Author Topic: Dow drops to near 7000 now!  (Read 3039 times)

JOCKTHEGLIDE

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Re: Dow drops to near 7000 now!
« Reply #25 on: February 23, 2009, 03:53:37 PM »
Who cares what Wall street thinks?

The Market is going to do what it's going to do... If Obama's plan is the cause of the latest drops... What caused it to drop from 14K in the first place?

Obama's plan?
BUSH????  CLINTON?  RONALD REGEAN?  GEORGE WASHINTON?

tu_holmes

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Re: Dow drops to near 7000 now!
« Reply #26 on: February 23, 2009, 04:26:55 PM »
If you want to go that route then we need to blame President Blowjob too.   ;D

One of them had weekly meetings on Al Quaeda and Bin Laden... And still had time to get his nut all over an intern.

Guess which one.

;)

Dos Equis

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Re: Dow drops to near 7000 now!
« Reply #27 on: February 23, 2009, 04:36:54 PM »
Lack of paying attention to the reports that were given to him completely counts.

Sorry but I don't buy the CT nonsense. 

240 is Back

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Re: Dow drops to near 7000 now!
« Reply #28 on: February 23, 2009, 05:12:59 PM »
Sorry but I don't buy the CT nonsense. 

when they de-classify it in 20 years, i'm going to call you and demand an apology, BB.

Bindare_Dundat

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Re: Dow drops to near 7000 now!
« Reply #29 on: February 23, 2009, 05:19:56 PM »
Also , AIG needs billions to stay open past next week.

UP TO 60 BILLION , I heard on the radio.

240 is Back

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Re: Dow drops to near 7000 now!
« Reply #30 on: February 23, 2009, 05:20:45 PM »
UP TO 60 BILLION , I heard on the radio.

Bindare_Dundat

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Re: Dow drops to near 7000 now!
« Reply #31 on: February 23, 2009, 05:24:17 PM »
Wishful thinking.

Everyone who called this mess like Schiff, Celente, Roubini, say this bill is a disaster and this is going to a depression and will last for years.

the differenec is Roubini thinks they need to spend MORE money.

Bindare_Dundat

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Re: Dow drops to near 7000 now!
« Reply #32 on: February 23, 2009, 05:26:39 PM »
I think the economy will turn around in approx 12 months and believe it will be more cyclical market forces rather than gov intervention.  Its going to be hard to know the exact effect of the stimulus package.
The market would reset itself when people have the confidence to invest again.  The question is does gov spending facilitate this process and at what future cost.

and people would gain that confidence if they knew what the true value of all these assests are BUT since the government can't stop intervening, it fucks everything up.

grab an umbrella

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Re: Dow drops to near 7000 now!
« Reply #33 on: February 23, 2009, 05:31:34 PM »
and people would gain that confidence if they knew what the true value of all these assests are BUT since the government can't stop intervening, it fucks everything up.

Thats Change you can believe in.

tu_holmes

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Re: Dow drops to near 7000 now!
« Reply #34 on: February 23, 2009, 05:53:18 PM »
Sorry but I don't buy the CT nonsense. 

How is it a CT when people have come out and STATED that he ignored warnings... This is not like a guess... People have said that people were HANDED documents.

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Re: Dow drops to near 7000 now!
« Reply #35 on: February 23, 2009, 05:56:21 PM »
Condi admits she was handed the document by Dubya, which she handed to rummy.  She admits she never read it. 

He and ashcroft then dispute who did what with it.

Look it up.

grab an umbrella

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Re: Dow drops to near 7000 now!
« Reply #36 on: February 23, 2009, 06:17:28 PM »
Condi admits she was handed the document by Dubya, which she handed to rummy.  She admits she never read it. 

He and ashcroft then dispute who did what with it.

Look it up.


Not reading documents seems like a disorder among politicians.  Take for example the spending bill that just got signed.  No one read that.

Bindare_Dundat

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Re: Dow drops to near 7000 now!
« Reply #37 on: February 23, 2009, 06:21:41 PM »
Not reading documents seems like a disorder among politicians.  Take for example the spending bill that just got signed.  No one read that.

lol

looks like it

JOCKTHEGLIDE

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Re: Dow drops to near 7000 now!
« Reply #38 on: February 23, 2009, 06:35:53 PM »

Dos Equis

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Re: Dow drops to near 7000 now!
« Reply #39 on: February 23, 2009, 06:47:12 PM »
How is it a CT when people have come out and STATED that he ignored warnings... This is not like a guess... People have said that people were HANDED documents.

What people?  Never mind.  I don't care.  This is too stupid.  If you buy into that CT nonsense then I really don't know what to say.  

But back on topic, I actually hope you are able to crow in a year, because that will mean the country will be in better shape.