"Anthony Fremont" wrote in
:
flipper wrote:
On Thu, 2 Oct 2008 12:38:40 -0500, "Anthony Fremont"
wrote:
Jim Thompson wrote:
She-e-e-esh ****!
http://www.bloomberg.com/apps/news?p...vyGN8L2k&refer
=us
Are you surprised? Good thing the Senate jumped in to save the
economy, now the market is down 300.....dickheads.
And you think it would be 'up' if there was no bill?
It was yesterday, wasn't it? Oh that's right, it's only because of the
hope of the bill still becoming law. Now that there's really hope for
the bill, why is the market tanking? In case you hadn't noticed, the
dollar posted its strongest gains in over 5 years when their was no
bill. The price of oil also fell. Do you think these things were bad?
Jim Cramer noted that China, Brazil, Russia, and India have jsut about
stopped orders for coal and so on, because they are also suffering inflation
and other monetary woes. He also noted that hedge fund redemptions have ben
coming doe thsi quarter. SO many stocks will fall further, IIRC until abut
December.
HTH