THE BORE

General => The Superdeep Borehole => Topic started by: Billy Rygar on May 06, 2010, 02:46:06 PM

Title: wall street freefall
Post by: Billy Rygar on May 06, 2010, 02:46:06 PM
 :o
Title: Re: wall street freefall
Post by: Mupepe on May 06, 2010, 02:51:40 PM
          Symbol     Description     Qty     Purchase Price  Current Price  Total Value     Today’s Change          Total Gain/Loss
   Sell    F    FORD MOTOR CO    100    $13.38         $11.55           $1,155.00           -$79.00(-6.40 %)         -$183.00 (-13.68 %)

   Sell    C      CITIGROUP INC    1000    $4.65         $4.02           $4,020.00          -$160.00(-3.83 %)       -$625.00 (-13.46 %)

   Sell    FNM    FANNIE MAE      100      $1.21           $1.01             $101.00            -$10.00(-9.01 %)             -$20.00 (-16.53 %)

   Sell    FRE    FREDDIE MAC      1000    $1.47         $1.29           $1,290.00          -$140.00(-9.79 %)       -$180.00 (-12.24 %)

       Total:                                                                               $6,566.00   -$389.00(-5.59 %)     -$1,008.00 (-13.31
Title: Re: wall street freefall
Post by: Eric P on May 06, 2010, 02:52:16 PM
white people worries itt
Title: Re: wall street freefall
Post by: Barry Egan on May 06, 2010, 02:53:19 PM
We are Wall Street. It's our job to make money. Whether it's a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn't matter. We would trade baseball cards if it were profitable. I didn't hear America complaining when the market was roaring to 14,000 and everyone's 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I've never heard of anyone going to Gamblers Anonymous because they won too much in Vegas.

Well now the market crapped out, & even though it has come back somewhat, the government and the average Joes are still looking for a scapegoat. God knows there has to be one for everything. Well, here we are.

Go ahead and continue to take us down, but you're only going to hurt yourselves. What's going to happen when we can't find jobs on the Street anymore? Guess what: We're going to take yours. We get up at 5am & work till 10pm or later. We're used to not getting up to pee when we have a position. We don't take an hour or more for a lunch break. We don't demand a union. We don't retire at 50 with a pension. We eat what we kill, and when the only thing left to eat is on your dinner plates, we'll eat that.

For years teachers and other unionized labor have had us fooled. We were too busy working to notice. Do you really think that we are incapable of teaching 3rd graders and doing landscaping? We're going to take your cushy jobs with tenure and 4 months off a year and whine just like you that we are so-o-o-o underpaid for building the youth of America. Say goodbye to your overtime and double time and a half. I'll be hitting grounders to the high school baseball team for $5k extra a summer, thank you very much.

So now that we're going to be making $85k a year without upside, Joe Mainstreet is going to have his revenge, right? Wrong! Guess what: we're going to stop buying the new 80k car, we aren't going to leave the 35 percent tip at our business dinners anymore. No more free rides on our backs. We're going to landscape our own back yards, wash our cars with a garden hose in our driveways. Our money was your money. You spent it. When our money dries up, so does yours.

The difference is, you lived off of it, we rejoiced in it. The Obama administration and the Democratic National Committee might get their way and knock us off the top of the pyramid, but it's really going to hurt like hell for them when our fat a**es land directly on the middle class of America and knock them to the bottom.

We aren't dinosaurs. We are smarter and more vicious than that, and we are going to survive. The question is, now that Obama & his administration are making Joe Mainstreet our food supply…will he? and will they?
Title: Re: wall street freefall
Post by: Mupepe on May 06, 2010, 02:53:46 PM
When do we start our Revolucion?
ok beaner.  cinco de mayo was yesterday.  gtfo
(http://katylagaty.com/yahoo_site_admin/assets/images/wisinyandelrevolucion.161131757.jpg)
Title: Re: wall street freefall
Post by: Mupepe on May 06, 2010, 02:59:01 PM
ahora la huelga
Title: Re: wall street freefall
Post by: TEEEPO on May 06, 2010, 03:00:44 PM
STAGFLATION HERE WE COME
Title: Re: wall street freefall
Post by: Mupepe on May 06, 2010, 03:02:05 PM
What in tarnation
Title: Re: wall street freefall
Post by: Mupepe on May 06, 2010, 03:03:13 PM
y bebemos.  muy rico, papi.
Title: Re: wall street freefall
Post by: Van Cruncheon on May 06, 2010, 03:04:43 PM
it's not THAT big a deal, since trading volumes have been distinguished mentally-challenged light since everyone pulled out during 2 GREAT 2 DEPRESSING kicked off -- nobody's in the market except the crazies right now, which is why the numbers have been so weird the last two years
Title: Re: wall street freefall
Post by: Great Rumbler on May 06, 2010, 03:41:15 PM
Some folks are saying this whole thing was exacerbated by a computer glitch (or hacking attack :o ) that showed some big companies losing more than 50% of their value in a second.

