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Author Topic: TwixVoy laments plummeting stock market  (Read 1507 times)

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Offline Ralph Wiggum

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TwixVoy laments plummeting stock market
« on: February 04, 2010, 03:04:29 PM »
Quote
TwixVoy  (1000+ posts)
Thu Feb-04-10 04:02 PM
Original message
DOW falls below 10,000
FYI the DOW has just fallen below 10,000.

We need JOBS.


Where are these jobs gonna come from, the magical job fairy?
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Offline miskie

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Re: TwixVoy laments plummeting stock market
« Reply #1 on: February 04, 2010, 03:08:13 PM »
Well well - it was The magic of Obama that had brought the market back above 10K - who is responsible for it dropping back down ?


--As if I didn't know who the Democrats will blame..  ::)
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Offline Randy

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Re: TwixVoy laments plummeting stock market
« Reply #2 on: February 04, 2010, 03:19:14 PM »
Quote from: miskie on February 04, 2010, 03:08:13 PM
Well well - it was The magic of Obama that had brought the market back above 10K - who is responsible for it dropping back down ?


--As if I didn't know who the Democrats will blame..  ::)

They dropped it down to get the Whun elected so they do have the experience of stock market manipulation....just sayin'
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Offline Tucker

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Re: TwixVoy laments plummeting stock market
« Reply #3 on: February 04, 2010, 03:23:55 PM »
Quote from: Ralph Wiggum on February 04, 2010, 03:04:29 PM


Where are these jobs gonna come from, the magical job fairy?

DUmmy. (not really) Everybody know that the Government creates jobs. obama said so.
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Offline The Village Idiot

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Re: TwixVoy laments plummeting stock market
« Reply #4 on: February 04, 2010, 03:30:50 PM »
The Zimbabwe stock market was doing great as the country fell into cave man status
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Offline Chris_

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Re: TwixVoy laments plummeting stock market
« Reply #5 on: February 04, 2010, 03:57:56 PM »
A local financial analyst (on radio) stated today that the market decline is the result of two events:

First, the Labor Dept. reported that 8,000 additional new applications for unemployment were filed this week, and.......

Second, Tomorrow is the deadline when the White House has to report that 800,000 more jobs were  lost for last year than they have been claiming......the time limit for "cooking the books" for last year has expired...the likely effect on the national unemployment figure will be to revise it upward from 10% to nearly 12&.....anyone wanna give me odds that this tidbit will come out at six PM tomorrow night, just in time to get lost in the weekend news gap.......

He also reported that the over 5% GDP growth reported for the last quarter  (from a leak at the Federal Reserve) will be adjusted downward by more than 50%.......how much more has not been determined.

doc
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Offline BEG

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Re: TwixVoy laments plummeting stock market
« Reply #6 on: February 04, 2010, 04:59:35 PM »
Doc, I thought the jobs lost for this week was 480k?
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Offline Chris_

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Re: TwixVoy laments plummeting stock market
« Reply #7 on: February 04, 2010, 05:03:01 PM »
Quote from: BEG on February 04, 2010, 04:59:35 PM
Doc, I thought the jobs lost for this week was 480k?

The report that I heard was "new applications for unemployment".....but my hearing ain't all that great, however, 480k for a week, seems way high......dunno.

doc
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Offline BadCat

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Re: TwixVoy laments plummeting stock market
« Reply #8 on: February 04, 2010, 05:04:22 PM »
480K was the number reported for this week.
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