How bout a magic trick....(chuckle)
Hey look on the bright side, the day is not over yet....**sigh**
Democrat Crash of 2009
The PPT and the rest of the merry band will step in. The Dow at 8K will probably be a standard for a while :(
I predicted 7600 back on Friday.
Just the beginning...
This is a good thing. The Market has been overinflated for quite some time. Just check out the PE ratios for the S&P.
Today’s reaction is more probably tied to the severe dislocations occurring in Europe, triggered by what went on in Asia over our weekend...which was pretty dramatic. But, not to split hairs.
Markets are going to go where they have to go. They are bigger than any government effort to ringfence them. In its zeal to provide for our common welfare, government will, once again, wring every conceivable means of profitability out of capitalism. In doing so, wasteful, functionless/negative-functioning, and insider-dealing entities will have become the profit centers of the system; but only for a select few. At which point, it will make litle sense to conclude that for-profit companies will be able to generate profits anything like they once did. So, the decimation in the markets is nothing but logical. Indeed, the markets will relentlessly outwit the incompetents running the joint.
I think the DOW will drop below 7500 today.
U.S. MOST ACTIVE BY VOLUME
| PRICE | %CHANGE | VOLUME | |
| SIRIUS XM RADIO | 0.1999 | 90.56 | 59930084 |
DOW was down 258.
Now it’s only down 259 (Typical CNBC comment)
"What the hell kind of a clown are you?", "The crying inside kind...I guess" "Exact change or off the bus!"They understand that Obama is tanking the economy intentionally.
I hate to say it, but not even the Democrats hold that much sway over the stock market. Mainly People just like to panic and run in herds over a cliff.. the Sheeple( who are quite possibly mainly Democrats) who invest in the stock market. Good ridance to them. Be glad when they all jump, so the stock market will reflect the value of the stock in the companies they represent, and American businesses can get back to business.
If the World markets are depressed, there is no where I had rather be than in the United States Economic Market.
I still have faith in American companies and their productivity, and their ability to produce a product that will generate a dividend to their stock holders.
bttt
ROFLMAO!
Dow down 252
Gold up 26 to $968.
Oh yeah, this “Stimulus” is going to fix what ails us.
The markets do in fact know the difference between s—t and shinola!!!!!!
I have the radio on, and the FOX news guys is practically in tears with excitement—”The wheels are up and Air Force One is in the sky, as President Barack Obama is on his way to sign the....” blah blah blah.
Good God, the worship for this guy is embarassing.
But the liberals in my office cube are still blaming Bush. I had to put my iPod earphones on just to shut them out.
i had called 6000 as the target by 0bama and crew back in september.
at 6000, they’d be able to push us closer to the edge.. keeping people in need of the social program / government assistance
thank goodness for change. in 2007, the markets were at 14,000. now with change... they are going below 7,000.
excellent!
we need a road construction sign with the tanking stock market in the background and ‘dems at work’ in the foreground