That anyone would think it is worth mentioning, I take as a contrary signal that the market is about to crash. The market today is a casino played by computer algorithms. It's totally disconnected from declining corporate profits.

It's easy when the FED, Treas Secy Little Timmy and the rest of the President's Council on Working Markets are able to manipulate the markets. The DOW and S&P have been rising on poor volume and no earnings.

I found this post....not sure who wrote it...interesting...

"No one cares about financial institution corruption, bad banks, recession, job loss, hyperinflation. It's just buy buy buy, Thanks to automation technology, outsourcing, in sourcing, free market capitalism/globalization, jobless recoveries are inevitable, sadly, for all future recessions. I predict baseline unemployment will rise from the historical average of 4-5% to 7-8% within the next decade, but the stock market & GDP will keep rising. Higher unemployment will be the new normal. Stocks that benefit from this phase shift are multinationals, high tech, and commodity.

hat tip to http://www.iamned.com for the interesting articles

Politicians will do nothing to impede this transition because they lack the power to restrain hypercapitalism, and because they are often paid off."

#4

If that's the truth, well, are those with jobs going to have to exercise more compassion for those without? All of us probably know at least a few people without jobs now.

It's up. It's down. It's up. It's down.

The dow is going up and down faster then McToast's dick when he introduced Palin as his mate.

I mean running mate.

With the dow at least hanging in, GM and Chrysler off life support and deflation hitting instead of their prayed for hyper-inflation, righties will have to bear down and pray for al queda to get a couple of nukes if they want America to fail.

Hurrah, the Dow is up denominated in dollars that are losing value.

After the Obama-induced inflation really hits, the Dow may be at a billion with cost increasing but value probably decreasing. Wait until you proceed through the Weimar Republic phase to the Zimbabwe phase with a loaf of bread costing what, a trillion dollars. No wait, by decree, they took some three or six zeroes off of the denominations. Phew!

Regale yourself with these illusionary accomplishments. The music played by the ship's band lulls you into a pleasant mood, but the Titanic is sinking. It's just a matter of time before the horrible consequences of these Marxist initiatives and strategies succeed in bringing this economy down.

Bush's fault? Obama's fault? It doesn't matter. We're going 90 miles per hour down a one way street, and against traffic. Bush started it and now Obama has really souped up the engine. Faster and faster. Round and round she goes and where she stops nobody knows.

This savior, Obama, is not dying for your sins. He's going to have you crucified instead of himself. After all, he is a narcissist and what's good for Obama is what's the ultimate good.

Are the companies that comprise the Dow, being changed? What about the other indexes.? Hmm.

You folks might be interested in obtaining lists. But then again, why bother.

Now, I'm just asking here not accusing. It would be interesting now to recall what we were each posting back around the inauguration. I seem to remember someone saying "sell, sell, sell." If you listened to him you would have just missed an incredible opportunity to make back your losses or at least part of them. I don't play the stock market but I do recall my own view being hopeful when Obama was inaugurated in the face of many saying "the end is near" and such. I still am hopeful though not as much so as before for the real changes we wanted to accomplish in health care. I am in shock that Americans are such pussies to let Congress act completely against our will right in our faces while we don't do anything. Now would be a more correct time to pick up that pitch fork, at least figuratively. These bastards need to know the anger that is building over this. If you aren't angry, even if you oppose health care for some reason, then you don't care that Congress so openly sells itself to the highest bidder. The sell out Democrats are those who receive huge campaign contributions from the very institutions that health care reform will effect. That is the scandal of this Congress and it is absolutely shameful regardless of your party or position on issues.
Our media sells out America by not focusing on those facts about Bacchus and Landrieu especially.

Danni--what do you mean?

Our media sells out America by not focusing on those facts about Bacchus and Landrieu especially.

#9 | Posted by danni at 2009-06-13 01:04 PM

Murphy,

They oppose having a Government option in the health care bill which really means not very much change is coming and they both receive tons of money from the insurance companies this bill will regulate. It's virtually open bribery and it will seriously effect how much we pay for health insurance for many years to come. These people are selling out the American people for the benefit of the insurance companies. The people have been polled and it is clear what the majority wants but our Congress is completely ignoring us right in front of our eyes. That should bother any American because it means our Congress is just a puppet for big business and they don't even care if we know. They are toasting Champagne and laughing at us little people.

