Dow drops below 9,000, S&P nearing 900

Since I'm done wasting my breath debating you on this.. I will reply to everything you posted in a non political/non business way.

Quote:

Originally Posted by maladroit

"Honestly debating with you is like talking to my 2nd grade teacher"

- sorry if it sounds like i'm talking down to you but you're asking me to explain the painfully obvious like so:

I asked you to explain in regards to the topic of which our dialogue consisted. That was stock market investing. I did not ask you how the Mortgage crisis effected it. The question that was posed was a generic one and required a basic rebuttal comprising of how to invest in the stock market with everything else aside.

Instead of answering this question directly; you chose to "prove yourself right" by going around the question and indirectly attacking it.

I did not think you were talking down to me at all in your repost. I have much thicker skin than that.

Quote:

"your points here have nothing to do with the stock market and "a fact that a lot of people didn't play by the rules and it wiped out $??". The mortgage and loan crisis is a predecessor to the economic crash. We were talking specifically about Stock market investment in the dialogue we had going."

- the stock market doesn't exist independently of people in financial industry who don't play by the rules...that's like claiming enron's stock performance had nothing to do with the crimes committed by their executives

Again, we were not discussing how the rest of the financial industry ties into the stock market. We were discussing investment and the stock market itself in a general sense. You seem to fail to realize how you did not actually answer my question but rather went around it to make it appear as if you were right and my questioning you was unfounded. You do this in many of your posts. Most of the time I let it slide but I feel it's important that people see this. Hell, maybe you don't even realize you're doing it; although I doubt it because it happens in every post you do. Look at the "what do you think?" thread where I make a simple comment how the person's comment wasn't exactly tasteful and they were criticizing McCain supporters of something similar. It was a personal observation of mine but you chose to chime in to try to be right and prove me to be wrong.

Sorry buddy... you can't prove me wrong on a personal observation since that would be my own opinion and an opinion is neither right nor wrong.

Quote:

"In any case, I never said I had lack of knowledge.. I said I'm not an expert"

- lacking depth of insight means the same thing as not being an expert...it wasn't an insult...i lack depth of insight into many financial issues too...i'm still waiting for someone to explain what 'non-borrowed reserves' means on the federal reserve link i posted earlier in this thread because i lack the depth of insight to understand the term even though i know exactly what the individual words mean

insight
Noun
1. a penetrating understanding, as of a complex situation or problem
2. the ability to perceive clearly or deeply the inner nature of things

Collins Essential English Dictionary 2nd Edition 2006 © HarperCollins Publishers 2004, 2006

Now you're arguing semantics and being slightly condescending. While I may not be an expert, I do not lack insight. Saying I have lack of insight is very similar to if you were to call me ignorant; since you like to quote definitions here is the definition of ignorant for you:

ignorant
One entry found.

Main Entry:
ig·no·rant Listen to the pronunciation of ignorant
Pronunciation:
\ˈig-n(ə-)rənt\
Function:
adjective
Date:
14th century

1 a: destitute of knowledge or education <an ignorant society> ; also : lacking knowledge or comprehension of the thing specified <parents ignorant of modern mathematics> b: resulting from or showing lack of knowledge or intelligence

While the definitions are not identical, they are very similar.

Furthermore I was not using the word expert in the way you tried to apply it; I used the word expert as in "Novice, Intermediate, Advanced, and Expert".

I would say I lie somewhere between Intermediate and Advanced.

This is further evidence on how you just can't let a topic go and must insist on being right.

Thank you for the tons of examples you have exemplified over your numerous posts for me to reveal your true nature. :thumbsup:

Again I'm done debating things with you; but I may take time out to call you out when you try to act like you're above it all. :hippy:

sorry to make you waste your breath...i enjoyed our discussions...happy trails!

Dow drops below 9,000, S&P nearing 900

I think this was engineered by the elite that really run this country. I think the first bailout attempt for $700 billion w/ only 3 pages was a scam. They knew everyone would get pissed off. We contacted our reps and they *surprise* came threw and voted no. Then it comes back, filled with an additional $150 billion in bullshit and 400+ pages and it passes. WTF? I think they planned it to happen that way. Just like the Patriot Act was so conveniently available after 9/11. Back to the volcano ... :hippy:

Dow drops below 9,000, S&P nearing 900

Quote:

Originally Posted by 5016169

I think this was engineered by the elite that really run this country. I think the first bailout attempt for $700 billion w/ only 3 pages was a scam. They knew everyone would get pissed off. We contacted our reps and they *surprise* came threw and voted no. Then it comes back, filled with an additional $150 billion in bullshit and 400+ pages and it passes. WTF? I think they planned it to happen that way. Just like the Patriot Act was so conveniently available after 9/11. Back to the volcano ... :hippy:

Look at the 17th amendment. There you will find the real reason such unethical practices (democracy) are now all too common...

I am as libertarian as anyone you know, but the fact remains, i do not want to suffer, nor do i want to see my fellow citizen(s) suffer. Things have to change from the outside in, but in order for that to happen, we have to press for that very change.

Does that constitute as an inside out change? Who knows, but the fact of the matter is popular choice is not always the "right" one. Natural mechanism's will begin to expose this. The "right" choice is not always the best choice. Sooner than later, the line between best/ right will not be nearly as gray.

Live now will not always be an option... Be thankful if you are truly able to be bestowed with that option:jointsmile:

Dow drops below 9,000, S&P nearing 900

memory lane:

july 30 1997: dow jones closed at 8,254 (roughly where it was earlier this morning)

july 1 1997 hong kong returned to china (roughly where it was in 1898)