View Full Version : Massive DOW rally after bailout passes!!! Up 500pts! (NOT!!)
ghengis86
10-03-2008, 01:34 PM
oh wait, it was up alomst 300 and now its down 130 at 3:47 EST
another great weekend ahead!
http://money.cnn.com/data/markets/dow/?
JenH88
10-03-2008, 01:35 PM
I bet I'm not the only one smiling as I watch the dow fall...
fr33domfightr
10-03-2008, 01:37 PM
I'm not smiling, but I want to see how CNN will spin this. Get that Suze Orman back on with Anderson Cooper and tell us again how much was lost in the market today, WITH A BAILOUT PACKAGE!!!
FF
ghengis86
10-03-2008, 01:38 PM
no, i'm similing too. I have about $500 in my 401(k) ($150 of it is my employers) so it doesn't really matter to me (just enrolled in the plan).
should I take get out and buy gold/silver coins or direct my investments to commodities, offshore funds, etc?
Original_Intent
10-03-2008, 01:39 PM
More vindication.
I am surprised I thought they would at least get 3 months of putting off the inevitable for 700 billion +.
I guess they didn't take inflation into account.
Dorfsmith
10-03-2008, 01:39 PM
I am lmao!!!! My inlaws were saying that this bailout must pass so their stocks can be safe. How does it feel you greedy jerks. :D
Vote Waterman 2028
10-03-2008, 01:40 PM
oh wait, it was up alomst 300 and now its down 130 at 3:47 EST
another great weekend ahead!
http://money.cnn.com/data/markets/dow/?
"buy on rumors, sell on news"
the Dow will be back up on monday. But that doesnt mean are troubles are over of course. We have a LONG road ahead of us, and possible hyperinflation.
should I take get out and buy goldsilver coins or direct my investments to commodities, offshore funds, etc?
allocate a good % to overseas funds, you probably have a "far-east" or some type of fund to choose from. just advice
angelatc
10-03-2008, 01:44 PM
I bet I'm not the only one smiling as I watch the dow fall...
Does it make me a bad person?
JenH88
10-03-2008, 01:44 PM
You know how in the movies and stuff, you see these insane people in horrible situations just laughing hysterically.. yeah.. that's me right now, things are so bad and to see it all coming a mile away, I just can't help but smile and laugh right now.. we are so screwed in the long run..
ghengis86
10-03-2008, 01:45 PM
allocate a good % to overseas funds, you probably have a "far-east" or some type of fund to choose from. just advice
I was already heavily into my pacific mid-cap growth fund, so i think i'll get out of my American growth fund and put it offshore too.
The more the DOW falls, the better I will feel. Sweet Sweet vindication of the Austrian school and those who teach it
xtravar
10-03-2008, 01:45 PM
allocate a good % to overseas funds, you probably have a "far-east" or some type of fund to choose from. just advice
Speaking of foreign investing... any idea how Latin America will do?
angelatc
10-03-2008, 01:45 PM
I am lmao!!!! My inlaws were saying that this bailout must pass so their stocks can be safe. How does it feel you greedy jerks. :D
It's not just greed. It is flat out stupidity. Stocks aren't safe. Never have been, never should be.
JenH88
10-03-2008, 01:45 PM
Does it make me a bad person?
We're all going to hell if so.. lmfao.. :D
ghengis86
10-03-2008, 01:45 PM
Does it make me a bad person?
No, it makes you a wise person
agaiziunas
10-03-2008, 01:46 PM
I bet I'm not the only one smiling as I watch the dow fall...
I actually had a little chuckle of glee escape my mouth when I saw the 500point drop today, an 800point drop for the week, but then remembered it doesn't matter for the bailout anymore, it's signed into law. With 150billion tons of whipped cream.
kthxbye.
ghengis86
10-03-2008, 01:47 PM
Dow: -159pts at 4EST
Dorfsmith
10-03-2008, 01:48 PM
It's not just greed. It is flat out stupidity. Stocks aren't safe. Never have been, never should be.
