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motorheadFat, drunk and stupid is no way to go through life

NASDAQ closed above 5000 for the first time since the Dot Com Era.

Miss Upton, please allow me to ntroduce myself I'm a man of wealth and taste

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Avatar for Dougster
Dougster

motorhead: "NASDAQ closed above 5000 for the first time since the Dot Com Era. "

But back in October Stevie-girl and The Economist were telling us what a dire situation the world economy was in. And all the mindless cock-sucking circle-jerkers on TUSCL just sheepishly nodded there head in agreement. So how did they get things so wrong?

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motorhead

Where is Steve?

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Avatar for tumblingdice
tumblingdice

High tide lifts all ships.As far as blowjobs I'm still getting 2000 prices.Take that GeorgeJungle.Bwahahahahahaha.

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Avatar for JamesSD
JamesSD

It's feeling a little frothy to me. But I don't want to miss the run up.

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Avatar for tumblingdice
tumblingdice

Hey James ,when Bebe gives his speech it just might be over.

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Avatar for jester214
jester214

Steve thought the economy was gonna implode, Dugly predicted RICK would double or triple.

Good reasons to not take your economic/stock advice from some jerkoff on a strip club forum.

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Avatar for Diva1975
Diva1975

With only a 44.5 point increase big fucking deal

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Avatar for tumblingdice
tumblingdice

44.5 on the NAS Is huge.Diva put more stock in your puss.

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Avatar for ilbbaicnl
ilbbaicnl

Suzie Ormon recommends you sell enough stock to pay for at least one blow job per day until equities are down to only 60% of your portfolio. She calls it the Port-fellatio rule.

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tumblingdice

^^^^ Another one with Unicorns and Astrology.

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Avatar for Diva1975
Diva1975

Good advice tumbling you have to spend money to make money. I stand corrected re NAS

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Avatar for san_jose_guy
san_jose_guy

So probably then the stupidest thing one could do is to buy into the present bubble, as it probably is at about the bursting point.

SJG

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Avatar for Mate27
Mate27

^^^ Wrong!

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Avatar for san_jose_guy
san_jose_guy

The way to make money is to buy low and sell high. But if you wait until it is obviously high, then you have already lost half of your potential advantage. You have bought into great risk.

Speculators make their money by telling people that something is so great that they have to buy in. "Just look at how much it has already gone up!"

Fact is, each of these booms does great economic harm. Very hard to stop a bust once it starts. But if you don't support the booms, then the busts will not be as bad.

The less booms and busts we can have, the better.

SJG

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Avatar for Dougster
Dougster

Large funds have been buying around these recent highs in many names. Some stocks are stretched. So nothing atypical right now. Overall nothing to worry about, IME.

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Avatar for Mate27
Mate27

Fact is that bull markets can last 7-10 years on average with only brief 19-29% dips. When u dollar cost average which most Americans do with their pay checks it's a very healthy thing to do. the bond market had outperformed stocks over a 20 year period previous to 2012. Now I believe all things growth will favor stocks. Buy any index or good growth mutual fund over the next decade and u will be happy you did!

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Mate27

^^^ that would be 10-20% dips in the market lasting a few months before recovery. These dips are impossible to predict so stay invested and buy low whenever they drop for the eventual upturn.

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