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  #51  
Old 07-17-2007, 10:41 PM
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Praxeas Praxeas is offline
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Prax,

You should be happy today! The stock market briefly rose above 14,000 before dropping a bit.

The stock market has gained 30% over the last year. That is good news for my 401k mutual fund investments!
Yeah it keeps going up despite some of the experts predicting this rise can't last...particularly during the summer, but we shall see
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  #52  
Old 07-17-2007, 10:45 PM
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Originally Posted by Praxeas View Post
Yeah it keeps going up despite some of the experts predicting this rise can't last...particularly during the summer, but we shall see
There are a lot of mixed signals out there so tea leaves are hard to read. Unemployment is almost at a record low and job creation has been great.

However existing home sales have slowed a lot the last couple of months and that could have a ripple effect.

One thing that is encouraging is that the economy has been doing so good that tax revenue to the Federal Government has exceeded all estimates and this means the deficit has been shrinking far faster than predicted.
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  #53  
Old 07-18-2007, 06:38 AM
Brother Strange
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Originally Posted by CC1 View Post
There are a lot of mixed signals out there so tea leaves are hard to read. Unemployment is almost at a record low and job creation has been great.

However existing home sales have slowed a lot the last couple of months and that could have a ripple effect.

One thing that is encouraging is that the economy has been doing so good that tax revenue to the Federal Government has exceeded all estimates and this means the deficit has been shrinking far faster than predicted.
There are a lot of mixed signals out there. Many analysts don't know what to think of it. The one thing that have many of them worried is that the debt makerts are drying up.
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  #54  
Old 07-24-2007, 08:20 PM
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Praxeas Praxeas is offline
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OUCH!
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Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
Apostolic is defined on AFF as:


  1. There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
  2. The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
  3. Every sinner must repent of their sins.
  4. That Jesus name baptism is the only biblical mode of water baptism.
  5. That the Holy Ghost is for today and is received by faith with the initial evidence of speaking in tongues.
  6. The saint will go on to strive to live a holy life, pleasing to God.
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  #55  
Old 07-24-2007, 09:10 PM
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Where it's going, prayer won't help it... : )

Jerry Moon
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  #56  
Old 07-24-2007, 09:11 PM
Brother Strange
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A huge tripple digit red letter



OUCH!
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  #57  
Old 07-26-2007, 07:23 PM
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Praxeas Praxeas is offline
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A huge tripple digit red letter



OUCH!
MUCHO OUCHO!
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Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
Apostolic is defined on AFF as:


  1. There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
  2. The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
  3. Every sinner must repent of their sins.
  4. That Jesus name baptism is the only biblical mode of water baptism.
  5. That the Holy Ghost is for today and is received by faith with the initial evidence of speaking in tongues.
  6. The saint will go on to strive to live a holy life, pleasing to God.
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  #58  
Old 08-09-2007, 07:54 PM
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Praxeas Praxeas is offline
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Down down down....I was telling a brother to shift monies out of his mutual into something else. He is trusting the fund managers.

The stock part of my portfolio was at near 12% growth for the year and is now at under 5% growth for the year...that's how bad the market has been. I moved everything into something that had a guranteed growth rate for the time being, though I have some in another area of realestate which continues to grow, mostly because it's not in construction companies and housing starts etc etc..
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Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
Apostolic is defined on AFF as:


  1. There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
  2. The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
  3. Every sinner must repent of their sins.
  4. That Jesus name baptism is the only biblical mode of water baptism.
  5. That the Holy Ghost is for today and is received by faith with the initial evidence of speaking in tongues.
  6. The saint will go on to strive to live a holy life, pleasing to God.
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  #59  
Old 08-09-2007, 08:25 PM
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J-Roc J-Roc is offline
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Quote:
Originally Posted by Brother Strange View Post
Many analysts don't know what to think of it. The one thing that have many of them worried is that the debt makerts are drying up.

Reading analyst comments is like getting advice from public bathroom wall writings.... they get paid nominal amounts to do their "analyzing", so you're getting crackerjak box advice when you pay attention to them....
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  #60  
Old 08-09-2007, 08:26 PM
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J-Roc J-Roc is offline
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Quote:
Originally Posted by Praxeas View Post
Down down down....I was telling a brother to shift monies out of his mutual into something else. He is trusting the fund managers.

The stock part of my portfolio was at near 12% growth for the year and is now at under 5% growth for the year...that's how bad the market has been. I moved everything into something that had a guranteed growth rate for the time being, though I have some in another area of realestate which continues to grow, mostly because it's not in construction companies and housing starts etc etc..

Actually, that is how bad the fund manager has done with your cash...seriously, the markets are doing fine.
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