Comments on: Wild Ride On Wall Street

Dow Plummets More Than 340 Points Then Soars Late, Closing Nearly Flat

[incog-nito]

finewoven: You can always find an uptick when trading individual stocks, even when it''s on its way downn.

[finewoven]

Time to sell short! (If you know what I''''m talking about). Make money on the way down. BTW, this is an opinion, not investment advice.
Posted by incog-nito at 12:57 PM : Aug 16, 2007

You can only sell short on an up-tick. When the market is falling that would be hard to do. What needs to be done is, perhaps swap out some of the bad company listing and place more solid company listings for the DOW Jones, and then the average would change direction. Maybe swap out all thirty with better performing listings.

[truthspeake2]

This was once a great country...until the "greed" factor took over in every crack and crevice of corporate America. And now, along with China, corporate America now owns the US. What a difference 30 years or so makes, especially in the wrong hands.

[infidel_us]

It is about time the upper class (rich) in America (as it is so called) start feeling what the middle/poor class in Amercia (Posted by stewart2511 at 01:28 PM : Aug 16, 2007

Yeah....stick it to "the man!" Yeah! Bout time....Yeah. I''m just a selfish little loser who hasn''t got the brains God gave a bag of rocks, but I REALLY LIKE it when "the man" gets his!

[gheemaster38]

This whole situation is way over due. Everyone
wants big fancy cars and houses. We need to
get back to what we can handle. You just cant
buy a $500,000 dollar house for a $1000.00
a month.

Posted by BIGROBERTA at 12:13 PM : Aug 16, 2007


Amen..

And I have been advising people against this practice now for almost 2 years.. One guy bought a house for 250 grand.. ARM no down payment.. He only makes around 2 thousand per month.. The notes were 1/2 months wages.. To much house for such little income. By the way his interest adjusted by 2 points making his payment unaffordable.. Next stop either bankruptcy or foreclosure..

[battyellison]

You can bet your last dollar that the government and the Bush Administration will do something to bail the stock market out although for the life of me when did our stock market gains and losses start moving based on communist china? If you recall their Bushit toys, foods , ect.... America didn''t think that would make them mad? Then again a few months ago slush fund managers were getting 30-50 million dollar bonus buying 350k car''s with all the trimmings

[feelfree1]

There was a big dip in the stock market, just prior to the 9/11/01 attacks. The wheels are coming off of the Bushco hate/war/ignorance-based economy.

It looks like we can expect an illegal war of aggression against Iran, and/or another staged terrorism attack in the near future. It is about the only way that the regime can maintain power and control at this point.

Don''t miss the film "Zeitgeist"

http://video.google.com/videoplay?docid=5547481422995115331

[incog-nito]

The charade is over. A nation''s real wealth is in manufacturing, in taking raw material and adding value to it through innovation. The American manufacturing base has been decimated. You can''t create wealth by spending money you don''t have, by having jobs that mostly involve shuffling paper around, or by hoping to get rich through speculation. That''s a recipe for disaster.

[gmcnally2]

When markets crash wealth is not destroyed, it is redistributed. The FED is a private entity and it causes these swings to enrich it''s patrons. KILL THE FED NOW! Let the government issue $ and control inflation and stop paying interest to further enrich the worlds richest people.
Watch ''Money Masters'' on Google video. Time to stop the insanity.

[stewart2511]

It is about time the upper class (rich) in America (as it is so called) start feeling what the middle/poor class in Amercia (this great country of ours - NOT!)have been feeling for some time. Are they biting their nails down to the nub? No they have plenty, but worry when they start losing the slightess. It is about time they start living like the rest of us, who constantly give money to the government (not by our choice)and the government never recognizes! Once again, although the government never helps the middle/poor class, I will bet my last pennies that the government will run to the aid of the rich and powerful to help bail them out.

IT''S ABOUT TIME! WHEN WILL AMERICA WAKE UP????????????

[walt1944-2009]

Emperor Bush has just announced that he intends to rescue the stock market (and thus his big business corporate friends) by printing more money since foreign markets are becoming "nervous" about the value of American securities. The Emperor feels that with more printed paper around, this will ease the fears in the stock market. The Emperor is not concerned that printing more money will make the currency more worthless than it already is. Naturally, Emperor Bush will do nothing about bringing more jobs back to the US or creating more jobs to help the average homeowner hold on to what is left of the "American dream" as he feels the economy is "booming", and who cares about the middle class anyway.

Another triumph of "Bushonomics" (formerly Reganonomics)!

SIG HEIL, BUSH!!!

[infidel_us]

Dommit ROVE! You and Bush need to stop rigging the market to make millions while we, the little people, suffer! :)

[bishopleland]

St. Paul said two thousand years or so ago, "...the love of money is the root of all evil." Doesn''t appear to have changed any. Today is just another sample. Now, what will all the panic, suicides, other crimes to cover up the irrationality of modern capitalism accomplish?

[rudy654-2009]

Just over a year ago, houses were soaring higher and higher in prices. Homes would literally double in price within a month''s time, well above most people''s means. The greed factor was in full bloom. Where did they think this greed was going to take them? Regardless, we''re there.

[imprisonbush]

Gosh, I am confused. Why are the markets so scared about the house of financial cards that this country is built on? Didn''t they hear Bush, Cheney, Rove and all of the leading Republicans tell us how strong they have built this econonmy? Geesshhh. One might think that nobody believes these people or something.

[BlueInWI]

Time for another speech by GW(tf) to calm the markets!!!???

Strike that. Time to impeach GW(tf).

[incog-nito]

oscarez: Tomorrow''s going to be big day! People are going to close out their positions, creating downward pressure on the market. Don''t know if it''s going to be black, but it''s going to be very interesting.

[oscarez]

Is tomorrow going to be another Black Friday, 1929?

[antoniof123]

So let me get this straight prosperty through debt is good yea, right that is Reganomics morons.

[incog-nito]

Time to sell short! (If you know what I''m talking about). Make money on the way down. BTW, this is an opinion, not investment advice.