Maeve
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Tue Sep-30-08 06:50 AM
Response to Reply #25 |
| 33. And yourself, as well |
|
A little perspective about the markets...in 1929, the market lost 13% on Black Monday and 12% the following day. At the bottom, it had lost 89% from the peak. Likewise, in 1987, it dropped 22.6% in one day. This is closer to the drop after 9/11 (7.1% in a day, 14.3% in a week). Okay, I expect more losses for a while and a wave of regulation in the Obama administration that will help right the ship of finance. Patience. As I've said many times, if you're in the stock market, buy Tums.
We've been expecting a bubble burst and those things are messy.
|
| -STOCK MARKET WATCH, Tuesday September 30 |
ozymandius |
Sep-30-08 04:21 AM |
#0 |
 -
Market WrapUp |
ozymandius |
Sep-30-08 04:25 AM |
#1 |
  -
Morning, ozy! Anyone notice this on the GOP platform site? |
Roland99 |
Sep-30-08 04:39 AM |
#8 |
| -
I had not read that until you posted it. |
ozymandius |
Sep-30-08 04:48 AM |
#11 |
| -
Doesn't say much for ol' McCain, though, eh? |
Roland99 |
Sep-30-08 06:06 AM |
#29 |
| -
He's the only politician I've ever seen who so willingly spews detritus out both ends. |
ozymandius |
Sep-30-08 06:56 PM |
#139 |
| -
actually, yup. |
snot |
Sep-30-08 04:57 AM |
#15 |
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It was on DU's front page, too, a few days ago. |
Tansy_Gold |
Sep-30-08 06:12 AM |
#31 |
| -
Today's Reports |
ozymandius |
Sep-30-08 04:27 AM |
#2 |
| -
Consumer confidence expected to take a hit |
UpInArms |
Sep-30-08 07:28 AM |
#40 |
| -
U.S. Sept. Chicago PMI 56.7% vs 57.9% in Aug. |
UpInArms |
Sep-30-08 09:17 AM |
#63 |
| -
U.S. Sept. consumer confidence 59.8 vs 58.5 in August |
UpInArms |
Sep-30-08 09:18 AM |
#64 |
| -
What are we smokin? n/t |
54anickel |
Sep-30-08 09:39 AM |
#73 |
| -
Relief That the World Did Not End on Monday? |
Demeter |
Sep-30-08 11:44 AM |
#98 |
| -
I wouldn't think Monday would have come into play for the numbers yet. Maybe it was McCain's |
54anickel |
Sep-30-08 12:39 PM |
#107 |
| -
Oh my, check out the video that surfaced on DU today - the fundamentals of our economy....Bwahaha |
54anickel |
Sep-30-08 12:56 PM |
#111 |
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Oh, it needs to end with some quote of his that we're in a crisis. |
Roland99 |
Sep-30-08 01:12 PM |
#114 |
| -
Oil falls as traders weigh US bailout rejection |
ozymandius |
Sep-30-08 04:30 AM |
#3 |
| -
worries that the financial crisis would drag on global growth ... |
radfringe |
Sep-30-08 05:07 AM |
#19 |
| -
Too bad Greenscam isn't around to create the coffee can bubble. |
ozymandius |
Sep-30-08 05:13 AM |
#22 |
| -
If I had the money |
radfringe |
Sep-30-08 05:28 AM |
#27 |
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The credit crunch may mean the end of bubbles, for now, but this may be the next.. |
girl gone mad |
Sep-30-08 05:56 AM |
#28 |
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Fannie, Freddie disclose subpoenas, investigations |
ozymandius |
Sep-30-08 04:33 AM |
#4 |
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Why *any* Bailout will be an EPIC FAIL! |
Roland99 |
Sep-30-08 04:36 AM |
#5 |
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I wholly agree with the spirit and substance of your screed. |
ozymandius |
Sep-30-08 04:46 AM |
#10 |
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Ah, thank you for the kind words. |
Roland99 |
Sep-30-08 04:49 AM |
#12 |
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I've been trying to tell folks about that stuff |
Warpy |
Sep-30-08 06:59 AM |
#34 |
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How much work/time would it take to "unwind" the MBSs and separate the wheat from the chaff? |
Roland99 |
Sep-30-08 07:53 AM |
#44 |
| -
GMTA |
Tansy_Gold |
Sep-30-08 09:10 AM |
#62 |
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That's the underlying issue, the bad stuff |
DemReadingDU |
Sep-30-08 12:03 PM |
#104 |
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I read that when you posted yesterday. Didn't have time to comment. |
Dr.Phool |
Sep-30-08 07:23 AM |
#38 |
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Thanks, Dr. My fear is that they'll rush something just as horrid due to "election season" |
Roland99 |
Sep-30-08 08:08 AM |
#45 |
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Will do. |
Dr.Phool |
Sep-30-08 08:57 AM |
#56 |
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Oh, have at it!!! |
Roland99 |
Sep-30-08 09:03 AM |
#58 |
