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Old 05-07-2010, 04:41 PM
 
35,016 posts, read 39,168,101 times
Reputation: 6195

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The Securities and Exchange Commission aims to determine if market participants accidentally or maliciously entered orders that derailed normal trading, the people said, declining to be identified because the inquiry isn’t public. The agency will also examine if controls to prevent the rout from snowballing weren’t in place at exchanges and firms.
***
The SEC and Commodity Futures Trading Commission said in a joint statement after U.S. markets closed that they will examine “unusual trading” that contributed to the plunge.

SEC Said to Probe Causes, Exploitation of Stock-Market Turmoil - Bloomberg.com
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Old 05-07-2010, 04:55 PM
 
Location: Great State of Texas
86,052 posts, read 84,519,997 times
Reputation: 27720
Right..and I have some oceanfront property in Arizona that has the best views of the waves.
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Old 05-07-2010, 09:51 PM
 
30,069 posts, read 18,674,911 times
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Quote:
Originally Posted by HappyTexan View Post
Right..and I have some oceanfront property in Arizona that has the best views of the waves.

Exactly. The libs think that the market fell due to one computerized sell order glitch, not the fact that the market is way over valued. Wait until the fall. Things will be lower. THe libs can blame something else then.
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Old 05-07-2010, 11:11 PM
 
Location: North Las Vegas
1,125 posts, read 1,591,595 times
Reputation: 929
Quote:
Originally Posted by hawkeye2009 View Post
Exactly. The libs think that the market fell due to one computerized sell order glitch, not the fact that the market is way over valued. Wait until the fall. Things will be lower. THe libs can blame something else then.
I am assuming it will be one of the following:

1. "The GOP is not being cooperative enough!"

2. "The Investors are big mean racist capitalist!"

or most likely

3. "George W. Bush!!!!!!!!!"

If I was a betting man I would pick number 3.
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Old 05-07-2010, 11:39 PM
 
Location: California
37,138 posts, read 42,234,436 times
Reputation: 35020
Quote:
Originally Posted by hawkeye2009 View Post
Exactly. The libs think that the market fell due to one computerized sell order glitch, not the fact that the market is way over valued. Wait until the fall. Things will be lower. THe libs can blame something else then.
libs libs libs. You must really love that word since you use it in the most ridiculous places.
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Old 05-08-2010, 08:03 AM
 
30,069 posts, read 18,674,911 times
Reputation: 20889
Quote:
Originally Posted by Ceece View Post
libs libs libs. You must really love that word since you use it in the most ridiculous places.

Libs are ridiculous. They parody themselves by thier actions and beliefs. I cannot help or modify other people's behavior. The libs have tried to attribute the false stock market rise to Obama. Now when it appears that the market will fall, they say that it was due to a computer glitch or George Bush, not the fact that the market fundamentals are very weak and that the rises happened on very low volumes. If Obama was "responsible" for the rise in the market, he is surely responsible for the impending fall.

Perhaps if they would develop common sense and values-

1. hard work
2. charity
3. education
4. faith
5. loyalty

they might no longer be liberals and be conservatives. That will never happen. Fortunately, libs have low birth rates and are fond of abortion, so it will only take a few generations for them to die out.
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Old 05-10-2010, 02:28 PM
 
3,514 posts, read 9,430,893 times
Reputation: 1527
The stock market is just another tool used by the "elite" to extract wealth from the masses.

The stock market fluctuates and the "elite" make money whether it goes up or down.

If you aren't on the inside, the stock market is risky. "They" are above all rules and regulations.

There's more truth in the 1987 movie Wall Street than fiction.


YouTube - Wall Street - Movie Trailer
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