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 New Stock Market Terms:& r9 h. Q7 t g
! s! a2 [$ b- j% N$ VCEO -- Chief Embezzlement Officer. 2 W1 K* ~, Z3 X; K. f6 j- Q
CFO -- Corporate Fraud Officer. 1 N4 W: O" c0 k- F+ K/ R
' b- |. a6 h8 z8 vBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. " }. ~+ Z6 u- }+ ^0 [9 w: I. _4 M
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.
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VALUE INVESTING -- The art of buying low and selling lower.
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& u7 W# D$ f* O( O) ?9 a+ bP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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, ?- d8 f! |9 iBROKER -- What my broker has made me. ! I$ \, R: D2 r t, J- w
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STANDARD & POOR -- Your life in a nutshell. . Q8 L6 y9 c2 o7 y
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STOCK ANALYST -- Idiot who just downgraded your stock.0 I2 C! J; f9 O+ a3 H3 P5 x# v& R
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. ) ^! z/ i; D! I, o n9 q
2 \/ B6 j2 d1 {7 dFINANCIAL PLANNER -- A guy whose phone has been disconnected. 6 F' A4 y# B3 X) k
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MARKET CORRECTION -- The day after you buy stocks. 5 H% C$ q6 e/ C7 d' a
6 g% d% ~ |/ @9 ~5 X0 RCASH FLOW -- The movement your money makes as it disappears down the toilet.
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% T4 `% J# G2 CYAHOO -- What you yell after selling it to some poor sucker for $240 per share. 3 `4 _% X2 @0 u! T# S
8 S$ |6 [- b& D/ J) {WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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9 t* ]2 x% g7 n* _INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. $ o. u! W: d" o c4 ~
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PROFIT -- an archaic word no longer in use.- Z- K. v4 V7 ^! l% U8 _0 o
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- b W2 i! I7 f# e) n% {' jIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
7 K8 O8 h3 d2 ?# F4 o: j5 s7 OWith Fannie Mae, you would have $2.50 left of the original $1,000.1 k2 e; f- \; j! @% }4 h
With AIG, you would have less than $15 left.
2 @, B' I9 ]- k* Z. \But, 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 $214 cash. ! _( O2 [ H6 x, F- o
Based on the above, the best current investment advice is to drink heavily and recycle.1 P/ C6 Y) l9 A( N3 V; h& E
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1 P3 e) G5 g8 U1 [* J6 B3 N! sWhat is the difference between a Wall Street Stockbroker and a pigeon? 4 T/ k4 m7 {& v" O8 P }$ f
0 H# d+ w" r o, z4 v A pigeon can still make a deposit on a Mercedes.2 ^2 Q; g- x. W _- q$ [( l
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8 k; f& z( S0 a$ W9 l( Y, UPoliticians and diapers have one thing in common...
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6 \/ Q) m8 d f. H ...they should both be changed regularly and for the same reason. |
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