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Evil Robot Evil Robot is offline
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Old May 10th, 2010, 01:55 PM       
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Originally Posted by TheCoolinator View Post
I heard that they reason why it fell was because a Hedgefund busted and all of those worthless derivatives were shown to the market.

Proctor and Gamble's derivative dabbling took their stock from 60 to 30.

I wonder how many more will succumb to this derivative mess.
Yeah fuck that shit. We should abandon the stock market so nobody can raise money for large projects and just go back to trading beads for pieces of cloth.
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Old May 10th, 2010, 01:56 PM       
Everybody's stupid except for you coolie, you ******.
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Colonel Flagg Colonel Flagg is offline
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Old May 10th, 2010, 03:26 PM       
No it didn't.
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Old May 10th, 2010, 03:56 PM       
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No it didn't.
Proctor & Gambles stocks were slahed by half the other day because of derivatives debt and there was another stock that went from 40 dollars to a penny.

Hope those people invested in commodities because their paper backed assets just fell into the shredder.
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Colonel Flagg Colonel Flagg is offline
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Old May 10th, 2010, 04:40 PM       
By the way, the Dow is up over 350 points today. Should we make a new thread?
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Old May 10th, 2010, 04:47 PM       
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By the way, the Dow is up over 350 points today. Should we make a new thread?
It will drop again. The only reason why it's going up is because they are signing the EU bailout bill. Once the bailout money evaporates we will see another market crash.

Ahhhh....Corporate Welfare! Zombie banks getting injections of liquid formaldehyde.
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Old May 10th, 2010, 07:28 PM       
You do understand that the market goes both up AND down right? If you were really as smart as you say you are you would have been overjoyed about the 400 point fall and bought stocks which were temporarily undervalued. Your like one of those assholes that thinks real estate can only go up in value.
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Old May 10th, 2010, 08:32 PM       
Did you even know that there is more than one stock exchange? Your just focusing in on the DOW like a fucking laser beam and you havent even had one mention of the other markets.

Name one company that trades on the DOW. I don't mean go look it up, I mean off the top of your head. I bet you don't know.
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Old May 10th, 2010, 08:51 PM       
COCA COLA
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Old May 11th, 2010, 12:39 AM       
Coca Cola trades on the NYSE
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Old May 11th, 2010, 04:21 PM       
Disney
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Old May 16th, 2010, 04:02 PM       
STATE FARM
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Old May 16th, 2010, 04:42 PM       
YOUR MOMS PUSSY
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Old May 16th, 2010, 05:14 PM       
GREECE.
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Old May 17th, 2010, 07:51 AM       
FLUORIDE
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