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Stocks Keep Sliding
CNNMoney ^ | 06 May 2010 | Comunist News Network Money Staff

Posted on 05/06/2010 7:47:14 AM PDT by Repeat Offender

NEW YORK (CNNMoney.com) -- Stocks slipped Thursday in choppy trading as investors continued to worry about Europe's ongoing debt problems.

The Dow Jones industrial average (INDU) lost 26 points, or 0.2%. The S&P 500 index (SPX) slipped 3 points, or 0.3%. The Nasdaq composite (COMP) dropped 4 points, or 0.2%.

U.S. stocks extended losses and a key measure of volatility on Wall Street hit a more than three-month high Wednesday amid signs of a deepening crisis in Europe.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: dow; economy
I know it is still early in the day (for posting about the markets), but when I read this, I had the Simon & Garfunkel song in my head.....

slip sliding away, slip sliding away

It is like a controlled fall of the economy. You the nearer your destinatin the more you're slip sliding away

1 posted on 05/06/2010 7:47:14 AM PDT by Repeat Offender
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To: Repeat Offender

Good job.....now we ALL have that in our heads the rest of the day.


2 posted on 05/06/2010 7:49:34 AM PDT by Psycho_Bunny (The Quran and Mein Kampf: if you've read one you've read them both.)
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To: Psycho_Bunny
Good job.....now we ALL have that in our heads the rest of the day.

You're quite welcome.....

Whoah God only knows, God makes his plan The information's unavailable to the mortal man We're workin' our jobs, collect our pay Believe we're gliding down the highway, when in fact we're slip sliding away

3 posted on 05/06/2010 7:52:25 AM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy Saints surrounded)
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To: Repeat Offender

I think a lot of people, especially the State Controlled Media are using the stock market, and it’s inexplicable rise as evidence that Obama is fixing the economy.

So, while I hate to lose money in the market’s drop, I see the silver lining. I just hope that if it’s going to crash, it does so in a way that can’t be ignored in November.


4 posted on 05/06/2010 7:55:58 AM PDT by brownsfan (The average American: Uninformed, and unconcerned.)
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To: Psycho_Bunny
Good job.....now we ALL have that in our heads the rest of the day.

Better that than the Smurf Song...

5 posted on 05/06/2010 8:03:26 AM PDT by gov_bean_ counter (Obie Wan Nairobi from the 1/2 dark side. The farce with this one strong, it is...)
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To: gov_bean_ counter

“Better that than the Smurf Song...”

or “It’s a Small World After All”.


6 posted on 05/06/2010 8:15:09 AM PDT by Pining_4_TX
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To: Repeat Offender
The Dow Jones industrial average (INDU) lost 26 points, or 0.2%.

So when did they start using "INDU" instead of "DJIA"???

7 posted on 05/06/2010 8:17:07 AM PDT by Willie Green ("You can observe a lot just by watching.")
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To: Pining_4_TX
“It’s a Small World After All”.

Well looking at what is going on around the world, in Washington, and on Wall Street I'm not worried about the size of the world but who is running it. I'm going with the Invader Zim DOOM song. Dancing insane robot singing about impending doom. Ya we're so there now.
8 posted on 05/06/2010 8:22:41 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: gov_bean_ counter
Better that than the Smurf Song...

I Hate You...

If you got a problem, if you're feeling lonely
everything is smurfing wrong
Try looking on the bright side, smurfing on the right side
troubles will all soon be gone

If you got a long face, don't be such a disgrace
faces shouldn't be so long
Try to smurf it better, forget the story weather
by whistling a happy song

9 posted on 05/06/2010 8:25:43 AM PDT by HangnJudge
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