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  #51  
TheCoolinator TheCoolinator is offline
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Old May 10th, 2010, 01:13 PM       
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Originally Posted by Colonel Flagg View Post
No need to state your theory twice, we all read it the first time.

Except maybe you?
lol, whoops.

Sorry, I don't pay too much attention to this thread. I probably should of said "Now I know for sure" that a hedgefund blew up and leaked there derivative debts onto the market hence the drop.
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  #52  
Colonel Flagg Colonel Flagg is offline
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Old May 10th, 2010, 02:26 PM       
No it didn't.
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  #53  
TheCoolinator TheCoolinator is offline
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Old May 10th, 2010, 02:56 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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  #54  
Colonel Flagg Colonel Flagg is offline
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Old May 10th, 2010, 03:40 PM       
By the way, the Dow is up over 350 points today. Should we make a new thread?
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  #55  
TheCoolinator TheCoolinator is offline
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Old May 10th, 2010, 03:47 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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  #56  
Evil Robot Evil Robot is offline
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Old May 10th, 2010, 06:28 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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Evil Robot Evil Robot is offline
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Old May 10th, 2010, 07:32 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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Fathom Zero Fathom Zero is offline
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Old May 10th, 2010, 07:51 PM       
COCA COLA
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  #59  
Pentegarn Pentegarn is offline
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Old May 10th, 2010, 08:02 PM       
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Pentegarn, fair enough, I can agree with what you're saying (however Kahljorn's "reply" leaves a bit to wish for), even though I think you may be splitting hairs a bit. It sounds a bit like when communists defend communism in the similar fashion ("what we've seen haven't been true communisms").
That's just it though, while communists can say that, they have no era where communism works effectively to use as a basis of comparison, while capitalism does. Yes, the stock market, speculation, and futures may be a side effect of free trade, (though I tend to call them a cancer, as I prefer investors be people shaking hands with other people as opposed to what we have in the stock market now) but they weren't always there, and when they weren't the economy was only effected by tangible occurrences like war and shortages. That is my point when I say "true capitalism" versus this mockery of capitalism we try to pass off as free trade and value for value nowadays.
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Evil Robot Evil Robot is offline
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Old May 10th, 2010, 11:39 PM       
Coca Cola trades on the NYSE
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  #61  
Colonel Flagg Colonel Flagg is offline
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Old May 11th, 2010, 03:21 PM       
Disney
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  #62  
Fathom Zero Fathom Zero is offline
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Old May 16th, 2010, 03:02 PM       
STATE FARM
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Tadao Tadao is offline
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Old May 16th, 2010, 03:42 PM       
YOUR MOMS PUSSY
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  #64  
Fathom Zero Fathom Zero is offline
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Old May 16th, 2010, 04:14 PM       
GREECE.
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Evil Robot Evil Robot is offline
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Old May 17th, 2010, 06:51 AM       
FLUORIDE
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