Yuck

Discussion in 'Stock Market' started by DavidS, Apr 20, 2009.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    Down almost 300 at 3:00 p.m.

    http://finance.yahoo.com/q?s=^DJI
     
  2. driveby
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    driveby Gold Member

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    Ok, do we get a speech from the president today stating that it's not clear the stimulus plan is working ? ...... :eusa_whistle:
     
  3. wimpy77
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    wimpy77 Member

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    im not even gonna respond to the above post. the market is due for a pullback. doug kass wrote to his clients that he think the pullback is gonna be 5 to 7% over the next two weeks. BAC while they made a profit had to write down because of credit card defaults. this is to be expected since the unemployment rate is going up. besides who didn't think this market wasn't ready for a corrective pullback?
     
  4. driveby
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    driveby Gold Member

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    Oh, so when it goes up, the stimulus is working ! When it goes down, it's due for a pullback.... :lol:
     
  5. wimpy77
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    wimpy77 Member

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    i have never said a damn thing about the fucking stimulus you complete fucking retard.
     
  6. driveby
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    driveby Gold Member

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    Your President did, clown ......
     
  7. WorldAHope
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    WorldAHope Ready to Rock n' Roll

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    It has nothing to do with Stimulus or Obama policies. The Stim money has yet to be disbursed, is not in circulation, yet. The market is reflecting pre-existing to Obama's term weaknesses and worries.

    The seeds have to sprout and grow and come to fruition before you are allowed to declare the crop to be a failure.
    Anyone who knows anything about the real world will tell you that.
     
  8. Yukon
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    Yukon BANNED

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    I can hardly wait til interest rates take off as they did in the early 80's. Ill be rich...........
     
  9. driveby
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    driveby Gold Member

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    See post 6 .....
     
  10. DavidS
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    DavidS Anti-Tea Party Member

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    State governors have to actually implement the stimulus in order for it to work. Obama's approved the money - the states have to fund projects that are open. They're taking their sweet time doing it too. Especially the Republican ones.
     

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