Whats the problem of being over 9000? I mean, whats the problem if the stock was under 100? I don't understand these things.
Sadly, I wouldn't rule out a depression at this point. So far we haven't seen the mass layoffs or business failures which will probably eventually occur. For example, all the auto dealerships that will go under once their money runs out.
I would say if GM is healthy 6 months from now... INVEST in them. They seem to get it. The Volt will be huge, I like the direction they are heading. I do not see a depression coming. I see a major inflationary period ahead, tight credit, and higher job loss. No Depression the fundementals of the US economy are too strong, even Obama becoming president would not lead us to a depression.
I having been analyizing the economic leaders, and they seem good. Most of the doom in gloom you see politicalization of the crisis for gain. Yes, it is bad, but the politicians are making it seem worse than it is.
End of 2009 Predictions (Set, January 1st 2009)
Wii- 72 million 3rd Year Peak, better slate of releases
360- 37 million Should trend down slightly after 3rd year peak
PS3- 29 million Sales should pick up next year, 3rd year peak and price cut
| bigjon said: I would say if GM is healthy 6 months from now... INVEST in them. They seem to get it. The Volt will be huge, I like the direction they are heading. I do not see a depression coming. I see a major inflationary period ahead, tight credit, and higher job loss. No Depression the fundementals of the US economy are too strong, even Obama becoming president would not lead us to a depression. I having been analyizing the economic leaders, and they seem good. Most of the doom in gloom you see politicalization of the crisis for gain. Yes, it is bad, but the politicians are making it seem worse than it is. |
Seriously bigjon, wake up. The economy is way beyond people "politicizing" it to be a crisis for gain. And it looks like you copy and pasted some of what you said straight out of things McCain has said before (bolded parts). Are we all just "a bunch of whiners" too? In a "mental recession"?
Here is the YTD chart of the DOW. You see that part at the end there? That is the last month. There is about a 3000 point drop in 1 MONTH. You can't really spin that to be something minor.
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
| akuma587 said: There is about a 3000 point drop in 1 MONTH. You can't really spin that to be something minor.
|
sure you can...your still doing fairly well comparatively to other countries. for example, a couple weeks ago the russian market went down 25% in a single day.
"I like my steaks how i like my women. Bloody and all over my face"
"Its like sex, but with a winner!"
MrBubbles Review Threads: Bill Gates, Jak II, Kingdom Hearts II, The Strangers, Sly 2, Crackdown, Zohan, Quarantine, Klungo Sssavesss Teh World, MS@E3'08, WATCHMEN(movie), Shadow of the Colossus, The Saboteur
Blackbird the stock market is one big casino. You can make a bunch or lose your shirt.
| bigjon said: I would say if GM is healthy 6 months from now... INVEST in them. They seem to get it. The Volt will be huge, I like the direction they are heading. I do not see a depression coming. I see a major inflationary period ahead, tight credit, and higher job loss. No Depression the fundementals of the US economy are too strong, even Obama becoming president would not lead us to a depression. I having been analyizing the economic leaders, and they seem good. Most of the doom in gloom you see politicalization of the crisis for gain. Yes, it is bad, but the politicians are making it seem worse than it is. |
wow, how much faster can one lose his credibility!
of course, you did say "if" GM is healthy 6 months from now. well, i can also say that if the economy is fine 6 months from now, you can pretty much invest in anything and make money.
you think politicians are making it seem worse? i actually think they're underestimated how bad it is. especially two weeks ago when they couldn't even pass that stupid bill.
the Wii is an epidemic.
Man the layoffs from this are going to be pretty epic indeed. I hate the NRA, but it may be time to get me a gun.
Can we still buy assault rifles?
I wouldn't touch GM with a ten foot pole. The Volt is over 3 years away and they still don't have the battery worked out yet. Nobody is going to buy their cars in the next year or two. They are up to their ears in debt. How do you think they are going to pay bills if they can't get any more loans and nobody is buying their product???
| FishyJoe said: I wouldn't touch GM with a ten foot pole. The Volt is over 3 years away and they still don't have the battery worked out yet. Nobody is going to buy their cars in the next year or two. They are up to their ears in debt. How do you think they are going to pay bills if they can't get any more loans and nobody is buying their product??? |
i thought the USGov was going to give the vehicle manufacturers a $25b "loan" ?
"I like my steaks how i like my women. Bloody and all over my face"
"Its like sex, but with a winner!"
MrBubbles Review Threads: Bill Gates, Jak II, Kingdom Hearts II, The Strangers, Sly 2, Crackdown, Zohan, Quarantine, Klungo Sssavesss Teh World, MS@E3'08, WATCHMEN(movie), Shadow of the Colossus, The Saboteur
About Us |
Terms of Use |
Privacy Policy |
Advertise |
Staff |
Contact
Display As Desktop
Display As Mobile
© 2006-2024 VGChartz Ltd. All rights reserved.
