Open Thread
You asked for it, you got it. Here’s your open thread for the day, where you are welcome to talk about anything you want. Let’s still try to keep it PG-13 and as polite as possible. This should be interesting!


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  1. I posted this in another thread, but I am interested in someone’s answer, if they know – those Google satellite maps are amazing. I could spend hours looking at different streets all over everywhere. Did they just do this in NY and other major cities, or do they have sat maps for the entire world? What an undertaking. I’m in awe.

    When did they do this, anyway?

    Hey, it’s an off topic thread, why not?

  2. So 6 months after the market bottoms, but when do we know if the market * has * bottomed? And don’t you think that this 1st quarter is going to be a big downer with the suggested job losses that may be comming? Or is that a good thing – market wise – in that companies will be stronger financially after the ‘blood-letting’ is over?

    I’m in for the long haul. It’s the short term job market that I’m worried out about! [It’s all about me, of course!]

  3. There were a lot of red flags about Madoff. Barron’s wrote about it on May 7, 2001. One of my colleagues took a cursory look at it for one of her clients and said no way. The returns he showed were too good to be true. Luckily her client took her advice.

    Anyone that puts ALL of their money in one investment is completely foolish.

  4. The market typically bottoms 6 months before the economy does. Nothing is typical about this so knowing anything with any degree of certainty is difficult. It’s all about when people collectively (the market) feel a bit more comfortable about taking on more risk. They will be big sellers of Treasuries and buyers of equities, especially riskier ones like emerging markets. This trade is not for the faint of heart but if you’re invested for the longer term stay put.

  5. What,

    I just can’t believe how many people put their eggs in Madoff’s basket. And then in the Daily News yesterday – did you see the older couple that lost A MILLION dollars. Their life savings/retirement money.

    Drier is just a LOON. I think HE went off his meds.

    Re: Mets – from your lips to G*d’s ears! The Mets HAVE to do better next year. I mean at least get into the playoffs!

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