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亂彈美景新聞:Dow finishes below 7,000 for first time since \'97

(2009-03-02 19:59:03) 下一個

Finally, Dow finishes below 7,000 for first time since 1997. Today it ends at 6,763.29; SP 500 700.82. The downtrend is accelerating after it stays around 8000 for months after President Obama took office.

As we all know, Obama is not the god. I think, even the god can't save the greedy people who is abusing credits. If Mr Obama don't dare to say no to the bankers, the crisis will continue. With the bubble busted, everything will show its real value. Stock is some kind of Ponzi Scheme since you can't get dividend. Your so called investment can't help you make one penny if you don't trade. So what's the trading? Trading is like speculation or gamble.If you are lucky and you are not the last people to hold the rot apple, you think you are doing investment instead of gamble. But if you are unlucky, sorry, you have to wait for another 10 years, or see your so called investment becoming 0.

Let's make simple. Assume every company has a life cycle. Like people, we could only live within 100 years. If the company don't give you dividend, then you are holing some trash paper, which will be become 0. You will lose everything you invest. But if the company give you dividend, even they give you 1 percent of the paper value dividend. After one hundred years, you can get your money back even without earning money.

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