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Science Forum Index » Energy - Hydrogen Forum » The Panic Starts
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| Paul Thomas, CPA |
Posted: Tue Jan 22, 2008 9:53 am |
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<EskWIRED@spamblock.panix.com> wrote
Quote: In misc.survivalism P. Maffia <pmaffia@centurytel.net> wrote:
In simple words you might understand --- Since I was replying solely to
your
last note, I snipped all that came before as being unessential. There
were
no grammatical errors. And all I did was accurately and tersely point out
your inanities.
Yep. Trolling. I've done exactly that, and it was described by Curly as
trolling. He doesn't like that.
Yeah, trolling. You know, only throwing your line out and dragging it
around part of the ocean.
You should stop that. You need to be inclusive of the whole ocean, for
reasons unknown, as if leaving in the hydrographic map of the Indian Ocean
is insightful when you only need the gulf of mexico.
--
"For those who believe, no explanation is necessary. For
those who do not, none will suffice." - Joseph Dunniger
Paul A. Thomas, CPA
Athens, Georgia |
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| Too_Many_Tools |
Posted: Tue Jan 22, 2008 11:21 am |
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On Jan 22, 11:00 am, EskWI...@spamblock.panix.com wrote:
Quote: In misc.survivalism nick hull <nh...@isp.com> wrote:
In article <fn4qi8$f4...@reader2.panix.com>,
EskWI...@spamblock.panix.com wrote:
In misc.survivalism theloneranger...@aol.com wrote:
Anyone want to predict what Tuesday will bring?
Buying opportunities.
Lots of people lost their shirts buying bargains in 1929 ;)
Lots more made fortunes buying in 1987.
--
The whole problem with the world is that fools and fanatics are always so
certain of themselves, but wiser people so full of doubts.
-- Bertrand Russel
Wrong...millions lot everything in the Great Depression.
A few people made money in 1987...there is a reason why they call it
Black Monday.
I remember grown men breaking down and crying on that day.
TMT |
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| Guest |
Posted: Tue Jan 22, 2008 11:27 am |
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In misc.survivalism Curly Surmudgeon <Curly.is.not@home.com> wrote:
Quote: Nope, "value" is perceived and based upon a wide variety of commodities.
The dollar is but one and varies widely, in fact the dollar is down about
65% so a 12,000 DOW is more like 7,800 points seven years ago.
What you need to understand is that Curley thinks that foreign exchange
rates determine the prices of goods demoninated in Dollars.
I gave him a hypothetical of somebody investing enough money in the market
to buy a used Pinto, and then selling with enough proceeds to buy a
Caddillac.
He claimed that the person had "really" lost money, because in the
meantime, foreign exchang rates would have changed.
In what I quoted, he said it again, using different words.
He doesn't know the differnce between domestic inflation and foreign
exchange rates. Likely, he never will.
--
The whole problem with the world is that fools and fanatics are always so
certain of themselves, but wiser people so full of doubts.
-- Bertrand Russel |
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| Guest |
Posted: Tue Jan 22, 2008 12:57 pm |
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In misc.survivalism Paul Thomas, CPA <paulthomascpapc@bellsouth.net> wrote:
Quote: Now you are repeating uncontested dialog,
Well make up yuour mind. Should I snip what's "uncontested" or leave it al
in it's entirety.
Snip it out.
Curly thinks that only "trolls" fail to repeat the entire thread from the
beginning to say "Me Too" at the end, but most folks appreciate your
efforts.
Quote: Curly sez:
They should be everyday items needed by normal families, some typical
food items, clothing, shoes, transportation, entertainment and
especially foreign currencies.
Paul sez:
Yet you declare that foreign currencies are
"everyday items needed by normal families"?
He had to slip "foreign currencies" in there. He main thesis is that one
needs to discount stock gains by foreign currency fluctuations. He still
doesn't understand the relationships between foreign exchange rates,
domestic inflation, and domestic transactions.
