My442]

Unemployed and underemployed is over 15%.

47 million receiving government aid.

Millions out of work for more than 1 year.

So I guess the market is good for some, but not most.

The market is rigged for those who can manipulate it for their gain.

[The Boss]

As always, Wall Street wins, Main Street looses.

There's a correction coming...not just on Wall Street but more importantly in the Federal Government.
The Caribbean & Central America is looking awfully nice. Sell everything here before the fall & live like a king!

[Formulabruce]

Originally Posted by johnta1

That's what is so great about the stock market, the crowd is always wrong.



You can make money with it going in any direction.

While true, and legal, its unethical and eventually milks the market of the liquid assets.
Call, Put, call put, crash.....

[455Grandville]

Originally Posted by ho428

U.S. Bureau of Labor Statistics
SC is 8.1%
US is 7.3%

Those are the Offical numbers as of August, whether they fit your agenda or not.

Official of what ?

They do not include people on extended benefits or those that ran out of unemployment; they assume those people found jobs. So how are they official with two big pieces of the pie are left out ? In plain English those numbers are skewed.You can get any number that suits your agenda if you leave enough pieces of data out; if your thinking is that narrow that you can leave a bunch of data out and still obtain accurate numbers you wouldn't last 15 minutes in a statistics 101 class.