Very true.
ghengis86
10-03-2008, 01:49 PM
Dow -160.25 -1.53% 10,322.60
NASDAQ -29.33 -1.48% 1,947.39
S&P -14.68 -1.32% 1,099.60
DJ Wilshire 5000 -482.78 -4.27% 11,127.69
Russell 2000 -17.84 -2.80% 619.83
Philadelphia Semiconductor -2.52 -0.87% 284.29
Dow Transports -36.39 -0.87% 4,140.79
Dow Utilities -3.67 -0.88% 411.85
NYSE Composite -70.92 -0.99% 7,084.49
AMEX Composite -14.33 -0.81% 1,748.11
Morningstar Index -108.79 -4.00% 2,684.12
good thing the bailout passed
Dorfsmith
10-03-2008, 01:49 PM
Dow -160.25 -1.53% 10,322.60
NASDAQ -29.33 -1.48% 1,947.39
S&P -14.68 -1.32% 1,099.60
DJ Wilshire 5000 -482.78 -4.27% 11,127.69
Russell 2000 -17.84 -2.80% 619.83
Philadelphia Semiconductor -2.52 -0.87% 284.29
Dow Transports -36.39 -0.87% 4,140.79
Dow Utilities -3.67 -0.88% 411.85
NYSE Composite -70.92 -0.99% 7,084.49
AMEX Composite -14.33 -0.81% 1,748.11
Morningstar Index -108.79 -4.00% 2,684.12
good thing the bailout passed
Yep, things are looking up :D
libertea
10-03-2008, 01:51 PM
no, i'm similing too. I have about $500 in my 401(k) ($150 of it is my employers) so it doesn't really matter to me (just enrolled in the plan).
should I take get out and buy gold/silver coins or direct my investments to commodities, offshore funds, etc?
Mine is in Real Estate via a self directed IRA. Should be ok long term.
Charles Wilson
10-03-2008, 01:54 PM
I am lmao!!!! My inlaws were saying that this bailout must pass so their stocks can be safe. How does it feel you greedy jerks. :D
Not only are their stocks going down, now they are saddled with a 800 plus billion dollar debt.
JenH88
10-03-2008, 01:56 PM
I'm very intrigued to the spin they will put on the dow being down this time.. "IT'S BECAUSE WE DIDN'T PASS IT SOON ENOUGH..":rolleyes:
Dorfsmith
10-03-2008, 01:58 PM
Not only are their stocks going down, now they are saddled with a 800 plus billion dollar debt.
Yep, I'm going to call and rub it in. Sounds like it's win win for them. :D
Dorfsmith
10-03-2008, 01:59 PM
I'm very intrigued to the spin they will put on the dow being down this time.. "IT'S BECAUSE WE DIDN'T PASS IT SOON ENOUGH..":rolleyes:
On KNX radio "it will take a while for the bailout to kick in" :rolleyes:
Dorfsmith
10-03-2008, 02:00 PM
On KNX radio "it will take a while for the bailout to kick in" :rolleyes:
Idiot on KNX:
"The frowns will turn to smiles in the next 6-12 months"
Ha ha ha ha ha :rolleyes:
JenH88
10-03-2008, 02:07 PM
Ohhhhh... the market responds right away to the bailout failing on Monday, responds immediately to the 'proposed new bailout' on Tuesday.. but it's gonna take a while for the market to respond to the bailout being passed and signed into law.. yeahh.. it's all so clear now. lol
powerofreason
10-03-2008, 02:09 PM
Ohhhhh... the market responds right away to the bailout failing on Monday, responds immediately to the 'proposed new bailout' on Tuesday.. but it's gonna take a while for the market to respond to the bailout being passed and signed into law.. yeahh.. it's all so clear now. lol
lmao
ghengis86
10-03-2008, 02:25 PM
hey, who thumbed me down and added (NOT!) to my title?!
Mod?
Dorfsmith
10-03-2008, 02:28 PM
hey, who thumbed me down and added (NOT!) to my title?!
Mod?
Had to be a mod but seems like a lame thing to do. I think everybody knew your thread title was sarcastic.
ghengis86
10-03-2008, 02:45 PM
Had to be a mod but seems like a lame thing to do. I think everybody knew your thread title was sarcastic.
and if they didn't, they probably don't know how to operate a computer anyhow, so it doesn't matter.
what bunch of fucks
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