So of course the normal families typically go to the foreign currency
store with their stock market gains, and try to buy what they need to
live. BUT! The stock market gains will not buy much foreign currency!
So they lost money in "real" terms!
Those fools who saw their account balances grow are fooling themselves,
according to Curly.
They thought that their Pinto investment is now worth a new Caddillac?
No way. The gains have turned into losses, because of foreign exchange
rates. They can still "Buy" a cadillac, but they are just fooling
themselves about its value. It is worth less than a used Pinto. Foreign
exchange rates, donchaknow.
Look at it this way: If your portfolio beats domestic inflation by
several percntage points, you are still losing money, because you can't
buy as much foreign currency.
Quote: "They should be everyday items needed by normal families.....especially
foreign currencies"
Troll! You snipped! He said nothing of the sort!
--
The whole problem with the world is that fools and fanatics are always so
certain of themselves, but wiser people so full of doubts.
-- Bertrand Russel |
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| Guest |
Posted: Tue Jan 22, 2008 12:58 pm |
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On Jan 22, 5:28 am, "Paul Thomas, CPA" <paulthomascp...@bellsouth.net>
wrote:
Quote: "Too_Many_Tools" <too_many_to...@yahoo.com> wrote
Anyone want to predict what Tuesday will bring?
Yup. The stock market will go down.
Then it will come up.
Then it will go down.
Then it will come up.
Life goes on.
And gold goes up as fiat currencies collapse...
http://www.gold-eagle.com/gold_digest_08/fekete012008.html |
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| nick hull |
Posted: Tue Jan 22, 2008 1:49 pm |
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In article <fn4qi8$f43$4@reader2.panix.com>,
EskWIRED@spamblock.panix.com wrote:
Quote: In misc.survivalism theloneranger100@aol.com wrote:
Anyone want to predict what Tuesday will bring?
Buying opportunities.
Lots of people lost their shirts buying bargains in 1929 ;)
Free men own guns - www(dot)geocities(dot)com/CapitolHill/5357/ |
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| P. Maffia |
Posted: Tue Jan 22, 2008 1:50 pm |
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<EskWIRED@spamblock.panix.com> wrote in message
news:fn4rni$f43$8@reader2.panix.com...
Quote: In misc.survivalism P. Maffia <pmaffia@centurytel.net> wrote:
In simple words you might understand --- Since I was replying solely to
your
last note, I snipped all that came before as being unessential. There
were
no grammatical errors. And all I did was accurately and tersely point out
your inanities.
Yep. Trolling. I've done exactly that, and it was described by Curly as
trolling. He doesn't like that.
Your right, Curly, just like the other morons, does not like having his
stupidities highlighted. |
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| Curly Surmudgeon |
Posted: Tue Jan 22, 2008 1:55 pm |
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On Tue, 22 Jan 2008 08:25:31 -0500, Paul Thomas, CPA wrote:
Quote:
"Curly Surmudgeon" <Curly.is.not@home.com> wrote
Again, you snipped the thread avoiding the original words.
Again, you've pieced it together without help. Amazing.
Yes, my mental facilities are above average. That is irrelevant to the
dialog, when you snip and misrepresent it requires patience and time to
reconstruct the dialog.
And you continue that practice so this will likely be my last word on the
topic.
Quote: You posted: "Five years from now we'll see much higher DOW numbers than
today"
And in five years we will know if that is true.
Now you are repeating uncontested dialog, because you've chopped the
conversation up and lost the thread. You aren't able to piece it together
without help.
Quote: which elicited my question: "No doubt but will the numbers in five
years represent greater value than in January 2000?"
Define "value".
I aimed the dialog down this road a half-dozen postings ago, now you want
to pursue it anew? You had the opportunity to engage in discussion but
instead played games and distracted.
Quote: For the seller, value means they trade for something (generally stock)
they think has greater value than what they are giving up (generally
cash).
Nope, "value" is perceived and based upon a wide variety of commodities.
