CHALLENGED (title changed due to bedwetter outcry)

[Conan71]

Are both of you challenging the idea that the Dow hit an historic high of 14,164 in 2007???

Nobody has ignored the fact that the Dow fell of the cliff after it's record high.  However, many people made millions & billions as the market crept up in the Bush years, just as people have made millions & billions since the early March 2009 lows.

To not recognize that is to also ignore those who lost money as the Dow fell from 7900 to 6500 during Obama's first six weeks in office.

A gain is a gain so long as you know when it's time to get out.

[RecycleMichael]

I am awed that you seem to know the exact time to get in or out of the stock market.
You make it sound so easy.

I am again amazed by your business knowledge.

[Conan71]

I am awed that you seem to know the exact time to get in or out of the stock market.
You make it sound so easy.

I am again amazed by your business knowledge.

Nice way to antagonize and ignore that the Dow was 2000 points higher while Bush was in office and that many people reaped the benefits of it.  I hope it exceeds that under Obama.

I'm referring to the simple principle that people can set their limits for when they think a market is over-heated or they've made sufficient profit and don't want the risk of loss.  I can't possibly tell you when to bail again, but if you got in at a DJIA of 10,000, it went to 14,000 and sank to 12,000, you remain in at your own peril, especially if economic indicators look bleak. 

If someone loaded up in early March 2009, they would be close to doubling out right now if they have shorter term investment objectives.  That's a great gain for not even 3.5 years.  Personally, I think the market is over-valued right now and could be ripe for another downturn, therefore, I'm not putting more money in it right now.  I don't see a great upshot potential at the moment.  My outlook isn't scientific and doesn't hinge on who is currently in the White House, it's simply a personal belief and looking at trends, sort of how I approach Vegas gambling

[Teatownclown]

Conan, here's a tip: don't invest in equities. The rest of you can ride any index.

[Red Arrow]

Dow under Clinton
start 3,310    end 10,587

Dow under Bush
start 10587    end 7,949

Dow under Obama
start 7,949    so far 12,908

[Red Arrow]

From the NFIB report:

I am looking forward to your explanation of sales between early 1994 and early 2000.

[nathanm]

What is there to explain? A low number means most firms do not consider the lack of sales to be an impediment to their business. A high number means they do.

As I said before, I'd give the tax complaints more weight if there was more variation when tax policy changed.

[Red Arrow]

What is there to explain? A low number means most firms do not consider the lack of sales to be an impediment to their business. A high number means they do.

As I said before, I'd give the tax complaints more weight if there was more variation when tax policy changed.

Maybe I am reading your graph wrong.  I would think low sales would lead to low income.  Why would low income not be an impediment to their business?

[nathanm]

Maybe I am reading your graph wrong.  I would think low sales would lead to low income.  Why would low income not be an impediment to their business?

It's a graph of the percentage of businesses in the NFIB survey that cited one of the four graphed responses as their most important problem.

[Red Arrow]

It's a graph of the percentage of businesses in the NFIB survey that cited one of the four graphed responses as their most important problem.

OK, that makes more sense now.