Well I think this pretty much does in the rally of a few days ago

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uscitizen

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Stocks Tumble After Bear Stearns Bailout

Friday March 14, 2:55 PM EDT

NEW YORK (AP) — Stocks tumbled Friday as a plan to alleviate a liquidity crisis at Bear Stearns Cos. touched off concerns about the severity of credit troubles. Each of the major indexes lost more than 2 percent; the Dow Jones industrial average gave up about 300 points.

The plan by the New York Federal Reserve and JP Morgan Chase & Co. offers Bear Stearns relief from a sudden liquidity crunch that analysts surmised could have felled the bond house. But the company's position on the precipice of financial disaster left many investors shaken and spoiled some hopes that troubles in the moribund credit market are on the mend.

Stocks showed moderate increases in the early going after a Labor Department report showed the Consumer Price Index remained flat for February. Wall Street has been expecting inflation would show an increase. But the gains quickly disappeared after investors learned about the severity of troubles at Bear Stearns.

http://finance.myway.com/jsp/nw/nwdt_rt.jsp?section=news&feed=ap&src=601&news_id=ap-d8vdclko0&date=20080314
 
Keep up posting stuff like this.... yesterday when you did it, the market rallied and closed higher.

by the way... dow down about 175 right now.
 
Hey I am lookin.

btw is my avitar animated or not ? It is not for me but this danged triple firewall stuff....
 
Bush Urges Patience on Economy

Friday March 14, 3:13 PM EDT

NEW YORK (AP) — President Bush preached optimism and Republican orthodoxy of minimalist government intervention Friday as the best approach to an increasingly troubled economy.

The president chose the nation's financial heart as the backdrop — and titans of business as the audience — for his most high-profile attempt to date to calm nerves from Wall Street to Main Street.

His main message, aside from displaying confidence in the U.S. economy's underpinnings and historical resilience, was to caution against overreaction by policymakers that could damage the economy's short- and long-term prospects, something he did about a half-dozen times in 40 minutes of remarks.

"Our economy obviously is going through a tough time," Bush told a gathering of The Economic Club of New York. "The challenge is not to do anything foolish."

http://finance.myway.com/jsp/nw/nwdt_rt.jsp?section=news&feed=ap&src=601&news_id=ap-d8vdcu680&date=20080314

Best I could find. I thought it was pretty ironic though. bush saying not to do anything foolish.
 
Companies make bad decisions all the time. I'm sure 90% of bear stearns professionals are like years smarter than the tools on this board.
 
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