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Dow 13,000

Discussion in 'Money & Finance Forum' started by meatpile, Apr 25, 2007.

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  1. Apr 25, 2007 at 9:43 AM #1
    meatpile

    meatpile 7-9

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    Kinda cool. Still, nobody mentions that the Nasdaq is worth half what it was 7 years ago.

    S&P is on the verge of getting back to it's high from 2000 - that's a milestone IMHO.
     
  2. Apr 25, 2007 at 10:14 AM #2
    slydevl

    slydevl Asshole for the People!

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    Nasdaq was a bubble. The value was never there so of course it hasn't gotten back.
     
  3. Apr 25, 2007 at 10:19 AM #3
    meatpile

    meatpile 7-9

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    Doesn't change the fact that the equity was lost. Dow was a bubble in '29 - and didn't get back to its '29 high for 25 years. That's a pile of suck right there. Wouldn't be unreasonable for the Nasdaq to need another 10-15 years.
     
  4. Apr 25, 2007 at 7:06 PM #4
    VA49er

    VA49er Full Access Member

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    Due for a pullback.
     
  5. Apr 25, 2007 at 7:09 PM #5
    slydevl

    slydevl Asshole for the People!

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    Yep. I just moved everything into alpaca futures.
     
  6. Apr 25, 2007 at 8:20 PM #6
    Stargazer

    Stargazer American Girl

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    Are yams getting ready to slide?
     
  7. Apr 25, 2007 at 9:02 PM #7
    slydevl

    slydevl Asshole for the People!

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    Shit no. You got to feed them alpacas something.
     
  8. Apr 26, 2007 at 9:12 AM #8
    meatpile

    meatpile 7-9

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    Nasdaq 100 LOL. Wasn't this one of the first ETFs? Fucker went down like Holly B.

    The all-time highs for the index, set at the height of the dot-com bubble in 2000, stand above 4700 points, while its recent bear market lows in 2002 occurred below the 900 point level.

    So - 4700 to 900. YAY!

    Dumb-luckest move of my life was selling all non-retirement stocks in summer 2000 to buy my house. I didn't own the qqq though.
     
  9. Apr 26, 2007 at 6:43 PM #9
    kshead

    kshead What's the spread?

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    Apple.

    Closed around $100 today.

    The company has been dead TWICE in the last 15 years and has come back from the fucking grave each time.

    I hope someone here bought that shit @ $6 a while back.
     
  10. Oct 1, 2007 at 1:26 PM #10
    VA49er

    VA49er Full Access Member

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    Dow > 14000 today so far. Is this finance or fortune telling? Dow up despite bad news from some large banks as so called experts think the bad news may mean a future rate cut. Unbelievable.
     
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