FloridaBuckeye
Beach Lover
Ok..am i just dumb..or what graph?
-
Trouble logging in? Send us a message with your username and/or email address for help.
-
Hello all! We will be performing a website & forum update soon. You may get logged out so now is the time to make sure your email address in your account is correct - go to your account to check it and update it now. Send us a message with your username and/or email address if you need help.
Markets tumbling down
- Thread starter 30ashopper
- Start date
Lynnie
SoWal Insider
Found this today - where we're at -
Here you go, Buckeye! The dates show the bear markets.......Cheers, Baby!
Miss Kitty
Meow
Here you go, Buckeye! The dates show the bear markets.......Cheers, Baby!
...well, that sure was helpful!
Lynnie
SoWal Insider
Miss Kitty
Meow
Are you being facetious?It has the dates......
What numbers? Am i going blind?
Okay, here's one for ya'. I think I heart this bank heiress!
Bank of America heiress says 'idiots' are running the bank - Daily Finance
Lynnie
SoWal Insider
Graph - long line then a dot with the date of the bear market.
That's a great article. Not to mention they bought Countrywide Home Loans - THE PIONEERS of the subprime mortgage - Angelo Mozillo or whatever his name is, ranks up there with those Enron guys. Rumor has it, Angelo will open another lender when the dust settles!
I heart her too - I'd marry her if she weren't broke!
scooterbug44
SoWal Expert
Of course the "markets have lost confidence" - every headline, publication, website, news show, and radio broadcast keeps screaming that doomsday has arrived. It's called a self-fulfilling prophecy. :roll:
I had the misfortune of being trapped in a place that had Fox news on Friday - after they ran the promo for "Is this the future of America" featuring people waving torches in the streets, I put my Ipod headphones in and stared at the ceiling rather than subject myself to further hysteria.
Forgive me for not stocking up on MREs and building a shelter in the backyard, but the market isn't even at its lowest point in MY memory. Yes, I've lost money on paper, but that's why you invest for the long term and don't put all your eggs in one basket.
I had the misfortune of being trapped in a place that had Fox news on Friday - after they ran the promo for "Is this the future of America" featuring people waving torches in the streets, I put my Ipod headphones in and stared at the ceiling rather than subject myself to further hysteria.
Forgive me for not stocking up on MREs and building a shelter in the backyard, but the market isn't even at its lowest point in MY memory. Yes, I've lost money on paper, but that's why you invest for the long term and don't put all your eggs in one basket.
AAbsolute
Banned
I liked the stress test plan on the banks talked about again in DC today. I'm seeing it as exposing (forcing) a number that the bank will need to hit as a reserve threshold. What they can't make up with private investment will be made up by public funding. As losses are taken the current reserves will be burned up then the TARP funds will kick in. If a bank doesn't burn up their reserve then no TARP to repay.
To me it looks like the best way to sure up the system if we are going to go that route. I liked the reference used of creeping nationalism for this scenario.
To me it looks like the best way to sure up the system if we are going to go that route. I liked the reference used of creeping nationalism for this scenario.
Last edited:
FloridaBuckeye
Beach Lover
Originally Posted by Lynnie 
Here you go, Buckeye! The dates show the bear markets.......Cheers, Baby!
...well, that sure was helpful!
__________________
I'm glad you are confused too Miss Kitty! There is no link etc with that comment Lynnie sent.....not sure why we aren't getting it!
Here you go, Buckeye! The dates show the bear markets.......Cheers, Baby!
...well, that sure was helpful! __________________
I'm glad you are confused too Miss Kitty! There is no link etc with that comment Lynnie sent.....not sure why we aren't getting it!
30ashopper
SoWal Insider
The dow got within 33 points of the 6000's today. We might even break below it. It seems the promise of 4 trillion in additional government debt, a 20% increase in budgetary spending, higher taxes on investment and business, and unrealistic economic projects by the Obama administration are not going over as well as expected. :roll: