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TheRealMafoo said:
akuma587 said:
Well, at least the DOW has gotten out of the 6000's. I predict that the bottom we recently hit was the lowest we will see the DOW go in the foreseeable future. This is because the financial system doesn't seem to be as bad off as most people thought, or at least will be able to recover quicker than most people thought.

It was looking pretty grim there for awhile.

 

I say in the next few months, we will see the DOW lower then it has been. This local min is just that... local.

What is your argument to that effect?  I don't really see anything in the foreseeable future that will cause the stock market to go belly-up.  You can say that a large deficit in Washington will do it, but there isn't a lot of historical evidence that Wall Street worries about the country running deficits.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson