MidwestTransplant
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Wed Jan-20-10 12:45 PM
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Republican Rally on Wall Street. Dow down 185 points. |
gratuitous
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Wed Jan-20-10 12:51 PM
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1. Clearly attributable to Scott Brown's election |
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There is no doubt about it whatsoever. The aftershock in Haiti? Brown again. Is it too late to mount a recall petition against him, considering how things have gone in the crapper since it was announced that he won in Massachusetts? It's raining in California, too. Cause and effect. Quod erat demonstratum. Is the librul media hyperventilating on these obvious points?
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Roland99
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Wed Jan-20-10 01:02 PM
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3. Of course. Has *nothing* to do with China tightening the belt on credit. |
MidwestTransplant
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Wed Jan-20-10 01:15 PM
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8. How about looking back to 1938 when FDR was pushed into cutting spending |
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on programs that created employment, pushing us near another depression?
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Roland99
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Wed Jan-20-10 01:26 PM
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10. There are differences between then and now. |
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And, actually, I fear things could potentially be worse this time around. We have a WORLD of debt upon our shoulders that did not exist back then. If China starts tightening credit and enters a deflationary period (which I think is not that likely...yet) and considering they recently surpassed Japan in the amount held of U.S. debt, well, this could get very ugly.
The gold bugs might prove to have been right after all.
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Roland99
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Wed Jan-20-10 01:00 PM
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Basic Materials -3.19% Capital Goods -2.32% Conglomerates -2.13% Cons. Cyclical -2.38% Cons. Non-Cyclical -1.59% Energy -2.58% Financial -1.62% Healthcare -1.11% Services -1.73% Technology -1.92% Transportation -2.43% Utilities -1.48%
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WeDidIt
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Wed Jan-20-10 01:02 PM
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4. Clearly, Jim Cramer expected Coakley to win |
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because this could have been predicted rather easily.
Today is market reaction to earnings reporting for many publicly traded companies.
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JVS
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Wed Jan-20-10 01:02 PM
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5. And the health insurance companies? |
BumRushDaShow
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Wed Jan-20-10 01:04 PM
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Extra $ for the partying.
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leftynyc
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Wed Jan-20-10 01:05 PM
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7. I see Wall Street is THRILLED with |
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the election of Brown. Has anyone checked out what that moron Cramer has to say about this revolting development?
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ParkieDem
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Wed Jan-20-10 01:17 PM
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9. Wall Street priced in the Brown victory yesterday |
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all the polling was indicating he would win. That's why health care stock skyrocketed.
Today's fall is largely due to bank earnings and inflation fears.
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leftynyc
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Wed Jan-20-10 01:26 PM
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11. Oh NO - that's not what |
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Cramer said. He said the market would zoom after a Brown victory. In case sarcasm is not translating, of course I know what's going on with the market today. Do you realize that if the market had gone up, it would have been attributed to Brown's win? the cnbc talking heads are morons.
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Fri Apr 19th 2024, 08:09 PM
Response to Original message |