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Forget the rally - stocks pummeled
CNN ^ | 3/5/09 | staff

Posted on 03/05/2009 9:40:35 AM PST by pissant

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Obama must have spoken this AM somewhere. Kinda like predicting snowstorms based on Algore's itinerary....
1 posted on 03/05/2009 9:40:35 AM PST by pissant
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To: pissant

OBAMA'S FAULT!!!


2 posted on 03/05/2009 9:41:27 AM PST by prismsinc (A.K.A. "The Terminator"!)
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To: pissant

This is no BS. At about 12:26 P.M. EST I looked up and the Dow Jones flashed on my screen. The value? 6,666.60 No Kidding!!!

Sounds like a very bad remake of “The Omen”. Do not know how much more of this ‘Change’ thingy I can take!


3 posted on 03/05/2009 9:42:18 AM PST by TCats
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To: pissant

Frankly, anyone who thought yesterday’s “rally” was a new bull market, based on NO fundamental change in the state of the world economy, shouldn’t let themselves get anywhere near the market.

It was probably mostly short covering, but I harbor the hope that more than a few Obambi stooges heard the Messiah’s words and rushed into the market and got their clocks cleaned.


4 posted on 03/05/2009 9:43:21 AM PST by Nervous Tick (Party? I don't have one anymore.)
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To: TCats

Or America.

Watch for the GOP to gain 90 seats in 2010 in the House.

If we play smart (which is admittedly doubtful) we can beat Obama handily in 2012.

However...if we’re in Great Depression v. 2.0, will it matter?


5 posted on 03/05/2009 9:43:49 AM PST by RockinRight (How do you like your Savior now, libs? Looks like Jimmy Carter is no longer the worst President...)
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To: pissant

Sounds like all this “change” from Obama was the shares of CitiCorp stock


6 posted on 03/05/2009 9:44:15 AM PST by UCFRoadWarrior (The Biggest Threat To American Soverignty Is Rampant Economic Anti-Americanism)
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To: Nervous Tick

All I assumed was it was a bear market rally. Definitely not the start of a bull market.


7 posted on 03/05/2009 9:44:16 AM PST by RockinRight (How do you like your Savior now, libs? Looks like Jimmy Carter is no longer the worst President...)
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To: pissant
Obama says “Buy”... Investors say “Bye”.
8 posted on 03/05/2009 9:44:34 AM PST by 444Flyer (Don't beLIEve Obama.............................Never give up, never give in, never give out!)
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To: RockinRight

Never happen. Republican party is too stupid. Voters are too stupid. 5 or 10 max.


9 posted on 03/05/2009 9:45:17 AM PST by wny
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To: TCats
GM needs 31 Billion NOW!!!!!!!! or not Chapter 11 but threatens Chapter 7. I say Do it. Maybe we can get some of our Grandchildren's money back.

In Miami ( of course not opened to press , Zero will promise UAW the money.

10 posted on 03/05/2009 9:45:18 AM PST by scooby321
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To: wny

But voters are stupid/fickle both ways.


11 posted on 03/05/2009 9:46:52 AM PST by RockinRight (How do you like your Savior now, libs? Looks like Jimmy Carter is no longer the worst President...)
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To: RockinRight

>> All I assumed was it was a bear market rally.

You probably day trade and make money at it, eh? This sort of activity can be good for you guys, if you know what you’re doing.


12 posted on 03/05/2009 9:47:50 AM PST by Nervous Tick (Party? I don't have one anymore.)
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To: pissant

Welcome to Obamanomics.


13 posted on 03/05/2009 9:47:55 AM PST by Army Air Corps (Four fried chickens and a coke)
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To: TCats

In the 1938 off-year elections, Democrats lost 81 House seats, 51 of them in the industrial belt from Pennsylvania and Upstate New York west to the Upper Midwest. The Democratic governors of Michigan and Ohio were defeated for re-election. The congressional district that included Flint, Mich., site of the first sit-in strike, went from Democratic to Republican; so did most congressional districts in Ohio.


14 posted on 03/05/2009 9:48:46 AM PST by scooby321
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To: pissant

But Obi told us to buy!!!!


15 posted on 03/05/2009 9:48:48 AM PST by VanDeKoik (Conservatives see untapped potential. Liberals see Tapped-out hopelessness.)
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To: RockinRight
“However...if we’re in Great Depression v. 2.0, will it matter?”

That is the conundrum isn't it? In order to get rid of these people we have to destroy the system. Kind of like bombing Al Queda who are in the middle of a bunch of civilians.

I guess I would say the greater good has to be served but I wouldn't enjoy it. Nope, not one bit.

16 posted on 03/05/2009 9:49:51 AM PST by TCats
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To: pissant

Remember...Obama is not concerned with daily gyrations in the market! I wonder if a 1000 point gyration would wake Bozo up?


17 posted on 03/05/2009 9:54:07 AM PST by AngelesCrestHighway
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To: AngelesCrestHighway

DOW 3000 by mid April.


18 posted on 03/05/2009 9:56:51 AM PST by Evil Slayer (Onward, Christian soldiers, marching as to war)
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To: 444Flyer
Obama says “Buy”... Investors say “Bye

Sorry, but that's too good to pass up. Can I use it for a tagline?

19 posted on 03/05/2009 9:57:08 AM PST by bcsco (Illinois politicians should be read their Miranda rights when sworn in to office...)
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To: TCats; RockinRight

A lot of people forget how the world ultimately got out of the great depression.

My biggest concerns about this whole thing are not economic.


20 posted on 03/05/2009 9:57:48 AM PST by RobRoy
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