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Medical Forum / General / Dentistry / January 2006

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PING Vaughn Potter

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Whamatus_B - 21 Dec 2005 15:58 GMT
... and the Burning Ring of Fire

Last month

Wholesale prices dropped 0.7%
(anti-inflationary)

New housing starts up 5.3%
(better than expected, eventhough interest rate up 0.25%)

3rd Quarter growth (revised figure) up 4.1%

Oil has stabilized @ ~$50/bbl and is expected to stay there
for some time.

The economy is good dude.
--

Whamatus
Take out the G'RBAGE
wubbabubbazG@RBAGEyahoo.com
kureforcrohns@sbcglobal.net - 21 Dec 2005 17:19 GMT
The economy is good for who?      Did you get a gas heating bill.       The
gas for cars can break almost anyone, but gas heating can only be good for
the physicians to treat pneumonia or arthritis of the body, shatter the knee
with a  little frost, etc. etc. etc.  maybe even freeze out the teeth whilst
chattering.     Your great economy is magical thinking and an illusion.
Am not political, but the figures are staggering.     That is my uneducated
summary.
Gail

> ... and the Burning Ring of Fire
>
[quoted text clipped - 17 lines]
> Take out the G'RBAGE
> wubbabubbazG@RBAGEyahoo.com
Mark & Steven Bornfeld - 21 Dec 2005 19:18 GMT
> ... and the Burning Ring of Fire
>
[quoted text clipped - 5 lines]
> New housing starts up 5.3%
> (better than expected, eventhough interest rate up 0.25%)

    Of course, the increase in housing starts was credited for yesterday's
decline in the stock market--due to the fear that the Fed would continue
to raise short rates.
    Someone knowledgeable was trying to explain to my why the Fed had
raised short rates 13 or so times with little effect on long rates.
Apparently is has to do with all that foreign money coming in and buying
long debt, and helping to finance our astronomical trade deficit.  The
theory is we're in deep do-do if they pull their money out.

Steve

> 3rd Quarter growth (revised figure) up 4.1%
>
[quoted text clipped - 7 lines]
> Take out the G'RBAGE
> wubbabubbazG@RBAGEyahoo.com

Signature

Mark & Steven Bornfeld DDS
http://www.dentaltwins.com
Brooklyn, NY
718-258-5001

Whamatus_B - 21 Dec 2005 20:13 GMT
>> ... and the Burning Ring of Fire
>>
[quoted text clipped - 16 lines]
>
>Steve

That is unlikely to happen because the returns on investment are increasing.
It is generally agreed on the street that the short term rate hikes are almost over
for at least a while.

Haven't checked the market today but bet that it's up.
(at least a little, say Dow +30 ? )

Am now going to check to see how my prediction is.

>> 3rd Quarter growth (revised figure) up 4.1%
>>
[quoted text clipped - 5 lines]
>>
>> Whamatus

--

Whamatus
Take out the G'RBAGE
wubbabubbazG@RBAGEyahoo.com
vaughnsimon@att.net - 22 Dec 2005 23:31 GMT
    I fear that WB's politics is seriously coloring his opinion.

   Have a great holiday WB and all you smd'ers out there, I am.

Vaughn  ;-)
Whamatus_B - 30 Dec 2005 19:31 GMT
>     I fear that WB's politics is seriously coloring his opinion.
>
>    Have a great holiday WB and all you smd'ers out there, I am.
>
>Vaughn  ;-)

Interesting choice of words.

You're right of course, I color the economic outlook *rosy* !

HH to ya'll too !

--
Whamatus
Take out the G'RBAGE
wubbabubbazG@RBAGEyahoo.com
Vaughn - 01 Jan 2006 14:49 GMT
> You're right of course, I color the economic outlook *rosy* !

    Then you need to get your vision checked and stop looking at just the short
term stuff.

    By the way, today is a good time to look back a few years.  On 19 Jan '01,
the Dow closed at 10,587.  The Dow just closed out '05 at 10,717.  The market
has certainly had its ups and downs, but we now have essentially flat returns
for the last five year period.  The performance of my IRA over this same time
period can attest to this truth.  I would have been much better off with my
money in the bank.

 I ain't impressed.  Are you?  Honest? You can call five years without returns
"rosy"?  What world do you live in?

Vaughn
W_U_B - 01 Jan 2006 21:36 GMT
>> You're right of course, I color the economic outlook *rosy* !
>
>     Then you need to get your vision checked and stop looking at just the short
>term stuff.

Allrighty then big V. Please calm down and re-assess your position.
Have you forgotten "buy low, sell high" ?

>     By the way, today is a good time to look back a few years.  On 19 Jan '01,
>the Dow closed at 10,587.  The Dow just closed out '05 at 10,717.  The market
>has certainly had its ups and downs, but we now have essentially flat returns
>for the last five year period.  The performance of my IRA over this same time
>period can attest to this truth.  I would have been much better off with my
>money in the bank.

