...AND the market is down 100 pts (9:44 AM)

brooklynite

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Fri Jul-29-11 08:44 AM
Original message

...AND the market is down 100 pts (9:44 AM)

Edited on Fri Jul-29-11 08:44 AM by brooklynite

Must be worried about something....

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LiberalLoner

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Fri Jul-29-11 08:45 AM
Response to Original message

1. Sheesh. I really think I'm going to wake up and all this will have just been

a bad dream. The last 30 years have all been just a bad dream, surely. I will wake up and it will be the America that had hope and a sense of community again.

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spanone

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Fri Jul-29-11 08:46 AM
Response to Original message

2. -130 9:47

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lapislzi

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Fri Jul-29-11 08:46 AM
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3. Fortunately, they have an emergency brake

It can't go into total free fall. Trading will be suspended if the drop is too sharp, too fast.

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banned from Kos

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Fri Jul-29-11 08:51 AM
Response to Reply #3

7. Dow went down 800 points in the Credit Crash of Sep 2008 (in one day)

should be less than 150 today though.

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Coyote_Bandit

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Fri Jul-29-11 08:47 AM
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4. Surely Not

There will surely be a deal.

The one of the asshats will flinch at the last minute to keep us al for being thrown into the ditch.

Damn these fuckers and their high stakes game of chicken. I'm all for throwing all the sorry bastards out. They are an impediment. Who needs 'em?

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Prism

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Fri Jul-29-11 08:48 AM
Response to Original message

5. GDP report

It is about as bad as it could possibly be.

"Unexpectedly" I'm sure.

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Modern_Matthew

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Fri Jul-29-11 08:50 AM
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6. This is getting surreal. The wrong type of extremism has taken over and there's nothing we can do.

Edited on Fri Jul-29-11 08:52 AM by Modern_Matthew

And I just saw Crossroad GPS' latest ad as I was typing this. I AM OFFICIALLY FURIOUS THIS MORNING!

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Myrina

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Fri Jul-29-11 08:52 AM
Response to Original message

8. Yeah, my 401k is toast.

I had hoped to take a wagonload out this week and stash it safely in my credit union savings account but Prudential is being a bitch and won't let me, so instead the stock market is eating it. :(

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Warpy

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Fri Jul-29-11 08:59 AM
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9. If Congress does its job

it's going to roar back because some of the numbers that have come out are a slight tick better than they were supposed to be.

Unfortunately, that's a big "if" since most Congressmen seem to be sitting around with their thumbs up their asses and wondering how they're going to save face rather than save the country.

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tjwash

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Fri Jul-29-11 09:06 AM
Response to Original message

10. Congress could waffle until Tuesday, when the DJIA and NAS goes down about 400-800 by then

Edited on Fri Jul-29-11 09:07 AM by tjwash

And then their lobbyists could buy buy buy on HUGE blue-chip bargains after they announce a compromise.

It's almost like they are doing it on purpose just for that reason.

I'm gonna pounce on some stock deals next week my own damn self....

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