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xfundy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-20-08 06:17 PM
Original message
Tomorrow's Meme prediction:
"Stock market in recovery! OK to vote McBush!"

(Just overheard some talking head saying the market went up 400 pts today. Anyone taking bets? I could sure use some money.)
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-20-08 06:20 PM
Response to Original message
1. The timing is all wrong for that. If it had been a month ago & it really
was a turn around, maybe, but it's too little too late. It would have to go up by 3000 pts in the next 2 weeks. Nevah.
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central scrutinizer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-20-08 06:25 PM
Response to Original message
2. there have been too many wild swings in the past three weeks
Remember the 900 point gain a few days ago? Nobody else remembers it either. Today's +400 is tomorrow's -500 as "investors" take their profits.
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-20-08 06:27 PM
Response to Reply #2
3. Yep... everyone's a day trader right now...
Riding the waves... cowabunga, dude!

:)

When it finally hits bottom, somewhere between 7800 and 8400, it will take a very long time to gain 500 points. This wild ride isn't over by a long shot.

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BlueIdaho Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-20-08 06:29 PM
Response to Original message
4. Anyone go grocery shopping lately?
That's the market that's scaring the shit out of middle America right now... How much has the cost of bag of groceries gone up since the end of August where you live?
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Lerkfish Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-20-08 06:39 PM
Response to Original message
5. Obama is a secret freemason!
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