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How Low Can It Go?

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Old 03-04-2009, 09:47 AM   #61
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Re: How Low Can It Go?

5,800
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Old 03-04-2009, 03:44 PM   #62
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Re: How Low Can It Go?

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Originally Posted by 4mrusmc View Post
djnemo65, I may not be as profound as some of our esteemed members of this fine community. But, when the largest global domino (the U.S.) has a it's economy in the toliet. All of the other little dominoes fall suit.

When our president, and his supporters are openly hostile to people of higher means, what would you expect the economy to do?

The vast majority of the people who pulled the lever for the big O, stepped out of that same voting booth with their hand-out looking for a pay-out. Where as the vast majority of the people who voted for the other guy, simply tried to stem the tide. Most of the same people who chant "yes we can", look for government as a solution to their problems. It's not their fault, they just don't know any better. Do you really think that those "yes we can" people will want to roll up their sleeves, and create, innovate, and put forth anything that will have an impact on our current economic crisis? Really, do you?

I think that this government really needs to be aware of who really drives this economic machine, and stop fing with it, and being hostile to it.

Somewhere there is a community missing it's organizer. Interestingly ironic, yes it is.
sorry, but this is ignorance at its best
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Old 03-04-2009, 03:46 PM   #63
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Re: How Low Can It Go?

For reference:



Our Troubled Economy Is a Response to Barack Obama's Policies - WSJ.com
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Old 03-04-2009, 04:13 PM   #64
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Re: How Low Can It Go?

Here's some more food for thought:

Obama’s Top Five Broken Promises FOX Forum FOXNews.com

Some Quick Charts on the 2010 Budget | Americans for Prosperity
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Old 03-04-2009, 05:27 PM   #65
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Re: How Low Can It Go?

I've said numerous times around here that I don't get into political debate on the Warpath, however I don't hide the fact that I'm conservative.

This is a solid little write up on our new Tax & Spend Commander In Cheif:

Obama Declares War on Investors, Entrepreneurs, Businesses, And More - Money and Politics Blog - CNBC.com

Edit: I'll throw my hat in- since several people are picking 5000, I'll go 5100 for sh*ts and giggles.
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Old 03-04-2009, 05:41 PM   #66
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Re: How Low Can It Go?

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Now I hear that Obama is looking into removing the ban on gay's in the military. I hope he spends all his time for the next year working on only that issue.
meanwhile, the whole country goes belly up. good thought process
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Old 03-04-2009, 05:46 PM   #67
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Re: How Low Can It Go?

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meanwhile, the whole country goes belly up. good thought process
Please Mister Obama sir, please don't let our country go belly up.
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Old 03-04-2009, 06:44 PM   #68
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Re: How Low Can It Go?

Update: The Dow was up today closing at 6875. The updated predictions are below. If anyone made a guess that I missed, please advise.

jsarno: 6000
Schneed10: 6000
Mattyk72: 6000
SmootSmack: 5800
djnemo65: 5500
GMScud: 5100
redskinjim: 5000
Saden1: 5000 (not out of the question)
FRPLG: 4900
Slingin Sammy 33: 4800
Buster: 3500
70Chip: 3499
Chimpy: 1800
CRedskinsRule: 0
That Guy: < 0 (possibly)
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Old 03-04-2009, 06:47 PM   #69
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Re: How Low Can It Go?

Hey 70, how about doing this like Schneed does the salary cap, put the guesses in the 1st post, and update occasionally.

Also, if this is for all the money (so to say) can I put a real guess at 4950.

thx.
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Old 03-04-2009, 06:48 PM   #70
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Re: How Low Can It Go?

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Originally Posted by CRedskinsRule View Post
Hey 70, how about doing this like Schneed does the salary cap, put the guesses in the 1st post, and update occasionally.

Also, if this is for all the money (so to say) can I put a real guess at 4950.

thx.
Godd call.
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Old 03-04-2009, 06:58 PM   #71
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Re: How Low Can It Go?

Quote:
Originally Posted by 70Chip View Post
Update: The Dow was up today closing at 6875. The updated predictions are below. If anyone made a guess that I missed, please advise.

jsarno: 6000
Schneed10: 6000
Mattyk72: 6000
SmootSmack: 5800
djnemo65: 5500
GMScud: 5100
redskinjim: 5000
Saden1: 5000 (not out of the question)
FRPLG: 4900
Slingin Sammy 33: 4800
Buster: 3500
70Chip: 3499
Chimpy: 1800
CRedskinsRule: 0
That Guy: < 0 (possibly)
LOL!
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Old 03-04-2009, 07:17 PM   #72
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Re: How Low Can It Go?

Yes. Chimpy is quite bearish which surprises me. Perhaps it's the Xanax tea.
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Old 03-04-2009, 07:22 PM   #73
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Re: How Low Can It Go?

Quote:
Originally Posted by GMScud View Post
I've said numerous times around here that I don't get into political debate on the Warpath, however I don't hide the fact that I'm conservative.

This is a solid little write up on our new Tax & Spend Commander In Cheif:

Obama Declares War on Investors, Entrepreneurs, Businesses, And More - Money and Politics Blog - CNBC.com

Edit: I'll throw my hat in- since several people are picking 5000, I'll go 5100 for sh*ts and giggles.
I find it comical that those who generally oppose all forms of bailouts are now concerned with the well being of the market and find those who "speak" for the market credible. The irony is quite rich. What a shameless world we live in...you should be ashamed of yourselves Mr. Conservatives

I give you the shameless Larry Kudlow who likes his bailout:


Last edited by saden1; 03-04-2009 at 07:55 PM.
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Old 03-04-2009, 07:52 PM   #74
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Re: How Low Can It Go?

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Originally Posted by 70Chip View Post
Yes. Chimpy is quite bearish which surprises me. Perhaps it's the Xanax tea.
LOL, actually Chimpy's descent into nihilism has been well documented. Did you ever hear about the circus incident in which, at a particularily important show, Chimpy halted his acrobatics mid performance and, in a rage, began yelling at the crowd, "what is it all for!? Flipping for you peasants like a goddamn monkey in a cage, getting some money, only to die at the end! WHY! Money can't save you! There is no god! Burn it all down! Wake up you primates, life is meaningless!"

Chimpy was never the same after that. Some blame the drugs, but I blame the darkness that exists in his soul.
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Old 03-04-2009, 08:43 PM   #75
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Re: How Low Can It Go?

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Originally Posted by dmek25 View Post
sorry, but this is ignorance at its best
I'm sorry that you feel that way dmek25. I'm merely pointing out examples of "spreading of wealth".

Buisnessmen and investers alike want to make as much money as they can. I was just pointing out that the specter of the Obama administration, prior, and post election had people taking their money and running.

Remember my friend, there are no free lunches.

Lock me in at 3800.
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Last edited by 4mrusmc; 03-04-2009 at 08:51 PM.
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