Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.

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A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.

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I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.

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The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is.

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I'm involved in the stock market, which is fun and, sometimes, very painful.

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Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won't see until the bear market comes.

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We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

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I think the market is always going to be around. The goal is not to say, let's get rid of the market, because the market does render a huge number of services, and I don't want to have a fight about the price of something every time I buy a book or a bottle of water.

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I have never for a minute felt in was my stock picking abilities. I feel that my stock picking abilities aided- I was able to pick out which are the good stocks in the good market, but I have been blessed with a great market.

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The American public historically was really not part of the stock market.

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So it was flawed in that it didn't require California to have a first claim on the power plants. It deregulated part of the market, but not all of the market.

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In The Market Of Ideas...

in the market there are good apples,
luscious ones and we buy them and we do not regret
the money that we part with,

there are rotten ones, who buys them must be fools

ditto with our creations,
we think what we make are the best
in the market of ideas
we rely on the proof of the goodness when others begin to buy
what we display

we think they are best
but look at the flies, look at the the emptiness of the market place
smell the stink,

then we decide not to display at all
we keep what we make as our own
after all, it is ours, and we protect them in our homes
not for sale
but for domestic consumption

we do not wish to compete
we are home now and then we are happier this way.

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If stock market experts were so expert, they would be buying stock, not selling advice.

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Edgar Degas

It seems to me that today if the artist wishes to be serious — to cut out a little original niche for himself, or at least preserve his own innocence of personality — he must once more sink himself in solitude. There are too much talk and gossip; pictures are apparently made, like stock-market prices, by competition of people eager for profit; in order to do anything at all we need (so to speak) the wit and ideas of our neighbors as much as the businessmen need the funds of others to win on the market. All this traffic sharpens our intelligence and falsifies our judgment.

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Stock watching

I speculated two scripts to rise
In the stock market today.
One went up and fed my pride
And the other slid down
Giving me relief
That I hadn’t bought it.
Stock watching is interesting.
16.11.2006

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Food Left To Rot

market price
market fixed
market profit

not worth picking
costs more picking
than sold price paid

never fruit picked
never taste eaten
never starving fed

global waste sickening


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One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

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Oh Mr. Bernanke!

Oh Mr. Bernanke
Are we going to have that Rate-cut today?
Aha, you are the candy-man
Could wave your wand
Make the dying Market stand.

Ah, but it ain’t working anymore
The Market is a falling man
Oh Mr. Bernanke
You wave your wand
But it’s fallen over the stands!

Oh Mr. Bernanke
Swayed the Market just your own way!
But banks aren’t making money
The cuts to them are one too many
Candy-man, the Market won’t stand!

Got my only heifer and sacrificed
At the altar of Dow and Nasdaq, paid a high price
The Dow, oh it fell through the Year’s low
Now here I come, Candy-man
Look through your store
We need something more!

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Historically, there has been a bull market in commodities every 20 or 30 years.

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I have invested in the stock market since I was very young.

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