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09-30-2008
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Quote:
Originally Posted by PBzeer
I'm confused. Why is the Dow going up, when it's the end of the world? Dance band on the Titanic?
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Totally expected. Yesterday there was a lot of panic selling as people scrambled for cash, and it's normal to retrace some of the loss after a day like that. Whether it lasts or not is the real question.
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09-30-2008
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Gemini 105Mc Hull 987
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Yesterday, Chicken Little's sold stocks out of panic and fear of getting caught in a sinking market
Today, smart investors logged in knowing that the stock market is a long term investment.
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09-30-2008
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Senior Member
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09-30-2008
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Wandering Aimlessly
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Join Date: Nov 2002
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Actually, the question was a bit of rhetorical sarcasm. I was merely pointing out, the market goes up, the market goes down.
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John
Ontario 32 - Aria
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
Music on the Wind -
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10-01-2008
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Wandering Aimlessly
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The Senate is prepared to take up a "new and improved" version of the Bailout. That has to make Wall St happy, knowing they'll get a premium price for their bad paper rather than a market based price.
__________________
John
Ontario 32 - Aria
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
Music on the Wind -
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10-01-2008
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Banned
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The House Republicans already said "Hell No".
I'd like to know what is driving these guys to pass a bad bill? What's different today than Monday?
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10-01-2008
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Wandering Aimlessly
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Join Date: Nov 2002
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It's very simple. This is the only bill that allows maximum government intervention. With intervention comes growth and power. It also further entrenches the can't do it without government mentality that will eventually destroy the goose that lays the golden egg.
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John
Ontario 32 - Aria
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
Music on the Wind -
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
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10-01-2008
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Gemini 105Mc Hull 987
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Join Date: Sep 2007
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The revised bailout bill also includes a "Mental Health Parity" provision, which would require health insurance companies to cover mental illness at parity with physical illness.
What they hell, they just can't not tack on silly crap - do people understand what this will do to their insurance policies?
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10-01-2008
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Wandering Aimlessly
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Join Date: Nov 2002
Location: Cruising
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Chuck - the only way they can get this bill passed is by loading it up with "goodies". The only result Washington worries about is their election day vote tally.
__________________
John
Ontario 32 - Aria
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
Music on the Wind -
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10-01-2008
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Larus Marinus
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Join Date: Jan 2007
Location: Brussels
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Quote:
Originally Posted by PBzeer
... The only result Washington worries about is their election day vote tally.
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They also care about their election fund sponsers.
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Jonathan-Livingston
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