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 New Stock Market Terms:
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CEO -- Chief Embezzlement Officer. 5 z% m( h5 o# j) |5 D( o
CFO -- Corporate Fraud Officer. , ]# S& d& @- j! E5 U1 X
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. . z+ L# [3 H% [2 z/ H) k1 Y7 S
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. - R" h: ]# x( t A7 Y$ n
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VALUE INVESTING -- The art of buying low and selling lower. ; F- p: w: g. s$ D
9 C; @# W& f1 y0 }. M P2 @% PP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 0 N4 [$ H2 R) P$ m! C1 i. `, Q7 U5 J
+ I: { i" n* h2 nBROKER -- What my broker has made me. ' b1 N+ B: q7 B. c' _
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STANDARD & POOR -- Your life in a nutshell. * S) N+ `# S2 q2 l J
3 }& I2 W8 B+ M8 p4 NSTOCK ANALYST -- Idiot who just downgraded your stock.3 M1 d2 k( |# D6 G3 p8 |
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. . _4 [ a- k, e) ^
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. + d3 m; b1 u4 A& t5 L
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MARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet. ) S1 o" L2 @' L$ C/ w, m
) l6 D6 c; N0 i7 r% u0 vYAHOO -- What you yell after selling it to some poor sucker for $240 per share. $ F" X4 B* T3 q4 F$ K. X
4 u* H! G9 j- D- t) pWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.) _8 m* g4 _% ?( o% f/ `( T# Q/ R
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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* X# H9 [1 \/ r' ?+ v* kPROFIT -- an archaic word no longer in use.! ?5 C' K- N$ v$ Y. b: v9 T9 S7 B
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
5 y& P+ T5 {# N' ?With Fannie Mae, you would have $2.50 left of the original $1,000.' X1 b' R7 I7 l) \; L: g
With AIG, you would have less than $15 left.
8 Y: Z F( W6 o! EBut, 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 $214 cash.
' j' c( K [3 B B0 iBased on the above, the best current investment advice is to drink heavily and recycle.5 X1 Z( {5 }" q( y/ r4 S% }3 A2 q
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/ w' ^) O: d% w% s: @What is the difference between a Wall Street Stockbroker and a pigeon? 3 F$ x I9 [& s1 r5 b% Q$ Q- j( a
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A pigeon can still make a deposit on a Mercedes.
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" d, p4 Y) Q8 }+ ^9 c7 y# h! aPoliticians and diapers have one thing in common... e3 J6 `% H, C- f
$ |5 c3 o" {$ q& n- b' F' a ...they should both be changed regularly and for the same reason. |
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