Well if you are 'locked' into a DJ average fund, you are about even.
Did you already forget the DJIA drop in early 2000 ?
Sell at the top, or at least when the elevator is still going up.
Buy when it hits the floor.
IBD is the best available research tool for the individual investor
IMO.

>  I ain't impressed.  Are you?  Honest? You can call five years without returns
>"rosy"?  What world do you live in?

Sorry that you are locked into a non-return fund.
I live in an honest and self-directed world.
Trusting your money to someone else without your
best interest in mind is, in a word, foolish.

Have some holdings that offer a DRIP.
The cumulative stock share holdings increase the
return; re-invested dividends incease your shares.

It is a positive cycle.

I don't own BUD, but that would be a good first choice
for the initiate investor. Good, consistent dividend.
Put it in a DRIP and watch it grow.
There are many other stocks in this category.

Before you condemn me, maybe you should examine
why *your* investments are under preforming.

Could it be that you have allocated your funds to someone
else's control ?

>Vaughn

Luv ya V,
But disagree with your investment philosophy.

Here's hoping that your returns in 2006 are better than the
last 5 years, cumulative..
If you take your own horse by the reins, you may even
do better than 15%/yr.

Back to my rose colored glasses, right ?

--
Whamatus
Take out the G'RBAGE
wubbabubbazG@RBAGEyahoo.com
Vaughn - 01 Jan 2006 22:27 GMT
>>> You're right of course, I color the economic outlook *rosy* !
>>
[quoted text clipped - 4 lines]
> Allrighty then big V. Please calm down and re-assess your position.
> Have you forgotten "buy low, sell high" ?

    The rest is clipped wherein WB changes the subject (his subject by the way)
by pretending to understand Vaughn's investment strategy and presuming to offer
advice.

    My point (in case WB actually missed it) is that in terms of overall stock
market performance, the last five years have been dismal; nothing that meets the
definition of a bear market, just dismal.  At some point, even the neocons will
have to doff their rose-colored glasses, wherein Vaughn predicts they will
promptly blame someone else for their failure and offer up yet another flawed
plan to the true believers.

Happy New Year!  ;-)
Vaughn  (Who is back from Ca, fighting jet lag by racking up some holiday time
on a local Hobbs meter)
The Webby - 01 Jan 2006 22:31 GMT
> Happy New Year!  ;-)
> Vaughn  (Who is back from Ca, fighting jet lag by racking up some holiday
> time
> on a local Hobbs meter)

..."great" weather you had out here ...  :-(
You're back home, safe and sound ... Happy New Year!
TW
Vaughn - 02 Jan 2006 00:39 GMT
> In article <9HYtf.214668$qk4.31211@bgtnsc05-news.ops.worldnet.att.net>,
>
> ..."great" weather you had out here ...  :-(
> You're back home, safe and sound ... Happy New Year!

    The weather was mostly a problem for the granddog, who knows that grandpa
is always a soft touch for a quick trip outside for a game of ball (or an
imagined bathroom break).  Given the weather, neither of us was too eager to
spend much time outside this trip.  Actually, gramps was mostly inside playing
"Tim the Toolman" (I can't seem to get the grunt right though).  We did get
enough of a weather break to spend a nice day in NAPA wine country and even have
our usual picnic there.

    It was also a problem for downtown San Anselmo, which was largely under
water when we left.  That is where the kids live, but fortunately they don't
live downtown.

San Anselmo, Ross, Fairfax Slammed By Storm
  (CBS 5) CORTE MADERA  By Janet Yee

 Residents of some Marin County neighborhoods are under orders to
shelter-in-place or evacuate.

 For others, it's a matter of digging out from under the debris and chaos
caused by the New Year's Eve storm of 2005. Despite the difficulty, they're
considering themselves lucky that floodwaters aren't forcing them from their
homes.

 Floodwaters and a rising tide put many of Marin County's inland communities
under siege from Mother Nature. Typically, the coastal areas around Highway 101
are most affected. Portions of the freeway were closed at times Saturday.

 But the heaviest damage was elsewhere. San Anselmo was like a river. Fairfax
was hit by massive mudslides. Ross was simply a mess.

 Waters raced through San Anselmo Creek, covering the downtown in muddy runoff.
It was reminiscent of the big storm of 1982.

 ..... snip.....
From: http://cbs5.com/topstories/local_story_001005723.html

Vaughn

 > TW
W_U_B - 01 Jan 2006 22:53 GMT
>> Allrighty then big V. Please calm down and re-assess your position.
>> Have you forgotten "buy low, sell high" ?
[quoted text clipped - 13 lines]
>Vaughn  (Who is back from Ca, fighting jet lag by racking up some holiday time
>on a local Hobbs meter)

So you dismiss my analysis because you don't agree with it ?
Fair enough.

