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 New Stock Market Terms:
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; S" }8 A7 ^2 c! _" ^% @' PCEO -- Chief Embezzlement Officer. 7 v7 C' K1 L2 T' c0 n5 G' ^
CFO -- Corporate Fraud Officer. * [5 |3 e# n4 W2 Y
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 4 G/ A, j# K) \3 l! Y) d- M: O
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. , I1 o( F& U* Z. p+ g* w7 T
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. A6 j7 R: B( L' R6 N1 q1 _
% v6 d8 M2 o2 T9 m- T' Z, b8 FBROKER -- What my broker has made me.
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STANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.1 H$ h' B s9 m% }
$ S6 {6 A5 I- l; iSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 8 k% Z3 I8 r( w& M3 w* W9 ~
: \. |$ j D7 D1 ]% RFINANCIAL PLANNER -- A guy whose phone has been disconnected. 7 F8 H* X& I6 a& f3 t
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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. - c: u9 O1 V, q$ Y
3 E) {2 U4 g+ y6 SYAHOO -- What you yell after selling it to some poor sucker for $240 per share. 2 K' O) z1 U2 A( v+ e1 a& B7 _1 G3 K
1 j B% S) ~" e u- A6 \6 QWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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8 F3 n( y% q, S/ \PROFIT -- an archaic word no longer in use.8 }) t% w0 P ] v) s
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$ i. _9 ^2 z" Q! A/ o- w dIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.. o3 D) r; O+ ?8 @* _
With Fannie Mae, you would have $2.50 left of the original $1,000.: j0 I* O7 c0 d
With AIG, you would have less than $15 left.
/ f" b1 t( c, [: jBut, 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 $214 cash.
4 [0 N$ K6 V" v4 f) W( ]% b7 WBased on the above, the best current investment advice is to drink heavily and recycle.( R: s) k. F4 @& F3 C
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What is the difference between a Wall Street Stockbroker and a pigeon?
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! @ @; D$ P% o1 W7 ~. o) u A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common...
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...they should both be changed regularly and for the same reason. |
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