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Watch out tomorrow for falling objects.
1 posted on 01/21/2008 9:50:34 AM PST by mojito
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To: mojito

The FED Chairman best pull that 100 basis-point lever rather early...


2 posted on 01/21/2008 9:52:26 AM PST by BlabItGrabIt (Any candidates have a platform or a solution??)
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To: mojito
Markets like this doesn't help the argument of getting rid of SS.
3 posted on 01/21/2008 9:53:06 AM PST by DonaldC
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To: mojito

Is it wrong for me to think it’s hilarious that markets are dropping world wide as the end result of unrelenting stupidity?


4 posted on 01/21/2008 9:53:28 AM PST by TheZMan (Vote Conservative in '08. Vote for Fred Thompson, the only one that won't screw up the country.)
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To: mojito

I’m not too worried about it, since I’m in for the long haul on the retirement side. On the investment side, there’ll be some good bargains.

I just hope the baby boomers were smart as they got older and moved their retirement plans into safer investment vehicles.


5 posted on 01/21/2008 9:54:17 AM PST by Slapshot68
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To: mojito

Wow a six % selloff would hurt.

720 points!!!


11 posted on 01/21/2008 10:12:49 AM PST by CPT Clay (Drill ANWR, Personal Accounts NOW , Vote Hunter in the Primary)
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To: mojito

Dow futures closed today at -520 (4.2%). S&P -4.8%. We should take out the post-9/11 Dow drop of 671 points, at least until Bernake drops his bomb. Then if the market still drops, start making plans for a Clinton dictatorship.


15 posted on 01/21/2008 10:22:39 AM PST by montag813
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To: mojito

At least NY is closed. Commodities are down substantially.


17 posted on 01/21/2008 10:24:39 AM PST by RightWhale ("... which is not a linnnit' 'I'ht first published svstenn of predicate logic was devised 1ยป' the ()
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To: mojito
I am celebrating that the paper tiger is finally beginning to melt down. Maybe Americans will wake up to the fact that they have been snookered by the banks and thier government.

But then maybe not.

18 posted on 01/21/2008 10:26:51 AM PST by ColdSteelTalon
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To: mojito

A recession will knee-jerk hitlery right into the white house.


21 posted on 01/21/2008 10:31:21 AM PST by omega4179 (2008 Year of the Rino.)
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To: mojito

This is HUGE folks; a day we’ll likely remember.


23 posted on 01/21/2008 10:32:11 AM PST by glide625
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To: mojito

"I want trading reopened right now. Get those brokers back in here! Turn those machines back on!"

24 posted on 01/21/2008 10:35:08 AM PST by dfwgator (11+7+15=3 Heismans)
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To: mojito

Bwah hah hah hah .... IT’s time to buy, buy, buy from the little panicing schmegs, If only my money wasn’t still at the laundry.(Dr. Evil)


37 posted on 01/21/2008 11:04:13 AM PST by fella (Is he al-taquiya or is he murtadd? Only his iman knows for sure.)
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To: mojito
Even at only 5%, that would be a 600pt drop in the Dow.

This is a biggun'.

If the Dow experiences trading curbs and still falls drastically, the world exchanges will PANIC.

Dropping bond insurers to AA from AAA is a big deal and everyone is now scrambling for cash as "the run" is on and everyone must now mark to market.

There's simply not enough cash to cover all of the debt. Major banks and brokerage houses are at risk. Insurance companies. 401ks. Retirement funds.

Anyone not holding gold, insured savings accounts and T-bills is at risk. Even cash under the bed is better than any stock or bond market.

44 posted on 01/21/2008 11:32:39 AM PST by Mariner
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To: mojito
Well everybody that is Money smart should have seen this coming a long time ago yes jobs was being added everyday more homes was being built more spending was going on the market was looking great even as fuel prices kept going up but now those jobs don't look so great the fuel prices looks awful and the market cannot rally for more then a couple of days more then a million new homes are abandon.the dollar is falling fast and hard ,I said it about a year ago if a couple of problems would to show up watch out its a paper tiger economy lower paying jobs people cannot pay for there homes, higher fuel prices means goods and produce going up , alot of Americans have no health care,go out today and try to find ten things built in America I bet you can't. This is a election year so this is to be exspected so hold on tight I think its going to get much worst before it gets better.
48 posted on 01/21/2008 12:08:03 PM PST by MATSEVAH
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To: mojito
Looks like Germany took the big hit. Tomorrow should be full of things to analyze.
50 posted on 01/21/2008 12:19:07 PM PST by Bogie
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To: mojito

Just keep repeating: The economy is fine. Go spend money. That’ll fix everything.


55 posted on 01/21/2008 1:37:02 PM PST by DaGman
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To: mojito

Black Tuesday coming.


68 posted on 01/21/2008 6:37:31 PM PST by Hattie
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To: mojito
Watch out tomorrow for falling objects.

I’m waiting for the jumpers. (And i hope unlike 2000, I don’t hear snotty interns at Cornell Medical Center/NY Presbyterian making jokes about traders who jumped short and didn’t finish the job)
71 posted on 01/22/2008 12:39:33 AM PST by rmlew (Huckabee flip flops so much it makes Romney cringe)
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