Dow up 450 points!!!

[RiversideGator]

This is definitely the kind of surge I can support.

[Matt]

WM up 56%!!!
ETFC up 22%!!!
WB up 64%!!!
BAC up 15%!!!
AIG up 16%!!!
C up 24%!!!!
KBE up 14%!!!
GE up 8%!!!
S up 8%!!!

(glad i bought these yesterday!!)

gov't will create entity to hold bank's debt...
http://biz.yahoo.com/ap/080918/wall_street.html

Good for you!

[Driven1]

now if we could only do something about the hundreds of billions of dollars of tax money that went into the artificial numbers we are looking at today, we'd have something the cheer about.

don't worry - those dirty, rich Republicans (the ones who got us into this mess to begin with & the ones who pay all the taxes) will eventually pay it all off by paying even MORE taxes (heaven forbid we ask a democrat to pay tax - isn't their job to tell Republicans how much in tax they have to pay???)

[Driven1]

just an update here...today's numbers from the financial firms i follow...

AIG up 62%
BAC up 17%
C up 22%
ETFC up 14%
GE up 8%
KBE up 11%
S up 14%
TMA up 30%
WB up 24%
WM up 29%

[Driven1]

Meaning that you thing the 'bear market' is over or that you think it is NOT over?

i think that it is over...lol - i just saw that i typed "pessimistic" instead of "optimistic".   correcting now.

excellent.  Ill bookmark the post.  thats great news.

looks like i am not alone in thinking that was the "market bottom" we just saw on Wed...

"It does feel -- and did feel yesterday -- like all the earmarks of a major bottom," are in place, says Tom Brown, chairman of Bankstocks.com.

http://finance.yahoo.com/tech-ticker/article/64312/After-the-Bailouts-Will-This-Be-the-Market-Bottom?tickers=MS,GS,^DJI,^GSPC,FHN,HBAN,XLF

[tufsu1]

don't worry - those dirty, rich Republicans (the ones who got us into this mess to begin with & the ones who pay all the taxes)

wow....how can I get a refund for all the federal taxes I've been paying as a Democrat (over $10,000 last year)?

[vicupstate]

Yeah, it was awesome.  The Wall Street Journal called it:  Market Roars Back....to Flat.

now if we could only do something about the hundreds of billions of dollars of tax money that went into the artificial numbers we are looking at today, we'd have something the cheer about.

Or maybe un Nationalize our financial institutions.

That would be cool.

Its weird living in a communism.

Yeah, for all the 'get government off our backs', 'let markets decide the winners and losers' , and 'government regulation is restricting prosperity' bullshit the GOP has been spouting for decades, they sure don't have any problems accepting bailouts from the Feds. 

Gator thinks that the Department of Education should be disbanded for a savings of $56 billion (actually, not a bad idea if executed correctly) but where is the outrage about $1 TRILLION in bailouts?  That's EIGHTEEN Departments of Education.

Of course, there would be PLENTY of GOP outrage if their were a Democrat in the White House, as their was during the Chrysler bailout. 


Food for thought:  If a company is so large that it's singular demise will wreck the entire US economy, maybe that company is in voilation of anti-trust laws, or at least what anti-trust laws SHOULD be. 

[civil42806]

a f'ing 4 year old thread get a life stephen

[civil42806]

i Believe  I have hit a nerve, what was it the five sided pyramid comment?