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Old 07-02-2010, 11:42 AM   #1
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Default I'm A Dow Jones Junkie!

My money is managed by an investment company (Registered Investment Advisor) so I don't do any buying or selling on my own. But the first thing I do when I get up in the morning is to check the DJI! I keep an eye on it all day long.

I know I shouldn't. But I can't help myself! And worse, it sets my "mood" for the day. So, lately I've not been in a particularly good mood.

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Old 07-02-2010, 11:43 AM   #2
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Oh, indeed. I'm sure you're not alone. The entire mood of the U.S., and probably elsewhere, is highly influenced by the "state" of the stock market. It's a sickness, you might say.
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Old 07-03-2010, 10:34 AM   #3
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I don't do any trading any more. When I was a kid I started playing in the market thanks to my mom and some money a grandfather left me. I did pretty well until I stopped when I was in my early 20's. Since then I haven't done much of anything with exception of loosing a ton of cash through a employer managed program.

Heck, I honestly wouldn't even know how to start again.

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Old 07-03-2010, 10:43 AM   #4
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Quote:
Originally Posted by Jon Foster View Post
Heck, I honestly wouldn't even know how to start again.

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Sometimes ignorance really is bliss.
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Old 07-03-2010, 11:39 AM   #5
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Old 07-04-2010, 09:32 PM   #6
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For 16 years I was the Pres./CEO of my own NASDAQ traded company. I sold the company when I retired to South America and really pay very little attention to the market now. I enjoy not working 16 hours and day, 365 days a year.
Now it's like "Sunday on the farm, nothing to do and all day to do it in".
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Old 07-19-2010, 10:07 PM   #7
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I have an interesting sidebar to this: I've noticed that when the DOW is down, the Canadian dollar is also down, which means my American dollars are worth more in Canada. They say the Canadian economy is the fastest to recover from the "recession", and the Canadian dollar will do better in the long term. And Canadians seem far more relaxed about life than Americans these days....
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Old 07-19-2010, 11:31 PM   #8
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I should take another trip to Canada then. I've been often and meet with some photographers I know on Vanouver Island; Sydney and Nanaimo, and elsewhere.
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Old 07-20-2010, 12:32 PM   #9
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Relaxed is certainly an apt description for Vancouver. I lived in Vancouver for a year in 1984 when I formed my publically traded company on the Vancouver Stock Exchange, later transferred to NASDAQ.
Vancouver is a truly lovely city, Stanley Park, the aquarium, Gastown and the financial district is very important to Western Canada even if perhaps a bit questionable considering it is "self regulated" by the exchange itself.
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Old 07-20-2010, 09:23 PM   #10
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Default Canada Crime Problems

The sad thing now is that crime is running rampant in cities like Vancouver and Winnipeg. Gangs of kids rush an elderly couple, throw them to the ground, take everything they have on them, and leave them sometimes badly injured. My wife lived in Vancouver and N. Vancouver for some ten years and still doesn't quite get the problem. And Winnipeg, which I once considered the nicest city in N. America, now has the highest crime rate in Canada and I believe the highest homicide rate. I don't get how this happened.
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