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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (89911)8/26/2010 1:33:55 PM
From: chartseer  Respond to of 224748
 
Who should I believe you or Charles Nenner?

comrade chartseer



To: Kenneth E. Phillipps who wrote (89911)8/26/2010 2:10:23 PM
From: TideGlider1 Recommendation  Respond to of 224748
 
Not sure about that kenneth. Summer low volume markets can be very deceptive. The economic indicators are terrible. We won't know much until we are into mid September.

That being said a GOP sweep in November could make this a bottom. More stability in companies knowing what tax rates will be and other encumbrances proposed by the Obama administration may fade away.

Hard to tell now, but not a good time to buy the market.



To: Kenneth E. Phillipps who wrote (89911)8/27/2010 12:36:27 AM
From: Hope Praytochange1 Recommendation  Read Replies (1) | Respond to of 224748
 
sh@thead kennyboy bounces in the sewer with sh@head odumba ???



To: Kenneth E. Phillipps who wrote (89911)8/27/2010 1:16:28 AM
From: Hope Praytochange1 Recommendation  Respond to of 224748
 
By JONATHAN CHENG And KRISTINA PETERSON
The Dow Jones Industrial Average stumbled back below 10000 on Thursday, an unwelcome milestone as worries about the U.S. economy increase.

The blue-chip index erased early gains to finish down 74.25 points, or 0.74%, at 9985.81. The close is its first finish below the psychologically important level since July 6.

The Dow has toyed with 10000 for the past few days before finally closing below. The key risk now is that the benchmark will plumb the year's lows reached in July.
sh*head odumba bounces in the sh*thole with tax cheater



To: Kenneth E. Phillipps who wrote (89911)8/27/2010 10:14:38 AM
From: Hope Praytochange  Respond to of 224748
 
The Commerce Department says gross domestic product grew at a 1.6 percent rate in the April-to-June period. Economists expected a 1.4 percent rate.

The second assessment was expected in a speech by Federal Reserve Chairman Ben Bernanke at a conference in Jackson Hole, Wyo. Investors will want to hear not only Bernanke's view of the economy, but also what options he thinks the Fed still has to help the recovery regain momentum. It's widely believed, however, that the Fed has little room to maneuver as interest rates remain near zero.
The Dow closed below 10,000 Thursday, the first time since early July that it finished under that milestone. Investors have been generally pessimistic about the economy, but price moves have also been skewed by the fact that many traders are on vacation. So it's hard to find any significance in the market's expected tick upward Friday.

sh@thead odumba in deep sh@thole



To: Kenneth E. Phillipps who wrote (89911)8/30/2010 8:39:17 PM
From: Hope Praytochange  Respond to of 224748
 
Stocks fell in thin trading after more signs of slowing economic growth got investors worried ahead of a key report on jobs later this week.

The Dow Jones industrial average lost ground throughout the day and closed with a loss of 141 points. Other indexes also fell more than 1 percent. Bond prices rose, sending interest rates lower, as money moved back into the Treasury market.

The latest cause for worry on the economy came in a report early this morning showing that personal incomes rose less than expected in July. That added to a series of discouraging economic indicators recently suggesting that growth could slow down in the second half of the year.

Investors have been focusing on employment data as a way of predicting where the economy is going. Signs of a slowdown in growth has plagued the market for more than a month. Investors are unsure if companies will be able to keep up strong earnings growth if the recovery runs out of steam or falls back into recession.

Investors have been betting in recent weeks that the weaker economic reports will translate into smaller earnings than previously thought. That, in turn, has helped drive stocks lower to match the diminished expectations.

The Dow fell 140.92 to close at 10,009.73. The Standard & Poor's 500 index fell 15.67 to 1,048.92, while the Nasdaq composite index fell 33.66 to 2,119.97.

About four stocks fell for every two that rose on the New York Stock Exchange, where consolidated volume was anemically low at 2.9 billion shares.

Stocks have largely been moving on major economic reports and less on individual corporate news during the past month. Because the Labor Department's monthly employment report doesn't come until Friday, investors will look for signs earlier in the week about the jobs market. A report on private employment comes out Wednesday, and first-time claims for unemployment insurance for last week will come out on Thursday.

On Monday, the Commerce Department said personal income rose 0.2 percent last month, falling below economists' forecast for 0.3 percent growth, according to Thomson Reuters.

Message #89911 from Kenneth E. Phillipps at 8/26/2010 12:55:20 PM

We are bouncing along the bottom.
bottom ?? idiot odumba sinking deep in the sh*thole