Friday, October 17, 2008

NEW definitions in the stock market

• BULL MARKET: A random market movement causing an investor to mistake himself for some kind of financial genius.

• BEAR MARKET: A six to 18-month period when the kids get no allowance, the wife gets no jewellery, and the husband gets no cuddles.

• 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: What you jump out of when you're the sucker who bought Yahoo @ $240 per share.

• UPTREND: The stock before you buy it.

• DOWNTREND: Immediately after you bought.

• INSTITUTIONAL INVESTOR: Past year investor who's now locked up in a nuthouse.

• PROFIT: An archaic word no longer in use.

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