Feb 23 Dow Watch

[Sandra]

7292.16

 

[Anti Federalist]

Reading the official spin made me nauseous.

On payday. As of now, every day your job doesn't disappear out from under you, it will be because the Obama Administration acted quickly and decisively. Your boss had nothing to do with it, even if he has kept your company afloat for fifty years now. Free market competence is irrelevant. Your company still exists because the White House is our friend and has pumped money indirectly but indubitably into your paycheck. So show your gratitude or get labeled an ingrate.

Wow. Transcribing the official spin made me dizzy.

 

[acptulsa]

What a trend today!

 

[Sandra]

7287.70 Way to go Obama!

 

[Anti Federalist]

Gonna drop below 7000 today?

 

[MsDoodahs]

And Ben speaks tomorrow, doesn't he?

Oh, goodness this is so sad...

 

[Sandra]

Get your predictions in now for today's closing! The winner shall receive the admiration of their peers!

I call 7150 ish.

 

[not.your.average.joe]

On payday. As of now, every day your job doesn't disappear out from under you, it will be because the Obama Administration acted quickly and decisively. Your boss had nothing to do with it, even if he has kept your company afloat for fifty years now. Free market competence is irrelevant. Your company still exists because the White House is our friend and has pumped money indirectly but indubitably into your paycheck. So show your gratitude or get labeled an ingrate.

Wow. Transcribing the official spin made me dizzy.

Where are you getting this from? !! Who said this? !! ( the official statements that is..)

 

[MsDoodahs]

Is Obama and his team this stupid or is this shit intentional?

 

[acptulsa]

Where are you getting this from? !! Who said this? !!

Just me paraphrasing The Assumption They Want You to Make.

 

[torchbearer]

Is Obama and his team this stupid or is this shit intentional?

That will be the question of his legacy.

 

[Bruehound]

Credit equals wealth.

Take out a loan, Citizen, and make your country wealthy.

 

[not.your.average.joe]

Just me paraphrasing The Assumption They Want You to Make.

gotcha. I was late to the thread and thought that i missed something...

 

[MrNick]

7,272.56

 

[nobody's_hero]

Isn't Obama supposed to give a 'state of the union' address this week?

How will the market survive?

 

[eric_cartman]

What a trend today!

ya... ever since the market opened up higher today, it's just been a slow and steady downtrend.

it reminds me of fire drills they did at school... where everyone quietly and calmly lines up and walks out the exits in an orderly fashion and just waits in groups outside waiting for the signal that it's safe to go back inside.

of course in the event of a real fire at a school, i'm sure it would be a stampede out of the school with no one ever going back in.

 

[eric_cartman]

dow:gold ratio right at 7.3 : 1 (i think this ratio is making another new low right now)

 

[LibertyEagle]

 

[MrNick]

I really think the 3 O'clock bounce will work today putting the Dow somwhere close to 0 maybe between -70 and 50.

 

[acptulsa]

Sure looks like someone (with a whole bunch of money to burn) is trying to keep the NASDAQ above 1400. I wish them luck--they'll need it.