After Bailout passage, DOW is
Submitted by raisputin on Fri, 10/03/2008 - 14:38
currently -91.04 according to moneycentral.msn.com
»
After Bailout passage, DOW is
Submitted by raisputin on Fri, 10/03/2008 - 14:38
currently -91.04 according to moneycentral.msn.com » |
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"the old buy the rumor
and sell the fact..." thing, according to trader Dan Norcini, the only one posting at http://www.jsmineset.com/ right now. Why would anyone believe Bush, Pualson, Bernanke, et. al.?
DIGG IT
Lets get this to the front page
http://digg.com/business_finance/Bailout_Bill_Passes_DOW_CRA...
Most investors Sold on the short rally
is what I see.
When The Bill Passed The Dow Was +225ish
and closed at -157. That's a difference of 380+ points. Just goes to prove the 2 were not related.
On the same note, when the Dow was down 777 points on Monday the market was down 600 points before that vote even took place.
I wonder how they will spin this one
-167.26
-167.26
-155.39
-155.39
So, maybe when
the sheeple realize that this bailout did not help Wall Street but really hurt us all greatly, they will start to waken. Ya think? Obviously, Wall Street did not think this government package did anything good - hence the selloff.
Dow -154.62
You couldn't make it up. Lets see, now: A person runs a business who has to pay tax to the banks (indirectly, of course), which means they have less of their own capital to invest in the business so they have to go to the bank to borrow money but if they paid less tax - they would have their own self made capital to invest without the need to borrow from the bank. Or have I missed something? 'I always think of all you canvassors and precinct leaders and delegates at the front line and caucuses.
Good luck out there &Thank you. You're a gift.
'I always thank of all you canvassors and precinct leaders and delegates who were at the front line and caucuses.
Good luck out there &Thank you. You're a gift.
-158.18
-158.18
-145.28
-145.28
-141.14
-141.14
-133.81
-133.81
-129.67
-129.67
$INDU 10,363.14 -119.71
$INDU 10,363.14 -119.71