Q. Whats the difference between a pigeon and a Wall Street Investment Banker?
A. A pigeon can still put a deposit
on a Ferrari !
Q. Whats the Capital of Iceland?
A. 5 Euro !
New
Stock Market Terms:
CEO --Chief Embezzlement Officer.
CFO-- Corporate Fraud Officer.
BULL MARKET -- A random market movement causing an investor
to mistake
himself for a financial genius.
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.
VALUE INVESTING -- The art of buying low and selling lower.
P/E RATIO -- The percentage of investors wetting their
pants as the market keeps crashing.
BROKER
-- What my broker has made me.
STANDARD & POOR -- Your life in a nutshell.
STOCK ANALYST -- Idiot
who just downgraded your stock.
STOCK SPLIT -- When your ex-wife and her lawyer split your
assets equally
between themselves.
FINANCIAL PLANNER -- A guy whose phone has been
disconnected.
MARKET CORRECTION
-- The day after you buy stocks.
CASH FLOW-- The movement your money makes as it disappears
down the toilet.
YAHOO -- What you yell after selling it to some poor sucker
for $240 per share.
WINDOWS 2000 -- What
you jump out of when you're the
sucker who bought Yahoo @ $240 per share
INSTITUTIONAL INVESTOR -- Past
year investor who's now
locked up in a nuthouse.
PROFIT -- an archaic word no longer in use
You'd think people would have been reluctant to invest their money with a chap called Madoff. He certainly MADeOFF
with their money !!!
Todays Stock Market:
Helium
was up.
Feathers were down.
Paper was stationary.
Fluorescent tubing was dimmed in light trading.
Knives
were up sharply.
Pencils lost a few points.
Hiking equipment was trailing.
Elevators rose, while escalators
continued their slow decline.
Weights were up in heavy trading.
Light switches were off.
Mining equipment
hit a rock bottom.
Diapers remained unchanged.
The market for raisins dried up.
Coca Cola fizzled.
Caterpillar
stock inched up a bit.
Sun peaked at midday.
Balloon prices were inflated.
And . . .
Tissue touched a
new 'bottom'!
I went to the ATM machine at my local bank the other day.
It said "Insufficient Funds".
I thought, Is that me or the bank? !!!