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The Market

Discussion in 'Money & Finance Forum' started by VA49er, Oct 6, 2008.

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  1. Oct 9, 2008 at 3:36 PM #21
    Savio

    Savio Freelance Pimp

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    let's not forget, shorts are back in action today.
     
  2. Oct 9, 2008 at 3:36 PM #22
    token

    token I'm a lady

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    The market operates outside the whims of the financial geniuses in DC. People are losing money so they take their money out making more people lose money. Some people buy when it's down and it comes back up the next day. Then they sell when it starts to fall.
     
  3. Oct 9, 2008 at 3:46 PM #23
    VA49er

    VA49er Full Access Member

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    No, we live in a "right now" society. Everything the govt is doing will take time to have any effect on the economy. The market doesn't like that.
     
  4. Oct 9, 2008 at 4:02 PM #24
    Trace

    Trace Full Access Member

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    GM down 30%. yikes. The market is down over 40% in the last week and a half. 1 in 3 car loans are being turned down. :smiley_beatin_horse
     
  5. Oct 9, 2008 at 4:56 PM #25
    token

    token I'm a lady

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    The bailout was never aimed at the stock market anyway. It was aimed at financial firms' bottom lines. Any result on the stock market is indirect. Much like any result we see from the bailout.

    And remember boys and girls, tomorrow, AIG is auctioning off their credit default swaps. About $400bn. And the G7 are meeting in DC.
     
  6. Oct 9, 2008 at 5:11 PM #26
    Science

    Science Puerto Rican of the Sea

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    Bout time.
    [​IMG]
     
  7. Oct 24, 2008 at 11:22 AM #27
    chipshotx

    chipshotx Full Access Member

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