Stocks started up... Now show in the red...

[Damocles]

At the opening this morning the stocks were up, as much as 300 points (a bit more) at times.

The stories on the Stock sites were cheering on the "rebound"... Not so much now. People expected the FED to print more cash and try more quantitative easing. While they did set rates in stone until at least 2013, with an unprecedented 3 dissenting votes due to the extended promise of low rates, it doesn't appear as if the QE3 will be any better than a QE 2.1...

More when I find it.

 

[Cancel 2018. 3]

the dow has lost nearly 2000 points in less than a month on obama's watch.

 

[Bonestorm]

The FED isn't doing anything in the face of deteriorating economic conditions.

 

[Onceler]

It's interesting to note that stocks have lost more in the past few days than the stimulus cost.

 

[Bonestorm]

the dow has lost nearly 2000 points in less than a month on obama's watch.

And?

 

[Onceler]

And?

I think that's it. He just hates Obama.

 

[tinfoil]

the real news is the value of gold with newly devalued dollars. If a republican were president, he'd be getting blamed right now. But since we have a libtard in office, we'll blame the GOP.

Can anyone explain what the GOP did to drive the market values down? This should be funny. OMG they wanted to curtail spending! They cause the world to end

 

[Damocles]

Whipsawing and mixed results now. QE not coming at all. Basically, the FED promising to keep the interest rates low until 2013 seems to be a promise that we will have 2 more years of, at the very least, stagnant economics...

 

[Damocles]

Now we're back to sane up... This day has been interesting.

 

[Dixie - In Memoriam]

the dow has lost nearly 2000 points in less than a month on obama's watch.

Nahh... I don't think Obama's watching.

 

[Cancel 2016.2]

This day has been insane. Luckily my clients and I are sitting in cash right now. We ran with Treasuries, came out, now lets see where we go from here. At support levels on S&P right now. A break down under 1120ish will signal another sell frenzy. If we can hold above it for a few days that will help solidify support. But again, this day has been insane.

 

[Cancel 2016.2]

It's interesting to note that stocks have lost more in the past few days than the stimulus cost.

and?

 

[The Dude]

the dude thinks hedgefunds are whipsawing the market.
There was no reason for the huge selloff, I'm staying pat 100% stocks as usual.

 

[Guns Guns Guns]

The public blames the GOP.

 

[Cancel 2018. 3]

And?

thread is about stocks, so i posted a fact about stocks. next.

 

[Damocles]

This day has been insane. Luckily my clients and I are sitting in cash right now. We ran with Treasuries, came out, now lets see where we go from here. At support levels on S&P right now. A break down under 1120ish will signal another sell frenzy. If we can hold above it for a few days that will help solidify support. But again, this day has been insane.

And now they are up.... It's fricking insane fo' sure.

 

[Bonestorm]

thread is about stocks, so i posted a fact about stocks. next.

As of the today's close it isn't even a "fact" anymore.

 

[Cancel 2018. 3]

As of the today's close it isn't even a "fact" anymore.

and? it was a fact when i posted it. next.

 

[Cancel 2018. 3]

for the nit picker nigel..."now" the dow has lost almost 1500 points in less than a month

happy now ankle biter?

 

[Bonestorm]

The DOW gained almost 500 points since Yurt posted his asinine comment.