Is the stock market going to tank?

**Arty50** · 05-15-2007, 10:21 AM

Originally Posted by Buster Highmen

That's -9.8m/s^2, sir.

Yeah, but what if I drop an object right now and instantaneously dig a hole to China and pop out on the other side. Then up is down. I mean we're talking "human sacrifice, dogs and cats living together - mass hysteria." Would my positive quantity be valid then?

**Buster Highmen** · 05-15-2007, 10:37 AM

Originally Posted by Arty50

Yeah, but what if I drop an object right now and instantaneously dig a hole to China and pop out on the other side. Then up is down. I mean we're talking "human sacrifice, dogs and cats living together - mass hysteria." Would my positive quantity be valid then?

Not in spherical coordinates. If you want to remain hung up on (c)artesian coordinates, the papistry might niggle a bit about your sign as well.

**summit** · 05-15-2007, 10:40 AM

this thread is completely retarded

**irul&ublo** · 05-15-2007, 10:40 AM

Originally Posted by Yossarian

P.S. I say yes. DJIA will be below 13,000 again sometime this summer.

Wow. What a bold fucking prediction, considering it dropped about 400 or so back in November. A 500 point drop is a whopping 3.7%.

Your question should be what is the market going to do over the next 10, 15, 20, 30 years, or whatever your investment horizon is.

**Benny Profane** · 05-15-2007, 10:41 AM

Hey, let me chime in, Mr. Real Estate Crash dude, who, ahem, was right.

I say that the stock market won't go up a whole lot further, but will stay healthy, because all that money that was chasing the real estate bubble is now flowing into the stock market. The WSJ and NYTimes has already reported on this. Add to that the desperate rush of boomer money trying find a place to grow quickly in IRAs and 401Ks with those late in life large allowances, and add the fact that this is (puffs out chest) America, still the most robust, stable economy in the world, attracting the corrupt, ill gotten funds of the rich worlwide, with the click of a button on the old PC. I mean, where else are you going to put your money right now?

And hey, if life is so expensive, sell the Audi and start shopping for a Kia. It will get you to point B.

**Arty50** · 05-15-2007, 10:41 AM

Originally Posted by Buster Highmen

Not in spherical coordinates. If you want to remain hung up on (c)artesian coordinates, the papistry might niggle a bit about your sign as well.

Not to mention the fact that the tunnel would be really hot and I might create volcanic problems on both ends. Or the fact that I'd end up somewhere in the Indian Ocean instead of China.

**irul&ublo** · 05-15-2007, 10:43 AM

When you get to the Indian Ocean, check to see if Tonto is hanging out on the beach.

**Buster Highmen** · 05-15-2007, 10:45 AM

Originally Posted by irul&ublo

When you get to the Indian Ocean, check to see if Tonto is hanging out on the beach.

Masked man, you're a fag.

**irul&ublo** · 05-15-2007, 10:47 AM

The Lone Ranger was distressed when, in his old age, he discovered that "keemosabe" actually means "fagknobdouchenozzle".

**mr_gyptian** · 05-15-2007, 10:55 AM

Originally Posted by Benny Profane

Hey, let me chime in, Mr. Real Estate Crash dude, who, ahem, was right.

And hey, if life is so expensive, sell the Audi and start shopping for a Kia. It will get you to point B.

real estate softening and real estate crashing are two completely separate entities.

the sky hasn't fallen, yet, chicken little.

**Benny Profane** · 05-15-2007, 10:56 AM

Originally Posted by Yossarian

Despite the fact that WalMart, which pretty much IS the retail world anymore, is predicting off sales in Q2?
They've proven to be awfully good at knowing their customer. Or maybe they're just sandbagging?

Not really. They are fucking up a lot lately. Too many new stores, failing to attract upscale customers, the fiasco in Germany. I use one near my girlfriend's in Baltimore, because it's basically the corner store, but I hate the experience, and feel guilty doing it. That isn't the way to keep customers.

**Benny Profane** · 05-15-2007, 10:59 AM

Originally Posted by mr_gyptian

real estate softening and real estate crashing are two completely separate entities.

