GE looking to buy media assets, stupid market soars

Discussion in 'Trading' started by MrDODGE, Nov 17, 2008.

  1. Hahahah... they are looking to buy assets with taxpayer dollars.

    Why the heck is the market taking this as positive news?
     
  2. Anyone watching the YM?

    This is nuts!
     
  3. You mean it was down 1% and now its up 1%? If you think this is nuts, how did you feel about last week?
     
  4. The range of the move isn't what is nuts. It is the premise of the move.

    We will probably end the day positive 400+ on the Dow. :rolleyes:
     
  5. dtan1e

    dtan1e

    i think central banks trying to flood the market with cheap dollars to avoid a recession, i wonder how long u can keep doing that, doesn't at some point its going to all come crashing down?
     
  6. Dow: 36,000
    Gold : $2800
    loaf of bread: $10

    Telling your deflationista friends "I told you so": priceless (i.e. not worth beans).

    Wei... o... Wei.... o... Wei-o (Mar)

    (not having a clue which way this is going personally - Full disclosure)
     
  7. boo hoo hoo noobs should have covered

    inflation good for stock market