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chris302001
Banned
I dont know what any of that means.....
Stock Market Hits 1997 Level
- Thread starter javaguru
- Start date
I dont know what any of that means.....
javaguru
Banned
Just sayin' my high school educated dad was smarter than me..
Razorguns
Well-known member
I just love it when people look at to the stock market for anything.
It fell after 9/11, it tanked after the dot-com, it tanked on black monday (remember that kids?), it tanked during the depression, it tanked after iraq war started become a clusterfuck, it tanked also when gas prices rose (i bet you already forget that huh?).
Stock Market is where speculators with money want to GAMBLE away their savings. Stupid people = parted money. The smart men are the ones TAKING the money from the fools. Notice: real rich and intelligent people don't play the stock market. I think there was a study that a monkey throwing darts a dartboard came out ahead then 5 respected educated stock analysts.
All those stock market 'tanks' have had ZERO percent change in my life. Read up on some books on how the stock market system is really a big fat scam. It generates no GDP or wealth, only profits from scams of trading money back and forth. That's it!
(that's like me and dialtone exchanging $5 back and forth 20 times, and each time Pick3 gets 20c to blow on male thai ladyboy hookers. ie: "no wealth" is created. Stock Market isn't an "industry").
r
It fell after 9/11, it tanked after the dot-com, it tanked on black monday (remember that kids?), it tanked during the depression, it tanked after iraq war started become a clusterfuck, it tanked also when gas prices rose (i bet you already forget that huh?).
Stock Market is where speculators with money want to GAMBLE away their savings. Stupid people = parted money. The smart men are the ones TAKING the money from the fools. Notice: real rich and intelligent people don't play the stock market. I think there was a study that a monkey throwing darts a dartboard came out ahead then 5 respected educated stock analysts.
All those stock market 'tanks' have had ZERO percent change in my life. Read up on some books on how the stock market system is really a big fat scam. It generates no GDP or wealth, only profits from scams of trading money back and forth. That's it!
(that's like me and dialtone exchanging $5 back and forth 20 times, and each time Pick3 gets 20c to blow on male thai ladyboy hookers. ie: "no wealth" is created. Stock Market isn't an "industry").
r
walliwalibus
New member
LOL that the stock market doesn't make money.... That was about ignorant. You make the right educated choices and talk with AV I bet you would have a better understanding. You are correct technically when you say the stock market is not a industry. Yet 10's of 1000's of industries rely on people placing stock (money) into their company. America wouldn't be America without the Stock Market LOL. WTF
walliwalibus
New member
Enjoy the meat up!
digimon7068
New member
absolutely. . .i'd enjoy that. . .lets see what we can make happen after tax season. . .pittsburgh? i have business there on a pretty regular basis. . .lots of great watering holes. . .many that i know well from my 12 years in the city
Razorguns
Well-known member
Yeah cuz when the first people came to America - and there was no stock market - they go on their boats and went home.
Yeah it creates jobs - from analysts, traders, secretaries, journalists, accountants, news reporters, newspapers, magazines, journals, banks, etc. etc.
Look up the history of how the stock market was created. Look at it's root. It's a big fat casino where people try to make money by virtue of a large amount of people who lose money. Sound familiar to another place? You can't have a stock market where everyone makes money. It doesn't work like that. Odd, because you can industries where everyone is making a profit (eg: oil).
Have you noticed no one is asking the 'stock market industry' to save us and take us out of a recession
Come on stock traders save us!!!
r
chazk
New member
Yeah cuz when the first people came to America - and there was no stock market - they go on their boats and went home.
Yeah it creates jobs - from analysts, traders, secretaries, journalists, accountants, news reporters, newspapers, magazines, journals, banks, etc. etc.
Look up the history of how the stock market was created. Look at it's root. It's a big fat casino where people try to make money by virtue of a large amount of people who lose money. Sound familiar to another place? You can't have a stock market where everyone makes money. It doesn't work like that. Odd, because you can industries where everyone is making a profit (eg: oil).
Have you noticed no one is asking the 'stock market industry' to save us and take us out of a recession
Come on stock traders save us!!!
r
True to a certian degree, a Company is formed. The company Takes money from the public shareholders.
The ceo's ,owners and top exec's line their pockets with wealth getting paid from the share holders.
Company bounces around performing not performing so on and so on and rarley gives a shit ether way.
The top guys get bonuses , stock options and make tons of cash.
WITH NO RISK . The company goes under or loses money ITS THE SHAREHOLDERS THAT LOST MONEY . The top guys get paid reguardless.
It truley is the " FAT CAT SCHEME " some shareholders make money
but alot of them dont.
For ever 1 wal-mart that exist 250,000 other companies dont make it and the ceo's will suck the shareholders dry till the bitter end
I think the worst part of todays market failure is the lack of significant volume that signals a bottom!
Razorguns
Well-known member
Word. I bet people hear "Shareholders lose money" a lot more often than "Shareholders celebrate riches" in the news.
By elitists at the top -- the perception that 'stock market = making money' must be kept alive, so shady people with expensive desks in high-rises can continue to fleece money from old people, small businesses, middle class folks retirement plans. This status quo ain't going away no matter what. "The future is in oil commodoties and drug companies! Buy Buy Buy Grandpa!".
Funny, when this country was formed 'hard work = making money' used to be the mantra. Boy have times changed. People want shortcuts - which is why they fell so easily for that housing scam.
"There are no shortcuts in making money".
r
