Pale Blue Dot
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Wed Oct-01-08 09:01 PM
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Interesting... stock futures plunged once the bailout bill passed. |
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Right before it passed Dow futures were up 15 points. Now they are down 108 pts. I wonder why? Maybe because Wall Street knows something we don't? http://www.bloomberg.com/markets/stocks/futures.html
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az chela
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Wed Oct-01-08 09:02 PM
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1. This just doesnt make any sense. |
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We have been so had again.
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MadrasT
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Wed Oct-01-08 09:03 PM
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2. We are being PLAYED, yet again. n/t |
ixion
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Wed Oct-01-08 09:05 PM
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3. they know what so many economists know |
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that this bailout puts us well over 10 trillion in debt. More than 70% of our GDP is now consumed by debt. How much more are we going to be able to borrow?
Not much, really. The international markets are aware of this. They still practice real, as opposed to faith-based accounting, so by their books, we're insolvent.
Welcome to the third world.
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Pale Blue Dot
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Wed Oct-01-08 09:06 PM
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4. Asain markets are all moving lower too. |
barbtries
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Wed Oct-01-08 09:13 PM
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do they keep going all night?
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Kurt_and_Hunter
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Wed Oct-01-08 09:15 PM
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6. Market Maxim: "Buy the rumor, sell the news." |
mth44sc
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Wed Oct-01-08 09:16 PM
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I'm wantin' me some of that free money.
HAY lookie here - I'm hurtin'
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ohioINC
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Wed Oct-01-08 09:23 PM
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8. I doubt it will pass the house and so do futures traders. |
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The senate added 118billion on to the price tag in tax cuts and special programs.
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orwell
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Wed Oct-01-08 09:26 PM
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...just like most short term moves in the market.
The major trend is lower worldwide. That trend will stay in force until it is broken.
This bill is a bandaid, and a crude one at that.
The major problems of low to no growth, systemic financial risk, high real estate prices, energy dislocations, and mountains of funny money derivatives have not gone away at the stroke of a pen.
Stay tuned...
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FreakinDJ
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Wed Oct-01-08 09:28 PM
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moodforaday
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Wed Oct-01-08 09:28 PM
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Parker CA
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Wed Oct-01-08 09:30 PM
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12. Probably tough to predict this one, but perhaps they are worried that the house will now |
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work even harder to go against this bill. With such heavy senate support, many could be worried that it spells a tough road to passing it in the current version in the house.
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malaise
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Wed Oct-01-08 09:45 PM
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13. Maybe they know Goldman Sachs is about to gobble them up |
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Fri May 03rd 2024, 04:32 PM
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