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Here is some interesting reading for you all.http://online.wsj.com/article/SB122368241652024977.html
Just thought I'd run it by you all
thredlok
10-13-2008, 01:20 AM
smart thinking there ;D
Eugene White, an economics professor at Rutgers University who is an expert on the crash of 1929 and its aftermath, thinks that the only real similarity between today's climate and the Great Depression is that, once again, "the market is moving on fear, not facts."
Mark Wein
10-13-2008, 01:46 AM
I had a couple of people (who are pretty financially savvy folks) tell me yesterday that they were starting to buy...the article was pretty interesting :)
Denverdave
10-13-2008, 02:30 AM
This next week should be a very interesting week at the market. I am expecting a an 'up' correction of probably over 500 points for the week, but I was also expecting that at the end of last week so who knows what is going to happen....
I'm on vacation this week (staying home...) so I won't be watching the ticker the way I was last week at work....
Here overseas all the inflated stocks are still going down. Let me know if that still is the trend there. Talk is that for all major companies the stocks are still going to go down in this part of the world. If you have a job and money I think now would be a good time to buy that house even a vacation home :)
Mark Wein
10-13-2008, 03:02 AM
Here overseas all the inflated stocks are still going down. Let me know if that still is the trend there. Talk is that for all major companies the stocks are still going to go down in this part of the world. If you have a job and money I think now would be a good time to buy that house even a vacation home :)
Actually, we bought a house this week :)
Here overseas all the inflated stocks are still going down. Let me know if that still is the trend there. Talk is that for all major companies the stocks are still going to go down in this part of the world. If you have a job and money I think now would be a good time to buy that house even a vacation home :)
Actually, we bought a house this week :)
Hey Mark, that is wonderful. Is it your first house that you ever bought?
:)home sweet home :)
Mark Wein
10-13-2008, 05:49 AM
Yeah....its all a bit overwhelming at the moment :o :) 8)
Yeah....its all a bit overwhelming at the moment :o :) 8)
Imagine buying a starter in Fontana some 25 years ago.
It's true, there were abandon cars on Sierra Ave., well maybe abandon.
They still even had grapefruit groves back then :) also vineyards
Mark Wein
10-13-2008, 02:40 PM
Yeah....its all a bit overwhelming at the moment :o :) 8)
Imagine buying a starter in Fontana some 25 years ago.
It's true, there were abandon cars on Sierra Ave., well maybe abandon.
They still even had grapefruit groves back then :) also vineyards
We call it "Fontucky" these days ;D
From overseas this is what is happening:http://www.asahi.com/english/Herald-asahi/TKY200810130044.html
Thought I'd just pass this on.
link didn't come out I'll try again: http://www.asahi.com/english/Herald-asahi/TKY200810130044.html
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