Recession? We don' need no steenkeen recession!

[jimpeel]

Fox analyst Napolitano questions constitutionality of the bailout and slams the pork and earmarks.

CLICK

 

[Gonz]

glad to hear it...too little, too late

 

[MrBishop]

Too little fat trimmed. I prefer the fake-presidency method of the bail-out.

At least you're not taking over your own banks, like England.

 

[chcr]

Administration considering ownership stake in banks.

Okay, now when do they declare martial law because of the crisis and suspend the election? Commie bastiches.

*chcr wraps the tin foil a bit more tightly around his head.

 

[MrBishop]

NSPD 51


Read it and weep!

 

[MrBishop]

As a bonus..I hadn't realized that the image/chart above was going to be live..and updated all the time. Sweet!

 

[catocom]

9387.61 +936.42 / +11.08% Oct 13

I guess obama's lead will shrink slightly now.

 

[chcr]

In 1929 the market dropped sharply, rebounded almost 30%, then Black Friday came. Just sayin'.

 

[catocom]

I'm with ya man.

history repeating it's self makes prophesying easier don't it.
seems some in power have doomed us to repeat or worse.

 

[Gonz]

In 1929 the market dropped sharply, rebounded almost 30%, then Black Friday came. Just sayin'.

The crash was an incident. The depression didn't really start until 1934 or so. Partially because the government overreacted to economic hardships. WHOA! Deja vu.

 

[MrBishop]

9387.61 +936.42 / +11.08% Oct 13

I guess obama's lead will shrink slightly now.

Last: 10,136.510 Net Change: 1,071.350 % Change: 11.82%
Toronto's Index is up as well...Thanksgiving was yesterday, so no trades.

I'm thinking that this is people buying back depressed stocks and aiming for the long haul.

There are a buttload of stocks heading towards the penny-stock range. Pier1 is barely above the delisting, and they were at $9 in early 08.

Time to buy indeed.

 

[paul_valaru]

It is a good time to invest, if you have the bucks to lose, but you have to find a company that you really think is going to bounce back strong.

I think it is a good time to get into some conservative mutual funds.

 

[catocom]

It is a good time to invest, if you have the bucks to lose, but you have to find a company that you really think is going to bounce back strong.

I think it is a good time to get into some conservative mutual funds.

..

if you got some jack to get in with.....better odds than the lottery. I lose most of the time on it.

 

[MrBishop]

Treasure Board takes a chunk out of 9 banks... partial-nationalization of banks in the USA.

 

[catocom]

9310.99 -76.62 / -0.82% Oct 14

odds are getting worse now.
be very careful

 

[MrBishop]

Can you say "Dead Cat Bounce"? - I knew that you could.

 

[catocom]

[ the big bass player] uh, egmamuffin [/the big bass player]

 

[catocom]

I believe McCain is partially right about the economy fundamentals though.
My work is booming. I'm covered up.

well not now.
After that wave, everything has died.

 

[chcr]

well not now.
After that wave, everything has died.

I went out to dinner last Thursday night. I'll bet there were less than a dozen people in the restaurant. The parking lot at the mall never looks more than half full.

 

[Gonz]

Folks have been living off dividends for a while now. An artificially high market does that. I wonder how many people have more than $100. in their actual "savings" account.