It obvious isn't??

Even though everyone is going thru the motions ---all the signs are there for anyone who cares to look.

.COM = tulips Oil not coming down dow plummeting durable goods drops here a glitch there a glitch bonds? what did I miss??

-- d........... (dciinc@aol.com), February 24, 2000

Answers

Nah, can't happen. It's the NEW ECONOMY. Earnings don't matter anymore. You can propsper by losing money. Bankruptcy is dead. So is inflation. The talking dimwit heads told me so. And I believe them because I am a sheeple. I believe what I'm told and I don't question.

-- sheeple (sheeple@baa.com), February 24, 2000.

--d A buying opportunity is a hard sell in a dropping market. I expect we'll be hearing alot of " it's only a paper loss ", and to focus on the long term......

-- kevin (innxxs@yahoo.com), February 24, 2000.

d... wrote: "What did I miss??"

*gaps in grocery store inventories

*rising food prices (meat, produce, milk)

*layoffs starting (Lipton Tea Parent Company, UPS)

*Ind. Truck Driver Protests, talks of strikes

*rising costs of imports (esp. micro-chip containging electronics)

*rising costs of cotton products (underwear and socks!)

*Banks starting to scale back on loans to individuals

*Greedspan mumbling about raising interest rates

*SUV sales soft ... rumors of summer layoffs at Chevy and Ford plants

*Personal debt and bankruptcies up from this time last year

*Savings rates of individual Americans at an all-time low

-- (kb8um8@yahoo.com), February 24, 2000.

KB8,

Well documented info!!!.

Also--J.C. Penney to close forty five stores reported today!!

Lets see-- any others???

-- d....... (dciinc@aol.com), February 24, 2000.

Folks,

Please forgive my opening line___

What the Hell is ----"IT OBVIOUS ISNT? LOL AT MYSELF.

And I don't even have a boss looking over my shoulder to worry about. Sloppy stuff!! sorry!!

-- d........ (dciinc@aol.com), February 24, 2000.

Pretty good, thanks for asking. Mostly due to the sound information and advice on this group, I'm out of both debt and the stock market and am now hi- and lo-tech skilled. I'm feeling good.

So, what's your point? Just spreading some fear and misery? For a board consisting of people who seem to be unusually independent and NOT as reliant on global economics as Joe Sixpack, there's a lot of gloom here.

Try and enjoy the now, huh? When/if the Big Correction happens, there'll be plenty of miserable high debt stock market gambling pollies to go around. What - please tell me - is with all the eagerness to spread your sour musings in public? Is being right really going to make you happy amidst all of that suffering? If so, you might want to re-evaluate your priorities.

-- _ (_@_._), February 24, 2000.

@:

Noone is going to enjoy the full effects of the correction. We're just not members of the Ignorance is Bliss club, who you seem to fully support. Congrats on being out of debt.

-- sheeple (sheeple@baa.com), February 24, 2000.

Forewarned is forearmed...

There are still a "few things" that some of us prepared individuals won't do until the "last minute." I don't consider d's post "spreading sour musings," but rather a reminder to stay sharp.

The list that I just posted are merely my personal observations on the warning signs now present in this economy. Until I had listed them, I hadn't realized how many there. Sobering exercise.

I'm not a doomer, just a realist who is old enough to remember the last two recessions.

-- (kb8um8@yahoo.com), February 24, 2000.

I tend to disagree with the thought that this is just doom-and- gloom. It's not doom and gloom as much as it's enlightenment. There has been an awful lot of good information on this board that has not been as easily derived from the primary media outlets, at least not in one place.

-- matt (rfp@mail.com), February 24, 2000.

-a-

Oh please -a- don't spoil my parent ego musings over the hubris and superficiality of the empty profitless new world that the trader elite have created.

Instead of verbally pontificating your opinion regarding others posts, why don't you work on your obvious inferiority complex which always seems unconsciously to come out in an aire of superiority, which we all know doesnt exist.

-- d........ (dciinc@aol.com), February 24, 2000.

The "Correction"should have been a long Time ago,by closing down this Leeching Operation.By indebting every Corporation,that issued "STOCK",the Prices from Automobiles to Food have gone sky high,and as usual only a few have gotten filthy rich,while the "Suckers" will be stuck with the"IOUs".These Creeps not only want to loot the Social Security System,they are now talking"Medical Savings Accounts,the latest is "Educational Savings Accounts". Their Pockets are just about full,so the Hoods will "let" the Democrats win,so they can Point the Finger at them,as the entire House of Greed collapses.

