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DOW falls off the cliff again... down 680.

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:35 PM
Original message
DOW falls off the cliff again... down 680.
wow...
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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:38 PM
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1. Pump and Dump....
Expect wild swings through the end of the year as Hedge Funds raise cash for end-of-year withdrawal requests.
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enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 06:23 PM
Response to Reply #1
4. dollar
Expect thwe dollar and the yen to surge during this period, as those who sell hedgefund and margin assets buy up dollars and yen to do so. Then the dollar should go south.
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dogindia Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:43 PM
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2. Paulson and Bernanke spoke today. Obama spoke foreign policy. n/t
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:44 PM
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3. I said this in another thread-Those fuckers did this to themselves-No pity here.
:nopity:
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PassingFair Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 09:03 PM
Response to Reply #3
5. This will take all of us down, though.
I have nothing to lose in stocks, but
here in Michigan, we are entering into
something very like a depression.
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 11:59 PM
Response to Reply #5
6. I have all the sympathy in the world for all of us who will take the brunt of the Great Depression 2
I just don't feel sorry for the jerks who brought this on and had the nerve to ask and get a bailout of epic proportions that only further hurts the middle class-the very people who pay the majority of the taxes in this country. :grr:
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