Will idiots ever stop the doom and gloom speculating?
B. Frank blaming house GOP for bill not going through..do these people ever look in the mirror?? I hate the fact that the masses think the private sector is all to blame..government getting a pass and now can’t wait to jump on the bandwagon to more authority
Waiting for Bush to make a statement.
Now what’s he gonna say?
SAY NO TO WALL STREET EXTORTION - SAY NO TO ACORN !
Yes, that flat line is the true graphic. Check any of the financial web sites - they’re all showing the same flat line. What’s going on? Is the volume too heavy?
When Black Friday comes
I’ll stand down by the door
And catch the grey men when they
Dive from the fourteenth floor
When Black Friday comes
I’ll collect everything I’m owed
And before my friends find out
I’ll be on the road
When Black Friday falls you know it’s got to be
Don’t let it fall on me
When Black Friday comes
I’ll fly down to Muswellbrook
Gonna strike all the big red words
From my little black book
Gonna do just what I please
Gonna wear no socks and shoes
With nothing to do but feed
All the kangaroos
When Black Friday comes I’ll be on that hill
You know I will
When Black Friday comes
I’m gonna dig myself a hole
Gonna lay down in it ‘til
I satisfy my soul
Gonna let the world pass by me
The Archbishop’s gonna sanctify me
And if he don’t come across
I’m gonna let it roll
When Black Friday comes
I’m gonna stake my claim
I’ll guess I’ll change my name
I think I will go play golf today......
If we hold strong the other world markets wil lose out. The money will flow to the USA> Hold on house repubs. Let the markets correct.
Works for me! Let it free-fall. We need to lose 5,000 points to equal The Great Depression...someone isn’t trying hard enough! Keep the panic going! Urge people to jump off of high buildings or shoot themselves.
Yeesh.
Gold: UP +11.80 for $887.60/oz.
Silver: UP +.11 cents for $13.30/oz.
Mama like! : )
Looks like the markets are waiting to see what happens in Congress. Hardly Black Friday at this point.
Looks like the markets are waiting to see what happens in Congress. Hardly Black Friday at this point.
Any good deal on PC’s and 50” LCD TV’s?
Oops! wrong Black Friday
Maybe the market is a bit bigger than the media’s attempts to squash it for Obama.
I doubt it. My guess is what you're seeing right now are the lemmings who heard the bailout deal fell through so they placed after-hours sell orders. My bet: the market will drop like a stone for the first hour, probably touching -200 and then settle down. The days will likely end up down, but no where near -500.
CNBC is really slamming McCain this morning. They seem to think the bailout is a no brainer and McCain and the house republicans are holding it up over politics.
Black Friday, oh please.
If this were a real disaster, traders would sell immediately REGARDLESS of what the government was planning to do.
The fact they’re WAITING proves beyond the shadow of a doubt that there is no impending doom here.
We have seen some failed financial institutions hit the news wire after markets close on Friday. This follows with news at the end of the weekend that the government is handling the issue.
I believe that the reason such urgency is getting pushed by the President is because several financial institutions are going to be announced after markets close today. The government would like the bailout money to be available to handle all those institutions this weekend.
But, this isn’t even the big issue. The truth is that the market can work itself out. It can let bad businesses fail and correct the market bubble. The big issue is threat of Americans in some areas or all areas of the country to overreact to all of the failure news and make a run on the banks and the gas stations after the news hits the wire.
It is that potential overreaction that the market cannot control. In other words, it is very easy to make this a depression rather than just a recession.
HELLO: To all you who know the world is coming to an abrupt end take note. IF that is so, it will not matter what you own. As you sell your stocks, bonds and sanity remember a greater fool than you bought them. In five years he will be your landlord and as you pawned your future away.