Stocks taking a nosedive

Fritzo

Lifer
Jan 3, 2001
41,912
2,146
126
Man, the market's getting the crap beat out of it right now. I would have figured with all the presidential hoopla it would have surged toda. What happened?
 

Analog

Lifer
Jan 7, 2002
12,755
3
0
Originally posted by: Fritzo
Man, the market's getting the crap beat out of it right now. I would have figured with all the presidential hoopla it would have surged toda. What happened?

I thought stocks would soar after 12PM, and gas would be 10 cents a gallon, and health care would be free

oh wait....
 

rudeguy

Lifer
Dec 27, 2001
47,351
14
61
Originally posted by: Fritzo
Man, the market's getting the crap beat out of it right now. I would have figured with all the presidential hoopla it would have surged toda. What happened?

The economy still sucks?
The reality that Obama doesn't have a magic wand is settling in?
Its so cold that people are selling to buy propane?
 

joesmoke

Diamond Member
Nov 2, 2007
5,420
2
0
i woke up with a 20 inch penis and found out that i had won the heisman trophy. then for breakfast my waffles and bacon were made of gold. looks like the stocks need to get with the program...
 

kgokal

Senior member
Jul 20, 2004
423
0
0
WOW, Several of stocks im looking at are makin fresh 52-week lows...

WOW, just wow!
 

sandorski

No Lifer
Oct 10, 1999
70,231
5,807
126
What are the Trade Volumes. Might just be a day when all the Sellers were at work.
 

JDub02

Diamond Member
Sep 27, 2002
6,209
1
0
Originally posted by: Analog
Originally posted by: Fritzo
Man, the market's getting the crap beat out of it right now. I would have figured with all the presidential hoopla it would have surged toda. What happened?

I thought stocks would soar after 12PM, and gas would be 10 cents a gallon, and health care would be free

oh wait....

And none of us would have to work because we're all going to get stimulus paychecks.
 

GasX

Lifer
Feb 8, 2001
29,033
6
81
first in a long line of reality checks for the starry eyed faithful...
 

KLin

Lifer
Feb 29, 2000
29,557
166
106
Originally posted by: Lamont Burns
Stocks typically do not rise on election day, even for Obama.

Today isn't election day. Today is inauguration day.
 

TallBill

Lifer
Apr 29, 2001
46,017
62
91
Originally posted by: KLin
Originally posted by: Lamont Burns
Stocks typically do not rise on election day, even for Obama.

Today isn't election day. Today is inauguration day.

To be fair, lamont burns' statement is still true
 

rh71

No Lifer
Aug 28, 2001
52,844
1,049
126
is there really such a thing as a good analyst when it comes to stocks? It sounds like a crapshoot to me. Onward with gambling...
 
Sep 29, 2004
18,656
67
91
Analysts are very good at telling about what happened in the past but they have no clue as to what is going on in the future.

As for the tanking today, you can thank Bank of America (BAC). There is renewed fear that banks are all going under. Even WFC is tanking!
 

Kirby

Lifer
Apr 10, 2006
12,028
2
0
Originally posted by: IHateMyJob2004
Analysts are very good at telling about what happened in the past but they have no clue as to what is going on in the future.

As for the tanking today, you can thank Bank of America (BAC). There is renewed fear that banks are all going under. Even WFC is tanking!

I bet KFC won't tank.
 

TallBill

Lifer
Apr 29, 2001
46,017
62
91
Originally posted by: IHateMyJob2004
Analysts are very good at telling about what happened in the past but they have no clue as to what is going on in the future.

As for the tanking today, you can thank Bank of America (BAC). There is renewed fear that banks are all going under. Even WFC is tanking!

USAA is doing fine.
 

Nemesis 1

Lifer
Dec 30, 2006
11,366
2
0
What do think the banking crisis was . LOL Default loans . LOL The money managers of YOUR 401K stole your money calling it their profits For over 30 years . Now they can't replace it . The default loans is smoke and mirrors to cover up the theft . Money mangers are leaving the country in droves . Befor its all revealed . Some have already been caught.
 

jpeyton

Moderator in SFF, Notebooks, Pre-Built/Barebones
Moderator
Aug 23, 2003
25,375
142
116
Originally posted by: Fritzo
Man, the market's getting the crap beat out of it right now.
You just now noticed this?

Welcome to 2008.
 

Capt Caveman

Lifer
Jan 30, 2005
34,543
651
126
Originally posted by: Nemesis 1
What do think the banking crisis was . LOL Default loans . LOL The money managers of YOUR 401K stole your money calling it their profits For over 30 years . Now they can't replace it . The default loans is smoke and mirrors to cover up the theft . Money mangers are leaving the country in droves . Befor its all revealed . Some have already been caught.

Got a link?
 

joesmoke

Diamond Member
Nov 2, 2007
5,420
2
0
Originally posted by: Capt Caveman
Originally posted by: Nemesis 1
What do think the banking crisis was . LOL Default loans . LOL The money managers of YOUR 401K stole your money calling it their profits For over 30 years . Now they can't replace it . The default loans is smoke and mirrors to cover up the theft . Money mangers are leaving the country in droves . Befor its all revealed . Some have already been caught.

Got a link?

this is obviously what hes thinking of
 
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