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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (290211)6/13/2006 11:04:43 PM
From: tejek  Read Replies (1) | Respond to of 1571177
 
To get the true measure of an economic recovery you have to look back to it after its over. I suppose you think this one will be over soon. Well we will see.

I already have a measure of the current recovery. Have you watched the markets lately? You should. I have never seen a downdraft as severe as this one. The one in 2000 was long adn depressing but never fell off a cliff like this one. There are so many, many stock charts that look like ski jumps. Here's one.......ERS:

clearstation.etrade.com

The stock went from $64 to $12 in a little over a month's time. There are numerous charts like that one. Fear creates ski jumps in stock charts......that's the measure of your recovery....fear. BTW just so you know, ERS reported a good quarter. Imagine where they be if they hadn't. GS beat the street yesterday by $.19 per share.......went down $6 today.

No one trusts this recovery.....and for good reason. Look who's at the helm of the ship.



To: TimF who wrote (290211)7/21/2006 3:36:33 AM
From: RMF  Respond to of 1571177
 
If you've followed recoveries over the last 40 years you kinda get a feeling for those things.

Myself and the people I respect seem to think this recovery is rather ephemeral in nature.

It was based on low interest rates and easy money and will not survive long in the REAL world of inflation and trade deficits.



To: TimF who wrote (290211)7/21/2006 12:38:10 PM
From: tejek  Respond to of 1571177
 
To get the true measure of an economic recovery you have to look back to it after its over. I suppose you think this one will be over soon. Well we will see.

Look, Tim, I don't know what's wrong with you guys. Somewhere your brains got into a track that sees things very differently. I suspect you are not bad people really but your ability to perform in a complicated situation is rather muted. Not just you but most of the people that believe that things are okay and that Bush and the US are doing fine. He isn't. The economy isn't. The world isn't. Nothing is fine right now. And most of it is attributable to Bush, his supporters like you, and your doctrine and ideology.

The stock market is a mess. With good earnings and good forward guidance, a stock may go up but for no more than a day. On so so earnings and forward guidance, it goes down....day after day after day even as it becomes oversold. On bad earnings, it plummets. This is after months of selling off prior to earnings. If you don't believe me, go look at CAT's earnings report it gave today and its future guidance. Both were excellent. It got upgrades. The stock is down. The oils which are making money hand over fist thanks to Bush keep selling off. It doesn't make sense.......the world is making less and less sense.

Your president is nuts and in trouble emotionally. The swearing and the back rubbing are symptomatic of that problem. His administration has no credibility anywhere. Even conservatives are saying he's pretty ineffectual on the world scene. Iraq is a total mess. Afghanistan is hanging on a wing and a prayer. And where he might have some impact, he makes the wrong decision........letting Israel bomb the hell out of Lebanon is the wrong thing to do.

Its time you guys step aside. Resigning sometimes is the only right thing to do. You all have to get out of the way.....you are ruining this country. You aren't very good at just about everything. You have to accept that reality and act accordingly. I am not joking.........this country is in some serious shit and we can't afford you guys anymore. You need to resign for the good of the country. If you love America as you all profess, you will resign.



To: TimF who wrote (290211)7/21/2006 12:57:28 PM
From: tejek  Respond to of 1571177
 
Message 22643825