Originally Posted By RoadTrip <<Oh, is that all? And here I thought times were going to get difficult. Silly me. Down 684.25 and rising.>> Depends if you've been living within your means. I owe money on my house and cars. Nothing else. I'd be fine. Down 428.14 and heading up.
Originally Posted By vbdad55 <Well, I happen to be living temporarily in Wisconsin. There are a number of industries here that lead the world. In the area of fire protection, you have one of the largest fire protection companies in the world with Ansul. The entire firefighting industry seems to be based out of Wisconsin. Down in Manitowoc, you have the world's leader in construction cranes. They make Harley-Davidson's here -- lots of them. They make Kleenex here, too.< Sport - I love Harley,s ( had a 96 Softtail for 5 years ) back in the day- however - they are more a high end niche producer -- China South corp producers 5million motorcycles a year -- Harley just cut 730 jobs and production by 27000 of the only 300K per year they make. <a href="http://www.bloggingstocks.com/2008/04/17/harley-davidson-announces-job-cuts-and-idle-plants/" target="_blank">http://www.bloggingstocks.com/...-plants/</a> World leader ? nope sorry. Kimberly Clark is still a world leader - kudo's to them when it comes to durable goods with high profit nmargins and tons of $ for GNP - that ship has sailed my friend. say hello to LG
Originally Posted By fkurucz <<Harley just cut 730 jobs and production by 27000 of the only 300K per year they make.>> Harleys were one of the toys of choice for the posers from the bubble days (much like Hummers). I wouldn't be surpised to see Harley production and sales sink even more.
Originally Posted By vbdad55 At $30K+ they are hardly the 'outlaw' choice compraed to being the mid level executive choice.
Originally Posted By fkurucz As Paul Craig Roberts (former editor at the Wall St. Journal) likes to point out, our economy is increasingly oriented towards the production of non tradable goods and services, which is one of the reasons we have huge, unsustainable trade deficits. I have recently predicted on these forums that I foresee the US being dissolved sooner or later due to financial insolvency. Once Uncle Sam can no longer deliver pork, the states will think about going their own ways. What would California do if the treasury couldn't float them the $7 billion "payday loan" that Ahnold is literally begging for? Might he go look for it elsewhere? Maybe getting it by joining a new "Pan Pacific Alliance"?
Originally Posted By fkurucz <<At $30K+ they are hardly the 'outlaw' choice compraed to being the mid level executive choice.>> I was thinking more of a cubicle farm Joe 6 Pack taking out a HELOC to finance it (along with the macho truck/hummer)
Originally Posted By RoadTrip We're #1 in Medical devices. <<Global Medical Device MarketDevice Market USA 64.7 billion Euorpe 45.1 billion Asia & rest of world 62.0 billion Worldwide total 171.8 billion Source: <a href="http://www.mida.gov.my/beta/pdf/pdf_medical.pdf" target="_blank">http://www.mida.gov.my/beta/pd...ical.pdf</a>
Originally Posted By RoadTrip Right now it is looking pretty close on who wins the DJIA prediction. Right now it is about half-way between fkurucz's -500 and my -154.
Originally Posted By fkurucz >>We're #1 in Medical devices. <<Global Medical Device MarketDevice Market USA 64.7 billion Euorpe 45.1 billion Asia & rest of world 62.0 billion<< I believe that these numbers are for consumption, not production, which is not surprising as we spend far more per capita than any one else by far, while having tens of millions of uninsured who receive little if any health care. And the Dow closed down -315. It looks like the bargain hunters showed up after all. Tomorrow will determine if they were savvy investors or knife catchers. Oil is down too. Maybe we will see $3 gasoline this winter.
Originally Posted By RoadTrip DJIA ends up -365.9. I was 211.9 too optimistic. fkurucz was 134.10 too pessimistic. fkurucz wins in absolute terms but lets face it; I win as far as predicting today would not be "the big one". OPTIMISM RULES!! Anyone want to sell me some SPAM cheap?? lol
Originally Posted By vbdad55 if -366 is a win for optimism- someone tell the ride operator to stop, I want to get off and get a Dole Whip instead
Originally Posted By dshyates "someone tell the ride operator to stop, I want to get off and get a Dole Whip instead" Whimp! That 800 point vertical drop was AWESOME. MAJOR frickin' airtime. YeeHaw!!!!! And right there at the end that 400 point hill straight up! The skin on my face was stretching like a Nasa experiment. Frickin' INSAAANNNE.
Originally Posted By RoadTrip <<if -366 is a win for optimism- someone tell the ride operator to stop, I want to get off and get a Dole Whip instead>> Is it great? Of course not. Is it one helluva lot more optimistic a result than what was expected by those who thought today would be equivalent to Black Monday 1929? You bet it is! In 1929 stock value dropped 13% on Black Monday. Today stock value dropped 3.58%. The two figures are worlds apart. I have never in my life seen people who are such a bunch of downers as exit on this board. That is part of the reason I dropped out for a while and came back a republican. LOL I decided if liberals were by and large all gloom and doom I didn't want to be one any more. I won't live my life like that.
Originally Posted By dshyates Its our job to be all doom and gloom until Obama is elected and then we will be all "Happy Days are Here Again".
