Market closes up 420

[8537]

Your a fucking idiot.

lol

 

[rightwinger]

Did you see how he banned the press from that? You libs OK with that, or was that just a Booooooosh thing?

Absolutely

So that whole tired leftist "let the press in to snap a few coffin pics" no longer applies?

Why does the right have such a problem with the concept that banning all pictures, all the time is not the same as banning them occasionally when appropriate?

Must be great living in such a simplistic world

Either way....it was the Pentagons policy

 

[Dr.House]

Absolutely

So that whole tired leftist "let the press in to snap a few coffin pics" no longer applies?

Why does the right have such a problem with the concept that banning all pictures, all the time is not the same as banning them occasionally when appropriate?

Must be great living in such a simplistic world

So is that a "Yes" - the meme no longer applies when a D is President?

Was it OK when Boooooooooosh said it was inappropriate?

 

[rightwinger]

No

Actually, he made a speech honoring the return of our fallen heroes at Dover AFB

He made that speech yesterday.

OOOOPS????? lol

He visited Dover today

Obama attends ceremony for fallen Afghanistan troops - The Oval - USATODAY.com

 

[oreo]

Good job by Obama today....keep up the good work

Did he keep his mouth shut today?

After his speech yesterday the market plunged another 300 points--to finish on it's low of 647 DOWN.

I think "keeping his mouth" SHUT works!

 

[kaz]

Good job by Obama today....keep up the good work

Scream hysterically the sky is falling and only he can save it...check

Scare everyone most of all the elderly...check

Blame W, the Republicans, whoever...check

Evade questions why in 2 1/2 years as President he's still responsible for nothing...check

Yep, a solid days work, you're right my friend

He made the market go up 420 points today......great job

Down 600, up 400, to a Democrat that's progress...

 

[BDBoop]

Good job by Obama today....keep up the good work

I'm at work. What did I miss?

 

[uscitizen]

It was a "fake" crash in the first place.

Worked on wallstreet for 13 years.

I know crap when I see crap.

I was going to reply to the op when I saw this. I spent years in Wall Street also working for financial services firms and management consulting. I'm disappointed you learned so little in all these years. So I'll give you the real basics since you didn't learn that.

When the overall market goes down and then up, that means the average is where it was. But actually a lot happened. When it was going down, people were selling the stocks that they were nervous about, usually for good reason. When it goes back up they buy the stocks that had good perceived value that withstood the scrutiny, usually for good reason. Sure, the average is the same, but actually a lot changed and overall it was for the better. It's a big reason ups and downs are good for the market.

Turns out cleaning offices on Wall Street doesn't teach much...

You left out one important part.
And a few major players made big bucks from the whole thing.

 

[BoycottTheday]

Down 600, up 400, to a Democrat that's progress...

Oh smack i felt that from here, out of the park line drive!

 

[Mishra]

Good job by Obama today....keep up the good work

Scream hysterically the sky is falling and only he can save it...check

Scare everyone most of all the elderly...check

Blame W, the Republicans, whoever...check

Evade questions why in 2 1/2 years as President he's still responsible for nothing...check

Yep, a solid days work, you're right my friend

He made the market go up 420 points today......great job

LOL

 

[kaz]

It was a "fake" crash in the first place.

Worked on wallstreet for 13 years.

I know crap when I see crap.

I was going to reply to the op when I saw this. I spent years in Wall Street also working for financial services firms and management consulting. I'm disappointed you learned so little in all these years. So I'll give you the real basics since you didn't learn that.

When the overall market goes down and then up, that means the average is where it was. But actually a lot happened. When it was going down, people were selling the stocks that they were nervous about, usually for good reason. When it goes back up they buy the stocks that had good perceived value that withstood the scrutiny, usually for good reason. Sure, the average is the same, but actually a lot changed and overall it was for the better. It's a big reason ups and downs are good for the market.

Turns out cleaning offices on Wall Street doesn't teach much...

You left out one important part.
And a few major players made big bucks from the whole thing.

Absolutely. Wall Street likes activity, they profit from transactions. A big down day then a big up day is all up for traders profiting on transactions.

 

[rightwinger]

Scream hysterically the sky is falling and only he can save it...check

Scare everyone most of all the elderly...check

Blame W, the Republicans, whoever...check

Evade questions why in 2 1/2 years as President he's still responsible for nothing...check

Yep, a solid days work, you're right my friend

He made the market go up 420 points today......great job

Down 600, up 400, to a Democrat that's progress...

I'm with you brother...

I wish Obama would make up his mind. He makes it go up one day and down the next. I liked it better when he made it go up all the time

 

[Toro]

I was going to reply to the op when I saw this. I spent years in Wall Street also working for financial services firms and management consulting. I'm disappointed you learned so little in all these years. So I'll give you the real basics since you didn't learn that.

When the overall market goes down and then up, that means the average is where it was. But actually a lot happened. When it was going down, people were selling the stocks that they were nervous about, usually for good reason. When it goes back up they buy the stocks that had good perceived value that withstood the scrutiny, usually for good reason. Sure, the average is the same, but actually a lot changed and overall it was for the better. It's a big reason ups and downs are good for the market.

Turns out cleaning offices on Wall Street doesn't teach much...

You left out one important part.
And a few major players made big bucks from the whole thing.

Absolutely. Wall Street likes activity, they profit from transactions. A big down day then a big up day is all up for traders profiting on transactions.

Not really.

I don't know when you were last on Wall Street but most trades now bypass the Street. They are entered electronically into Dark Pools by algorithms and high frequency traders. And what's left is traded at less than a penny a share. There isn't a more commoditized product on Wall Street than trading.

Many Wall Street firms have tried to differentiate themselves by packaging trades into programs and taking principle risk. The big firms have always done principle trades, but on days like the past week, they get killed if they held any inventory overnight.