Oh, and the Dow's down 300 points

[Cruzan]

Just a head's up.

[fascisthunter]

1. Interesting How the Markets Gets Pumped Up

in the beginning of the week only to slowly but surely go back to where it was the Friday before. Well, approximately....

[mr_hat]

6. Dude. When I hit the Hamptons every Friday afternoon, >

I put the little people's losses behind me.

[fascisthunter]

9. Someday those "little people" will Catch Up to You

then you'll have to face them like a man.

[mr_hat]

30. About the same time the sarcasm icon police do, I reckon.

[Virginia Dare]

2. Huh? How can that be?

shrubby told me yesterday everything was fine.

[shaniqua6392]

5. It is just a widdle slowdown!!

That is what Georgie Boy said yesterday, so it must be true. He was also extremely surprised at the fact that gas prices are going to be $4.00 a gallon by spring.

[uppityperson]

3. I noticed too. Seems it is not contoversial or sexy enough or something for many replies.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=2942792&mesg_id=2942792

[Virginia Dare]

7. Yeah, I guess the economy going into the shitter isn't very sexy..

where's a Brittney thread when you need it?...:rofl:

[Matariki]

10. Or maybe because it's been UP more than 300 points in the past month too?

At 12,300 it's still higher than some days in this month alone.

[Zywiec]

12. No one here cares about anything good, only the bad

Haven't you heard that misery loves company?

See how many posts there were last Friday when the DOW closed up almost 200 points.

<cue the crickets>

[Matariki]

13. DU schadenfruede.

go figure.

[sepulveda]

23. it's ALL good

if your a trader you make money off volatility - down or up doesn'tmatter

for longer term investors, selloffs often offer opportunity to find value

this is very healthy for the market. what would be REALLY healthy would be another 1-2k down on the dow to flush out weak hands, reestablish some value, and get the credit risk crisis mostly unwound.

not sayingits gonna happen, but it would be nice

[tabasco]

35. The Dow is up less than 2000 points in the last 7 1/2 years.

Is that enough good news for you?

[FreeStateDemocrat]

33. For the month, the S&P 500 finished down 3.5%, while the Dow finished 3.0% lower and the Nasdaq

finished 5.0% lower.

[nadinbrzezinski]

34. and that is what I have been looking at

the daily gyrations are fun... but it has been down for the year

[Matariki]

36. True, But it's also EXACTLY at the same place it was end of Feb last year.

Anyway, I was just commenting on why the DJIA down today isn't really *sexy* news.

[FreeStateDemocrat]

44. Context is that despite emergency rate cuts and massive infusion of money by

the Fed, it is well below the October 9, 2007 close of 14164. The potential resulting damage to the working class by these actions in generating an inflationary spiral is very troubling. But you are right the 300 pt drop, in and of itself, is not really that significant but coupled with all the other factors it makes me concerned.

[lonestarnot]

4. Darn, and I didn't have any money to loose?

:shrug:

[Cruzan]

8. I shorted LYV and made $150

:bounce: :bounce: :bounce: :bounce: :bounce:

[On the Road]

24. Nice.

Wish I could do that. Watch for a short squeeze, though -- the market has been choppy and Live Nation shorts are 17% of float.

[Cruzan]

41. It happened to form a textbook setup

So it was just a matter of having the balls to make the trade.

[lonestarnot]

28. LYV? What's that?

[Cruzan]

29. Stock symbol for

Live Nation, Inc.

[lonestarnot]

31. Oh.

Thanks :P

[ORDagnabbit]

11. 320 now. thought about gold and silver lately? :)

[superkia]

14. If you have the means, thats the way to go before it gets crazier.NT

[BeHereNow]

16. Every day!

I bought way back when.
So very glad I did...
BHN

[sepulveda]

25. the time to buy gold and silver

was $600 an ounce ago

here's a general hint: buy when everybody hates it and sell when everybody loves it

works for gold, oil, stocks, real estate, etc.

rinse, lather repeat.

no way in heck am i calling a top in gold, i just find it funny how everybody loves gold at 950+ and everybody hated it at 300

from an investment angle - see above advice

for trading- you can buy high and sell higher. but that is not recommended for retail

they tend to buy tops and sell bottoms

[slipslidingaway]

38. Welcome to Democratic Underground....

:hi:

"...here's a general hint: buy when everybody hates it and sell when everybody loves it

works for gold, oil, stocks, real estate, etc..."


You might find this site interesting.
http://contraryinvestor.com/mo.htm

[Matariki]

39. Especially avoid investments being hyped on the radio

just my opinion.

[BeHereNow]

15. But there are BASE BALL players using DRUGS!!!!

You REALLY need to get your priorities straight.
You DO know the American Idol elimination was a "tearful one"
I saw it on the Yahoo home page- Don't YOU check the important news????
Miley Cyrus guzzled ketchup on the Leno show!
There's also an important story about how
your iPod can raise your IQ!

I mean hell!
Pay attention to what MATTERS!!!!
:sarcasm: intended,

BHN

[formercia]

17. They must have read my post:

:rofl:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=2941059&mesg_id=2941480

[ret5hd]

32. Yeah, but you said gold was crashing too.

How'd that work out for ya?

[formercia]

42. If I could tell the future, I wouldn't be here.

The fellow who originally wrote the article was wrong. I just posted it.

So, if you're so smart, how come you're not rich?

[Xenotime]

18. Goodbye American Economy

[formercia]

20. Pumping and dumping on the road to Hell.

one step at a time. It's all down hill.

[BeHereNow]

21. And hello New World Order where you TOO can be a serf!

Pick a castle, any castle, the global elite own them all
and they are looking for a few good serfs to work the fields,
wash their cars, paint their fences and such.
Apply today and spend the rest of your life
paying off those debts because the rich must grow richer!

BHN

[nadinbrzezinski]

19. It is where it started the week

funny... really funny

One of these days it will cross the 11,000 poiints

We know that publicans are very good for the economy, really

:sarcasm:

Reality is that since the start of the year it has moved in a very narrow band... that's it

[sepulveda]

22. if yer a trader

today was manna from heaven. a steady trend day down.

across the board weakness except for soy and gold

TRIN close 2.59
Adv/Decl .15

[Warren Stupidity]

26. Don't worry, "plunged based on data".

See, Wall Street is just reacting to the data. That's stupid. They should listen to our pretzledent and follow his example. Real murkins aren't concerned with 'facts' and 'data'.

[DainBramaged]

27. Look to see the Dow at or below 10,000 by the time the Chimp leaves

[KharmaTrain]

37. A Confusing Market...

I'm sure the market still finished the week on the "up", but it's still not a good thing to plunge neraly 350 points...with most of it during the final trading hours of the week. Monday could be quite a wild ride.

The rise in oil and consumer prices is shutting this economy down...and don't let the corporate media say different. The "big shitpile" credit crunch is shutting off whatever extra consumer spending...everyone's battened down the hatches. Oil rises, the dollar continues to fade against the Euro and the debt grows larger...there's only so much funny money Helicopter Ben can fly into the Fed to stave off the inevitable busts that are sure to happen due to this recession/depression.

[Matariki]

40. 8 recommends for saying the Dow is down 300 point?

funny.

[lonestarnot]

43. a rec is not made for simply the op when I hit it. Sorry.

The content of the entire thread should be considered when rec. a thread at least that is what I do. :shrug: