Oh oh, what happened today? Stock morket

is this accurate?
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linky no workie!

tap here
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Even though our fuel prices never went down with the price of oil, I bet fuel prices rise with this new spike.

Man, is your negativity getting old. Really, really old. Why don"t you go spread it somewhere else? Or better yet, keep it to yourself.

O boy the prices are going up. Is that better Ahole?
It was in line with this thread, Somebody said the oil prices were an indicator of how the stock market was going to tank.
Your attitude, I just call them like I see them, vote repug.

Well, at least the oil price spike puts to rest those "...it's all supply and demand, supply and demand..." pronunciamentos...
Now, why don't we just declare oil a matter of nat'l security (it is!) and outlaw speculating or using oil as a hedge/hiding place...we don't seem to have any trouble making up new levels of...of...of...well, enemy combatants, whatever they are, and put a few oil speculators in Gitmo, incommunicado...
Oh, no; that wouldn't work, 'cuz the other oil speculators wouldn't know they were there...

Lets see,congress beginning to wake up,maybe wont bail out corporate welfare crooks,so the price of oil goes up,stocks down.Hmm,looks like a typical nnalert thing for Indiana Red and 2 or 3 others to be happy about,using oil to extort corporate welfare,and everybody else to be mad about.

Also on the verge of a depression,I think its about time somebody stopped these speculators with the oil,its getting stupid,and its hurting lots of people.It wont be the nnalert,they will act as if they never knew it was speculators.Labor Day is past and Bush is going to get as much oil money as he can.Should have already impeached him and this probably wouldnt be happening.I know,I know according to the geniouses the President has nothing to do with oil prices.Yeah well this one does.And the rest of the crookedness going on as well.

Experts no longer know where the ecconomy is headed.

Less than experts want to put their money in 'safe' or in 'good growth' places.

The govt is or isn't going to do this or that to help or not help someone or no one.

No one knows right now.

NO one.

So, lemmings will make markets go way up, way down, and all around.

Just hang on for a while. Don't let it get to you.

In the end, you will have about the same real assets, and about the same relative net worth compared to everyone else.

Paper might seem to be worth more or less, some companies might come or go.

But, it will all straighten out, & if you didn't do anything rash, you will be in about the same boat you were in before.

We've had a lot of bull market for a long time - a pyramid. House, stock, wood, copper, steel, dollar - all worth more & more and more.

Any fool can make money in that for a time.

Back to reality.

It's just a mad rush of folks getting used to less than a bull market. We have ups & downs.

People - including speculators - are going to make those highs & lows a little more wild than we are used to.

Give them time to relearn how this all works.

And you will be in about the same boat you were in before this bubble/ popped bubble deal happened.

Now, some want to get rid of the speculators. Hum. That is, of course, your retirement fund, or mine. That is the buyer that you or I want to sell to. That is the person willing to take a risk, and add investment dollars to a new business.

Get rid of them? Go ahead, kill the ecconomy.

Sheez.

--->Paul

Now I remember, aren't you mister supply and demand?
Also, I heard two people, while I was out this morning, that I wasn't having a conversation with, say the exact same scenario.

Wasn't it just about a year ago that the nnalert party in general, and the "loyal Bushies" in particular, were advocating private investment as a substitute for Social Security. Wonder what they think about that idea now!
Also, I don't mind, as a taxpayer, helping to bail out banks and Wall Street.
[b:70e5017d69]BUT[/b:70e5017d69] As a taxpayer, If I have to share in the risks I also want a share of the profit. When Wall Street and the banks were raking in the money nobody mentioned sharing it with the rest of us who now have to shoulder the risks?

Political discussion only gets old when it doesn't go their way.

nnalert advocated 'partial privatization' as an option for those under 50 who wanted to invest SOME of their SS dollars in the stock market. nnalert forget it was an option, and only partial. It's a shame to clutter a conversation with truth by using correct terms. Obviously the nnalert don't think people are smart enough to make wise investments of their own money.

Your argument dictates that the storm in Houston should and did have no affect on supply.

And my point to you was that I'm just tired of hearing your negativity. Period.

These topics can be discussed without such cynisism and pessimism. I respect people's right to disagree with me and have different views.

So you think this current downturn is permanent?

Show me any any 20 year period since the Depression in which the stock market has not outperformed, by great magnitudes, what the government promises to pay out in SS.

You know, if you die the day after you retire, you get nothing from SS. Nor does your spouse or children. All you paid over your entire lifetime is gone. If you have investments, they are still there in your estate, for you loved ones to have.

The Bush plan called for a very small amount to be eligible for investment in the markets, like 10% or less. The rest still went to SS.

The market has not fallen that much. Wall street is having a bad time, but not the economy overall.

And I still trust the markets to make me money over the long haul, much more than I trust the government.

"Bushies"? Please, have some manners. We don't have to call names just because we disagree.

Very well said, Paul.

And, that was more like 6 years ago.

Trucker 40 has the ability of expressing the smallest idea in the most words possible...Truly we are blessed with his presence!