scheming daemons
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Sun Oct-12-08 07:49 PM
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Dow futures went from about -200 to about +200 over the past 5 or 6 hours.... |
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400 point upward swing.
Something's happening.
G-7 meeting produce something positive?
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Jackpine Radical
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Sun Oct-12-08 07:50 PM
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1. I guess the Aussie market is up Monday AM too. |
lisa58
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Sun Oct-12-08 07:52 PM
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2. I don't mean to be negative but - it ain't Tuesday yet. |
scheming daemons
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Sun Oct-12-08 08:02 PM
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4. Banks are closed tomorrow, but I don't think the market is... is it? |
MercutioATC
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Sun Oct-12-08 08:06 PM
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5. Not worldwide markets, but OUR market is. |
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Edited on Sun Oct-12-08 08:06 PM by MercutioATC
...federal holiday and all...
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BzaDem
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Sun Oct-12-08 08:20 PM
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6. Our market is open tomorrow. |
MercutioATC
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Sun Oct-12-08 08:29 PM
Response to Reply #6 |
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Edited on Sun Oct-12-08 08:51 PM by MercutioATC
:)
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vaberella
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Sun Oct-12-08 07:57 PM
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3. Yup. The G-7 HAVE to work together. So investors are ecstatic right now. |
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Edited on Sun Oct-12-08 08:00 PM by vaberella
I should invest now. In natural gas and what not. If America failed then all the nations would fail, I think only the third world nations would make it out on top. The countries are two converged economically at this point through the stock market that there's no way any country could let the US die.
So I'm sure this is working out. Actually now that I think about it, the bail out would have happened with or without our consent if the G7 and the upcoming G20 result had similar responses from the Government to the stock market. They would all nationalize and take over and give money to that industry.
I think in all the discussions about this economy and the bail out is that we're in a state where all the nations are now like DNA molecules, there's no way of amputating and hoping for the best. Also I think the comparison to the Depression is not something that could ever made or taken seriously.
I say this because during the time of the depression the countries weren't so unbreakably tied. One nation failing would never affect another, not greatly anyway. Now one nation failing and all of them failing. Especially one that is considered the world power, one that has the largest debt that is spread throughout the world. China, England, Japan, Saudi Arabia, and even Australian investors ahve bought our debt. And we're a debtor nation with 300 million people---since we're connected by credit. US falls they all fall. Even if the US is the cause of their own economic disaster.
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Speck Tater
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Sun Oct-12-08 08:28 PM
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7. Asian markets are up so far. NT |
chitty
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Sun Oct-12-08 08:32 PM
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9. Keeping my fingers crossed. |
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We sure could use some positve economic news.
The market being up one day may only be symbolic, but it's gotta help.
At this point I may be at the precipice of losing my business if things don't start to perk up a bit.
It's not good, especially when you've poured your heart and soul into it for 8 years.
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optimisticin08
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Sun Oct-12-08 08:58 PM
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13. i will pray for you!! |
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i hope everything works out ok
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rucky
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Sun Oct-12-08 08:34 PM
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10. Is the market open tomorrow? |
MercutioATC
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Sun Oct-12-08 08:54 PM
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12. To atone for my mistake before, YES, IT IS! |
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One of the two federal holidays on which the market remains open.
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Abacus
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Sun Oct-12-08 08:37 PM
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11. long-legged candle outside of the lower bollinger band |
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some recovery tomorrow is likely. (I posted a more concise version of this Friday)
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DU
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Fri May 03rd 2024, 02:06 PM
Response to Original message |