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I just keep looking at a weekly graph of the DOW, and haven't seen a
disaster, just an 18 month downtrend...
Regards
DanG
Ira Tunik wrote:
>
> Everyone is looking for a boom or bust scenario. Can't it just be the
> normal
> business cycle and basic supply demand economics. Nothing really
> complicated,
> sometimes simple is better. Ira.
>
> Gentle Ox wrote:
>
> > Maybe.. just maybe the ruined economy caused the bubble to burst?
> > The rest is tooooo simplistic to even respond to!
> > Stephen
> >
> > BobsKC wrote:
> >
> > > Nope, not this time. This time, the bubble burst has ruined the
> > > economy. The wild speculation in equities has destroyed company
> after
> > > company and it isn't over. The huge loss of market cap in even
> great
> > > companies like GE has caused such giant firms to pull in their
> > > spending/purchases and this has trickled down to all companies.
> imo, the
> > > wonderful economy we have all basked in was created by the
> equities market
> > > and now that economy is shaking due to the illness of the same
> mother that
> > > spawned it. Want to fix the economy? Go out and buy stocks
> again. Return
> > > say 50% of the market cap to the average firm out there and the
> economy
> > > will be fine. I said it before and I'll say it again, the tail is
> wagging
> > > the dog.
> > >
> > > Good trading tomorrow all,,
> > >
> > > Bob
> > >
> > > > > wrong with the economy is the stock market.
> > > >
> > > >How can the stock market be what is wrong with the economy?
> > > >It is a barometer and all the psyche within the economy.....?
> > > >The stock market doen not dictate to the economy how to behave...
> the converse
> > > >applies! Maybe,,, just maybe the fact the credit is at is highest
> ever and the
> > > >USA is a debtor nation is what is wrong with the USA economy??not
> anything a
> > > >good war could not fix... the US problem solver to all
> ailments.!!
> > >
> > >
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> > >
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