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Great post there Roland! I also agree with your sentiment further down about the |
54anickel |
Sep-30-08 09:53 AM |
#76 |
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Yeah...perish the thought of interviewing people who might, oh, I dunno...have a clue?! |
Roland99 |
Sep-30-08 12:00 PM |
#103 |
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I agree, too. |
Birthmark |
Sep-30-08 11:31 AM |
#96 |
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:) |
Roland99 |
Sep-30-08 11:59 AM |
#102 |
| -
Stock futures WAY to the upside. Hello, Sucker Rally. |
Roland99 |
Sep-30-08 04:37 AM |
#6 |
| -
Wall Street to Rally on Renewed Hope |
ozymandius |
Sep-30-08 05:05 AM |
#18 |
| -
White House, lawmakers plan new bailout deal |
ozymandius |
Sep-30-08 04:37 AM |
#7 |
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In Bailout Vote, a Leadership Breakdown |
ozymandius |
Sep-30-08 05:00 AM |
#16 |
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Keep up the pressure. |
Dr.Phool |
Sep-30-08 07:30 AM |
#41 |
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Follow the money |
54anickel |
Sep-30-08 11:52 AM |
#99 |
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Which is why I am a proponent of publicly funded elections. |
ozymandius |
Sep-30-08 07:00 PM |
#140 |
| -
Add More Lipstick! |
Demeter |
Sep-30-08 07:49 PM |
#142 |
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Well, here's Michael Moore's reaction to yesterday, in case you missed it: |
Hissyspit |
Sep-30-08 04:41 AM |
#9 |
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Common sense reluctantly won this round. |
ozymandius |
Sep-30-08 04:55 AM |
#13 |
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The press focus is on the GOPer No vote |
Robbien |
Sep-30-08 06:14 AM |
#32 |
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And from Ross Perot, fwiw |
Roland99 |
Sep-30-08 04:56 AM |
#14 |
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exactly, other alternatives |
DemReadingDU |
Sep-30-08 07:22 AM |
#36 |
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lol... that toon |
radfringe |
Sep-30-08 05:01 AM |
#17 |
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Keep on drawing, rad. |
ozymandius |
Sep-30-08 05:09 AM |
#20 |
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thanks! |
radfringe |
Sep-30-08 05:10 AM |
#21 |
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Message is far more potent than technique. |
Gregorian |
Sep-30-08 11:22 AM |
#94 |
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How Your Tax Dollars Are Spent |
ozymandius |
Sep-30-08 05:16 AM |
#23 |
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Debt: 09/26/2008 9,889,199,531,449.08 (UP 39,949,565,065.16) (&no bailout yet) |
Festivito |
Sep-30-08 05:18 AM |
#24 |
| -
Debt: 09/29/2008 9,945,578,231,981.59 (UP 56,378,700,532.51) (not including the Fed) |
Festivito |
Sep-30-08 05:52 PM |
#135 |
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Isn't |
tama |
Oct-01-08 01:44 AM |
#145 |
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The debts are loan papers. neither stocks nor bonds. |
Festivito |
Oct-01-08 05:42 AM |
#146 |
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Have a nice day everyone. |
ozymandius |
Sep-30-08 05:22 AM |
#25 |
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We'll (try to) leave the light on for ya. |
Roland99 |
Sep-30-08 06:07 AM |
#30 |
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And yourself, as well |
Maeve |
Sep-30-08 06:50 AM |
#33 |
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Sage, as always. |
ozymandius |
Sep-30-08 06:53 PM |
#138 |
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Fed Pumps Further $630 Billion Into Financial System (update 3) |
radfringe |
Sep-30-08 05:23 AM |
#26 |
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Right now we need a picture of Bernanke cranking out dollars from |
mrdmk |
Sep-30-08 07:11 AM |
#35 |
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Does this mean the 700 Billion bailout is now dead? |
apnu |
Sep-30-08 08:27 AM |
#46 |
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And what was the result of that huge infusion of $$$? I mean, it's close to the $700 Billion they |
54anickel |
Sep-30-08 12:22 PM |
#105 |
| -
dollar chart |
UpInArms |
Sep-30-08 07:22 AM |
#37 |
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Money markets stay locked; o/n rate soars |
UpInArms |
Sep-30-08 07:26 AM |
#39 |
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And Now A Note from the Crazies: The Fed Needs To Cut Interest Rates To Zero |
