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 New Stock Market Terms:
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CEO -- Chief Embezzlement Officer. 0 y; f5 C2 @3 W
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. + \1 E! L3 f% ?# r2 w$ n
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. : r2 l; Z* n8 I4 I7 T! z0 y' Z. f
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VALUE INVESTING -- The art of buying low and selling lower. & [, d) S' J7 X; q& F \* y
2 Q! F' [' h; G r3 r, q2 ?8 ?; VP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 9 K) f, d `7 C$ N8 j
i) c) v. ?+ r5 R- a. v: v$ ZBROKER -- What my broker has made me.
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) }+ Q; P4 |6 [" lSTANDARD & POOR -- Your life in a nutshell. - a* j' c, w6 K3 E' s
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STOCK ANALYST -- Idiot who just downgraded your stock.3 s; W" n9 U+ |3 h; g; _. Z
6 {& J4 t! c# M7 Y5 K1 f* YSTOCK 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. / L. b" ? R4 z
+ y) e4 V8 G* a# y( V# w! xCASH FLOW -- The movement your money makes as it disappears down the toilet.
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4 E7 j) L5 N8 Y7 P' H0 `6 i) n, fYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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L+ B! |4 k2 F+ Y" iWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share." Y1 S. C, \, i9 s! w+ } h+ ?3 j
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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- ~6 F( `. k: O! L2 I$ a# g6 I4 T5 SPROFIT -- an archaic word no longer in use.1 j1 ]+ i! `5 Z& Q% p3 W
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; c0 k \( _ {/ J9 ZIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.: Q9 b8 n, \% |2 J. z. w' v0 R+ C5 K" |
With Fannie Mae, you would have $2.50 left of the original $1,000.
0 E3 T* u1 N4 nWith AIG, you would have less than $15 left.
, z2 y l W2 F/ a" g% d2 o, XBut, 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 $214 cash.
& b0 c& V2 ]$ t3 e) M( v3 M4 KBased on the above, the best current investment advice is to drink heavily and recycle.5 ~: n9 a# c$ _# i0 Y- ]; f
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; p# J# o8 H3 ^ y( t. R6 a6 N! I. OWhat is the difference between a Wall Street Stockbroker and a pigeon? t; O6 r t( g- z0 L
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A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common... j1 r$ q. l- G! B! Q+ [
6 V" k2 c( l/ ?* Z ...they should both be changed regularly and for the same reason. |
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