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Author Topic: So... what do you think about the stock market today?  (Read 4710 times)
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cheeba
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« Reply #40 on: October 07, 2008, 06:53:36 PM »

Quote from: Crux on October 07, 2008, 06:27:07 PM

We both know it, so why do you keep pretending like it somehow wasn't their fault?
Oh it is their fault. It's also the fault of the 95 democrats who voted against it. There is not a single factual problem with saying that "Of those who voted against it, 58% were R's and 42% were D's." Nothing is dishonest whatsoever about that factual statement.

Let's put it this way. I have one vote. That one vote affects my one congressman. For me, that congressman is one Bart Stupak, a Democrat who, along with 94 other D's, voted against the bill. If I were strongly for (or against) the bill, should I have let my Democratic Rep know? Or should I have just let the Republicans know? And when he voted against it, should I blame him, perhaps by not voting for him, or should I just blame the Republicans on an internet forum?
« Last Edit: October 07, 2008, 06:55:53 PM by cheeba » Logged
Caine
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« Reply #41 on: October 07, 2008, 07:28:38 PM »

sadly, the irony here is that we don't even know if the bailout will have any appreciable effect right now anyways.  the global economy is in such a whirlwind that 700B could end up being a small speck of smeared guts next to the larger carcass of our economy on the bumper of the next depression bus. 

it certainly didn't make any noticeable positive changes for the average man on the street. 
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PaulBot
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« Reply #42 on: October 09, 2008, 08:49:12 PM »

Dow below 9000 for the first time since 2003.

My 401K is down over 20% so far this year. Guess I'll be working until I die.
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Larraque
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« Reply #43 on: October 09, 2008, 09:09:46 PM »

Quote from: PaulBot on October 09, 2008, 08:49:12 PM

Dow below 9000 for the first time since 2003.

My 401K is down over 20% so far this year. Guess I'll be working until I die.

8,579.19 at close. Dropped like a rock in the last hour.
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coopasonic
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« Reply #44 on: October 09, 2008, 09:47:16 PM »

Quote from: PaulBot on October 09, 2008, 08:49:12 PM

Dow below 9000 for the first time since 2003.

My 401K is down over 20% so far this year. Guess I'll be working until I die.

-32.7% on the year. It's incredibly depressing. I need to stop looking.
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mikeg
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« Reply #45 on: October 09, 2008, 10:16:02 PM »

Everyone selling off in panic.  When did we see that before??????

Ford is like $2.  Buy a $1000 dollars worth, wait for the gov't to announce a bailout because you know, we can't let Ford fail, then when the stock quadruples from the gov't bailout announcement, sell sell sell.  Do that with 3 or 4 companies and there you go. 


No really, I don't think we have seen anything yet.
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whiteboyskim
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« Reply #46 on: October 09, 2008, 11:34:47 PM »

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PaulBot
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« Reply #47 on: October 10, 2008, 12:04:19 AM »

Quote from: whiteboyskim on October 09, 2008, 11:34:47 PM



Pretty....
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CeeKay
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« Reply #48 on: October 10, 2008, 12:08:31 AM »

Quote from: PaulBot on October 09, 2008, 08:49:12 PM

Dow below 9000 for the first time since 2003.

My 401K is down over 20% so far this year. Guess I'll be working until I die.

don't worry, you're on my 'to do list' for 2011.
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PaulBot
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« Reply #49 on: October 10, 2008, 01:55:57 AM »

Quote from: CeeKay on October 10, 2008, 12:08:31 AM

Quote from: PaulBot on October 09, 2008, 08:49:12 PM

Dow below 9000 for the first time since 2003.

My 401K is down over 20% so far this year. Guess I'll be working until I die.

don't worry, you're on my 'to do list' for 2011.

I feel much better. Let's plan a retreat - I've got $400K to spend on it.
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Caine
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« Reply #50 on: October 10, 2008, 06:57:45 PM »

and it looks poised to drop below 8k today by the end.  already dipped to ~7900.  god what a massive fuctastrophe this is turning out to be. 

btw, finance.google.com has a pretty slick site to watch 'the end of the world as we know it'. 

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VynlSol
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« Reply #51 on: October 11, 2008, 12:02:39 AM »

NASDAQ up by 4. Happy Days are Here Again!!
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PaulBot
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« Reply #52 on: October 11, 2008, 02:05:14 AM »

Quote from: VynlSol on October 11, 2008, 12:02:39 AM

NASDAQ up by 4. Happy Days are Here Again!!

CRAP!! Missed the upswing. I'm screwed.
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