-- Now U see it...? (arrest@covict.jail), February 24, 2000.

I'm sure you'll be hearing the pundits talking about "buying on dips"...or, in this situation, "dips buying".

Long way to go before prices are back in line, if one goes by P/E ratios.

I'm sure there are some "great bargains", but I'll wait for the fire sale, thank you very much. That's how you make money, folks. BUY LOW...SELL HIGH. Or, offer a quality product or service, make it as cheap as you can, advertise it like crazy, and charge the highest price that the market will bear.

I am not a doomer...just a cautious pragmatist, IMO. I have to give the people who are still buying stock on margin using their credit cards some credit here....for having the GUTS to take such risks that I sure couldn't imagine pursuing. I hope they get a decent ROI for their sake, but the numbers tell me otherwise.

Unfortunately, no one knows the timing regarding the market. But, the signs are there, if one does their research instead of buying on a whim, on hearsay, or just because the curve is heading upward. If it is heading up and sounds like a good deal, find out why, before you buy.

-- Tim (pixmo@pixelquest.com), February 24, 2000.

Hey, Tim --

Did you ever find a solution to your car purchase dilema?

-- (Kb8um8@yahoo.com), February 24, 2000.

"Instead of verbally pontificating your opinion regarding others posts"

Oh, sorry, I didn't realise that your question was rhetorical, or that you only wanted to hear that we were all feeling miserable and doomed, pitying the sheeple, or whatever.

By the way, did I blink and miss the part where you answered my question of why exactly you're posting these "here we go!" warnings? That wasn't at all rhetorical.

Really, I'm interested. I just don't understand why the same content- free doomer musings appear over and over again; I can only assume that it's cathartic in some way.

Note that I'm not disagreeing with your premise that there's a big slump coming, I just can't fathom why you want to start yet another pointless thread about it. Trolling for pollies?

As to the superiority, well, my only grounds for comparison are that I'm happy right now, largely because I'm content that I'll cope well in the long term. You don't seem at all happy, despite the fact that you're probably better prepared for the bad things that we agree are coming. Does that make me feel superior? No. I just wish that you could be as happy as I am that we're both still awash in luxuries undreampt of by most of the population of the world, as demonstrated by our internet connections.

-- _ (_@_._), February 24, 2000.

Kb8:

Yeppers...planning on something with decent mileage around April. Looking at a PT cruiser to haul around stuff, possibly slap a logo on the sides.

As for as depreciation goes, not a good investment...but even I endulge myself now and then. It's kewl to watch the mgr's eyes bulge when you pay for most of the car up front...apparently, not too many people do that these days :-)

-- Tim (pixmo@pixelquest.com), February 24, 2000.

@:

It's not cathartic. It just helps to talk about our concerns. I definitely would not be happy to see an economic crisis.

-- haha (haha@haha.com), February 24, 2000.

Tim, your concern regarding day traders and their use of credit accounts was the buzz this morning on our local news show. Sounds like if we take a hit, these folks have a tremendous amount of exposure. WOW. probably many are already sinking.

-- tt (cuddluppy@aol.com), February 24, 2000.

-a--

shut the hell up!!!

I did'nt post today to have to listen to your rebuttal about the typical post on the forum being doom and gloom.

Your responses are nothing more then thinly veiled flames!!!

Pathetic flames--barely feel the sparks! I hope you can do better than that!!

-- d......... (dciinc@aol.com), February 24, 2000.

in the immortal words of James Grant--who is a perenial 'bear/negativist' "There has never benn as boom that did,'t go boom:" Need we say more???? Really, check tha data/stats athen let me know. No refutation(amd

-- robert gridlock (plutusx2@yahoo.com), February 24, 2000.

Feels ok to me...alternative plans made, ready to implement if there is a change of status. Mostly ready to help friends, family, neighbors and church members if there is a problem... Think I'll go to the beach saturday and catch up on my reading (basic research on a new business).

Fundamental business opportunities still abound...it's merely up to us to find them...and know what will prosper in a recession.

Consider:

New car sales may be down, but used car sales and car parts will do well...especially wrecking yards.

Movie tickets may decline, but Video rentals (and possibly video sales) may do well...

People will still have (mostly) the same amount of vacation, but will be traveling to less exotic climes...

Yachts may become more affordable (but I probably still won't be able to get one!)...

Divorce may decline, because people won't be able to afford it!

-- Mad Monk (madmonk@hawaiian.net), February 25, 2000.