Dream on. I'll be in the market for your house in, oh, about 2 1/2 years. Most people will take any offer at that point, if they have to sell.

**Toadman** · 05-15-2007, 11:02 AM

Depends on your definition of tank. Dollar ain't getting any stronger but there's so much excess labor out there, so inflation despite high gas/energy shouldn't have a huge effect on consumer spending. Cheap imports in USD terms can still be had. The current bull market has been fueled in part by home equity increases. So with that boom over, corp. earnings might stagnate a bit. However, the Euro and pound are strong so there might be a mini foreign investment boom to keep corp earnings going through this year. There's still a lot of private equity out there and low interest money to be had. China might start buying up America over the next few years with the billions of U.S dollar debt they hold. No one wants to see a free fall on the dollar. Just think all those countries USD reserves going down the toilet. Lastly Americans by and large are optimistic but Bush could start a war with Iran and the market would get slammed harder than a two bit whore in Amsterdam.

**mr_gyptian** · 05-15-2007, 11:14 AM

Originally Posted by Benny Profane

Dream on. I'll be in the market for your house in, oh, about 2 1/2 years. Most people will take any offer at that point, if they have to sell.

hopefully you'll be in the market for a car too. that way I can rip your face off twice.

**woodstocksez** · 05-15-2007, 11:16 AM

Originally Posted by Yossarian

Despite the fact that WalMart, which pretty much IS the retail world anymore, is predicting off sales in Q2?

OK, first, that is SO wrong. There are lots of classy people in the world and they shop at Target. Second, ... I don't have a second.

Target is classy.

**Yossarian** · 05-15-2007, 11:16 AM

Originally Posted by irul&ublo

Wow. What a bold fucking prediction, considering it dropped about 400 or so back in November. A 500 point drop is a whopping 3.7%.

Your question should be what is the market going to do over the next 10, 15, 20, 30 years, or whatever your investment horizon is.

Piss off!

I can ask any question I want, for whatever reason I want.

You have no idea what my motives are, or if they exist at all.

I reiterate my original: Will the DJIA drop MORE than 500 points in the next six months?

**Viva** · 05-15-2007, 11:17 AM

This thread has nothing to do with tanks.

**Benny Profane** · 05-15-2007, 11:19 AM

Originally Posted by mr_gyptian

hopefully you'll be in the market for a car too. that way I can rip your face off twice.

So, you're admitting to the world that you're a car salesman? And you took this job after you lost your job as a real estate agent?

**iceman** · 05-15-2007, 11:31 AM

Benny, you couldn't buy the materials to build my house now for what I paid to have it built 8 years ago. Plus they are estimating that there will be a million new jobs in the DC Metro area in the next ten years. Crash? What crash?

The peoples gots to live somewheres.

**Tap** · 05-15-2007, 11:32 AM

commodities, especially gold, are going to break out very very soon

**Benny Profane** · 05-15-2007, 11:37 AM

Originally Posted by iceman

Benny, you couldn't buy the materials to build my house now for what I paid to have it built 8 years ago. Plus they are estimating that there will be a million new jobs in the DC Metro area in the next ten years. Crash? What crash?

The peoples gots to live somewheres.

Ice, I owe you a few beers someday, but I'll bet you a bottle of Patron that there are 4 or 5 of your neighbors staring down some form of foreclosure within the next 12 months. And I don't care how nice your neighborhood is.

**iceman** · 05-15-2007, 11:41 AM

I'd be surprised, there are only 12 houses on the street and none of them has sold in the past seven years, I'll take that bet!

edit: I wonder if I could put "Benny owes Ice Patron" on the calendar.

**Tippster** · 05-15-2007, 11:42 AM

Plastics?

**Benny Profane** · 05-15-2007, 11:42 AM

Well, give, like, a 1/4 mile radius, OK?

**woodstocksez** · 05-15-2007, 11:44 AM

Originally Posted by iceman

Benny, you couldn't buy the materials to build my house now for what I paid to have it built 8 years ago. Plus they are estimating that there will be a million new jobs in the DC Metro area in the next ten years. Crash? What crash?

The peoples gots to live somewheres.

Yes, they do. How many new houses and apartment complexes are going to be built in the next 10 years?