1 posted on
03/10/2009 12:54:57 PM PDT by
flyfree
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To: flyfree
2 posted on
03/10/2009 12:56:04 PM PDT by
demsux
To: flyfree
Well finally the Bull market has returned we just needed Obama to get up to speed I feel great today we are on our way to a brisk recovery now
Barf
3 posted on
03/10/2009 12:56:41 PM PDT by
al baby
(Hi Mom)
To: flyfree
Whoop, whoop.
The selling resumes tomorrow!
4 posted on
03/10/2009 12:56:52 PM PDT by
Boanarges
To: flyfree
How much do the bailouts factor into the profitability? It seems odd.
5 posted on
03/10/2009 12:57:06 PM PDT by
Unlikely Hero
("Time is a wonderful teacher; unfortunately, it kills all its pupils." --Berlioz)
To: flyfree
Is because of the billions they just got from the government???
6 posted on
03/10/2009 12:57:36 PM PDT by
refermech
To: flyfree
Traders and investors jump on a bandwagon because the CEO of a company that got a bailout “said” the company was profitable for the first two months of the year?
Show us the proof of that in your books.
7 posted on
03/10/2009 12:57:49 PM PDT by
txnativegop
(God Bless America! (NRA-Endowment))
To: flyfree
Sounds exciting, until one sees the stock is still below $2.
8 posted on
03/10/2009 12:57:59 PM PDT by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: flyfree
We haven't had a "soaring" day in an incredibly long time...it's overdue.
Most likely the downward trend resumes tomorrow.
If they pass mark-to-market we may get a nice little rally though.
To: flyfree
When it was all negative Obama said it was like a day to day tracking poll and not to pay attention to it.
I bet he points this out today though, his rule of thumb only counts when it’s going down, not up.
13 posted on
03/10/2009 12:59:31 PM PDT by
Abathar
(Proudly posting without reading the article carefully since 2004)
To: flyfree
Nothing but blue skies now...
17 posted on
03/10/2009 1:02:25 PM PDT by
meyer
(Obama is to the USA as Mugabe is to Zimbabwe.)
To: flyfree
Before I even clicked on it I knew it would be Al-Reuters or AP.
"Soars"...right.
It's up 300 some points after falling 2,500 since The Odiots inaguration.
Soaring like this we can do without...
L
18 posted on
03/10/2009 1:03:24 PM PDT by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: flyfree
Told ya so.
The bond market bottomed last November, that made this inevitable. If it double dips hard enough we might have a relapse, but it will be just as transitory, and just as stupid to extrapolate it into the indefinite future.
Mark to market losses and huge increases in loss reserves are non-cash and one time events, and pretending corporations with positive cash flows running at 11 digit annual rates are bankrupt or will be, is and always has been, sheer pretending.
19 posted on
03/10/2009 1:04:13 PM PDT by
JasonC
To: flyfree
$180 billion of govt funds made them “profitable”
ye, I’d be profitable too.
21 posted on
03/10/2009 1:04:42 PM PDT by
GeronL
(Will bankrupting America lead to socialism?)
To: flyfree
Wow, am I glad that's all over with. (/sarc)
23 posted on
03/10/2009 1:04:57 PM PDT by
FlashBack
('0'bama: "Katrina on a Global Level")
To: flyfree
Shorts are covering today. Citi scared them a little.
24 posted on
03/10/2009 1:05:27 PM PDT by
rightinthemiddle
(I think we're gonna have another civil war.)
To: flyfree
"Barney Frank, ... said he is hopeful the Securities and Exchange Commission would reimpose the "uptick" rule in about a month."
Translation: Soros and his operatives have made as much money as they could on the downside, destroyed the economy, defeated the Republicans, instituted Fascist Socialism in the US, (through the suspension of the uptick rule), so they don't need that anymore.
27 posted on
03/10/2009 1:06:30 PM PDT by
ChicagahAl
(Don't blame me. I voted for Sarah.)
To: flyfree
Obama approval numbers are down....and Voila! The stock market soars in one day because Citi, who got a major bailout and tied to dems says they have a profit.
Now there are jobs out there too.
Problem solved.
30 posted on
03/10/2009 1:07:38 PM PDT by
dforest
To: flyfree
From the article - Bernanke wants to “improve” the Mark To Market Rule, rather than kill it.
Everybody marks to market. It’s reality and it’s also the responsible and ethical thing to do.
To not have to mark to market is simply fraud. Which is why the Democrats want to do away with the rule.
No mark to market? Who knows what a portfolio is worth? Nothing to see here, move on.
32 posted on
03/10/2009 1:09:40 PM PDT by
ChicagahAl
(Don't blame me. I voted for Sarah.)
To: flyfree
38 posted on
03/10/2009 1:13:48 PM PDT by
444Flyer
(Don't beLIEve Obama.............................Never give up, never give in, never give out!)
To: flyfree
Citigroup said it was profitable in the first two months of 2009...if you don't count the balance-sheet losses, shhh...
47 posted on
03/10/2009 1:22:27 PM PDT by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
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