The dollar is but one and varies widely, in fact the dollar is down about
65% so a 12,000 DOW is more like 7,800 points seven years ago.
Quote: For the buyer, value means they trade for something (generally cash)
they think has greater value than what they are giving up (generally
stock).
See above.
Quote: How do you propose to value the stocks in January 2000 and in January
2013?
Been there, done that.
Quote: By the Dollar. By the Euro? By the Yen? All you're doing is pricing
the stock, not valuing it.
Nope, you snipped the dialog which confronted this issue in order to
distract and deny. Your failure to engage is nobody's problem but your
own.
Quote: My point was/is that the "numbers" you imply meaningful really aren't
without relationship to some real world merchandise or property. The
"numbers" represent dollar prices of 25 stocks. Each of these stocks
are transnational both in services and ownership. The Dow moves not
only by company perceived value but by international currency
fluxuations.
That elicted my response: "That's what I just said, the dollar isn't a
valid reference to compare dollar value by. To which you replied:
Yet, that's how they are priced, and that's how you percieve their
*value* - in US dollars.
No, that is _not_ how I perceive value.
Yet, that's how you buy the stocks. In currency.
The two statements are not mutually exclusive.
Quote: "The DOW is down." "The DOW is up."
Both based not on values, but on prices.
See above.
Quote: Nor most of the world, the dollar is but the barter commodity however
that commodity varies continuously and must be factored into "value."
It's factored into the trade price......what the buyer and seller settle
on as the equal value of the numbers of shares -v- the value of the
number of dollars, euros, etc.
"It's"? Stop using pronouns. "-v-"? Stop using abbreviations.
Quote: Yes, I did and you've lost sight of the thread and morphed the dialog
by snipping and speaking in pronouns.
Do you mean to tell me that the English language tripped you up?
Fuck you, troll.
Quote: They should be everyday items needed by normal families, some typical
food items, clothing, shoes, transportation, entertainment and
especially foreign currencies.
If you want to have a real dialog then stop the distractions and
misrepresentation.
ME?? Misrepresentation?
Yes, you.
Quote: Yet you declare that foreign currencies are
"everyday items needed by normal families"?
Ok, you're either playing dumb or really are. Nowhere did I say such a
thing, you're taking parts of a conversation out of context them
misrepresenting snippits.
And again, you're snipping.
Quote: What normal family do you know that needs foreign currencies (plural) on
an everyday basis?
Troll.
-- Regards, Curly
------------------------------------------------------------------------
http://feeds.feedburner.com/SL/thegreen
------------------------------------------------------------------------ |
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| Guest |
Posted: Tue Jan 22, 2008 2:22 pm |
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In misc.survivalism EskWIRED@spamblock.panix.com wrote:
Quote: Lots of people lost their shirts buying bargains in 1929 ;)
Lots more made fortunes buying in 1987.
BTW, if one were to have bought the DOW index at the opening bell, and to
sell it just before closing, one would have made around 3% today.
--
The whole problem with the world is that fools and fanatics are always so
certain of themselves, but wiser people so full of doubts.
-- Bertrand Russel |
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| Paul Thomas, CPA |
Posted: Tue Jan 22, 2008 5:36 pm |
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"Curly Surmudgeon" <Curly.is.not@home.com> wrote
Quote: Paul Thomas, CPA wrote:
"Curly Surmudgeon" <Curly.is.not@home.com> wrote
Again, you snipped the thread avoiding the original words.
Again, you've pieced it together without help. Amazing.
Yes, my mental facilities are above average.
That you can keep up with a conversation without having to hear it all from
the begining every time is truely amazing. But it's far from "above
average".
Quote: And you continue that practice so this will
likely be my last word on the topic.
Oh goody.
Quote: Now you are repeating uncontested dialog,
Well make up yuour mind. Should I snip what's "uncontested" or leave it al
in it's entirety.
Quote: You aren't able to piece it together without help.
Good Lord.
Can you really - truely - not keep up?
