Bye Bye Banks and Wall Street - Page 32

BarTopDancer · 10-11-2008, 10:46 PM

Ralphs and Albertsons off Sand Canyon in Irvine both had all cookies in stock today, but word has been spreading.

Check Target?

lindyhop · 10-12-2008, 01:16 PM

Cookie hoarding? The price of cookies is going to go sky high.

Prudence · 10-12-2008, 02:50 PM

I guess it doesn't matter then that I could never seem to find a store that carried checkerboard wafers. I have very sad cheese.

Ghoulish Delight · 10-12-2008, 08:12 PM

Okay, something interesting in this world needs to happen because if I see one more "news" site pick up the "national debt clock runs out of digits" story I'm likely to vomit.

innerSpaceman · 10-12-2008, 08:13 PM

Why?

That's legitimate news. A simple thing indicative of so much big stuff.

I think it's a great story that should be told until everyone in America knows it.

Then they can hopefully learn that, having now paid $2,300 each to bail out Wall Street, every single American household owes $480,000 in national debt. Get ready for taxation at 80%.

Ghoulish Delight · 10-12-2008, 09:53 PM

It was mildly interesting 4 days ago. As the lead headline today on MSNBC? Sorry, time to hire some new writers.

Kevy Baby · 10-13-2008, 07:33 PM

BOING

The Dow bounces back up 936 points today

Isaac · 10-13-2008, 08:19 PM

Yeah but let's see if it can maintain that 936 points.

Somehow I doubt it.

Kevy Baby · 10-13-2008, 08:25 PM

Quote:

Originally Posted by Isaac

Yeah but let's see if it can maintain that 936 points.

Somehow I doubt it.

It'll be pretty topsy turvy for a while, mostly rising a bit before the election, then dropping a bit after the election. After that, it will slowly rise again.

I personally believe we have, for the most part, seen the worst of it.

Morrigoon · 10-14-2008, 12:33 PM

Quote:

Originally Posted by Kevy Baby

It'll be pretty topsy turvy for a while, mostly rising a bit before the election, then dropping a bit after the election. After that, it will slowly rise again.

I keep meaning to address this. Typically, uncertainty causes turmoil in the markets, this includes uncertainty in elections. So the market will have issues leading up to the election, followed by a small rally after the election, regardless of who actually wins. And regardless of who actually wins, the media will think it reflects some sort of market confidence in the winner, when all it really reflects is that now they know who they'll be dealing with and can invest accordingly.

As to whether the rally will have any sticking power or not, I have no idea. I tend to think not because eventually the dismal Christmas retail #s will come in, and everyone will act surprised at how little we all spent this year. But this part is pure guess.

10-11-2008, 10:46 PM	#1
BarTopDancer Prepping... Join Date: Jan 2005 Location: Here, there, everywhere Posts: 11,405	Ralphs and Albertsons off Sand Canyon in Irvine both had all cookies in stock today, but word has been spreading. Check Target? __________________ Spork is the new MacGyver Postcards From My Edge
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10-12-2008, 01:16 PM	#2
lindyhop Swing Swank Join Date: Jan 2005 Location: Long Beach Posts: 997	Cookie hoarding? The price of cookies is going to go sky high. __________________ Hyperbole is the best thing ever!
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10-12-2008, 02:50 PM	#3
Prudence Beelzeboobs, Esq. Join Date: Jan 2005 Location: Gavel - I haz it Posts: 6,287	I guess it doesn't matter then that I could never seem to find a store that carried checkerboard wafers. I have very sad cheese. __________________ traguna macoities tracorum satis de
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10-12-2008, 08:12 PM	#4
Ghoulish Delight I Floop the Pig Join Date: Jan 2005 Location: Alternative Swankstyle Posts: 19,348	Okay, something interesting in this world needs to happen because if I see one more "news" site pick up the "national debt clock runs out of digits" story I'm likely to vomit. __________________ 'He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.' -TJ
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10-12-2008, 08:13 PM	#5
innerSpaceman Kink of Swank Join Date: Jan 2005 Location: Inner Space Posts: 13,075	Why? That's legitimate news. A simple thing indicative of so much big stuff. I think it's a great story that should be told until everyone in America knows it. Then they can hopefully learn that, having now paid $2,300 each to bail out Wall Street, every single American household owes $480,000 in national debt. Get ready for taxation at 80%.
	Submit to Quotes

10-12-2008, 09:53 PM	#6
Ghoulish Delight I Floop the Pig Join Date: Jan 2005 Location: Alternative Swankstyle Posts: 19,348	It was mildly interesting 4 days ago. As the lead headline today on MSNBC? Sorry, time to hire some new writers. __________________ 'He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.' -TJ
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10-13-2008, 07:33 PM	#7
Kevy Baby Chowder Head Join Date: Jan 2005 Location: Yes Posts: 18,500	BOING The Dow bounces back up 936 points today __________________ The thing about quotes on the internet is that you cannot verify their validity. - Abraham Lincoln
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10-13-2008, 08:19 PM	#8
Isaac the one n only Join Date: Jan 2005 Location: Anaheim Posts: 1,236	Yeah but let's see if it can maintain that 936 points. Somehow I doubt it. __________________
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