lol stock markets lol
Title: Re: wall street freefall
Post by: TEEEPO on May 06, 2010, 03:41:20 PM
this is my fault :(


i didn't think i'd have such an effect on the market
Title: Re: wall street freefall
Post by: Bocsius on May 06, 2010, 03:44:11 PM
SELL MORTIMER SELL





ok, buy again
Title: Re: wall street freefall
Post by: Phoenix Dark on May 06, 2010, 04:48:20 PM
Quote
According to multiple sources, a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble [PG  60.75    -1.41  (-2.27%)    ], a component in the Dow. (CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff. Watch.)
http://www.cnbc.com/id/36999483

:rofl
Title: Re: wall street freefall
Post by: Joe Molotov on May 06, 2010, 04:49:41 PM
GOOD JON, GREECE
Title: Re: wall street freefall
Post by: Beardo on May 06, 2010, 04:50:29 PM
Quote
According to multiple sources, a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble [PG  60.75    -1.41  (-2.27%)    ], a component in the Dow. (CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff. Watch.)
http://www.cnbc.com/id/36999483

:rofl
:rofl
Title: Re: wall street freefall
Post by: Brehvolution on May 06, 2010, 04:51:22 PM
Oil dropped almost $10 in the last couple days so there is a silver lining. :usa
Title: Re: wall street freefall
Post by: Don Flamenco on May 06, 2010, 04:59:06 PM
I forgot to, uh, carry the Y
Title: Re: wall street freefall
Post by: Kestastrophe on May 06, 2010, 05:30:20 PM
Some folks are saying this whole thing was exacerbated by a computer glitch (or hacking attack :o ) that showed some big companies losing more than 50% of their value in a second.
Accenture and at least one other NASDAQ traded company lost a ton of value that looked rather glitchlike.
Title: Re: wall street freefall
Post by: Van Cruncheon on May 06, 2010, 06:49:11 PM
sell your minorities, it's all over
Title: Re: wall street freefall
Post by: Smooth Groove on May 06, 2010, 06:53:45 PM
Damn, I could have gotten super rich if I had caught some stuff at the exact right moment. 
Title: Re: wall street freefall
Post by: BlackMage on May 06, 2010, 07:42:13 PM
sell your minorities, it's all over
I'm keeping my mexicans.  Reports from Arizona seem to suggest they are going to rarer.

aww crap i shot all mine.
Title: Re: wall street freefall
Post by: Diunx on May 06, 2010, 07:55:32 PM
Every week is some different shit with you Americans :usacry
Title: Re: wall street freefall
Post by: Don Flamenco on May 06, 2010, 08:54:19 PM
Damn, I could have gotten super rich if I had caught some stuff at the exact right moment. 

does it work like that?   like, even if it's a glitch, you win?
Title: Re: wall street freefall
Post by: Phoenix Dark on May 06, 2010, 09:36:37 PM
I didn't know Father Mike worked for Proctor and Gamble
Title: Re: wall street freefall
Post by: Cormacaroni on May 06, 2010, 09:56:40 PM
Even Father Mike would be hard-pressed to kill Wall St. by making detergents.
Title: Re: wall street freefall
Post by: Smooth Groove on May 06, 2010, 11:48:35 PM
Damn, I could have gotten super rich if I had caught some stuff at the exact right moment. 

does it work like that?   like, even if it's a glitch, you win?

Someone in the know told me they can't do anything about it if you were able to buy low at just the right time.  It wasn't just a glitch that caused stock prices to drop.   
Title: Re: wall street freefall
Post by: Brehvolution on May 10, 2010, 09:26:46 AM
Lulz @ CNN money right now
(http://i40.tinypic.com/kcntcg.jpg)

That's a lot of cash!
Title: Re: wall street freefall
Post by: Bocsius on May 10, 2010, 09:31:25 AM
I could go for a trillion billion dollars.
Title: Re: wall street freefall
Post by: Donono on May 10, 2010, 09:40:31 AM
For 1 trillion dollars I'd buy a country.