Stock market up and down.

Discussion in 'Economy' started by Charles_Main, Sep 19, 2008.

  1. Charles_Main
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    Charles_Main AR15 Owner

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    The Dow Dropped 1000 points in 2 days, and the Press was all over it. Talking doom and gloom.

    Now in the last 2 days so far it is back up 700 Points, and the press is silent on it.

    I guess the ups do not help their guy Obama as much as the downs.
     
  2. gonegolfin
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    gonegolfin Member

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    This is what you get when you have heavy-handed government intervention in supposedly free markets. This is socialism at its worst. Make no mistake, our financial system is in serious trouble and is now being back-stopped by the taxpayer.

    It should not be a surprise to any that the markets have behaved exactly the way they did Monday -> Thursday, and then today. I covered the reasons in several posts on this forum.

    Brian
     
  3. Charles_Main
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    Charles_Main AR15 Owner

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    Absolutely.

    To the tune of 1 trillion dollars. This is nothing but delaying the inevitable. However that does not change my point that some in the press seem to only want to report when the markets are dropping, and ignore when they are going up.
     
  4. Care4all
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    Care4all Warrior Princess Supporting Member

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    today i was hearing it might be as high as $1.5 trillion
     
  5. dilloduck
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    dilloduck Diamond Member

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    is that more than a thousand ? :lol:
     
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  6. gonegolfin
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    gonegolfin Member

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    Maybe you have not watched much of BubbleVision over the years?

    Brian
     
  7. editec
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    editec Mr. Forgot-it-All

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    It's not silent, what are you talking about?

    I listen to the news all day long.

    Believe me, the press is falling all over itself to tell us that happy days are here again, right now on three networks.

    You know which one isn't singing the hap-hap-happy song? Fox news.

    They're still ventilating about the fact that the banks got bailed out.

    Good for them.

    Everyone is holding their breath now to see what "THE PLAN" is that the treasury and Fed are going to come up with on Monday.

    The stock market is now only an indicator of American investors' hopse and fears.

    The market has no idea what it's doing because it no longer knows what the rules of the game are, and it won't know whether to shit or go blind until they know what "THE PLAN" is.
     
  8. gonegolfin
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    gonegolfin Member

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    Indeed.

    Yes, I know that Cavuto is not a big fan of what has been happening. There was a lot of unease on Fox last night when our "leaders" took the stage to break the news.

    I will give credit to BubbleVision's Mark Haines this morning when he was giving Cramer (the ultimate socialist) a hard time on the bailout and how any bailout was unfair to taxpayers.

    Brian
     
  9. rachelluetle
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    rachelluetle Member

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    Oh this is some real BULL-SHIT, when you are not financially stable you FAIL, that is the whole idea of America. Tell the f'n stock companies to DIE, and stay out of my pocket!
     
  10. rachelluetle
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    rachelluetle Member

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    Oh this is some real BULL-SHIT, when you are not financially stable you FAIL, that is the whole idea of America. Tell the f'n stock companies to DIE, and stay out of my pocket!!!
     

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