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DOW Drops another 100 points today

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brettdale Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:25 PM
Original message
DOW Drops another 100 points today
I think the MSM, must of got another memo, there isnt much on the web about it.
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MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:27 PM
Response to Original message
1. QUICK---fire the Secretary of the Army!!!!!! Don't talk about that stock markety thing!!!!!!
That gets my selfish, greedy base all upset...
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:36 PM
Response to Reply #1
4. Self-delete
Edited on Fri Mar-02-07 04:37 PM by KansDem
Posted in the wrong place
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:30 PM
Response to Original message
2. It's being ignored, even though they lost 1% today. her's what Yahooo says..
"Stocks stumbled in the final session of a tumultuous week Friday as the yen rallied against the dollar and concerns about the U.S. economy still dogged investors following Tuesday's huge drop."
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The Cleaner Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:36 PM
Response to Original message
3. That jackass Jim Kramer from Mad Money said BUY
just after the first drop hit. I never trust those talking head assholes. They said "buy" during the tech crash too, and look what happened.

I believe it was yesterday when NBC Today brought someone else on to talk up the stock market, it's gonna go back up in 2007 later on, etc. etc.

Bunch o' crap!
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 06:44 PM
Response to Reply #3
11. When Everyone Screams "Buy" on TV
it's time to head for the exits. It's compeletely irresponsible the way that they disregard their viewers' financial interests.
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tritsofme Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:39 PM
Response to Original message
5. It always makes me smile around here
Edited on Fri Mar-02-07 04:40 PM by tritsofme
When there is a strong bull market it is nothing but smoke and mirrors and the rich getting richer.

But when the bears come into town and we have a correction in the markets it is indicative of a calamity.
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:39 PM
Response to Original message
6. Another glitch?
I would've thought they'd have their systems glitchless by now...
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Nikki Stone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:41 PM
Response to Original message
7. How much of this is a result of Greenspan opening his trap and crying "Recession!"
These people are trying to destroy the economy.
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bahrbearian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:44 PM
Response to Reply #7
8. Greenspan can finally talk and tell the truth. since he can blame
Bernanke now.
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central scrutinizer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 04:46 PM
Response to Original message
9. It's much closer to playing poker than to economics
The talking heads bloviate every day about some bullshit to try to explain what happens, but it is all psychology - speculators trying to guess what other people will do so they can get a tiny bit ahead of them.
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-02-07 05:02 PM
Response to Original message
10. DOW investors must have seen this film clip on Money as Debt
Edited on Fri Mar-02-07 05:03 PM by EVDebs
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