UpInArms |
Sep-30-08 07:35 AM |
#42 |
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Morning Marketeers..... |
AnneD |
Sep-30-08 07:44 AM |
#43 |
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Pre-opening pie-hole noise |
TOJ |
Sep-30-08 08:28 AM |
#47 |
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Caffeine?? |
not fooled |
Sep-30-08 11:00 AM |
#90 |
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~09:45 EDT: Up 200+ on the Dow. |
Prag |
Sep-30-08 08:44 AM |
#48 |
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Just kidding about the threat yesterday. |
RUMMYisFROSTED |
Sep-30-08 08:44 AM |
#49 |
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Emergency? Did we say there was an emergency? |
Prag |
Sep-30-08 08:47 AM |
#51 |
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Indeed. |
RUMMYisFROSTED |
Sep-30-08 08:50 AM |
#53 |
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Stocks up 222 |
DemReadingDU |
Sep-30-08 08:45 AM |
#50 |
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It's a crisis, lemme tell ya! |
Prag |
Sep-30-08 08:48 AM |
#52 |
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The DOW is not the be-all-end-all indicator of the health of the markets. |
Barack08 |
Sep-30-08 08:57 AM |
#57 |
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The Ted Spread measures FEAR, currently 3.43 |
DemReadingDU |
Sep-30-08 09:10 AM |
#61 |
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Thank you! |
Barack08 |
Sep-30-08 09:26 AM |
#65 |
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Bargain shoppers always bump it up after a big sell off |
nolabels |
Sep-30-08 09:29 AM |
#67 |
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Perhaps Not, But It Sure Puts the Urgency To a Lie |
Demeter |
Sep-30-08 11:56 AM |
#100 |
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How about even better closing numbers? Up nearly 500. |
mbperrin |
Sep-30-08 07:14 PM |
#141 |
| -
We're Screwn |
Bleachers7 |
Sep-30-08 09:08 AM |
#60 |
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Presidential Daily Briefing 6 August 2008 |
muleboy303 |
Sep-30-08 08:53 AM |
#54 |
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Heh. Good one. nt |
there-s a |
Sep-30-08 08:56 AM |
#55 |
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thankya ... i wish i could PhotoShop |
muleboy303 |
Sep-30-08 09:04 AM |
#59 |
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Here you go |
Col Jack D Ripper |
Sep-30-08 10:22 AM |
#79 |
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EXCELLENT |
muleboy303 |
Sep-30-08 10:55 AM |
#89 |
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Sound |
not fooled |
Sep-30-08 11:03 AM |
#91 |
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Pool winner.....? |
MadinMo |
Sep-30-08 09:26 AM |
#66 |
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Nope. They won and it's permanent... |
Prag |
Sep-30-08 09:30 AM |
#68 |
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We could have a pool for the lowest point in Bush's terms |
DemReadingDU |
Sep-30-08 10:25 AM |
#80 |
| -
Yes, you had mentioned that earlier. |
Prag |
Sep-30-08 10:33 AM |
#83 |
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You could do that.... |
AnneD |
Sep-30-08 12:48 PM |
#108 |
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How about -- How Low Will it Go? |
MadinMo |
Sep-30-08 10:39 AM |
#86 |
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Either one would be good. |
Prag |
Sep-30-08 10:44 AM |
#88 |
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Hey, that was my idea from yesterday! |
Roland99 |
Sep-30-08 11:07 AM |
#92 |
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We Could Go For The NEXT Time It Crosses the Start Line Wrong-Way |
Demeter |
Sep-30-08 11:58 AM |
#101 |
| -
It's already passed the Great Reset point. |
Prag |
Sep-30-08 12:52 PM |
#110 |
| -
Krugman: People I agree with, part 1 |
antigop |
Sep-30-08 09:31 AM |
#69 |
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Krugman: People I agree with, part two |
antigop |
Sep-30-08 09:38 AM |
#72 |
| -
Link to Galbraith article that Krugman references |
antigop |
Sep-30-08 09:58 AM |
#78 |
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Why are none of these economists talking about separating out the packaged securities? |
Roland99 |
Sep-30-08 09:54 AM |
#77 |
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there are no "good" loans - this is about CDOs and derivatives |
UpInArms |
Sep-30-08 06:15 PM |
#136 |
| -
Krugman: Where will the money come from? |
