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Who could have predicted that such a thing would happen? I thought that Barry caused the rally in the market and that everything was great? Whatever happened to all the libs who were praising the rise in the market?
Fools and thier money. Let's see how low it goes. I am afraid that we are in for a bumpy ride over the next six months, so buckle up. I'll let you know when to get back into the market. Do I think that it will test the lows of last year? Probably not. However, I would not be suprised at all to see a DOW 8500 by year's end. Perhaps when Barry the job killer is out of office, there will be a real, sustained recovery that will occur on Main Street and be reflected on Wall Street.
Barry will make the next Republican president look like a genious, much as Carter did for Reagan.
Who could have predicted that such a thing would happen? I thought that Barry caused the rally in the market and that everything was great? Whatever happened to all the libs who were praising the rise in the market?
Fools and their money. Let's see how low it goes. I am afraid that we are in for a bumpy ride over the next six months, so buckle up. I'll let you know when to get back into the market. Do I think that it will test the lows of last year? Probably not. However, I would not be surprised at all to see a DOW 8500 by year's end. Perhaps when Barry the job killer is out of office, there will be a real, sustained recovery that will occur on Main Street and be reflected on Wall Street.
Barry will make the next Republican president look like a genius, much as Carter did for Reagan.
I don't like him but the euro is falling , this makes each American dollar worth more and the market go down . I could be wrong , the whole thing could go to hooey . Obama should be talking good about the Greece bailout. That would help the market but he is so lame . Buy gold LMAO.
It's ok. I'm sure Obama can just go on a hiring spree for 250,000 more government workers to make up for the additional job losses coming up, and just suck out some more from the evil wealthy people (aka small business owners) to make the lower and middle class whole again. If they can get this financial reform bill out quickly enough, they can pump trillions more into Goldman, Fannie, and Freddie. Ain't no thang.
And no, I dont think presidents are to blame or credit for the dow, but you liberals sure did use the dow as a sign of economic recovery...
I don't know if people have noticed the oft inverse relationship between the jobs report and the DOW. The dominant pattern is that the DOW goes up when there are a lot of layoffs and goes down when the employment numbers are positive. I think that the reason for this is two fold. One.....if the economy gets better Wall Street sees higher interest rates on the horizon and the DOW is energized by low interest rates set by the FED. Two.....layoffs mean that companies are reducing their cost which the street interprets as increasing profitability.
The ADP report is already forcasting Private Sector Job growth for the month of April. April Employment report is due out Friday morning. That said, the big influence right now is likely what is happening with Greece and the Eurozone.
The question is: will you blame Obama? I mean... since presidents aren't to blame or credit... ... wiseguy
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Maybe we could blame Greece since they were first to get to where we will be too soon.
At any rate the seeming recovery was not true and lefties around here surely didn't believe what they seemed to be seeing.
Actually, the traders are now being reported by Fox as not being panicky and just doing what could be expected with the problems of the European countries although they only got there ahead of us.
Is any of what is going on in Europe dependent, at all, on the socialism they have been using for so long?
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So after the bank stocks tank, and the down drops below 10,000
