Subdivisions
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Mon Oct-13-08 08:36 AM
Original message |
I've been watching the lead-up to market open on CNBC and |
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Edited on Mon Oct-13-08 08:38 AM by Texas Explorer
I swear I've heard them say the word "bottom" 15 times in the 1/2-hour I've been watching.
They call a bottom to this stock crash every 30 seconds now. What a bunch of shills.
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OPERATIONMINDCRIME
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Mon Oct-13-08 08:44 AM
Response to Original message |
1. Hopefully It Was The Bottom. |
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I'm crossing my fingers that it was.
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scheming daemons
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Mon Oct-13-08 09:54 AM
Response to Reply #1 |
3. The key thing is that the LIBOR rates are going down today.... that matters more than the Dow |
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If the LIBOR rates continue downward, then we DID reach the bottom.
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Subdivisions
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Mon Oct-13-08 10:02 AM
Response to Reply #3 |
4. LIBOR was 4.52 on Friday. Today it's 4.75. How is that going down? |
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Indeed, as I've watched it, it went from 4.12 to 4.23 to 4.52 and now it's 4.75. I don't see how you think LIBOR "rates are going down today".
If I am mistaken, please do correct me.
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scheming daemons
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Mon Oct-13-08 10:10 AM
Response to Reply #4 |
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http://www.cnbc.com/id/26905693Shows them all down or unchanged.
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Subdivisions
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Mon Oct-13-08 10:16 AM
Response to Reply #6 |
7. I don't have a link. I'm seeing it on CNBC. And, still, it was 4.52 on |
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Friday and today it is 4.75. The link you are showing says it (we're concentrating on the 3-month) went down .06 of a point. There will be ups and downs, just like stocks, but overall it is up.
No?
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scheming daemons
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Mon Oct-13-08 10:21 AM
Response to Reply #7 |
8. I've been watching the CNBC link daily...this is the first day that the arrows |
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Edited on Mon Oct-13-08 10:21 AM by scheming daemons
were red in a long time.
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2Design
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Mon Oct-13-08 09:31 AM
Response to Original message |
2. we still have a lot of overpriced houses that have to come down |
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before any bottom can be reached - they are just trying to extend the ponzi game for their friends with our money
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garlicmilkshake
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Mon Oct-13-08 10:08 AM
Response to Original message |
5. They don't close for columbus day? |
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I thought it was supposed to be an 'official' holiday...
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ensho
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Mon Oct-13-08 11:01 AM
Response to Original message |
9. CNN 6a.m. show was worried about the 'bottom' too |
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Wed May 01st 2024, 11:43 PM
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