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re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum

Posted on 3/2/09 at 9:37 pm to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/2/09 at 9:37 pm to
BXP is more of a reach I think, because they have a lot more diversification. They don't have to go bankrupt to have their stock price plummet though, and at $40 (sorry that's what it was when I started tracking last week, its now at $33) there is plenty of room for downside. The other one was SLG (Sl Green Rlty Corp), not SLY, and NLY (Annaly), I mixed them up.
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 3/2/09 at 10:28 pm to
I will take a look at it. Looks like SLG got some debt just before the shite blew up. Will have to look at their statements to see what type of term we are talking. That could be a winner.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/2/09 at 10:56 pm to
Let me know what you dig up. I started looking, but I've gotten seriously sidetracked and haven't had a chance to go into any sort of detail.
Posted by mikeytig
NE of Tiger Stadium
Member since Nov 2007
7091 posts
Posted on 3/3/09 at 2:49 pm to
quote:

Actually, this started long before Obama was in office.

And I voted for Obama and I DO invest in the stock market.

The day I vote Republican is, well...never. ;)

Oh yeah, and under Obama my taxes will increase, and so what? how much money do i actually need?

Greedy Republicans




Yours Truly,
N. Pelosi
This post was edited on 3/3/09 at 2:50 pm
Posted by Gtiger9757
Baton Rouge
Member since Sep 2008
8730 posts
Posted on 3/3/09 at 3:33 pm to
quote:

Actually, this started long before Obama was in office.


And it is only getting worse so far that he has been in office. Not that any president really has complete control over the economy anyway, although I do find it ironic that the stocks have really been taking since it was clear he was going to be president.

quote:

And I voted for Obama and I DO invest in the stock market.


great

quote:

The day I vote Republican is, well...never. ;)


Now this is where I have a problem. Ever considered voting for what is better for your country, and not based on what party you are apart of? Both dems and reps are guilty of this.

quote:

Oh yeah, and under Obama my taxes will increase, and so what? how much money do i actually need?


To you personally, you might not need that much, but someone else might. Everyone's situation is different.

quote:

Greedy Republicans


There are just as many greedy democrats


Posted by SanFranTiger
Dallas, TX
Member since Sep 2003
4899 posts
Posted on 3/3/09 at 6:29 pm to
quote:

Now this is where I have a problem. Ever considered voting for what is better for your country, and not based on what party you are apart of? Both dems and reps are guilty of this.


Actually, the Republicans have made it very clear they don't WANT my vote. And the last Republican in office didn't do what was best for the country.

Funny how people are willing to sacrifice LIVES for our country, but ask them to pay a few more dollars in taxes, and they have a fit.

I would rather pay more taxes.
Posted by SanFranTiger
Dallas, TX
Member since Sep 2003
4899 posts
Posted on 3/3/09 at 6:31 pm to
quote:

This what all those people that voted for OBAMA wanted. They asked for change and got it.


Sincerely,
Warren Buffet
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/3/09 at 8:14 pm to
You guys are great at arguing about nothing.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15047 posts
Posted on 3/3/09 at 8:15 pm to
quote:

You guys are great at arguing about nothing.
I know you are, but what am I?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/3/09 at 8:18 pm to
Posted by CAD703X
Liberty Island
Member since Jul 2008
78175 posts
Posted on 3/3/09 at 10:34 pm to
Here's some more amateur hacking from that yellow rag, the Wall Street Journal

LINK

quote:

As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem.


Yep, nothing to do with Obama's policies right?

quote:

The Democrats who now run Washington don't want to hear this, because they benefit from blaming all bad economic news on President Bush.


quote:

The market has notably plunged since Mr. Obama introduced his budget last week, and that should be no surprise. The document was a declaration of hostility toward capitalists across the economy. Health-care stocks have dived on fears of new government mandates and price controls. Private lenders to students have been told they're no longer wanted. Anyone who uses carbon energy has been warned to expect a huge tax increase from cap and trade. And every risk-taker and investor now knows that another tax increase will slam the economy in 2011, unless Mr. Obama lets Speaker Nancy Pelosi impose one even earlier.


Keep blaming Bush for what the market has done since January you hacks.
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