Thursday, October 9, 2008
WE'RE NUMBER 2
OK - so Miller can make good commercials.
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I see Aaron Rogers is ranked as the #2 Quarterback in the NFL. To bad his defense is ranked LAST in stopping the run - the 2nd easiest team per carry to run on in the NFL to run on - SWEET - WE'RE NUMBER 2!!
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Speaking or Bear markets. I know many of you that have 401Ks or stocks love looking at the empty spaces where the stacks of money use to lay. Yea - it's hurting but you really have to put things in perspective.
This is only the third biggest Bear market since 1940. At the moment we're down 37%. The 2000-2002 Market stopped at 49% the market in the mid 70s stopped at 48%.
The average Bear Market lasts 16 months, we're at 9 months now. Nearly half the Bear markets (a drop of 20% is bear market) lasted about 1 year so it's totally not out of the question that markets can stabilize before the end of the year. Remember - at this point it is fear driving the market, not the economy.
On average at takes three years to make your money back but here is an odd fact.
If you buy into the market that the very worst time, at the very peak for the next five years you will average -0.6% returns. But after 10 years you will be averaging +6.6% returns. You really have to look at the long run and not worry about short term market swings like we are on now.
Looking for good signs for things to turn around? Extreme pessimism is a wonderful sign, seriously, when things are bad, buy, then things are good, sell. Policy responses around the world, tons of money on the sidelines, lower gas prices (have you seen gas prices in Columbus compared to Madison $3.27 compared to $3.47 WOW!!!). Plenty of bulls on the sidelines just waiting. Be patient.
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Cable Guy where are you!
So we all know that the digital revolution is coming in a few months and all of our rabbit ear TV will go shhhhhhhhhhhhhhhhhhhh on February 17th 2009 when we turn them on.
Here is a question. There is a natural disaster and we lose electricity. No electricity means no digital box for all the TV's. No box . . . no TV. 7 million battery powered TV's that could be used in case of a natural disaster - useless.
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I've created a monster - any hop heads out there?? I took the blow off tube out of my carboy and I think it permanently smells like hops.
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I see the $700,000,000,000 bailout is going to help NASCAR - some of the ear marks will make it easier for race courses to write off deprecation. It seems instead of 7 years they will have 15 years for deprecation.
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Here is the REAL problem
NEW YORK - In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure. As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the "1" in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion.
The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.
The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.
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SNOW IS COMING!!
Northern Wyoming and Montana
"MAJOR WINTER STORM WILL IMPACT THE AREA BEGINNING TONIGHT...AND LASTING THROUGH SUNDAY. DUE TO THE STRENGTH AND DURATION EXPECTED FROM THIS STORM...IT COULD TURN OUT TO BE A HISTORICAL SNOW PRODUCER BY THE TIME THINGS WIND DOWN SUNDAY NIGHT ...ESPECIALLY ALONG THE NORTHEAST SLOPES OF THE MOUNTAINS."
Back to work.
Rod
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Hey Number Guy!
ReplyDeleteYou're making my freakin' head spin!! roflmao!!
(was that the effect you were going for?)
You are toooo funny Rod!
(i understood #2...)
OK, awesome commercial!
ReplyDeleteI almost lost my french toast!!
Just added this
ReplyDeleteNorthern Wyoming and Montana
"MAJOR WINTER STORM WILL IMPACT THE AREA BEGINNING TONIGHT...AND
LASTING THROUGH SUNDAY. DUE TO THE STRENGTH AND DURATION EXPECTED
FROM THIS STORM...IT COULD TURN OUT TO BE A HISTORICAL SNOW
PRODUCER BY THE TIME THINGS WIND DOWN SUNDAY NIGHT...ESPECIALLY ALONG THE NORTHEAST SLOPES OF THE MOUNTAINS."
Well, aren't you just a wealth of encouraging information today?!! A major snowstorm, no front line for the number 2 quarterback, and a bear market that could go on for a long time!! It's easy to say to not panic or get down over the market if you HAVE time to let it balance out again. If you've just retired, or were planning on retiring shortly! LOL
ReplyDeleteLove the commercial!!
snow??? already??? it's only the beginning of october!
ReplyDeleteheh...i remember trick or treating in a blizzard once...my sister and i were black ghosts. (the only costume dectable in the white snow that would fit over our snowsuits! lol)we got a ton of candy!
Ok G, so I get a tv adapter with battery back up and the electricity goes out and I still get no tv. Why. G that analysis was obviously done after drinking a large amount of your home brew. Leave the heavy thinking to the wizard
ReplyDeleteRod,
ReplyDeleteYou forgot to say the market is like Penny's "white sale" right now. Great deals all over the place, so if you have some extra money you don't need, it would be a great time to buy sheets for next year (or six) sort of speaking.
A side note picked up an autographed PE Johnny Depp picture reasonable on the auction sight, also got my junior g-man badge. After the movie is out the prices will be much higher.
Scott
Damn near spit soda across the room!!!
ReplyDeleteThat video is hilarious!!!!
Gotta love a man and his Beer!!!!
Cableman is at your service!!LOL!!
Hang tight on the money front!!It will get better! at some point!
AIG!!!!Should not be getting anymore money!!
I think they should Lock away the ones that enjoyed that Spa Day on Us!!!! Unbelievable!!!!!
SNOW!!!!SNOW!!!!! STAY AWAY!!!!!
I'm off to tar my roof!!!
Have a good day everyone!!!!
i don't believe in sn*w. it's such a dirty word...cassie, will u do anything for candy? lol
ReplyDeletethank bob I don't live in Northern Wyoming and Montana.
ReplyDeleteAnd if the legislators don't do something about them using some of the bailout money to have this "party" they should be locked away too!!!
ReplyDeleteThat commercial was wayyy funny!!! I am sitting here like "NO NO NO You NEVER eat the yellow snow!!!"
ReplyDeleteThen I thought...hmmm beer...LMAO!!!!!
I don't really know all too much about the stock market. Only that I do have a 401K that my hubby takes care of looking after. I never even see it. I suppose I should look from time to time.
Have a great day!
Oh, and yesterday's pics were just beautiful!!
I hate the "s" word. Snow. Give me the 90's and humidity any day.
ReplyDeleteHops? Did someone say hops?
ReplyDeleteOh Lewis!
ReplyDeleteHere is the REAL problem,,........
ReplyDelete___________________
Julie
"BEST PRICE for the BEST ENTERTAINMENT"