Posted on 03/04/2009 1:08:04 PM PST by Syncro
| Index Value: | 6,873.37 |
|---|---|
| Trade Time: | 4:00pm ET |
| Change: |  147.35 (2.19%) |
| Prev Close: | 6,898.63 |
| Open: | 6,726.50 |
| Day's Range: | 6,726.42 - 6,979.22 |
| 52wk Range: | 6,661.74 - 13,191.50 |
(Excerpt) Read more at finance.yahoo.com ...
Soros and Robert Rubin trying to prop up the markets? No one trusts Obama or has any faith in him. He is a marxist.
DoubleSpeak
Orwell coined Newspeak, Oldspeak, duckspeak (speaking from the throat without thinking 'like a duck') and doublethink (holding "...simultaneously two opinions which canceled out, knowing them to be contradictory and believing in both of them...") but not doublespeak.
Just for clarity.
Doublethink would have been a better description.
I think that 3 years from now some people will be deeply disappointed that they didn't buy some really great companies at these prices.
I bet the WH mentions this as a positive sign. The stock market only matters when it goes up. When it goes down, it is just a tracking poll.
This is a downtrend market with no bottom in sight, despite what Obama says about the 'profit to earnings ratio'. I doubt in the history of the market a dumber thing has ever been uttered by any elected official,
Many articles today saying:
Stocks Rise On Hopes For New China Stimulus
Shouldn’t they have said:
Stocks Rise On Hopes Of Obama/Pelosi Stimulus Plan? /sarc
Gov't provides details, sets standards for housing plan aimed at ...
KDRV - 6 hours agoThe Obama administration is kicking off a new program designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans ...
Happened after the head of the FDIC made her reckless comments.
Do you see any sign of that happening in the next 2 years?
Did you see yesterday Toyota asked the Japanese government for a $7 billion equivalent bailout. The Electronics giants are laying off people as fast as they can. And housing, how long before a home builder of supplier is viable again.
Tbe pundits on CNBC certainly did that.
I watched it drop 115 points in the last 30 minutes!
That link I provided is great to follow the market with about only a one minute delay.
Agree- it’s a market of stocks, not a stock market. 3 of 4 move with the market. If you’re willing to do the research you can find solid companies with accelerating earnings growth, solid fundies, etcc.. Not every segment of the economy is in recession.
I was busy watching the chart dive.
She made some comments at 3:30 and what were they?
Thanks
The market anticipates an economic recovery by 6 to 8 months. By the time you feel comfortable buying stocks, they’ll be a lot higher than they are now.
A drop in GE kept the market from going higher. Tomorrow could prove to be a very down day. This was indeed a “dead cat bounce”.
Yes, all the useful idiot socialists were thrilled. There’s always tomorrow for more tanking. The only impressive thing is that it did stay positive while Geithner was speaking. He and Larry Summers are two of the least impressive money people I have ever seen.
Obama must have said something moronic about profits and earnings ratios 30 minutes ago.
Rick Santelli: I Want to Set the Record Straight
I'm no market guru, but it seems pretty clear that what happened today is just a bear rally and short covering.
Unfortunately for what's left of my 401k, I'm expecting to see it head south again.
Report: FDIC Insurance Fund Could Become Insolvent
CBS 4 - 1 hour agoRead more in our Privacy Policy AP As the current recession continues to deepen, the head of the Federal Deposit Insurance Corp. (FDIC) said that new ...
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