Quote: For the seller, value means they trade for something (generally stock)
they think has greater value than what they are giving up (generally
cash).
Nope, "value" is perceived and based upon a wide variety of commodities.
Yet it all cooks down to cash.
Tisk, tisk, tisk.
Curly sez:
Quote: They should be everyday items needed by normal families, some typical
food items, clothing, shoes, transportation, entertainment and
especially foreign currencies.
Paul sez:
Quote: Yet you declare that foreign currencies are
"everyday items needed by normal families"?
Curly sez:
Quote: Nowhere did I say such a thing,
"They should be everyday items needed by normal families.....especially
foreign currencies"
From: Curly Surmudgeon <Curly.is.not@home.com>
Subject: Re: The Panic Starts
Date: Mon, 21 Jan 2008 18:54:08 -0800
Newsgroups: sci.energy.hydrogen,misc.taxes,misc.survivalism,us.politics
This is like big game hunting at the zoo. |
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| Robert Sturgeon |
Posted: Tue Jan 22, 2008 8:07 pm |
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On Tue, 22 Jan 2008 11:49:28 -0600, nick hull
<nhull@isp.com> wrote:
The stock salesmen will tell you that today, and any day, is
a good day to buy stocks. You might as well ask a real
estate salesman if today is a good day to buy a house, or a
car salesman if today is a good day to buy a car. Why does
anyone listen to those stock touts?
Think for yourselves, people.
--
Robert Sturgeon
Alcohol, Tobacco & Firearms should be a convenience store, not a government agency.
http://www.vistech.net/users/rsturge/ |
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| Bob Brock |
Posted: Tue Jan 22, 2008 8:20 pm |
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On Tue, 22 Jan 2008 08:28:52 -0500, "Paul Thomas, CPA"
<paulthomascpapc@bellsouth.net> wrote:
Quote:
"Too_Many_Tools" <too_many_tools@yahoo.com> wrote
Anyone want to predict what Tuesday will bring?
Yup. The stock market will go down.
Then it will come up.
Then it will go down.
Then it will come up.
Life goes on.
You never know. The fed may announce an unplanned 3/4 percent drop in
the prime with a promise of more next week in an attempt to prop up
the stock markets.
Is it a sign of panic on the part of the Fed? Will the consumers view
it that way?
Time will tell. |
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| Dan Bloomquist |
Posted: Wed Jan 23, 2008 2:46 am |
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Bob Brock wrote:
Quote:
You never know. The fed may announce an unplanned 3/4 percent drop in
the prime with a promise of more next week in an attempt to prop up
the stock markets.
Is it a sign of panic on the part of the Fed? Will the consumers view
it that way?
The 'consumers' are idiots. You need to get out there among them. It
will make your skin crawl. |
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| Paul Thomas, CPA |
Posted: Wed Jan 23, 2008 8:48 am |
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"Bob Brock" <bbrock@i-americia.net> wrote
Quote: You never know. The fed may announce an unplanned
3/4 percent drop in the prime with a promise of more
next week in an attempt to prop up the stock markets.
Ya think they'd do that? |
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| Paul Thomas, CPA |
Posted: Wed Jan 23, 2008 8:53 am |
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"Dan Bloomquist" <public21@lakeweb.com> wrote
Quote: Bob Brock wrote:
You never know. The fed may announce an unplanned
3/4 percent drop in the prime with a promise of more
next week in an attempt to prop up the stock markets.
Is it a sign of panic on the part of the Fed? Will the
consumers view it that way?
The 'consumers' are idiots. You need to get out there
among them. It will make your skin crawl.
Consumers don't seem to be driving the stock market, investors do.
Consumers continue to buy goods and services, maybe less so than before,
maybe not. The company management makes good business decisions and turns a
profit, albeit less than anticipated, and the investors punish other
investors by selling off those shares causing the price to drop. Mind you
that dividends still get paid out (maybe even at the same per-share rate as
prior quarters).
If you think consumers are idiots, you should hang out with investors. |
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