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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Occam Bandage Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:48 AM
Original message
9,778.84.
I've lost $17,000 already.
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alcibiades_mystery Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:48 AM
Response to Original message
1. BUY! Double down.
:-)
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Uzybone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:49 AM
Response to Original message
2. Bill Ayers;Turn the page;Jeremiah Wright;Turn the page
Bill Ayers;Turn the page;Jeremiah Wright;Turn the page
Bill Ayers;Turn the page;Jeremiah Wright;Turn the page
Bill Ayers;Turn the page;Jeremiah Wright;Turn the page
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LiberadorHugo Donating Member (557 posts) Send PM | Profile | Ignore Mon Oct-06-08 09:50 AM
Response to Original message
3. Damn...
Now you can't afford to off selfish trolls like Trailer5533.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:51 AM
Response to Original message
4. Can we cut it out with the stock market threads?
Everybody with money in the market has losses at the moment, unrealized or realized. If you want to track it, http://finance.yahoo.com works wonders.

There's a thread in LBN if people have the urge to post every movement the index makes.

This is the presidential election forum.
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MadBadger Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:53 AM
Response to Reply #4
7. And the dow has nothing to do with the Presidential Election
In the words of Clueless...>AS IF
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:56 AM
Response to Reply #7
10. A second by second replay of the DJIA has no reason to be here
We know the stock market is tanking. Where it is at 10:55 AM or 10:56 AM or 10:57 AM does not matter.
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Occam Bandage Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:55 AM
Response to Reply #4
9. This has far, far more to do with the Presidential election than gaffes or speeches.
Hell, I'd go so far as to say that this has more to do with the Presidential election than polling numbers do.

It's the economy, stupid.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 10:04 AM
Response to Reply #9
12. DJIA is not the "economy"
That's my whole problem with it. Yes, the trend downwards by about 25% over the past year is pointing to an obvious weakness in corporate America, but daily or hourly speculation on Wall St is given far too much attention by the media and this forum. If I wanted financial porn I would turn on CNBC.
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Occam Bandage Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 10:06 AM
Response to Reply #12
13. Never said it was. It's simply one indicator, and a rather visible one.
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calmblueocean Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:51 AM
Response to Original message
5. Wow. Although, you might regain a lot of that by the close of the day.
It's possible anyway.

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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 09:51 AM
Response to Original message
6. 10,000 was such a majorly psych out barrier
It could go down to 8000 this week.
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JohnMcCant2008 Donating Member (464 posts) Send PM | Profile | Ignore Mon Oct-06-08 09:54 AM
Response to Reply #6
8. My feelings exactly
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Marrah_G Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 10:01 AM
Response to Original message
11. It's starting to rise again
Just hang on, it's going to be a crazy day.

I'd bring you a glass of wine if I could !

I'm thinking my boss is going to take a LONG lunch.
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Johnny2X2X Donating Member (356 posts) Send PM | Profile | Ignore Mon Oct-06-08 01:55 PM
Response to Original message
14. Indicator
Unfortunately perception is reality and the perception in this country at this time is that how the Stock markets go, so goes the economy. In reality the Markets are just a small component when evaluating the economy. This coupled with the dismal job numbers reported last week have Americans terrified. It is especially shocking to people since they expected the Markets to rise after the Bail Out was passed. We were thinking this would reassure investors and allow for more optimistic speculation.

I know poor economic indicators at this time help Obama and hurt McCain, but this is the welfare of our Country we're talking about. I wish people would refrain a little from acting like cheerleaders for the impending collapse of the Economy. Its not something to be hoped for. People are losing their jobs, their homes, and their security. I fear this is just the start and this crisis will deepen further for the next 2 to 3 years. Some of the fundamental ways we do business in the Country need to be changed in order to recover and I haven't begun to see them being addressed yet. AS I type the markets are down 792 points. This means investors (the American people) have lost another $1.3 Trillion Dollars today. Thats not something to celebrate.
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