All times are UTC-05:00


Phinfever Home Page

Phinfever Chatroom

Phinfever FAQ




Reply to topic  [ 7 posts ] 
Author Message
PostPosted: Mon Aug 08, 2011 2:18 pm 
Offline
User avatar
2016 Post Game Blog Writer
2016 Post Game Blog Writer

Joined: Tue Jan 12, 2010 9:59 am
Posts: 25397
Location: Miami, FL
http://www.cnbc.com/id/44058141

_________________
Image


Top
   
PostPosted: Mon Aug 08, 2011 10:46 pm 
Offline
Phinfever Ring of Honor
Phinfever Ring of Honor

Joined: Sat Aug 28, 2010 1:00 am
Posts: 1287
pick your words a little better..a recession is defined by 2 consecutive quarters of negative growth in GDP..we haven't even had 1 yet...this is a market correction that was long over due due to the stopping of QE2 which artificially propped up the markets...nothing more, nothing less...unless of coarse some of our big financial institutions have a heavy exposure to the European debt crisis...ehem ehem Goldman.... :)


Top
   
PostPosted: Tue Aug 09, 2011 4:22 am 
Offline
User avatar
2016 Post Game Blog Writer
2016 Post Game Blog Writer

Joined: Tue Jan 12, 2010 9:59 am
Posts: 25397
Location: Miami, FL
dolphan74 wrote:
pick your words a little better..a recession is defined by 2 consecutive quarters of negative growth in GDP..we haven't even had 1 yet...


Did you notice the question mark at the end of the subject??

_________________
Image


Top
   
PostPosted: Sat Aug 13, 2011 8:16 am 
Offline
User avatar
2016 MODERATOR
2016 MODERATOR

Joined: Tue Jan 12, 2010 6:53 pm
Posts: 5343
Location: Palm Beach County, Florida
Man what volatile times. 2 weeks ago I felt like I won the lottery looking at my portfolio. Now I gave it all back & then some. Did rebound a bit on Thursday & Friday however , maybe stabilization is here.
Funny how long it takes for gas prices to decline however. They go up immediately when oil rises but when oil goes down it takes about a week to see a 2 cent drop in gas prices.

_________________
GASE IS ON THE CASE!!! 2016 SB CHAMPIONS.


Top
   
PostPosted: Sun Aug 14, 2011 6:07 am 
Offline
User avatar
2016 Post Game Blog Writer
2016 Post Game Blog Writer

Joined: Tue Jan 12, 2010 9:59 am
Posts: 25397
Location: Miami, FL
FINesse wrote:
Funny how long it takes for gas prices to decline however. They go up immediately when oil rises but when oil goes down it takes about a week to see a 2 cent drop in gas prices.


Yup!

_________________
Image


Top
   
PostPosted: Tue Aug 16, 2011 12:41 am 
Offline
Phinfever Ring of Honor
Phinfever Ring of Honor

Joined: Sat Aug 28, 2010 1:00 am
Posts: 1287
what is even funnier is when there is unrest in the middle east gas and oil prices go up...even though the 2 countries we import the most oil from are mexico and canada


Top
   
PostPosted: Tue Aug 16, 2011 4:41 am 
Offline
User avatar
2016 Post Game Blog Writer
2016 Post Game Blog Writer

Joined: Tue Jan 12, 2010 9:59 am
Posts: 25397
Location: Miami, FL
dolphan74 wrote:
what is even funnier is when there is unrest in the middle east gas and oil prices go up...even though the 2 countries we import the most oil from are mexico and canada


Yup!

_________________
Image


Top
   
Display posts from previous:  Sort by  
Reply to topic  [ 7 posts ] 

All times are UTC-05:00


Phinfever Home Page

Phinfever Chatroom

Phinfever FAQ


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
cron
Powered by phpBB® Forum Software © phpBB Limited | Chopped and modified by Coots | Original design by Prosk8r