2008 Stock Market Predictions - Technology Companies Will Prosper?

Discussion in 'Politics & Religion' started by websiteideas, Jan 16, 2008.

  1. gauharjk

    gauharjk Notable Member

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    #221
    www.usa-economic-collapse.com and www.usa-economic-recession.com domains are still available. I believe someone at DP should take it up. I wish I had enough time to work on this project...
     
    gauharjk, Mar 18, 2008 IP
  2. wisdomtool

    wisdomtool Moderator Staff

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    #222
    I don't really wish to see that happen, USA economy is the main stay of the world's economy, it is sad that those handling it choose to do experiments on it rather than bite the bullet.
     
    wisdomtool, Mar 18, 2008 IP
  3. bogart

    bogart Notable Member

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    #223
    bogart, Mar 18, 2008 IP
    wisdomtool likes this.
  4. wisdomtool

    wisdomtool Moderator Staff

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    #224
    Goldman Sachs looks good with their quarterly report, Lehman didn't do that badly, at least that will calm some fears on the banking sector today, with the Fed cuts in place, I guess there will be a rally but for how will be another question.
     
    wisdomtool, Mar 18, 2008 IP
  5. Shazz

    Shazz Prominent Member

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    #225
    Now it goes both ways again, like 1 month ago :|
    I don't think anyone will follow bear sterns
     
    Shazz, Mar 18, 2008 IP
  6. wisdomtool

    wisdomtool Moderator Staff

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    #226
    It is too early to predict that, we are not at the end of the tunnel yet for the housing crisis, more banks will go down, but they may not be on the scale of Bear Sterns and Fed may just decide to let them go.

     
    wisdomtool, Mar 18, 2008 IP
  7. gauharjk

    gauharjk Notable Member

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    #227
    It was soooo true...
     
    gauharjk, Mar 18, 2008 IP
  8. wisdomtool

    wisdomtool Moderator Staff

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    #228
    Fools rush in where angels fear to tread, looking at the current 200+ rise in the DJ basically remains me of a spider web waiting for its victims to get entrapped.
     
    wisdomtool, Mar 18, 2008 IP
  9. guerilla

    guerilla Notable Member

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    #229
    Based on.... WHAT?

    I'm not saying you are wrong, but is this just something you are saying to make yourself feel good, or do you have some information that brought you to this conclusion?
     
    guerilla, Mar 18, 2008 IP
  10. Shazz

    Shazz Prominent Member

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    #230
    Yes, just wait and watch and then come back to this post! :)

    Another rate cut wha-whoo!
     
    Shazz, Mar 18, 2008 IP
  11. guerilla

    guerilla Notable Member

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    #231
    You fool. :p

    Rate cuts are not sustainable or measurable market gains. They are just temporary speculative boosts.

    The increases we are seeing in the market, have little to do with rate cuts (monetary expansion) anyways. It's the government plunge protection teams buying up index shares to boost perceptions of market health.
     
    guerilla, Mar 18, 2008 IP
  12. smatts9

    smatts9 Active Member

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    #232
    As far as another company following in Bear Stearns' footsteps, I don't know, seems like Bear Stearns' was hung by the FED for all to see. Now that brokerages have direct access to FED money it'll be harder for them to fall, or atleast it will delay their fall. If any company is to follow them the frontrunner is LEH with no clear second place.
     
    smatts9, Mar 18, 2008 IP
  13. Shazz

    Shazz Prominent Member

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    #233
    Fool?! You can't call me one yet till the time comes :(

    Yes rate cuts give us a boost and thats what we need end of story :D
     
    Shazz, Mar 18, 2008 IP
  14. LogicFlux

    LogicFlux Peon

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    #234
    Well, one of the biggest investment banks in the country has went under and we've had the biggest single day rally in 5 years since I've last viewed this thread. Which was, oh, like 2 or 3 days ago.

    Mental note for 2008: Don't listen to Jim Cramer.

    http://www.youtube.com/watch?v=gUkbdjetlY8
     
    LogicFlux, Mar 18, 2008 IP
  15. Shazz

    Shazz Prominent Member

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    #235
    Cramer is ususally on the ball still 80% of the time right. Alot of people were wrong about bear sterns, look at all the big million dollar investors that stepped in before this bail out.
     
    Shazz, Mar 18, 2008 IP
  16. guerilla

    guerilla Notable Member

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    #236
    Valuable lesson.

    Cramer is an idiot. In the early part of the decade, he was all bullish on tech stocks. Then the bubble burst. He went into hiding for over a year, until people forgot what an idiot he is.

    Cramer's unique talent is selling you what you want to hear. He's a bull in a bear market, he has no appreciation for fundamentals, only speculative mass movements.

    Honestly, you might not like what he has to say, but people make a lot more money investing along the Peter Schiff paradigm, than the idiot who honks horns on his show and hops around like a crack addict.

    I mean, seriously. Who is going to put their life savings or livelihood on the line with bozo the investor?
     
    guerilla, Mar 19, 2008 IP
  17. wisdomtool

    wisdomtool Moderator Staff

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    #237
    What I was told was this is something common to all those fund managers, they keep giving a lot of views, if it is correct, they bask in the sun, if not, they go into hiding. Each bank controls quite a few of these managers, so they just need to choose those who are basking in the sun now for their prospectus. Of course you will see in fine print that past earnings is not indication of future prospects.

     
    wisdomtool, Mar 19, 2008 IP
  18. smatts9

    smatts9 Active Member

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    #238
    I have to say that Cramer is no where near being 80% right.

    Stocks are falling a bit, and commodities are receiving an overdue "haircut".
     
    smatts9, Mar 19, 2008 IP
  19. smatts9

    smatts9 Active Member

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    #239
    Damn straight son. We touched 12450 today and did an immediate U-turn. Bulls are scared, as they should be. My gold position decided to blow up in my face, but I already sold out of my "short the dollar" ETFs, so they didn't get a chance to "blow up in my face".

    Last night I listened, on my SIRI radio and no I don't own that crap stock Shazz, to CNBC commentators try to tell me that Monday was a bottom. I laughed and immediately put on my first thing to do in the morning list: short those bastards at LEH. Just because they can now go borrow moneys from the discount window doesn't mean it will solve any of their problems. Adding shit to your liabilities don't help out your balance sheet.
     
    smatts9, Mar 19, 2008 IP
  20. Shazz

    Shazz Prominent Member

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    #240
    LOL, ok man Ill PM you when they boom up ;)
    Do you just suppose hes wrong since you haven't done your homework? Lisitin to one cramer show and write down every stock he recommends, 80% of that time its right. I started a list and 8/10 everytime the stocks were up, but believe what you want. First off the bear sterns thing goes off "OH NOES!, WHERE IN A DEPRESSION!!!" and then everyone sells, panics omg we ran out of money!

    Market is being traded on emotion as of now...
     
    Shazz, Mar 19, 2008 IP