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To: Teacher317
"Stocks rose when it failed to pass, and dropped when it passed."

No, the dow fell $1.2 Trillion when it failed to pass. Politicians came out and said it wasn't dead, and it got a dead cat bounce the next day where it regained half of its loss only to lose it the next two days. It fell when it passed, but because the credit markets were that much worse by that time, and it was announced a major insurer was about to fail. By the time we passed it, Europe was scrambling to react and was having banks fail.

We need to drastically improve education in America. It's clear to me most freepers don't understand banking or the economy. And freepers are light years ahead of the DU dummies.

237 posted on 10/06/2008 8:54:52 AM PDT by DannyTN
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To: DannyTN; Chickensoup

See my post #243

Market dived Frday after the bill passed.


248 posted on 10/06/2008 8:59:47 AM PDT by nicola_tesla (www.fedupusa.org)
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To: DannyTN

And these people are light years ahead of you: www.tickerforum.org


250 posted on 10/06/2008 9:00:42 AM PDT by nicola_tesla (www.fedupusa.org)
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To: DannyTN
We need to drastically improve education in America. It's clear to me most freepers don't understand banking or the economy.

!

280 posted on 10/06/2008 9:18:40 AM PDT by Petronski (Please pray for the success of McCain and Palin. Every day, whenever you pray.)
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