General Discussion

a kennedy

(29,606 posts) Thu Aug 15, 2013, 10:08 AM Aug 2013

Whew, so glad GD is back.....I need a place to whine and cry about the DOW Jones today....

and what the h*ll is going on, I thought there was good economic news??

Thursday’s Trading:

Dow -190.84

7 replies

= new reply since forum marked as read

Highlight:

Whew, so glad GD is back.....I need a place to whine and cry about the DOW Jones today.... (Original Post) a kennedy Aug 2013 OP

in finance, it seems to always be bizarro world... NRaleighLiberal Aug 2013 #1

perhaps good news is not what the investor class has bet on. nashville_brook Aug 2013 #2

GD unavailable, the DOW dropping... Coincidence? Buns_of_Fire Aug 2013 #3

well there was a Doomsday thread yesterday neverforget Aug 2013 #4

LOL! Good one! - nt HardTimes99 Aug 2013 #5

I think it's that the markets were a bit 'overbought' and now Macy's and HardTimes99 Aug 2013 #6

Look at the 10yr yield taught_me_patience Aug 2013 #7

NRaleighLiberal

(60,006 posts)

1. in finance, it seems to always be bizarro world...

Reply to a kennedy (Original post)

Thu Aug 15, 2013, 10:10 AM

Aug 2013

you read Yahoo finance and there is a "market about to crash" article right above a "this is the time to buy" article.

Hard to not think it is all a steaming pile of bullshit.

nashville_brook

(20,958 posts)

2. perhaps good news is not what the investor class has bet on.

Reply to a kennedy (Original post)

Thu Aug 15, 2013, 10:15 AM

Aug 2013

Buns_of_Fire

(17,148 posts)

3. GD unavailable, the DOW dropping... Coincidence?

Reply to a kennedy (Original post)

Thu Aug 15, 2013, 10:53 AM

Aug 2013

..... Yeah, probably so. If my thoughts had any effect on things, DICK Cheney and Lloyd Blankfein would have spontaneously combusted LONG before now.

neverforget

(9,436 posts)

4. well there was a Doomsday thread yesterday

Reply to a kennedy (Original post)

Thu Aug 15, 2013, 10:59 AM

Aug 2013

HardTimes99

(2,049 posts)

5. LOL! Good one! - nt

Reply to neverforget (Reply #4)

Thu Aug 15, 2013, 11:01 AM

Aug 2013

HardTimes99

(2,049 posts)

6. I think it's that the markets were a bit 'overbought' and now Macy's and

Reply to a kennedy (Original post)

Thu Aug 15, 2013, 11:02 AM

Aug 2013

WalMart have each missed analyst's earning expectations. Right now, markets seem to be in "Buy the rumor, sell the news" mode. Just a guess, though.

taught_me_patience

(5,477 posts)

7. Look at the 10yr yield

Reply to a kennedy (Original post)

Thu Aug 15, 2013, 11:05 AM

Aug 2013

up to 2.8%. That hissing sound is this latest housing bubble popping.

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