Comments on: Dow Closed Above 10,000 for First Time in a Year – Chart of the Day http://www.thesunsfinancialdiary.com/charts/dow-closed-10000-time-year-chart-day/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Michael - The Fat Loss Authorityhttp://www.thesunsfinancialdiary.com/charts/dow-closed-10000-time-year-chart-day/#comment-61064 Michael - The Fat Loss Authority Mon, 19 Oct 2009 00:22:38 +0000 http://www.thesunsfinancialdiary.com/?p=4244#comment-61064 I did but not to the best of my financial abilities... but I'd be cautious about the Bull re-appearing since many have predicted a dip to occur. Ah well, it's all about dollar cost averaging for me anyways.Mike I did but not to the best of my financial abilities… but I’d be cautious about the Bull re-appearing since many have predicted a dip to occur. Ah well, it’s all about dollar cost averaging for me anyways.

Mike

]]> By: zflynnhttp://www.thesunsfinancialdiary.com/charts/dow-closed-10000-time-year-chart-day/#comment-61055 zflynn Fri, 16 Oct 2009 22:54:21 +0000 http://www.thesunsfinancialdiary.com/?p=4244#comment-61055 If Citigroup and B of A and AIG and any other banks failed it would have been just like Washington Mutual's collapse, more solvent institutions would have immediately stepped in and purchased the remaining assets at a fair market value, securing the depositors' assets and business would have continued as usual, with the exception of stockholders and stock speculators, who are merely gamblers who cry when they take a big loss in a bad investment. As for the senior bank officers and board members and others who would go from riches to rags, that's what happens when you take an enormously poor risk in a vastly over inflated real estate market. When banks were run rationally and carefully less than 5% of their assets were invested in real estate, these clowns were putting 65% or more in a fool's market. Only those deluded by greed didn't see the obvious collapse in the vastly over inflated real estate market that so long over due. All we've done with bailouts-besides wreck the economy-is to encourage foolish and stupid behavior in the future because the nanny state will bailout those who make poor decisions instead of let them pay the price that the foolishly greedy need to pay when they make and live in bubbles. If Citigroup and B of A and AIG and any other banks failed it would have been just like Washington Mutual’s collapse, more solvent institutions would have immediately stepped in and purchased the remaining assets at a fair market value, securing the depositors’ assets and business would have continued as usual, with the exception of stockholders and stock speculators, who are merely gamblers who cry when they take a big loss in a bad investment. As for the senior bank officers and board members and others who would go from riches to rags, that’s what happens when you take an enormously poor risk in a vastly over inflated real estate market. When banks were run rationally and carefully less than 5% of their assets were invested in real estate, these clowns were putting 65% or more in a fool’s market. Only those deluded by greed didn’t see the obvious collapse in the vastly over inflated real estate market that so long over due. All we’ve done with bailouts-besides wreck the economy-is to encourage foolish and stupid behavior in the future because the nanny state will bailout those who make poor decisions instead of let them pay the price that the foolishly greedy need to pay when they make and live in bubbles.

]]> By: Sunhttp://www.thesunsfinancialdiary.com/charts/dow-closed-10000-time-year-chart-day/#comment-61048 Sun Fri, 16 Oct 2009 03:43:36 +0000 http://www.thesunsfinancialdiary.com/?p=4244#comment-61048 I don't have the government's behind the scene manipulations, but I still think that the government did the right thing rescuing big banks like Citigroup and Bank of America. Given the financial market's reaction after Lehman's collapse, it's hard to imagine what could happen any Citi, or BofA, or AIG had failed. I don’t have the government’s behind the scene manipulations, but I still think that the government did the right thing rescuing big banks like Citigroup and Bank of America. Given the financial market’s reaction after Lehman’s collapse, it’s hard to imagine what could happen any Citi, or BofA, or AIG had failed.

]]> By: zflynnhttp://www.thesunsfinancialdiary.com/charts/dow-closed-10000-time-year-chart-day/#comment-61044 zflynn Thu, 15 Oct 2009 07:16:23 +0000 http://www.thesunsfinancialdiary.com/?p=4244#comment-61044 And it has NOTHING to do with the government's behind the scenes manipulation of futures the past couple of months. BTW, if you buy that have I got a bridge for you.... And it has NOTHING to do with the government’s behind the scenes manipulation of futures the past couple of months. BTW, if you buy that have I got a bridge for you….

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