Irrational Exuberance

[meatpile]

Just FYI - I think the markets are back at the level they were at when Greenspan uttered this prophetic phrase in December 1996.

CRAPSHITTER******FUCK

 

[token]

Just FYI - I think the markets are back at the level they were at when Greenspan uttered this prophetic phrase in December 1996.

CRAPSHITTER******FUCK

Very close. It seems the wealth of the last 12 years was an illusion.

 

[VA49er]

Very close. It seems the wealth of the last 12 years was an illusion.

so the markets are working.........

 

[kshead]

Dow 36,000!

Bitches!

 

[token]

so the markets are working.........

absolutely. In fact, the fundamentals are strong. If the government would stop messing with the markets, the fall would be much more steep, but shorter in duration. Provide a safety net for those out of work and homeless if needed, and let the markets do their thing.

btw: If your income level has dropped, many mortgage companies will work with you to modify your loan. Market driven interest rate adjustments.

 

[VA49er]

absolutely. In fact, the fundamentals are strong. If the government would stop messing with the markets, the fall would be much more steep, but shorter in duration. Provide a safety net for those out of work and homeless if needed, and let the markets do their thing.

Someone fucking tell Obama and the Fed this please.

 

[token]

Someone fucking tell Obama and the Fed this please.

Investor confidence won't return either until they can be sure that the government won't give some companies an upper hand while allowing others to fail. And any talk of nationalization is just a disaster waiting to happen. Do it or shut the fuck up.

 

[tharan000]

absolutely. In fact, the fundamentals are strong. If the government would stop messing with the markets, the fall would be much more steep, but shorter in duration. Provide a safety net for those out of work and homeless if needed, and let the markets do their thing.

I think they said the same thing in '29 as well as Japan's lost decade. Temporary nationalization and stopping the low-ROI spending projects are what turned them around.

 

[tharan000]

Here is an article on the man and his mathematical formula that "killed" Wall Street. I read it in last month's Wired magazine and they finally put it on their website. Good read, very informative.

http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=all

 

[tonync55]

Remember this.

http://www.thisboardrocks.com/forum/showthread.php?t=141867

I got slammed by the wing nuts when I posted this over 1 year ago. Damn I wish I had been wrong