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Woohoo. DOW breaks 9000 - in the wrong direction
CNN | 10/9/08 | staff

Posted on 10/09/2008 12:05:59 PM PDT by pissant

8995. Wow, I'm impressed how well socialism has helped the markets.


TOPICS: Business/Economy
KEYWORDS: 2008; bailout; bankinglist; communism; democrats; economy; financelist; moneylist; nobam08; obamaeffect; socialism; stocks; yetanothervanity
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To: hedgetrimmer

Yep. I’m still trying to figure out why he and Bernanke are still in.


181 posted on 10/09/2008 12:51:19 PM PDT by jersey117
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To: divine_moment_of_facts
This is the Dems October Surprise.. and I'm usually not a conspiracy theorist.

No...this is the Credit Default Swap market rolling over what was left of our economy.

Understand it for what it is....and it's dangerous.

Get your family prepared with cash on hand and food for at least a month. Do it now.

182 posted on 10/09/2008 12:51:24 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: politicket

Down 650. Amazing!


183 posted on 10/09/2008 12:51:25 PM PDT by philsfan24
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To: Travis T. OJustice; Petronski; Lazamataz

Looks like “loader” is still open, if Peronski wants it.


184 posted on 10/09/2008 12:51:37 PM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: pissant

I wonder if we’ll be done 1200 points by the end of this day.


185 posted on 10/09/2008 12:51:47 PM PDT by divine_moment_of_facts ( "The carnage of the free love generation has come home to roost.")
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To: RobRoy

It’s at 8616 now...


186 posted on 10/09/2008 12:51:50 PM PDT by GOPJ (Derivative traders HAVE MADE MORE MONEY THAN EXISTS - Bailouts & rate cuts to ZERO won't work.)
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To: pissant
Speaking of socialists, here's the republican version:


187 posted on 10/09/2008 12:52:24 PM PDT by TADSLOS (Elvis/Big Bopper 08! Blue Suede Shoes For All Americans!)
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To: swarthyguy
Admit it, you’re just looking forward to the skimpy costumes of the post acopalyse.

If no one can afford clothes, I guess I'll be forced to live among half-naked women.

Damn.

188 posted on 10/09/2008 12:52:27 PM PDT by Lazamataz (Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
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To: hedgetrimmer

The post I replied to had nothing to do with Paulson, the bailout, or the Dow. It had to do with the brainwashed idiots praising Obama. Their brainwashing is a result of an intentionally-warped education system.


189 posted on 10/09/2008 12:52:45 PM PDT by Terpfen (To all you knee-jerkers: remember Rick Santorum.)
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To: philsfan24
Down 650. Amazing!

This trading day can't end soon enough...

190 posted on 10/09/2008 12:52:57 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: pissant

8595 now. Horrid. Golbal markets collapsed today. Trillions and trillions of $$ just evaporated. Globally. Damn I wish I had bought gold.


191 posted on 10/09/2008 12:52:59 PM PDT by Danae (Read my Lipstick: I AM Sarah Palin)
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To: divine_moment_of_facts

Not enough time to lose 1200.

Sitting pretty at -644 and dropping though


192 posted on 10/09/2008 12:53:00 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: Niteranger68

Do you remember the weeks long drama in 2000 over florida - how the market reacted to the daily news?

I remember when events swayed in Gore’s favor the market went down.

The market responded well to Bush’s win.


193 posted on 10/09/2008 12:53:01 PM PDT by Scotswife
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To: ArrogantBustard

Who’s driver? Who’s TC?


194 posted on 10/09/2008 12:53:17 PM PDT by Lazamataz (Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
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To: divine_moment_of_facts

If the day had another half hour we probably would be.


195 posted on 10/09/2008 12:53:26 PM PDT by philsfan24
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To: divine_moment_of_facts

I sincerely believe that it started that way. However, I think they just wanted to nudge the boulder a bit to the left. Not send it careening down the hill towards the village and bringing the rest of the mountain with it.

In spite of my tagline, I’m having a real hard time dealing with the pit in my stomach, the lump in my throat, the sweaty palms, and the tears in my eyes. And its not about the money.


196 posted on 10/09/2008 12:53:26 PM PDT by 21twelve (Ever Vigilant, Never Fearful)
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To: politicket

I hear you my FR.. Truly frightening times.


197 posted on 10/09/2008 12:53:29 PM PDT by divine_moment_of_facts ( "The carnage of the free love generation has come home to roost.")
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To: Lazamataz

half-naked zombie women...with chain saws.


198 posted on 10/09/2008 12:53:51 PM PDT by TADSLOS (Elvis/Big Bopper 08! Blue Suede Shoes For All Americans!)
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To: GOPJ

A little support at -660. First real reversal I’ve seen.


199 posted on 10/09/2008 12:54:01 PM PDT by TheRiverNile
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To: darkwing104
Unfortunately for Wall Street, this blood bath isn't going to do much to make investors WANT to jump back in it ever again!

I'm riding this Tsunami and hoping I won't lose it ALL. But when it gets back to what where I was "comfortable" with my portfolio, I'm OUT OF THERE!

No more!

sw

200 posted on 10/09/2008 12:54:01 PM PDT by spectre (Spectre's wife (Is He "that one"?)
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