January 20, 2009
– Comments (6)
Jan. 20 (Bloomberg) -- The Dow Jones Industrial Average fell 14 percent between Barack Obama’s election and Inauguration Day, the biggest decline ever. The second-biggest drop gave way to a 75 percent rally in 1933.
Does this mean that we should expect MORE than a 75% rally.
It may...but be careful about using history as your guide for the future. Just because you got lucky last week, or last month, or last year........doesn't mean you are going to have the same luck in the future.
Do you feel lucky.......punk???????
In case you think you might be luckier overseas:
•Asian Stocks Drop on Concern Bank Losses Will Prolong Recession; BHP Falls
•Toyota Poised to Wrest World's Biggest Automaker Title From General Motors
•Singapore Economy May Shrink Record 5%, Adding to Pressure for Stimulus
•Wipro Profit Rises 8.7%, Missing Estimates, Amid Slowing Technology Sales
•Yen Declines Versus Dollar, Reversing Gain, as U.S. Stock Futures Advance
•Emerging Markets Face $180 Billion Investment Drop as Honda, Rio Pull Back
•Australian Consumer Pessimism Deepens; David Jones Cuts Earnings Forecast
Your blogs really are getting tiresome.
I love Eastwood, what a national asset.
I appreciate your frustration....especially with the picks and score you have......instread of reading my posts and whining, don't you think it would be a lot easier to copy my picks or just stop reading????
Saying your blogs are tiresome and whining are too different things. But when you literally post twice a day (already 55 blogs this month) saying the same things, sorry my comment is accurate. And check my score within the time frame I made for my picks, and not to your unrealistic "hedge fund" portfolio.
But you are right, I can stop reading your blogs and I will since they simply aren't helpful nor do they provide the type of mature financial discussions I was hoping for with this website.