View Single Post
  #207  
Old 03-17-2008, 08:25 PM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default The Depression of 2008

Posted By: Ted Zanidakis

The Dow is the main index in this aspect of the market and it "survived" for another day. I fully appreciate the agony of "crashing"
stocks. Not too long ago my AT&T and LUCENT stocks were $80 apiece.....now AT&T is $35 and LUCENT is $2 (or $4). That's the
risks you take when you do not "diversify". Anyhow, the Stock Market will gradually recover....but, will the DOW reach 14K again ?
Perhaps, not for some time, as there always is a certain amount of nervousness in the Stock market during a national election year.
This was true in 1992 and in 2000, as we led up to the Prez. elections.

Teaching is a worthy profession and I applaud all who labor in it. However professionally one tries to carry out their task nowadays,
they are very limited by the bureaucracy that they work under. Most teachers are probably underpaid for what they have to put
up with, from the student's end and their management on the other end. I once taught, so I do have the background to know of
what I am speaking of.

Regards,
TED Z

Reply With Quote