Down goes the Dow

Ghost of Igloi wrote:

Racket wrote:

Boomers are an easy convenient punching bag sometimes. It is interesting how a lot of economists are admitting globalization hurt Americans more than originally thought

https://www.letsrun.com/forum/flat_read.php?thread=10320055

Insisting that "OK boomer" is equivalent to the N word is, in fact, highly typical of your standard boomer.

Racket wrote:

Ghost of Igloi wrote:

https://www.letsrun.com/forum/flat_read.php?thread=10320055

Insisting that "OK boomer" is equivalent to the N word is, in fact, highly typical of your standard boomer.

I never saw that phrase until you used it in a response to me. It didn’t occur to me you were just copy catting your peers.

Ghost of Igloi wrote:

Racket wrote:

Insisting that "OK boomer" is equivalent to the N word is, in fact, highly typical of your standard boomer.

I never saw that phrase until you used it in a response to me. It didn’t occur to me you were just copy catting your peers.

Honest suggestion: you should just stop typing.

Thought I would revisit the idiotic forecast from March 2018 to see how it's holding up:

https://ibb.co/ZJDNYWq

A couple of times over the past ~ 2.5 years we've touched the then-10th %ile line, and generally fluctuated about the median projection.

agip wrote:

Racket wrote:

90% hyperbole.

But I do think this whole charade with Chinese companies has gone on too long. They cook the ever living sh!t out of there books, they're all state owned, we're not allowed to audit them, and they've been stealing our IP for a long time...

But they can list on our exchange?

Someone let me know if it was similar with Japan in the 60s and 70s. My understanding was that they made small cheap things at the right place and right time

From Network, the rant about the 'arabs' taking over the country.

anyone still worried about the arab economic threat anymore?

https://www.youtube.com/watch?v=CDXTEtZ-G2o

Oh yeah, this is the "I'm mad as hell" movie right? I should probably watch that one day. I've been doing classic movies lately (so I can claim superiority over my fellow Millennials). Just finished the Dollars trilogy and Deliverance recently.

Anyways, fake Chinese company listings are different than that. Although scrupulous Arab and foreign investment hasn't gone unnoticed either (e.g. the weird traffic speed cameras in Australia and parking meters in Chicago)

Racket wrote:Just finished ... Deliverance recently.

That film has among the best (dueling banjos) and worst (squeal like a pig, boy!) movie scenes of all time!

Racket wrote:

agip wrote:

From Network, the rant about the 'arabs' taking over the country.

anyone still worried about the arab economic threat anymore?

https://www.youtube.com/watch?v=CDXTEtZ-G2o

Oh yeah, this is the "I'm mad as hell" movie right? I should probably watch that one day. I've been doing classic movies lately (so I can claim superiority over my fellow Millennials). Just finished the Dollars trilogy and Deliverance recently.

Anyways, fake Chinese company listings are different than that. Although scrupulous Arab and foreign investment hasn't gone unnoticed either (e.g. the weird traffic speed cameras in Australia and parking meters in Chicago)

I never heard of that movie, but I pay little attention to anything coming out of Hollywood after about 1970. I prefer 1940-1955, and we watch a lot of TCM, film noir, as well as classics. I suspected some form of popular culture. The Troll schooled me on “jump the shark” a number of years ago. Probably one of three constructive posts.

VS-SJW-IR-TS idiot wrote:

Racket wrote:Just finished ... Deliverance recently.

That film has among the best (dueling banjos) and worst (squeal like a pig, boy!) movie scenes of all time!

true story - the kid isn't playing that banjo - the musician is sitting behind him, out of frame, arms reaching through the chair.

Ghost of Igloi wrote:

Racket wrote:

Oh yeah, this is the "I'm mad as hell" movie right? I should probably watch that one day. I've been doing classic movies lately (so I can claim superiority over my fellow Millennials). Just finished the Dollars trilogy and Deliverance recently.

Anyways, fake Chinese company listings are different than that. Although scrupulous Arab and foreign investment hasn't gone unnoticed either (e.g. the weird traffic speed cameras in Australia and parking meters in Chicago)

I never heard of that movie, but I pay little attention to anything coming out of Hollywood after about 1970. I prefer 1940-1955, and we watch a lot of TCM, film noir, as well as classics. I suspected some form of popular culture. The Troll schooled me on “jump the shark” a number of years ago. Probably one of three constructive posts.

Igy you might like Network. It's about a lot of things, including the news media's change from Walter Cronkite-style journalism to some outlets' turning news into entertainment. And the handover of generations, and how awful the 1970s were economically, the gap between government and people and media...and how lefties are hypocritical...it's broadly considered one of the greatest scripts ever written.

Totally cantankorous.

VS-SJW-IR-TS idiot wrote:

Racket wrote:Just finished ... Deliverance recently.

That film has among the best (dueling banjos) and worst (squeal like a pig, boy!) movie scenes of all time!

In the Boise Foothills we have numerous trails that are numbered. The runners have given names to the main ones. One passes a house nestled in a remote canyon with dirt road access, appropriately referred to as “Deliverance.”

Last movie I attended with my wife was one of the Batman movies (we had free tickets). The plot was dumb, acting poor, and sound too loud. I really don’t get it.

agip,

I might check that movie out. One of the actors of the 1970s who was an avid runner was Bruce Dern (Laura is his daughter). He was an early member of the Santa Monica Track Club, and premiered a couple of movies as benefits for the club. Crazy funny guy, liked doing ultras. At the time we ran long sessions of intervals. During warm-ups he’s always just cracking us up. One day Dern says something like “I bragged to my wife I ran 30 times 300, and she told me all it does is make my dick smaller.” Of course the group breaks out in uncontrolled laughter.

Igy

Ghost of Igloi wrote:

Last movie I attended with my wife was one of the Batman movies (we had free tickets). The plot was dumb, acting poor, and sound too loud. I really don’t get it.

Same with computers. They're loud and dumb, they'll never catch on.

All time high SP500

agip wrote:

All time high SP500

Lol... because job numbers missed and hopes of a stimulus package are growing. What a world we live in.

highhoppingworm wrote:

agip wrote:

All time high SP500

Lol... because job numbers missed and hopes of a stimulus package are growing. What a world we live in.

"Ours not to reason why, ours but to do and die."

Of course that didn't work out too well for the light brigade.

agip wrote:

highhoppingworm wrote:

Lol... because job numbers missed and hopes of a stimulus package are growing. What a world we live in.

"Ours not to reason why, ours but to do and die."

Of course that didn't work out too well for the light brigade.

On year end GAAP estimated EPS of $93.17, or Current PE 39.66. Oh, that’s right PE doesn’t matter, and the market is forward looking. ?

Ghost of Igloi wrote:

agip wrote:

"Ours not to reason why, ours but to do and die."

Of course that didn't work out too well for the light brigade.

On year end GAAP estimated EPS of $93.17, or Current PE 39.66. Oh, that’s right PE doesn’t matter, and the market is forward looking. ?

are you saying that the market isn't forward looking?

The market wasn’t forward looking March 2000, and October 2007. That phrase is meaningless bullish banter, like the “cash on the sidelines” meme.