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Wall Street slides on bank plan, Google (DJIA .. 10,172.98 .. -216.90 .. -2.09%)
Reuters on Yahoo ^ | 1/22/10 | Leah Schnurr

Posted on 01/22/2010 1:53:29 PM PST by NormsRevenge

NEW YORK (Reuters) - Stocks tumbled in their worst three-day slide since March on Friday on fears the White House's plan to curb bank risk-taking would cut profits and Google Inc's (NasdaqGS:GOOG - News) disappointing results hit technology shares.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: economy; google; slides; wallstreet
curb risk .. wow.. why didn't I think of that?
1 posted on 01/22/2010 1:53:29 PM PST by NormsRevenge
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worst three-day slide since March

OK .. all you market players.

where ya putting your chips?


2 posted on 01/22/2010 1:54:59 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: NormsRevenge

Obama is deliberately trying to destroy this country.


3 posted on 01/22/2010 1:55:31 PM PST by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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How are the day traders doing lately?

Reuters - Traders work on the floor
of the New York Stock Exchange, January 20, 2010.

4 posted on 01/22/2010 1:56:51 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: P-Marlowe

He’s getting a lot of help.


5 posted on 01/22/2010 1:57:19 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: P-Marlowe

Either that our he’s dumber than a sack a rocks.


6 posted on 01/22/2010 1:57:21 PM PST by MsLady (If you died tonight, where would you go? Salvation, don't leave earth without it!)
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To: NormsRevenge
where ya putting your chips?

I sleep well in cash (USD) and a few shares of UUP.

The artificially pumping of the stock market with government cash is over.

7 posted on 01/22/2010 1:58:01 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: NormsRevenge; xzins; blue-duncan
OK .. all you market players. where ya putting your chips?

I'm letting them ride. There's really no place that is safe from this man. He is going after every sector of the economy trying desperately to destroy it.

Our only hope is that none of his proposals go into effect. If that happens then the market will rebound quickly and I will make a bundle buying low as he talks the market into a free fall.

We can only hope that none of these idiotic and destructive proposals are put into effect, otherwise we are all going to find out what it is like to live in a place like Haiti.

8 posted on 01/22/2010 1:59:55 PM PST by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: 2banana

but gold could hit $5000 .. :-)

I hear ya tho.. ya can only print so much paper and then the chickens come home to roost..


9 posted on 01/22/2010 2:01:30 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: P-Marlowe

Our only hope is that none of his proposals go into effect. If that happens then the market will rebound quickly and I will make a bundle buying low as he talks the market into a free fall.

Yeah, I like that. The market is incredibly resilient considering the beltway numbskulls who attempt to milk it for their own purposes.

It’s about time for Delay Deny Stall and Divertum Esq. to be a JorKstreet firm working for good instead of the dems and Obama.


10 posted on 01/22/2010 2:05:00 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: NormsRevenge
worst three-day slide since March OK .. all you market players. where ya putting your chips?

Saw this coming a mile away. Cashed out my chips (401k) a week ago.

11 posted on 01/22/2010 2:18:51 PM PST by Zeddicus
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To: NormsRevenge

I have to wonder whether or not Obama is engaged in some kind of insider trading where he is shortselling bank and insurance company stocks.


12 posted on 01/22/2010 2:22:58 PM PST by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: P-Marlowe
Our only hope is that none of his proposals go into effect. If that happens then the market will rebound quickly and I will make a bundle buying low as he talks the market into a free fall.

Been mostly in cash for a while waiting for a pullback. Here it is, so with each day's drop I've been putting money in. I can enjoy doing this for weeks. At some point in the not too distant future, it will rebound.

13 posted on 01/22/2010 3:19:28 PM PST by randita (Chains you can bereave in.)
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