Black Monday... (user search)
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Small Business Owner of Any Repute
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« on: September 15, 2008, 10:44:17 AM »
Listen, Duke & Duke totally collapsed back in 1983 when Dan Aykroyd and Eddie Murphy received an advance copy of the orange crop report.  If Wall Street could survive that, it can survive this.
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Small Business Owner of Any Repute
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« Reply #1 on: September 15, 2008, 11:42:13 AM »

Before we get too chicken little, that wouldn't even classify as the biggest one-day drop this month.
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Small Business Owner of Any Repute
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« Reply #2 on: September 15, 2008, 01:03:58 PM »
Quote from: daboese on September 15, 2008, 12:52:21 PM
And says something about Bush's policies.
I forgot to mention that the "country first" slogan will not work if there is a crash at Wall Street and all the other markets.

A bit simplistic to blame this on "Bush's policies," don't you think?
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Small Business Owner of Any Repute
Mr. Moderate
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Posts: 13,431
United States


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« Reply #3 on: September 15, 2008, 03:54:58 PM »
Shucks.  Time to boost my 401(k) contribution and push a little bit extra into my IRA.  I'd buy into a financial sector SPDR, but I'm hestitant considering that a large number of the companies in there are headed down to worthlessness.  (And a few others are already there.)
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Small Business Owner of Any Repute
Mr. Moderate
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Posts: 13,431
United States


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« Reply #4 on: September 16, 2008, 12:37:32 PM »
My friend, formerly of Bear Stearns (now JP Morgan) recommends you begin heavily investing in funds placed under your mattress.
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Small Business Owner of Any Repute
Mr. Moderate
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Posts: 13,431
United States


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« Reply #5 on: September 18, 2008, 03:05:04 PM »
Quote from: J. J. on September 18, 2008, 02:56:52 PM
Is this now White Thursday the day the crisis ends?

The wild one day swings make me a bit nervous, but I'm glad to see the shares of Citibank I bought this week are already up 15%.
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