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We had a good month in the stock market today!

Posted on 7/13/09 at 3:25 pm
Posted by LSURussian
Member since Feb 2005
126960 posts
Posted on 7/13/09 at 3:25 pm
Dow Jones +185.16 +2.27%
S&P + 21.92 +2.49%
Nasdaq + 37.18 +2.12%

Posted by varanook
Gentilly
Member since Jun 2008
28 posts
Posted on 7/13/09 at 3:35 pm to
Thanks to Meredith Whitney.
Posted by LSURussian
Member since Feb 2005
126960 posts
Posted on 7/13/09 at 4:04 pm to
quote:

Thanks to Meredith Whitney.

Yep. I never heard of her before today, but she's my new best friend!
Posted by AUFanInSoCal
Orange County
Member since Nov 2007
1616 posts
Posted on 7/13/09 at 4:53 pm to
quote:

Meredith Whitney


Didn't she predict the financial crisis a few years back?
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 7/13/09 at 4:59 pm to
quote:


Yep. I never heard of her before today, but she's my new best friend!


You're kidding, right?
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 7/13/09 at 5:01 pm to
yea. And today she basically said that the economy still blows, but that Goldman will still make money (presumably because they're allowed to cheat).
Posted by LSURussian
Member since Feb 2005
126960 posts
Posted on 7/13/09 at 8:02 pm to
quote:

but that Goldman will still make money
When I was watching her this morning live on CNBC I thought she predicted GS would have a small loss but she raised her rating on GS because the worst of the financial crisis is over. And that optimism spread to all the financial stocks.
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