Results 1 to 10 of 16
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10-03-2008, 04:08 PM #1
Houses Passes Bill Stocks still down
Gotta love it. It faisl it drops down 700 points. It passes and its still down as we speak. Helping right out already
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10-03-2008, 04:11 PM #2
I am so scared now, there is no way in the long term that this can be benificial to US, the people. it will help the places who get that money, but all of us have to pay for it, i hipe this isnt the situation that nails in the depression into this countrys coffin...
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Dan LeFevour PC 192/283
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10-03-2008, 05:03 PM #3
Judging the results after one day? Seems a tad premature.
This country relies on credit, without credit available very few people will be able to purchase cars, houses, or even start businesses.
No one advocates how these CEOs have run things, but the fact is we are heavily dependent on these institutions.
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10-03-2008, 05:06 PM #4
I guess we'll see. Might be time for me to start selling more instead of spending more...
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10-03-2008, 07:29 PM #5
Stocks droped still because of economic concerns. Isnt that what the bail out was suppsoed to fix
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10-03-2008, 08:32 PM #6
How much longer before we're all socialists?
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10-03-2008, 11:33 PM #7
Stocks when up until the job losses were reported. Bush must have pushed the "job loss" button too soon. :)
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10-04-2008, 08:38 AM #8
Thats why i dont see this bailout helping anything. Theres too many other things that effects it.
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10-04-2008, 01:18 PM #9
I think the reactionism is very telling of the age of the SCF membership. This stuff has happened before. I can remember back in the 70s, fishing in Canada, and my dad freaking out about the bottom falling out of the market... then again with the S&L scandal in the 80s, then of course with the tech stock fall-out in the late 90s.
What I am getting at here is that the market is cyclical. About every five to eight years we have a bottoming-out. Some are worse than others.
There is no need to become a flock of Chicken Littles over this. In fact, in many ways, an over-reactive American public hurts the market more than the actual economic indicators because people lose their heads and spur a massive sell-off.
Of course, these sell-offs are great for those of us who are currently buying in the market (and don't take everything Glenn Beck says as gospel). :-)
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10-04-2008, 04:52 PM #10
The sky is falling the sky is falling lmao
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