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Old 05-06-2010, 03:22 PM
 
2,514 posts, read 1,987,005 times
Reputation: 362

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Quote:
Originally Posted by Dockside View Post
Oooh! That's a nice sell-off going on. When is my Goldman Sachs stock going back to $180?
Never.
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Old 05-06-2010, 03:22 PM
 
3,292 posts, read 4,474,295 times
Reputation: 822
Quote:
Originally Posted by Smash255 View Post
So then what cause P&G to trade at $39 on a secondary exchange, what caused several stocks to trade at $.01?
Uh sorry financial wizards literally never make mistakes.
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Old 05-06-2010, 03:24 PM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
Reputation: 2519
Could you Rah Rah's give an example of the last time this error happened??
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Old 05-06-2010, 03:24 PM
 
3,292 posts, read 4,474,295 times
Reputation: 822
Quote:
Originally Posted by newonecoming2 View Post
Ya right, Free market my arse. What you have is two diametrically apposed forces at work. Inflation by Ben Bernanke, and deflation by a collapsing debt bubble. Ben's manipulation is far from what the free market would do if it were free to do what it wanted. The debt load is unsustainably high. It will come down. The harder that you fight it the longer it will take to pop.
Those things you posted have literally nothing to do with the article.

Man, I guess everyone's doomsday boner died when the market closed.
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Old 05-06-2010, 03:27 PM
 
26,680 posts, read 28,670,280 times
Reputation: 7943
Quote:
Originally Posted by jackmccullough View Post
You guys are really happy about bad news for the economy.

And you call us liberals unpatriotic. You're just pathetic.
Please. They'd be smiling if there were a successful terrorist attack - let alone a dip in the stock market.
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Old 05-06-2010, 03:28 PM
 
Location: Tampa Florida
22,229 posts, read 17,855,263 times
Reputation: 4585
Quote:
Originally Posted by AnUnidentifiedMale View Post
Please. They'd be smiling if there were a successful terrorist attack - let alone a dip in the stock market.
The sad thing is, you are correct.
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Old 05-06-2010, 03:30 PM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
Reputation: 2519
Quote:
Originally Posted by AnUnidentifiedMale View Post
Please. They'd be smiling if there were a successful terrorist attack - let alone a dip in the stock market.
Rah Rah Rah....
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Old 05-06-2010, 03:30 PM
 
Location: Long Island (chief in S Farmingdale)
22,190 posts, read 19,462,661 times
Reputation: 5305
Quote:
Originally Posted by oz in SC View Post
Could you Rah Rah's give an example of the last time this error happened??

So what exactly is your conspiracy theory on why this happened?
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Old 05-06-2010, 03:30 PM
 
9,879 posts, read 8,018,970 times
Reputation: 2521
Quote:
Originally Posted by mikeym81 View Post
Can someone here please explain to me why problems in Greece are because of obama?
Not because of Obama.
Greek Debt Crisis: How Goldman Sachs Helped Greece to Mask its True Debt - SPIEGEL ONLINE - News - International


CEO's at Goldman should be shipped to Greece. The Greek people want them on a Shish Kabob

One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels.
In 2005, Goldman sold the interest rate swap to the National Bank of Greece, the country’s largest bank.
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Old 05-06-2010, 03:32 PM
 
2,514 posts, read 1,987,005 times
Reputation: 362
Quote:
Originally Posted by FinkieMcGee View Post
Those things you posted have literally nothing to do with the article.

Man, I guess everyone's doomsday boner died when the market closed.
No it didn't, everyone that has equity in the stock market has a vested interest in it going up. Those two things may not have anything to do with the article but they have everything to do with where the market is headed. Asset inflation driven by Ben's printing press. Deflation driven by the collapsing debt bubble. http://www.urbandigs.com/total-credit-debt-percentage-gdp.jpg Pick one. Long term the collapsing debt bubble will win.
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