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Forums - General - Dow up 936 points

appolose on 13 October 2008

Since no one seems to have posted it, oddly.

It's the largest point gain in the Dow's history; so large that the Dow is back over 9000 (ignoring the meme here)

It's been really bumpy month, eh?



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Esmoreit on 13 October 2008

I heard it this afternoon... After the EU plans went through, all stocks rose especially the financial ones. I was surprised in a good way. PErhaps we can divert the recession.



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NJ5 on 13 October 2008

There has been some discussion on this here:

http://www.vgchartz.com/forum/thread.php?start=50&id=44707

The market is very volatile. Everyone's waiting for the next piece of bad news, but trying to profit in the meantime... Anyway, the injection of cash into banks by EU/US will help for a while, I'm just worried about the inflation which might result later.

When governments mess too much with the economy, they often end up screwing it up even more.

 



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appolose on 13 October 2008
NJ5 said:

There has been some discussion on this here:

http://www.vgchartz.com/forum/thread.php?start=50&id=44707

The market is very volatile. Everyone's waiting for the next piece of bad news, but trying to profit in the meantime... Anyway, the injection of cash into banks by EU/US will help for a while, I'm just worried about the inflation which might result later.

When governments mess too much with the economy, they often end up screwing it up even more.

 

 

Ah, I was wondering where it was :)

I'm of the same mind, too.  Laissez-faire FTW!



Okami

To lavish praise upon this title, the assumption of a common plateau between player and game must be made.  I won't open my unworthy mouth.

Christian (+50).  Arminian(+20). AG adherent(+20). YEC(+20). Pre-tribulation Pre-milleniumist (+10).  Republican (+15) Capitalist (+15).  Pro-Nintendo (+5).  Misc. stances (+30).  TOTAL SCORE: 195
  http://quizfarm.com/test.php?q_id=43870 <---- Fun theology quiz
gomezc on 13 October 2008
NJ5 said:

There has been some discussion on this here:

http://www.vgchartz.com/forum/thread.php?start=50&id=44707

The market is very volatile. Everyone's waiting for the next piece of bad news, but trying to profit in the meantime... Anyway, the injection of cash into banks by EU/US will help for a while, I'm just worried about the inflation which might result later.

When governments mess too much with the economy, they often end up screwing it up even more.

 

Agreed, however if it weren't for the financial sector f***ing up in the first place with mortgages the gov wouldn't have to step in and clean up everyone's shit.

 



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The_vagabond7 on 13 October 2008

Inflation is my biggest concern right now too. Good that the dow did something other than drop though.



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halogamer1989 on 13 October 2008

Good news for McCain and the rest of the guys at the Arlington HQ! Although the MSM will be more "Doom and gloom."