Are we tumbling?

[mspin]

From another thread.. 10 mil sale of fund.com. I think that may help answer the question of what direction the domain industry is going. GLTA

http://money.cnn.com/news/newsfeeds/...re/0373359.htm

[hugegrowth]

yeah, biggest domain sale ever in the midst of an economic slowdown / recession looks good for domains.

[DomainName]

NBER (National Bureau of Economic Research) has a more specific definition:
A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Want an even better picture? Take a look at the charts of Coach, Home Depot, Lowes etc....

Lennar & KBHomes Charts tell a better picture...espcially the 5 yr charts

[tas38]

The real problem is oil prices, it has made everything go up in price. Bush is sending his side kick dick, to talk to OPEC to get the price of oil lower that should really help ( YA RIGHT ). I think OPEC is using oil as a weapon, to bring down our markets so it's a matter of can they do it.

Or can we stop them before they do it, we are now at $110 per barrel past the magic $100 number. The driving season is coming up and high oil prices, are going to kill that so that would hurt very bad. We went from $28 per barrel when bush took office, to $110 and rising and our political leaders just left it happen. And still are just letting it happen, they need to TAX big oil to death and take control of oil prices.

We need to move and stop buying any import oil, over the next term of whoever takes the white house. We import 30% of our oil but yet the price is up 100%, of what OPEC is getting. But yet it should only go up by 30% of that price, they claim they need it to find new oil when we got coal. That can easy make up that 30% import oil, supply is up and less demand yet it keeps going up.

This winter heating season was mild with only short cold spells, we had cut oil usage as well. Bio fuels have been put into the fuel supply, and coal usage has picked up as well as we use just over 50%, of coal to power power plants and it keeps going up. But yet oil prices keep going up, and big oil keep breaking all kinds of profit records every year. Our dollar keeps going down, and the euro keeps going up more and more.

Natural gas usage keeps going up as well, if you remember this start with kirtana. All before that OPEC they had all the oil needed, to supply it with out any problems now that has changed. Iraq is now only pumping 1/2 of what it was, before we took over and handed over to big oil. I'm wondering where the peoples out crying is, because with out that big our cry by the people it will not stop.

[NetworkMsia]

Just keep on thinking positive, Keep on working hard, If Funds.com can make the biggest sale in domaining history this year, We can do it too.

[hugegrowth]

I think the more they try to bail out the banks and mortgages, like they did yesterday, the harder the economy is going to fall. They can only patch and bandage things so much before it all falls apart. Don't know what will really happen, but that's the feeling I get when I see all the world's central banks pumping money into the retail banks.

[Poker]

yep, gotta love guys like Larry Kudlow on cnbc who say every day how they believe in free market economies then in the same breath announce that the Fed needs to keep cutting rates....he is one of the top 10 financial idiots on tv today

All of these liquidity infusions could easily lead to inflation, they are just creating a brand new problem as they try to fix the present one, when they should just leave the markets alone so that they can correct themselves.