nice
another buying opp
gonna load up on aapl today
Time to buy.
Wow, amazingly, the free market doesn’t react well to socialism.
Thank God we threw our money down that hole.
Asian and European markets leveled off after a sharp drop.
Bargain frenzy this afternoon or Tuesday.
—a low of about 8000 was achieved during the Clinton years , IIRC-—
Treasury and Congress waited too long to intervene. They caused the problem and had plenty of time to fix it.
Have Reid, Schumer and Frank said the dow is going to 3000 yet?
Oh wait, they may not be entirely shorted up yet..
S**T!!I’m afraid if the Dow doesn’t recover somewhat, that it plays into the hands of the Messiah. That was my one silver lining hope regarding that stupid bailout.
Any chances for McCain to win are pretty much gone now.
When the “investor class” sees that years worth of gains are gone when they get their 401k quarterly statements, they will vote for “change”.
“Don’t run we are your friends..Don’t run we are your ...”
I thought that $700 billion Bush and Pelosi sold us on was supposed to save Wall St which was needed to rescue Main St.
What a bunch of crap.
$700 billion to Fat Catters who can now wipe out their bad loans and sell off their stock.
We’re screwed.
Has Obama released his plan yet?
Or, maybe the $150 billion Fund to create 5 million permanent “green” high paying permanent jobs and eliminate our dependence on imported oil will cover the tanking equity markets too?
We need The One’s divine intervention to stop this spreading credit crisis.
Out riding our bikes yesterday and ran into a liberal college teacher that is in our bike club. All they could complain about was him losing $40,000 last week in the market. I mentioned Arnold wanting $7 billion from the feds and she said no wonder look what party he is in. I said, right, he is a member of the dimocrat party because he is married to a Kennedy. I then told them that Fanny and Freddie WERE DIMOCRAT RAN ORGANIZATIONS, FOUNDED BY DIMS, RAN BY DIMS, PUSHED BY DIMS, THREATS MADE BY DIMS TO GIVE LOANS TO UN QUALIFIED BUYERS, yada yada yada, and they just huffed up and rode off as quickly as they can. Hit them with the facts, they fold and run.
DJIA 8500 could be where the stocks settle, while the rest of the world will suffer some very serious declines in stock value.
The Fed bill just passed was to bail you out, not the damn stock market, which BTW is reacting to global slowdowns which directly affect our export sector.
The credit markets and their derivatives are not traded on the stock market. What you seeing is a business forecast for the next six months, and it is not expected to be good.
There is no relationship to what is happening in the stock market, and the passage of the bailout, except to say definitively that the six month outlook would have have much worse without it.
You could assess it like a massive bomb that is cooking off, as opposed to exploding. In that respect, the Fed interventions are working and without it, our markets would look much more like some of the Asian markets that are down 70% as opposed to our 30%.
Some Maverick for Change.
Obama’s fire in the Reichstag continues.
Wow...boy it sure looks like all those Senators who “knew” better than their constituents that opposed the bill were right. Gee I am sure glad that we were wrong. /sarc