>     My point (in case WB actually missed it) is that in terms of overall stock
>market performance, the last five years have been dismal; nothing that meets the
>definition of a bear market, just dismal.  At some point, even the neocons will
>have to doff their rose-colored glasses, wherein Vaughn predicts they will
>promptly blame someone else for their failure and offer up yet another flawed
>plan to the true believers.

Actually I didn't miss your *point*, I just disagree with your
position.

Yes the DJIA, NASDAQ, and SP500 *"AVERAGES"* have largely been "flat"
However, the astute investor would have bought/sold on the
peaks/troughs.

The hard bear market ended in the early new millenium.

NeoCon, is that like a neo-nazi ?
Despite your name calling, I still think that you put too much trust
in the government and your retirement administration.

My plan is to take care of my own retirement and not to trust others
to do it for me.

W_B predicts that Vaughn will promptly blame someone else for their
failure and offer up yet another flawed plan to the true believers.

Happy New Year bro,
May your returns exceed your expectations.

Keep in mind that is unlikely to happen if you continue to allow
someone else to manage *your* money.

--
Whamatus
Take out the G'RBAGE
wubbabubbazG@RBAGEyahoo.com
Vaughn - 02 Jan 2006 19:12 GMT
>>> Allrighty then big V. Please calm down and re-assess your position.
>>> Have you forgotten "buy low, sell high" ?
[quoted text clipped - 20 lines]
> So you dismiss my analysis because you don't agree with it ?
> Fair enough.

    I dismissed your "analysis" because my personal situation is not relevant
to the economic outlook for the entire nation.  Further; you can't possibly know
anything about my financial situation and I am unlikely to supply such
information in a public forum, so I don't see how we could possibly discuss it.
(perhaps over a beer someday, I would like that)

>>     My point (in case WB actually missed it) is that in terms of overall
>> stock
[quoted text clipped - 8 lines]
> Actually I didn't miss your *point*, I just disagree with your
> position.

    You disagree that the DJIA and other relevant market have been
substantially unchanged over the last five years?  Do you think that is a good
sign?

> Yes the DJIA, NASDAQ, and SP500 *"AVERAGES"* have largely been "flat"
> However, the astute investor would have bought/sold on the
> peaks/troughs.

    Again, we are not talking about investment strategy, we are talking about
the economy.

> The hard bear market ended in the early new millennium.
>
> NeoCon, is that like a neo-nazi ?
> Despite your name calling,...

    No name calling.  I think they call themselves "Neocons" (short for "new
conservatives) and it is not considered (to them at least) a pejorative term.
If you prefer, I will call them "New Conservatives".

>I still think that you put too much trust
> in the government...

    Well no...actually I have little trust in government, particularly in the
current administration.  My education is in both Business and in Public
Administration, I have given these things considerable thought and perhaps even
learned a few things they didn't have time to cover in your dental school.

>...and your retirement administration.

     Do you mean "my" (local) retirement commission or the social security
administration?  Again, you know nothing about my personal finances and this
thread is not about that.

> My plan is to take care of my own retirement and not to trust others
> to do it for me.

    You must put your treasure somewhere.  There is nowhere (not even your
mattress) where it is not impacted by government fiscal policy.  This is what we
are talking about.

> W_B predicts that Vaughn will promptly blame someone else for their
> failure and offer up yet another flawed plan to the true believers.

    Vaughn is not a "true believer" of anything other than sound fiscal policy.
Hint: a truly sound (conservative) governmental fiscal policy is unlikely to
feature a record deficit.

> Happy New Year bro,
> May your returns exceed your expectations.

    ...and the same to you.

> Keep in mind that is unlikely to happen if you continue to allow
> someone else to manage *your* money.

    Again... this thread is not about Vaughn, it is about the economy and (I
suppose) the government policy that is driving the economy.  There is nowhere
you can make or invest your money where it is not impacted by government
policy...be it good or bad (for you) policy.

Regards
Vaughn
Vaughn - 01 Jan 2006 19:05 GMT
> You're right of course, I color the economic outlook *rosy* !

Then you need to get your vision checked and stop looking at just the short
term stuff.

    By the way, today is a good time to look back a few years.  On 19 Jan '01,
the Dow closed at 10,587.  The Dow just closed out '05 at 10,717.  The market
has certainly had its ups and downs, but we now have essentially flat returns
for the last five year period.  The performance of my IRA over this same time
period can attest to this truth.  I would have been much better off with my
money in the bank.

    I ain't impressed with no progress over five years, are you?  Honest? You
can call five years without returns on investments "rosy"?  What alternate
reality do you live in?

Vaughn (second try---first one seems to have found a black hole somewhere)
 
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