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Obama XI: Turn And Face The Strange

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Re: Obama XI: Turn And Face The Strange

I'm pretty sure it's taken as read that each would buy the other a beer if they met at games & etc. That doesn't need to be said, right?
 
Re: Obama XI: Turn And Face The Strange

I opened the page and it was down 400. I hit refresh 15 seconds later. Down 600. Another 15. Down 1,000.

It's back up to only 600 down. Computer kick-ins. Crazy ****.
 
Re: Obama XI: Turn And Face The Strange

dxmnkd316 said:
I opened the page and it was down 400. I hit refresh 15 seconds later. Down 600. Another 15. Down 1,000.

It's back up to only 600 down. Computer kick-ins. Crazy ****.
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It's like someone is playing with the markets. :p

It was down almost 1000 and has gone up over 400 points in the last few minutes...very strange.

Edit:
The server encountered a temporary error and could not complete your request.<p>Please try again in 30 seconds.
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Re: Obama XI: Turn And Face The Strange

dxmnkd316 said:
I opened the page and it was down 400. I hit refresh 15 seconds later. Down 600. Another 15. Down 1,000.

It's back up to only 600 down. Computer kick-ins. Crazy ****.
Click to expand...

This is a stupid question, but after the mini-crash (93?) I thought they put in a lot of rules to stop the computers from cratering on a feedback loop.
 
Re: Obama XI: Turn And Face The Strange

Kepler said:
This is a stupid question, but after the mini-crash (93?) I thought they put in a lot of rules to stop the computers from cratering on a feedback loop.
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Someone just made a ****load of money.
 
Re: Obama XI: Turn And Face The Strange

CNN was reporting the Proctor and Gamble went from a fast to slow market, and other markets didnt recognize that, and since P&G is a blue chip stock and dropped dramatically, the DOW was affected directly.

Not sure how accurate that reporting is, and Im sure Greece has a lot to do with it as well.

My question is since countries need bailouts now, some are going to fail. What happens to failed countries? Besides Anarchy.
 
Re: Obama XI: Turn And Face The Strange

NMU8405 said:
CNN was reporting the Proctor and Gamble went from a fast to slow market, and other markets didnt recognize that, and since P&G is a blue chip stock and dropped dramatically, the DOW was affected directly.

Not sure how accurate that reporting is, and Im sure Greece has a lot to do with it as well.
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The P&G hiccup may have been the impetus, but it's telling that there were a helluva lot of people ready to drop and run (a lot of the drop came amidst a LOT of sell orders kicking in all at once). Between the BP spill, Greece, and the uncertainty of the UK election today, everything gathered, I think, to create the perfect storm.

The market fell so far, so fast, that it turned around just as quickly when a ton of buy orders went into effect as the market fell below 10k. Everything's almost back to normal now (it's only down about 100 from where it was when this panic started), but it's a harbinger of bad things to come. The FTSE is probably screwed tomorrow unless the Tories win a majority (and even then there might be some Greek worries), and with investors not wanting to stand long over the weekend, tomorrow could suck nuts on Wall Street.

My question is since countries need bailouts now, some are going to fail. What happens to failed countries? Besides Anarchy.
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Cast your eyes south of the Rio Grande.
 
Re: Obama XI: Turn And Face The Strange

Kepler said:
I'm pretty sure it's taken as read that each would buy the other a beer if they met at games & etc. That doesn't need to be said, right?
Click to expand...

Oh hell I'd buy Red Cloud a beer if I saw him again at a game. Sometimes a little context does help though.
 
Re: Obama XI: Turn And Face The Strange

Jim Cramer saved civilization by telling people to start snapping up Procter and Gamble.

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Re: Obama XI: Turn And Face The Strange

What government can do when it's run by the adults...

"I've never seen this kind of response," said Tennessee Governor Phil Bredesen, "and we've had our share of tornadoes and so forth." The Volunteer State governor was speaking to reporters on a conference call from Nashville, which has been hit hard by rains last weekend.

"FEMA and the White House could not have been more helpful in this thing," Bredesen said. Record amounts of rain fell Saturday and Sunday, more than 13 inches recorded in parts of Tennessee. Officials Thursday reported the state's 20th death from the storm and subsequent flooding.

After speaking with the governor Monday, President Obama signed a disaster declaration for the state Tuesday, sending federal aid to Tennessee to help supplement the state and local recovery efforts. While Governor Bredesen wouldn't put a precise dollar amount on a damage assessment, he admitted, "it's a lot of money, it's a lot of money. I'd be astonished if not a billion dollars."

Governor Bredesen recognized his state's emergency was "sandwiched between" the news coverage of the oil spill in the Gulf of Mexico and the attempted car bombing in New York's Times Square, and while he wanted to call national attend to the "extraordinary event", he noted the Obama administration has been focused from the beginning. "FEMA was on the ground before the rain drops fell," said Bredesen, who noted he'd not only spoken to Mr. Obama, but Homeland Security Secretary Napolitano and Senior Adviser Valerie Jarrett. "We're very pleased with the response we've gotten from the administration."
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Re: Obama XI: Turn And Face The Strange

Priceless said:
What government can do when it's run by the adults...
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Hooray for pro-business politicians! I know, I know, you think Bredesen is a garden-variety socialist because you see his (D), but he's actually fairly right-of-center.
 
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