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(Marketwatch)   Stock market summer rally reaches all-time closing high. It's time to buy   (marketwatch.com) divider line 14
    More: Obvious, U.S., Dow Jones Indexes  
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306 clicks; posted to Business » on 11 Jul 2013 at 5:40 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



14 Comments   (+0 »)
   
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2013-07-11 03:07:49 PM  
whatever you do, just TRADE
 
d23 [TotalFark]
2013-07-11 03:18:39 PM  
yes
 
2013-07-11 04:01:02 PM  
right as i read this headline, the City of Prague Philharmonic kicks into "All Time High" as part of their James Bond classics.

so fark off. i have enough issues.
 
2013-07-11 05:57:22 PM  
It's time to look for puts down 5% for companies that are gonna drop 15%...
 
2013-07-11 06:15:56 PM  
I bought my first LEAP options a little while ago and they're doing great, so I'm masturbating furiously getting a kick at this article.

/2015 is a long ways away, and with my luck the company will go bankrupt a day before I plan to sell/exercise.
 
2013-07-11 06:20:18 PM  
I have to admit, it has been a nice run. Do I expect it to go up much from here? No. Does that mean I will sell? No. The only reason I have a portfolio at all is because I know I'm not smart enough to time the market. I'm very heavily weighted to very low cost total market indexes with maybe 5% overall in some local and tech stocks just to keep my head in the game and reading the business pages - I never sell anything and probably won't for close to a decade. A couple of bond funds and overseas index funds for balance. My portfolio is about as sexy as Bea Arthur but it's a lot bigger than it used to be. I've stayed in through three different 40+ per cent corrections and I'm sure I'll see another one before it's over - hopefully not before I being easing my equity exposure around 55 or so. I'm going to keep doing what I've been doing and hope for the best.
 
2013-07-11 07:00:16 PM  
Why does everybody ignore inflation?  It pisses me off, every financial show creams themselves over big new "highs" without taking into account how much less the dollar buys than it did back at the last high.
 
2013-07-11 07:18:13 PM  

Incontinent_dog_and_monkey_rodeo: Why does everybody ignore inflation?  It pisses me off, every financial show creams themselves over big new "highs" without taking into account how much less the dollar buys than it did back at the last high.


The last high was two months ago. How much has inflation eaten away at the dollar since then?
 
2013-07-11 07:45:12 PM  

max_pooper: Incontinent_dog_and_monkey_rodeo: Why does everybody ignore inflation?  It pisses me off, every financial show creams themselves over big new "highs" without taking into account how much less the dollar buys than it did back at the last high.

The last high was two months ago. How much has inflation eaten away at the dollar since then?


No it wasn't, that wasn't inflation adjusted either.  The actual high was back before the crash.
 
2013-07-11 07:46:43 PM  

snuffy: whatever you do, just TRADE


This.
 
2013-07-11 08:11:14 PM  

Incontinent_dog_and_monkey_rodeo: Why does everybody ignore inflation?  It pisses me off, every financial show creams themselves over big new "highs" without taking into account how much less the dollar buys than it did back at the last high.


I don't think everyone ignores inflation. More like inflation is so painfully obvious to everyone that doing a pedantic mathematical calculation every single time you talk about anything to do with money and time would lead you to getting punched a lot.

Example -

Jim - "I remember when a coke cost a quarter."

Bob - "Actually Jim, when you adjust for inflation, that coke actually cost you over $1.00 in today's currency."

Jim - "I swear to farking god Bob... this is it. If you bring up adjusting for inflation one more farking time, I am going to kill you. Seriously. We all know about inflation and we all know how it works. I would like to be able to have a conversation with you without bringing it up again and again and again so please, just farking stop already. I wish I had a dollar for every farking time you brought up inflation."

Bob - " If I did give you a dollar every time that happened that dollar would only be worth like 96 cents the next year."

<<< PUNCH>>>
 
2013-07-11 10:55:21 PM  

JohnBigBootay: Example -


That was hilarious. I'm stealing that.
 
2013-07-12 06:47:10 AM  
I'm in for the long haul, so I'm selling nothing! Walmart, Chevron,Yum Foods, Disney, Exxon, Coke.
My laggard is HBHC who took over my WTNY... That's the only place I took any kind of beatdown.
 
2013-07-12 12:55:02 PM  

Fuggin Bizzy: That was hilarious. I'm stealing that.


Heh. It was a slow day at work.
 
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