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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: James Hutton who wrote (188280)	3/4/2009 1:08:46 PM
From: MulhollandDrive	Respond to of 306849

i've been chatting with him about this ticker and i'm challenging him somewhat on the notion that a stock with the widespread ownership like GE could be manipulated downward in this way.....i haven't quite gotten a convincing argument that it can happen though....GE has for all intents and purposes crashed ....down 95%...when that happens to a major company, there is usually a very strong fundamental reason not fully apparent (a la AIG)

To: James Hutton who wrote (188280)	3/4/2009 10:11:33 PM
From: X Y Zebra	Read Replies (3) \| Respond to of 306849

Given Greenspan's role in supposedly saving the market in October 1987, one wonder why he vigorously opposed regulating derivatives. the law of unintended consequences, perhaps... however, there are other black clouds in this economy that have nothing to do with derivatives. it is more simple, but complicated at the same time. america has lost its ability to create good paying jobs for the majority (excluding the educated elite). without these jobs, the entire economy is doomed. add, excessive debt, insane tort law, out of control politicians, who insist in creating pork spending, along with their new ideology of being commies (as in communists), and a populace who is too 'sensitive' since everything is said, sooner or later is deemed to have 'hurt their feelings' and let's not forget... war against capitalism. no wonder they call it the perfect [financial] storm. but no worries... the country voted for change -g those who voted for it, should have been careful what they wished for -gg i am stunned that these bailouts almost read like the new policy implemented in the Twentieth Century Motor Company ... a fictitious company in the novel Atlas Shrugged by Ayn Rand... who is Jon Galt anyone ? -g