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 New Stock Market Terms:7 A: ]% ~( b' o* Q6 N) A" N
; [" n% G4 D6 ?" ?CEO -- Chief Embezzlement Officer. 3 _- }& V( r1 q3 H4 T
CFO -- Corporate Fraud Officer. & Y8 i7 ~( x/ K/ J2 e
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
* z$ s* C9 T2 S6 \0 RBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. 6 H! B" }: \6 G+ \2 D/ L
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VALUE INVESTING -- The art of buying low and selling lower.
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* g! k# J4 h$ p' ^; D6 nP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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BROKER -- What my broker has made me. - \1 j- ? b9 z4 c9 B G
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STANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.
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STOCK 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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- O' |! l8 v. B7 o& z0 @2 s) bMARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet. " _: y; `5 v- l5 k1 M
# A. @3 J% f4 n5 _2 c: Z M% JYAHOO -- What you yell after selling it to some poor sucker for $240 per share. 3 M1 r( O+ h/ y* x
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share." q/ G4 I+ h2 |+ b6 h
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. , D1 ?6 v/ `! y
' a" d, _5 h3 w$ k5 N+ {# fPROFIT -- an archaic word no longer in use.
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
! x4 }# m; y% c, }With Fannie Mae, you would have $2.50 left of the original $1,000.& m2 H0 H* s0 ^1 W
With AIG, you would have less than $15 left.
( ]$ w5 _- u# |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 $214 cash. 1 ^+ v, Q3 {* U1 D
Based on the above, the best current investment advice is to drink heavily and recycle.( s4 M& i5 x% N! J. ] f* [) u4 u
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What is the difference between a Wall Street Stockbroker and a pigeon?
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9 Z, v1 O) h3 |9 R$ e4 R A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common... : N$ R8 t/ `0 ^7 _( L, {2 R9 S) r
* O' i- |3 K {0 a" }8 i# I ...they should both be changed regularly and for the same reason. |
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