antigop |
Sep-30-08 09:33 AM |
#70 |
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Krugman: Overfed? (Fed's balance sheet) |
antigop |
Sep-30-08 09:36 AM |
#71 |
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~10:45 EDT: Up... It's feeling better. May even go for a walk. |
Prag |
Sep-30-08 09:39 AM |
#74 |
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10:48am - We're Gonna Fly Now! |
Roland99 |
Sep-30-08 09:49 AM |
#75 |
| -
Help me out, why the sudden confidence? |
apnu |
Sep-30-08 10:25 AM |
#81 |
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Seriously doubt it. More like the whiners are waking up and realizing they were....whiners. |
Roland99 |
Sep-30-08 10:35 AM |
#84 |
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I suspect you're correct. |
Prag |
Sep-30-08 10:37 AM |
#85 |
| -
Gold down $23 so far today. |
Bleachers7 |
Sep-30-08 10:31 AM |
#82 |
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It's still up over $40 the last two weeks. |
Dr.Phool |
Sep-30-08 10:40 AM |
#87 |
| -
10 years ago, Molly Ivins said.... (Molly was right) |
antigop |
Sep-30-08 11:11 AM |
#93 |
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Molly and Dingell had it right |
antigop |
Sep-30-08 11:24 AM |
#95 |
| -
What a great Obama campaign quote from Gramm |
TOJ |
Sep-30-08 01:01 PM |
#112 |
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That's exactly what I thought when I read that passage. |
Prag |
Sep-30-08 01:05 PM |
#113 |
| -
And neither will Obama. |
amandabeech |
Sep-30-08 04:38 PM |
#131 |
| -
These People are Friggin' Insane. |
Tandalayo_Scheisskopf |
Sep-30-08 11:37 AM |
#97 |
| -
Remember this? Mar. 29: Treasury Secretary to call for sweeping regulation overhaul |
antigop |
Sep-30-08 12:36 PM |
#106 |
| -
And the related article - Treasury regulatory blueprint hobbled from the start |
54anickel |
Sep-30-08 01:31 PM |
#115 |
| -
~13:45 EDT: Wolf? (Up more than 300) |
Prag |
Sep-30-08 12:51 PM |
#109 |
| -
~15:00 EDT: Up still more... (approx 380 on the Dow) |
Prag |
Sep-30-08 02:03 PM |
#116 |
| -
+410....+392....last half hour. |
Roland99 |
Sep-30-08 02:38 PM |
#119 |
| -
With bailout plan, a first glimpse at candidates' management styles |
54anickel |
Sep-30-08 02:16 PM |
#117 |
| -
(Hedge Fund) Year-end redemption requests loom over industry |
Roland99 |
Sep-30-08 02:37 PM |
#118 |
| -
Oh my, it appears there are ticking time-bombs throughout the system. This crisis has been sitting |
54anickel |
Sep-30-08 03:06 PM |
#121 |
| -
The run on hedge funds was Roubini's next concern. |
Roland99 |
Sep-30-08 03:26 PM |
#122 |
| -
You know, I wonder where'd we be if Paul O'Neill remained Treasury Sec'y and... |
Roland99 |
Sep-30-08 03:28 PM |
#123 |
| -
My gut feels that Paulson is going to be the dictator king |
DemReadingDU |
Sep-30-08 03:35 PM |
#124 |
| -
They remind me of the "Jewish Suicide Team" in "The Life of Brian". |
Dr.Phool |
Sep-30-08 05:25 PM |
#134 |
| -
Love his explanation of exponential growth and compounding. The Money is Debt series touched on it |
54anickel |
Sep-30-08 11:00 PM |
#143 |
| -
ARRRRRGH!!! I skipped to chapter 19 Future Shock. It's really nasty to get someone |
54anickel |
Sep-30-08 11:20 PM |
#144 |
| -
Martenson has been reliable all summer, every couple weeks |
DemReadingDU |
Oct-01-08 07:02 AM |
#147 |
| -
Thanks, he's done a great job, caught most of them last night since I couldn't sleep anyway. Like |
54anickel |
Oct-01-08 08:13 AM |
#148 |
| -
martenson does a great job in these videos |
DemReadingDU |
Oct-01-08 08:34 AM |
#149 |
| -
Just before the close...markets call mulligan |
Roland99 |
Sep-30-08 02:59 PM |
#120 |
| -
So, if it was the non-passage of the bill that caused the "problem" yesterday |
TalkingDog |
Sep-30-08 03:39 PM |
#125 |
| -
So what's the urgency to pass this bill? |
DemReadingDU |
Sep-30-08 03:56 PM |
#126 |
| -
They've looked into each others' eyes and seen |
Karenina |
Sep-30-08 04:14 PM |
#128 |
| -
There is talk of bringing it up later in the week |
CatholicEdHead |
Sep-30-08 03:58 PM |
#127 |
| -
I think the credit market is in a bad way though |
Mojorabbit |
Sep-30-08 04:21 PM |
#130 |
| -
Bargain hunting? Computer program buying? Hope that Thur. brings passage of a new bill. |
Roland99 |
Sep-30-08 04:16 PM |
#129 |
| -
Like gamblers markets thrive on action |
fedsron2us |
Sep-30-08 05:02 PM |
#133 |
| -
Bank rates soar on cash dash, cenbanks supply funds |
Ghost Dog |
Sep-30-08 04:45 PM |
#132 |
| -
At the close: how thick can some get? |
ozymandius |
Sep-30-08 06:45 PM |
#137 |
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