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Politics : Don't Blame Me, I Voted For Kerry

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To: Lizzie Tudor who wrote (61254)5/8/2005 3:17:04 PM
From: Oeconomicus of 81568
 
"I also can't post a link because its javascript. Go look it up yourself."

Well, being a techie, you should at least be able to link the page where you found the link to the javascript info you claim as fact. But I understand if you prefer not to have to back up your "facts". I would resist, too, if I were you.

"This is commonly understood, all over the press..."

Gotta love a good argumentum ad populum.

"and why you don't "get it" and can't decipher what is meant by "naz" is beyond me."

The "naz", Lizzie, commonly refers to either of the two major indices of NASDAQ stocks, the NASDAQ 100 or the NASDAQ Composite. Alternatively, it can be used to refer to the virtual marketplace where NASDAQ listed stocks trade, as in "CSCO was the most active loser on the Naz today." In any case, I'll have to admit to being unable to decipher whatever it is you want me to "get" from your use of the word "naz".

Were you referring to A) all OTC stocks as of 1982 and today, B) NASDAQ National Market System stocks in 1982 and NASDAQ National Market List today, C) NASDAQ National Market System stocks in 1982 and NASDAQ National Market List together with the NASDAQ Small Cap Market List today, or D) something else entirely?

"Trying to defend Bush's dismal financial record still?"

Are you still trying to prove this is the worst economy ever, even after three and a half years of strong economic growth?

"BTW this january period in stocks was the worst since 1982 also."

Hmm. Just for grins, let's check that "Dizzie-fact" as well. Measuring by the S&P 500, the index most widely referred to when talking about general stock market performance, this January saw a 2.53% loss in stocks. So, how does that stack up? "The worst since 1982", you say?

OK, first let me "decipher" a bit and interpret what you meant as "the worst [January] since 1982." Is that what you meant? (Hint: It would be pointless and foolish to suggest otherwise as that would make you even more wrong.)

Liz, so sorry to have to tell you this, but it's not even the worst January THIS DECADE, much less since 1982. That honor goes to January 2000, when your boy Bill was riding high on bubble-mania and the S&P lost 5.1% in a month. As for 1982 itself, the S&P lost only 1.8% that month, so I am at a loss as to why you'd compare to that January at all.

But as you said, I just "don't get it". I guess I just don't have your imagination. One might even say it's "beyond me."
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