The Dow goes up 497 points

[Truthmatters]

Why?

 

[xsited1]

Why?

Because the American Taxpayer (that's you and me) is pumping trillions into the banking industry. Thanks Obama!

 

[Truthmatters]

It just closed up over 500.


Yeah it would be horrible if the stimulus and bailout worked huh?

then you party would truely have nothing.

 

[driveby]

Bear Rally .....

 

[xsited1]

It just closed up over 500.


Yeah it would be horrible if the stimulus and bailout worked huh?

then you party would truely have nothing.

Just make sure you tell your kids to tell their kids to tell their kids that they'll all be paying for this.

 

[Chris]

I know the Republicans are disappointed.

 

[Maple]

Yes, and I am betting that it will go down about 1,000 points tomorrow, when they figure out that private investors are not going to invest when the government writes the rules, this ain't over yet. I hope I am wrong for the benefit of all of us, but I sure can't get my hopes up with this liberal, socialistic President and congress.

 

[manu1959]

Why?

private money......

 

[ABikerSailor]

Tell ya what........in the next 2 weeks, I'd be willing to bet that the Dow goes up over 8,000. Many of the economic people on the news today have been saying that one reason is because of the banks getting rid of their toxic assets.

Kinda like a bee sting actually. Once you remove the stinger (toxic assets), the swelling goes down quickly and you start to recover. Until then? Hurts like hell.

 

[xsited1]

Tell ya what........in the next 2 weeks, I'd be willing to bet that the Dow goes up over 8,000. Many of the economic people on the news today have been saying that one reason is because of the banks getting rid of their toxic assets.

Kinda like a bee sting actually. Once you remove the stinger (toxic assets), the swelling goes down quickly and you start to recover. Until then? Hurts like hell.

Correction: It will continue to hurt like hell for years to come because we are paying for it.

 

[wimpy77]

Why?

there is uncertainy has been taken of the market. they were waiting for a plan to get rid toxic assets. they got it, now there could be one problem. banks might not be willing sell them especially if mark to market is parred back.

 

[Annie]

Why?

private money......

That and the existing home sales up, significantly.

 

[Chris]

Yes, and I am betting that it will go down about 1,000 points tomorrow, when they figure out that private investors are not going to invest when the government writes the rules, this ain't over yet. I hope I am wrong for the benefit of all of us, but I sure can't get my hopes up with this liberal, socialistic President and congress.

Get over it.

Bailing out the banks helps all of us, as much as we hate to do it.

Now we need to re-regulate the markets, so this does not happen again.

 

[Chris]

It just closed up over 500.


Yeah it would be horrible if the stimulus and bailout worked huh?

then you party would truely have nothing.

 

[mash107]

INO Equities Stocks Indexes - U.S $ INDEX (NYBOTX) Price Chart and Quote

Wall Street gains, the Dollar and the American people lose.

It's apparent Obama and Bernanke made clear who they favor... (hint: it's not us)

 

[raceright]

Tell ya what........in the next 2 weeks, I'd be willing to bet that the Dow goes up over 8,000. Many of the economic people on the news today have been saying that one reason is because of the banks getting rid of their toxic assets.

Kinda like a bee sting actually. Once you remove the stinger (toxic assets), the swelling goes down quickly and you start to recover. Until then? Hurts like hell.

Guess who is going to buy the Toxic assets..Hint it ain't the poor.
But there going to make Obama squirm a bit first some very pissed at being considered evil rich.

 

[Chris]

INO Equities Stocks Indexes - U.S $ INDEX (NYBOTX) Price Chart and Quote

Wall Street gains, the Dollar and the American people lose.

It's apparent Obama and Bernanke made clear who they favor... (hint: it's not us)

The American people made their choice in November.

I'll call you a whaambulance.

 

[Toro]

Because

- Obama said he'd oppose the 90% tax
- The government detailed its banking plan
- Housing data was better than expected
- Shorts are covering and running to the hills.
- the double and triple moving ETFs bought at the end of the day to cover their positions.

 

[FactFinder]

Because

- Obama said he'd oppose the 90% tax
- The government detailed its banking plan
- Housing data was better than expected
- Shorts are covering and running to the hills.
- the double and triple moving ETFs bought at the end of the day to cover their positions.

Fiat money. An illusion.

 

[ABikerSailor]

Wonder if the Limbidiot still wants Obama to fail, and if so, what's he gonna do now?