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Old 02-08-2007, 06:08 PM   #61
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Originally Posted by Rouger2 View Post
Now they own most of our tire companies. Firestone being just one of them. China wants to buy an oil company. Germany owns part of one of our biggest auto companies. Citco oil company is owned by foreigners. Here in Texas Mexico owns one of our biggest bread companies. We don't know what they own. I wonder how much foreign ownership of our country has grown in the last ten years and it is because our huge trade deficit. It has to be paid in some way.
Daimler-Chrysler is a corporation not foreign ownership. Did you freak out the same way when GM and Ford bought British/Sweedish/Korean automakers ?
 
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Old 02-27-2007, 04:07 PM   #62
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what now?
 
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Old 02-27-2007, 05:01 PM   #63
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Originally Posted by SoFlaJDM View Post
what now?
China dropped. Ripples went through the world's markets freaking everyone out.
 
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Old 02-27-2007, 05:03 PM   #64
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Originally Posted by Diesel66 View Post
China dropped. Ripples went through the world's markets freaking everyone out.
it's gonna go down even more tomorrow... drops are capped at 10%
 
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Old 02-27-2007, 05:05 PM   #65
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Originally Posted by SoFlaJDM View Post
it's gonna go down even more tomorrow... drops are capped at 10%
Drops are capped at 10%? You mean china right?

This correction was long overdue though market fundamentals are still very strong and the S&P is undervalued.
 
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Old 02-27-2007, 05:06 PM   #66
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Originally Posted by SoFlaJDM View Post
what now?
???
 
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Old 02-27-2007, 05:13 PM   #67
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Originally Posted by 6SpeedTA95 View Post
You mean china right?
yes
 
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Old 02-27-2007, 08:29 PM   #68
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I mean, I know the libs of the forum (or anywhere) don't want the US to fail or bad things to happen, but surely the economy doing well is the only thing the GOP has to boast about, and my guess is that politically speaking, that being gone would be beneficial to the libs. So sure, I can see why they'd be 'happy' that the economy is doing bad.

But let's face the facts folks, the economy is doing well. It's china that has to worry.

Consumer Confidence Gains in February

Sales of Existing Homes Jump in January
 
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Old 02-28-2007, 03:44 AM   #69
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Originally Posted by ballz2wallz View Post
I mean, I know the libs of the forum (or anywhere) don't want the US to fail or bad things to happen, but surely the economy doing well is the only thing the GOP has to boast about, and my guess is that politically speaking, that being gone would be beneficial to the libs. So sure, I can see why they'd be 'happy' that the economy is doing bad.

But let's face the facts folks, the economy is doing well. It's china that has to worry.

Consumer Confidence Gains in February

Sales of Existing Homes Jump in January
I'm just concerned that china's manipulations will hurt us in the long run. We depend so much on asian countries for goods here these days...
 
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Old 02-28-2007, 11:11 AM   #70
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Originally Posted by R-Type View Post
I'm just concerned that china's manipulations will hurt us in the long run. We depend so much on asian countries for goods here these days...
That's a valid concern I think. This might just be a small example of how strong our dependence is on them.

But in reality, the world's economy is so tight-knitted that any market that goes down affects ours as well. I don't know that we'll ever be free of that.
 
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Old 02-28-2007, 12:31 PM   #71
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Stock market is rebounding nicely.
 
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Old 02-28-2007, 03:07 PM   #72
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Originally Posted by ballz2wallz View Post
Stock market is rebounding nicely.
Crickets from the person that brought this thread back from the dead to gloat!

Market looks pretty good. I actually thought it might stay about the same or might take a few days to raise again. Maybe not.
 
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Old 02-28-2007, 07:06 PM   #73
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Originally Posted by Stylerod View Post
Crickets from the person that brought this thread back from the dead to gloat!

Market looks pretty good. I actually thought it might stay about the same or might take a few days to raise again. Maybe not.
i was at work

and 50 points is a regular day
 
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Old 02-28-2007, 09:40 PM   #74
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Originally Posted by SoFlaJDM View Post
and 50 points is a regular day
But that's not what you claimed was going to happen

Originally Posted by SoFlaJDM View Post
it's gonna go down even more tomorrow... drops are capped at 10%
 
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Old 02-28-2007, 09:52 PM   #75
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Originally Posted by ballz2wallz View Post
But that's not what you claimed was going to happen



i couldn't predict the future, maybe i should take your stance on things so i'd never be wrong too
 
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Old 02-28-2007, 09:57 PM   #76
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Originally Posted by SoFlaJDM View Post
i couldn't predict the future, maybe i should take your stance on things so i'd never be wrong too
Well, it's the thought that counts. Wishing for a crash and predicting it are two very different things.
 
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Old 02-28-2007, 10:03 PM   #77
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Originally Posted by SoFlaJDM View Post
i couldn't predict the future,
So why'd you try?

Or why do you try with Iraq? Or global warming?
 
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Old 02-28-2007, 10:11 PM   #78
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Originally Posted by ballz2wallz View Post
So why'd you try?

Or why do you try with Iraq? Or global warming?
why do you try? most scientists agree with my stance, you're the one with the hunch
 
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Old 02-28-2007, 10:21 PM   #79
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Originally Posted by SoFlaJDM View Post
why do you try? most scientists agree with my stance, you're the one with the hunch
Why do I try what? Not predicting anything about global warming? Not predicting our weather? Why do I try not predicting the outcome of Iraq? Why do I not try predicting the market?

Why do I try what?
 
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Old 02-28-2007, 10:47 PM   #80
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50 points and hopefully if continues on.



I'm surprised nobody else is worried how much China's market impacts ours, when supposingly we have a much larger and stable one. That the Communist party can just adjust things and suddenly ours takes a shit.


The housing market is slowing down, oil prices are expected to jump with the peak season and current increases.

We're gaining jobs overall but also losing manufacturing jobs.

so picking and choosing what's going on needs to stop, and so should ANY kind of partisan bias over responsibility.
 
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