jenk
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Mon Dec-15-03 04:07 PM
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The Saddam rally.....Dow falls 20 points |
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Edited on Mon Dec-15-03 04:08 PM by jenk
reality sets in I guess, despite all the cheerleading
anybody who thinks DOW 10,000 is solid as a rock is crazy, I guarantee we'll be under 9,000 by october 04.
I also love how Drudge had "Dow Jump" on his page, then forgot to update it for a while as it showed the dow trickling into the red, then he quickly pulled it. so much for the cheerleading matt!
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BlueEyedSon
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Mon Dec-15-03 04:10 PM
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1. NASDAQ got really crushed (-1.6%) |
HFishbine
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Mon Dec-15-03 04:11 PM
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2. Faux News Talking Heads |
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I feel sorry (not really) from the folks who think they get any kind of unbiased financial information from Faux News. Neal Cavuto and the Faux Friends where having a little circle jerk this morning about how well the market was going to do today. They'll be back tomorrow spouting some more crap and, as always, will never have to account for the previous day's innacuracies.
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Tempest
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Mon Dec-15-03 04:28 PM
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10. Faux News bimbo said Dow would climb 1,000 points today |
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After Saddam was captured she made this statement.
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samsingh
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Mon Dec-15-03 04:13 PM
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3. interesting that the money isn't buying |
displacedtexan
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Mon Dec-15-03 04:14 PM
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is that the dow's jump to 10K seems to be the result of wealthy tax break types' end-of-the-year dividends and their ability to take advantage of foreclosure deals, etc. add that to the military investments, and you've got the kind of temporay improvement we had during vietnam. that recovery sure didn't last, did it? and interest rates rose to 16% before it was over.
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HereSince1628
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Mon Dec-15-03 04:16 PM
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Edited on Mon Dec-15-03 04:18 PM by HereSince1628
And yet more evidence that the idiots that write the stock market news have not one F---ing idea what the real correlations are between DJI behavior and news events.
Can I tell you about where you should invest---SNAKE OIL it has worked miracles for thousands. Ask Mr. Strong. Who cares if Wisconsin's EdVest is fucked because SNAKE OIL lubricates the investment arena?
Let's face it, anything that will serve to transfer wealth from the stupid to the rich is only an act of nature. The survival of the fittest.
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Maeve
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Mon Dec-15-03 04:38 PM
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12. there is another explanation |
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Feel free to get yer :tinfoilhat: on, but....
The folks who know were talking it up...so they could sell. Only the lemmings bought.
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joefree1
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Mon Dec-15-03 04:17 PM
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The polls aren't getting any better for Bush and the stock ain't any better either. Holiday shopping better be hot or Bush's ham will get cooked a little early for this Holiday season. Dean Rocks The House of Blues 7:00 pm ~ 10:00 pm House of Blues 8430 Sunset Blvd. West Hollywood, CA 90069 http://www.deanforamerica.com/site/PageServer?pagename=evite_la1215If you're going check in here: http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=106&topic_id=4536(I'll post pics on Tuesday)
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West Coast Democrat
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Mon Dec-15-03 05:10 PM
Response to Reply #6 |
15. I think it was Cokie Roberts on NPR News things morning |
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who was talking some hogwash about holiday sales going through the roof on the "Saddam Capture" news. Is she on crack?
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Cocoa
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Mon Dec-15-03 04:19 PM
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his captivity is bad for the economy!
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CMT
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Mon Dec-15-03 04:21 PM
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8. I think the downward retail revisions from Walmart |
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probably had more effect on the market than Saddam.
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maggrwaggr
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Mon Dec-15-03 04:27 PM
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9. on MSNBC screen right now, same time: MARKET RALLY, Nasdaq down |
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Idiot whore news media.
This at 1:25 PM Pacific time
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meti57b
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Mon Dec-15-03 04:33 PM
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11. Saddam's capture reminded people of what Iraq has cost us. |
JNelson6563
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Mon Dec-15-03 04:40 PM
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it was wolves manipulating the lemmings. Nothing has changed. A few fools bought early on and were sorry later. Also, money left Treasuries and Gold was up.
Julie
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Old and In the Way
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Mon Dec-15-03 04:46 PM
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Seems to be the best barometer for a consummer oriented economy.
I see nothing that make's me feel bullish on consumer confidence.
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tritsofme
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Mon Dec-15-03 05:12 PM
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16. Everyone was expecting a big jump, |
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Edited on Mon Dec-15-03 05:15 PM by tritsofme
so the big guys on the street sold out on the rally. The Dow gained over a 100 points in the first few minutes of trading.
If youre going to do some profit taking, a good time to do it would be when all the small time investors are expecting a big rally.
Dow 9,000 by next year is incredibly ridiculous barring some major disaster. I think it will be somewhere around 11,000.
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PurityOfEssence
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Mon Dec-15-03 05:15 PM
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17. But...the L.A. Times said the capture was a gut punch to the insurgency |
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and...and...they said it on page one, with supreme confidence...
I...I...just don't know where to turn...
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kodi
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Mon Dec-15-03 05:24 PM
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18. there is nothing quite like voting with your dollars |
bmbmd
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Mon Dec-15-03 05:29 PM
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is an accurate assessment of the situation. Really, absolutely nothing has changed in the past forty-eight hours. There is an old, sick, dirty, dissheveled Saddam who has traded his spider hole for a slightly more elegant hole. Iraq is still occupied. Halliburton is still gouging the public. The bloom is off the rose, and smart investors realize that.
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Fri May 03rd 2024, 02:06 AM
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