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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:08 PM
Original message
Now THIS is a pretty picture
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:12 PM
Response to Original message
1. SET up 4% too
Did the moneyed elites all get a memo?
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Occam Bandage Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:18 PM
Response to Original message
2. It's good to see GWB's economic policies finally kicking in.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:40 PM
Response to Reply #2
6. No this is the effect of Reagan's policies. Things have finally trickled down.
:silly:
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TheCowsCameHome Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:30 PM
Response to Original message
3. Yep, them Reaganomics are still sumpin' to behold, ain't they?
Edited on Tue Mar-10-09 10:32 PM by TheCowsCameHome
:rofl:
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:36 PM
Response to Reply #3
4. huh?
:dunce:





My take on today/tomorrow is that today's rally will be mostly sustained. The entire world market is showing optimism in a very difficult period.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:39 PM
Response to Original message
5. We interrupt this bear market for a bear rally; see YOU at the yet to be determined...........
.....bottom.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:41 PM
Response to Reply #5
7. Maybe, maybe not.
It has been a very long time when there was such a canyon between market value and book value in some of the Dow and Nasdaq components.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:48 PM
Response to Reply #7
8. That was BEFORE the new world order kicked in .
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rug Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:52 PM
Response to Original message
9. What does this remind me of?
Oh yeah.


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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:56 PM
Response to Reply #9
10. Good one.
The old bait and shoot trick. Good thing there is always a fresh supply of suckers born every minute.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:57 PM
Response to Reply #9
11. Who is Charlie Brown?
Kramer?

Santelli?

Rush?

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rug Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:58 PM
Response to Reply #11
12. No, they're all Lucy.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 11:00 PM
Response to Reply #12
14. Not for long
http://voices.washingtonpost.com/economy-watch/2009/03/report_rep_frank_sayz_uptick_r.html.


The city/county/state/federal pension funds need a more realistic market in order to remain solvent.

Today was the first step.




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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:58 PM
Response to Original message
13. Only 60 odd percent to go!
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 11:52 PM
Response to Original message
15. So a one day market jump proves that the CDS crisis is over based on a likely-fraudulent Citi memo?
OK then. Sucker born EVERY minute apparently.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-11-09 12:00 AM
Response to Reply #15
16. Confidence and trust takes more than one day to accomplish
Hopefully, we have seen the bottom.

I can't wait for Barney Frank's anti-short selling provision to take effect.
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-11-09 12:11 AM
Response to Reply #16
17. Confidence in WHAT? The system operates on scamming and gambling?
The banks are effectively bankrupt. They've been playing with invisible funny money and cooking books.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-11-09 12:13 AM
Response to Reply #17
18. That is your opinion
Most banks are just fine.

Only the banks that were trying to squeeze a 10%+ profit out of a 6% product are in any kind of danger.
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-11-09 12:20 AM
Response to Reply #18
19. And that is your opinion.
Most banks are not "just fine." Turn off CNBC.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-11-09 12:23 AM
Response to Reply #19
20. LOL @CNBC
:rofl:

I don't watch them except for stock quotes.



Only 2 major US banks are even on the brink of asking for more "assistance." The other 3 are wishing they never took any at all.
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-11-09 12:32 AM
Response to Reply #20
21. Best of luck. Make a mint.
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