Don't worry the rest of the W will hit by fall .. fuel is skyrocketing AGAIN..

There will be another buying opportunity soon.

Raystradamus is still predicting a 1400 Dow before the end of this recession. It had better hurry.

"There will be another buying opportunity soon."

That's because there always will be another buying opportunity soon. That's why it's a market.

"Raystradamus"

I just love that.

Where are the financial geniuses who have been insisting we sell for the past couple of months? Seems like people who actually started buying in the past two months have made some good money.

Nice. I bought more near the lower points, laddered in and things are looking better for me. False or not, I'm looking at spending a little coin again.

In other news the first 68 Billion bank bailouts appear to have garnered the U.S. Taxpayers a slight gain through dividends.

So far we haven't lost any money in the TARP program, we've covered the costs, had the first 68 paid back, and have a small gain to boot.

BY the way ManyPaths, what a GREAT song.

Fuck you. Fuck you very very much. Please don't stay in touch. Fuck you. Fuck you. Fuck you. da duh da duh da da duh fuck you.

Where are the financial geniuses who have been insisting we sell for the past couple of months? Seems like people who actually started buying in the past two months have made some good money.

#17 | Posted by moder8

only if you have sold..
Me I have been in cash since March 2008..

As Todd Harrison would say "gains are relative losses absolute.."

This will be a "W" shaped recovery. This event is nothing more than a secular bear market rally..

There is money to be made up OR down.

There is money to be made up OR down.

#20 | Posted by Legio
__________________

And there always has been -- smart investors don't listen to the TV pundints. They do their homework and invest based on the facts not some jerks words.

The dow is going up and down faster then McToast's dick when he introduced Palin as his mate.

#6 | Posted by northguy3

I guess you know that because you were hanging on to it.

Most of the rise in the markets lately and into the future is do to inflation. Buy stocks that will benefit from inflation like those linked to commodities. If you don't keep up with Obama's hyper inflation you will need a wheelbarrow of money to buy a loaf of bread.

Financial Wizard Thom

It's just a matter of time before the horrible consequences of these Marxist initiatives

You mean like when that Marxist President Richard M. Nixon took us off the gold standard?

Johnson?

***!!!REPORTED!!!***

for the overly lascivious image in the embedded video, and naughty wordz in the song.

Fuck, I don't even remember what this thread was about any more.

All I see is a semi-expoesd harlot figure and I want to stamp it out...with The Bible.

NAUGHTY, NAUGHTY!

Joseph Stiglitz claims Capitalism has fallen, like the Berlin Wall. Haven't you guys heard?

Now you celebrate Wall Street and people investing for PROFIT?

Socialists are so confused.

this is good news and its too bad that obama wont be able to take advantage of it politically because he said that the market wasnt really a good indicator.
I KNOW I HEARD HIM..of course that was when it was bad ..BUT we do know how his statements usually have an 'expiration date'.

and you libs here are pathetic...if this were on cnn there would have already been at least a dozen comments about how barry inheritied it or the mess left behind.
NO wonder you pricks cant make it on oriielly's internet report.

So now danni does the zero now 'own' the market now? Or just the up days?? Will any bad market turns will have to be because of 'policies of old'. By the way from the duddette who said REPEATEDLY we were in a depression you have proven beyond a shadow of a doubt you know jack shit about economics.

Gonna call out rir because of his forecast? That means you see clear skis ahead and no more corrections, or panics. Tell me "I don't know" danni, where did you learn that there would never be corrections or panics in the markets????????

In the mrkt you are only proven right or wrong by tomorrow, and that's not here yet.

BTW I'm all record saying I hoped/thought thinks would turn up and NOT to short at 6450

I see rasmussen today said hos poll showed 53% of Americans felt anymore gov spending from here, a bad thing.

Also Thirty-six percent (36%) of likely voters now say the United States is heading in the right direction, according to the latest Rasmussen Reports national telephone survey.

Dave the Wanker,

No one with more that 3 functioning braincells is deluded enough to think the Bush Depression is over or even bottoming out yet.

Losers like you are going to have a long time to wallow in Jeff Gannon's girlfriend's failure.

Hey douche bag, you calling it a depression? Stupid fuck

Hey stupid fuck, did you see this headline?

"G-8 Starts Planning to Reverse Stimulus as Economic Recovery Signs Mount "

Some depression dumbass