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 New Stock Market Terms:
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CEO -- Chief Embezzlement Officer. 8 c( e# c& u9 H, S
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
: B0 d( T0 h9 m- c( e5 {BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. - y2 S. z- K' e7 ?% D! N- I- E' j# G
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VALUE INVESTING -- The art of buying low and selling lower.
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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8 ]) ~: W) C1 t$ UBROKER -- What my broker has made me.
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- e2 r) e2 _3 C3 h: H5 V. z7 hSTANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.4 S) z9 ^9 x: a$ F
5 o6 j$ u* [. z1 B vSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
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FINANCIAL PLANNER -- A guy whose phone has been disconnected.
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MARKET CORRECTION -- The day after you buy stocks. + p1 ~$ t# G2 u6 N' |
+ ]6 j- [6 r+ K5 PCASH FLOW -- The movement your money makes as it disappears down the toilet. 1 l5 F X1 |3 E' k7 ?
& j' @, P# U8 F# SYAHOO -- What you yell after selling it to some poor sucker for $240 per share. : A5 v# V8 F4 ~# i8 x8 j
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. 4 x# s! p# ^1 s# d
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PROFIT -- an archaic word no longer in use.
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9 l$ v0 n# H: K! bIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.9 n4 z/ m3 \" u( T2 Y
With Fannie Mae, you would have $2.50 left of the original $1,000.1 d7 B' K7 O* X z% R5 {+ x
With AIG, you would have less than $15 left.
. _2 f& {5 u# L. e" bBut, if you had purchased $1,000 worth of beer one year ago, drunk all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214 cash.
( ^ d) V% P; T, b; n9 Y cBased on the above, the best current investment advice is to drink heavily and recycle.0 v; {6 M& a3 Q2 p+ Y
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What is the difference between a Wall Street Stockbroker and a pigeon?
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A pigeon can still make a deposit on a Mercedes.; _4 |1 M' `$ I. {6 k
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Politicians and diapers have one thing in common... 8 f1 [8 O ?2 _; \+ z. }( v
* n8 m6 i1 V. J ...they should both be changed regularly and for the same reason. |
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