The STOCK MARKET has no direction

[WharfRat+]

I love how after the first bailout didn't get passed Bush was shouting that the market just lost $1 Trillion b/c of no bailout.

Well now the taxpayers are on the hook for the $700B bailout and the markets have lost well over another Trillion since.

I f'ing hate ALL politicians (Except Ron "I TOLD YOU SO" Paul.)

 

[bellyputter]

100% cash. I refuse to look at anything to do with the market until Jan. 2.

 

[mj23]

http://www.youtube.com/watch?v=uoSLVCEGKko

 

[BadCo]

I wonder how my unions pension fund is doing?

Between this and social security I'm thinking us baby boomer's are going to be taking it in the ass.

 

[teazeman]

7500=bottom

 

[Buster]

IS THIS TRUE???


If you bought $1000 of stock a year ago, you would now have:

$91.28 if you bought Washington Mutual

$37.50 if you bought Neomagic

$21.29 if you bought Freddie Mac

$20.79 if you bought Fannie Mae

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the cans for the recycling REFUND... You would have $... 214.00 in cash.

So the best investment advice is to drink heavily and recycle.

It's called the 401-Keg Plan

 

[teazeman]

sounds about right buster. they say alum. is @ .53 per lb now.

 

[Buster]

sounds about right buster. they say alum. is @ .53 per lb now.

heheheheeeeeeeeeeeeeee

 

[ProPokerPlayer]

Let me be the 1st to say its over....The Democrats , just to win an election have spent 2 yrs under Pelosi driving this economy in the ground. They think they will pull it out of the downslide THEY HAVE INTENTIONALY CAUSED next January...They cant and wont...The Great Depression will be a sideshow compared to whats coming ....

 

[djmatt]

I think after the debate people with money are going to hoard it.. neither one is confident in what either candidate will be able to accomplish as most of the election was spent bickering back and forth about he said she said bullshit and healthcare..
Market drops 300pts tmw

 

[5teamparlay]

That didn't take long:
<TABLE class=tborder style="BORDER-TOP-WIDTH: 0px" cellSpacing=1 cellPadding=6 width="100%" align=center border=0><TBODY><TR><TD class=thead colSpan=2>10-07-2008 03:09 PM</TD></TR><TR title="Post 5851147" vAlign=top><TD class=alt1 align=middle width=125>5teamparlay</TD><TD class=alt2>Going down the tubes I'd bet it go's under 9,000:</TD></TR></TBODY></TABLE>


10-09-08:
NEW YORK (AP) _ The Dow Jones industrials have fallen below the 9,000 mark, hurt by a steep decline in shares of General Motors Corp.

The blue chip index is extending its selling to a seventh straight day Thursday as investors grapple with worries about the credit markets and the economy.

The Dow is down 250 at the 9,006 level after falling as low as 8,955.84

 

[WorldNumberOne]

i will jump in and buy as soon as it hits 5000 . should be sometime early next week

 

[FearTheRaven]

crazy, going to close at near 8500 today.

no way i could watch this if I had large investments.

 

[levistep]

I wonder how my unions pension fund is doing?

Between this and social security I'm thinking us baby boomer's are going to be taking it in the ass.

The baby boomers will be ass ramming anyone under 40.

 

[ProPokerPlayer]

In the next few years the Fed will own all banks, all hospitals and all energy companies....Just like China and Russia and Venezuala.......which will complete this countrys turn to socialism...
Those union pension funds your worried about are heavily invested in Big Oil and the Mortgage banks so you can kiss that goodbye as well. Obama will solve the S.S. crisis in his 1st term which means say goodbye to that also....The day u cant work to support the government you will be turned out to pasture.......

And remember none of this would ever had been possible until the elimination of states rights......but you thought the war was about slavery..

 

[Yankees_pride]

Let me be the 1st to say its over....The Democrats , just to win an election have spent 2 yrs under Pelosi driving this economy in the ground. They think they will pull it out of the downslide THEY HAVE INTENTIONALY CAUSED next January...They cant and wont...The Great Depression will be a sideshow compared to whats coming ....

DUDE THE BIGGEST IDIOT WHO MADE THIS WHOLE FUCKING MESS IS THAT MORON DOUCHE BUSH!!
GOOD RIDDANCE OF THE REPUBLICANS HAHA GO OBAMA

 

[Yankees_pride]

.

 

[Whoson1st]

According to Obama in the last debate and McCain did NOT say otherwise, the TAX CODE IN THE US IS OVER 1200 PAGES!
This is one of the biggest reasons for confusion and problems from that confusion. Honest folks expect honest simple answers. The elected officials all carve out SPECIAL interests.

 

[155mph]

Bottom at 5300...I hope I'm dead wrong, GDP will be horrible for the next couple of years, job losses will increase. Americans getting:bunnies: