tag:blogger.com,1999:blog-8475986.post115991577852177299..comments2024-03-21T05:29:07.463-04:00Comments on THE ASTUTE BLOGGERS: DOW SETS NEW RECORD HIGH! I BLAME BUSH!Unknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8475986.post-1159994627446703772006-10-04T16:43:00.001-04:002006-10-04T16:43:00.001-04:00Thing is, Manystrom seems to be rooting for a rece...Thing is, Manystrom seems to be rooting for a recession. <BR/><BR/>There isn't much future in being negative, Manystrom.Pastoriushttps://www.blogger.com/profile/03169561459129778670noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-1159994584874012192006-10-04T16:43:00.000-04:002006-10-04T16:43:00.000-04:00You know, I don't know which 10 companies are stil...You know, I don't know which 10 companies are still under their all time high, but I think that may be the result of another phenomenon of the tech age. Many companies will grow large and then live out their lifespan at an accelerated rate. The tech market moves faster, and in unexpected directions. I think this makes it more difficult to manage large corporations. Large corporations, of course, become slower in making decisions, and thus when change occurs, they are often left behind.<BR/><BR/>IBM and other tech companies have avoided this by starting small almost independent R&D arms.<BR/><BR/>But, you need visionaries to head these up, and visionaries will always be in short supply, especially in an age which is as entrepeneurial as ours.<BR/><BR/>Anyway, Manystrom, you gotta think with a little bit more nuance there. There is more to the story.<BR/><BR/>The market is way up as a whole, and the reason for that is the economy is strong.<BR/><BR/>Oh, and by the way, there will eventually be a recession again. We will always have market flux.Pastoriushttps://www.blogger.com/profile/03169561459129778670noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-1159963880028061122006-10-04T08:11:00.000-04:002006-10-04T08:11:00.000-04:00manystrom said... "only thing standing between thi...manystrom said... "only thing standing between this week market and a crash ..."<BR/><BR/>HYSTERICAL! a CRASH!?! bwahahahaha! manystrom: u r just another leftist telling me that the sky is falling!Reliapundithttps://www.blogger.com/profile/12942299527008194753noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-1159941377260487872006-10-04T01:56:00.000-04:002006-10-04T01:56:00.000-04:00Come on, now. It was a Phony New High! Phony as ...Come on, now. It was a <A HREF="http://www.bullnotbull.com/archive/stocks-6.html" REL="nofollow">Phony New High!</A> Phony as a $3 bill.<BR/><BR/>20 of the 30 dow stocks are still 20% below their all time highs. None of the Dow components made a new high.<BR/><BR/><BR/>The only thing standing between this week market and a crash is the election. But after that, look out below!!!Michael Nystromhttps://www.blogger.com/profile/04045981620123034840noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-1159928010768108722006-10-03T22:13:00.000-04:002006-10-03T22:13:00.000-04:00Good idea.Good idea.Pastoriushttps://www.blogger.com/profile/03169561459129778670noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-1159918270724845212006-10-03T19:31:00.000-04:002006-10-03T19:31:00.000-04:00i can explain it in two words: tax cuts.the long-w...i can explain it in two words: tax cuts.<BR/><BR/>the long-winded version has two more: free trade.<BR/><BR/>the verbal diarhea version ahs two more: low regulations.<BR/><BR/>IOW: Hayekian/Reaganesque/Thatcheresque/GOP supply-sode PRO-COMMERCE policies.<BR/><BR/>Policies we'd never have had id Al Gore was prez. <BR/><BR/>And another thing: Gore or kerry woulda given us abominable SCOTUS nominees, too.<BR/><BR/>I'm bring this up because there are some prominent hawkish, modrate/right-of-center bloggers who are jumping ship on supporting the GOP and I think they are taking the broad range of Bush succeesses for ganted, and assuming that the Dems would be just as good - or just as bad - so why bother supporting the GOP.<BR/><BR/>The economy, taxes, the regulatory atmosphere, abd SCOTUS nominess are just a FEW of the ways in which a GOP fed govt is vastly better than a Dem one. And that list doesn't even mention the TRUMP CARD: the GWOT.<BR/><BR/>We need to buck up these weak-keed bloggers - like daily pundit and politburo and others.<BR/><BR/>I consider it major goal of the blog the next 4 weeks.Reliapundithttps://www.blogger.com/profile/12942299527008194753noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-1159917797088104282006-10-03T19:23:00.000-04:002006-10-03T19:23:00.000-04:00Two absolutely devastating events have occurred in...Two absolutely devastating events have occurred in our economy in the last six years. The first happened mere months before Bush became President, so Bush inherited its effects, and that, of course, was the NASDAQ crash.<BR/><BR/>The second thing was, of course, 9/11.<BR/><BR/>That we have come this far into the Bush Presidency without having a recession is a miracle. That we are actually having a kind of boom economy is unexplainable.Pastoriushttps://www.blogger.com/profile/03169561459129778670noreply@blogger.com