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Morgan Stanley

Stocks Close Mostly Lower

A mixed day for the key averages, amid fears of a big sell-off connected to JP Morgan Chase's deal to buy Bear Stearns for $2 a share.

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Lol
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#1
Mar 17, 2008
 
Dumbie finally has stopped looking through hid naval long enough to notice there's a problem.
I choose to see the bright side. Where but in America could who isn't the intellectual equal of turnip because the great decider? Here stupid doesn't bar you from being president.
I'm not bashing Bush. He's a poor victim. He was lied to by Karl Rove that he was presidential. Neoconservatives wanted someone they could control by letting him believe he was making the decisions. With W neocon got a real Charlie McCarthy.
We witness the bitter fruits sow by rationalized greed: conservatism. Most see that trickle down was a play on works. Being trickle down upon, amounts to being urinated on.
Whatevah
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#2
Mar 17, 2008
 
Ya!! Right!!!
Kelly
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#3
Mar 17, 2008
 
A little economics lesson for those of you who slept though class. The economy is a big cycle, every 15 years or so we get bad times, every 15 years or so we have booming times. It's predictable, and politicans have never seemed to realize that nothing they do can stop the cycle.
So lets sit back, ride out the low end of the cycle, so we can get on with our lives.

“The Champ is Here!”

Joined: Sep 6, 2007
Comments: 125
Sacramento, Ca
ISP Location: United States
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#4
Mar 18, 2008
 
It's too little too late. Time to start looking at other countries to live in. This one is going down in flames.
JTTQ
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#5
Mar 18, 2008
 
But I see the Dow jumped up 200 in the opening minutes.
Dave
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#6
Mar 18, 2008
 
Look at the foolish sheep pile into the market today. Rate cuts are not going to stop, or repair the damage that has already been created. The public is so naive, a stock market rally in this market is nothing more than uneducated masses looking for a quick buck.
wake up
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#7
Mar 18, 2008
 
Kelly wrote:
A little economics lesson for those of you who slept though class. The economy is a big cycle, every 15 years or so we get bad times, every 15 years or so we have booming times. It's predictable, and politicans have never seemed to realize that nothing they do can stop the cycle.
So lets sit back, ride out the low end of the cycle, so we can get on with our lives.
I could not agree with you more GREAT POST

“Listen up!”

Joined: Sep 17, 2007
Comments: 1186
Rancho Cordova
ISP Location: Los Angeles, CA
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#8
Mar 18, 2008
 
wake up wrote:
<quoted text>I could not agree with you more GREAT POST
Agreed.

The gov't is slowing the recovery of the housing market. It needs to bottom out so that the investors and other buyers will step in and start the tide moving up. The gov't interference is only delaying the bottoming out and delaying the recovery that would happen naturally if left alone. Election year theatrics.
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