Let's watch the Dow... | |
Anonymous Coward User ID: 350060 Netherlands 01/18/2008 12:26 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 258519 United States 01/18/2008 12:30 PM Report Abusive Post Report Copyright Violation | -------------------------------------------------------------------------------- Bomb threat closes World Bank buildings Fri Jan 18, 12:06 AM ET WASHINGTON - The World Bank said it would not open its buildings in Washington on Friday because of a bomb threat. ADVERTISEMENT "World Bank Group Corporate Security is investigating a bomb threat received by telephone. The Bank is working with law enforcement officials to determine the validity of the threat," |
Anonymous Coward User ID: 333551 United States 01/18/2008 12:30 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 333551 United States 01/18/2008 12:34 PM Report Abusive Post Report Copyright Violation | -------------------------------------------------------------------------------- Quoting: Anonymous Coward 258519Bomb threat closes World Bank buildings Fri Jan 18, 12:06 AM ET WASHINGTON - The World Bank said it would not open its buildings in Washington on Friday because of a bomb threat. ADVERTISEMENT "World Bank Group Corporate Security is investigating a bomb threat received by telephone. The Bank is working with law enforcement officials to determine the validity of the threat," Yea right. Its probably closed for some other reason, to prevent being over run by people wanting their money out. |
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Anonymous Coward User ID: 260371 United States 01/18/2008 12:43 PM Report Abusive Post Report Copyright Violation | The Dow going up is bullshit, Don't fall for it, they are injecting all they can but it would not hold, but if they didn't inject we would be down -250+ right now Quoting: Anonymous Coward 331097The big boys and smart one are selling. the big boys and smart ones have been selling for 5 months...they are buying now. |
Omega
User ID: 357617 United States 01/18/2008 12:45 PM Report Abusive Post Report Copyright Violation | omega where are ya?? Quoting: highstrungI have arrived...... Watching Paulson on CNBC right now..... Tax break ASAP eh??? What's the big rush, lmao...... I'll tell ya-pimp it at ALL COSTS so the next sucker that becomes the President goes down as the biggest fool that ever lived. In other words, try and push out the next Great Depression on someone else's watch....... Brilliant, but transparent..... Handguns are a skill; shotguns an art; rifles a science. _____________________________________ Democracy is two wolves and a sheep voting on whats for dinner. Disarmament is the precursor to Genocide. Better to take action now rather than chances later. Your choice. |
Anonymous Coward User ID: 356594 United States 01/18/2008 12:56 PM Report Abusive Post Report Copyright Violation | The Dow going up is bullshit, Don't fall for it, they are injecting all they can but it would not hold, but if they didn't inject we would be down -250+ right now Quoting: Anonymous Coward 260371The big boys and smart one are selling. the big boys and smart ones have been selling for 5 months...they are buying now. I think you're a litte off base on this one... watch the dow in the afternoon, from around 2-4... this is when most institutional selling happens, and all i've seen the past month esp. is an acceleration of the selling... |
Anonymous Coward User ID: 351554 United States 01/18/2008 12:56 PM Report Abusive Post Report Copyright Violation | |
Asinine
User ID: 287311 United States 01/18/2008 12:57 PM Report Abusive Post Report Copyright Violation | It's Friday, so I wouldn't be surprised to see another 3PM slide for the bottom. "It is surprising that supposedly intelligent people can make such asinine statements." -Definition of Asinine, www.Dictionary.com It's all a farce; and, the joke is on all of us. |
Veracity
User ID: 297086 United States 01/18/2008 01:00 PM Report Abusive Post Report Copyright Violation | I'm going to start bottom picking here. Quoting: Anonymous Coward 356594little early, DOW less than 15% from ALL TIME highs... I understand, I do this for a living. I'm already out for a quick 8 S&P points. Gotta be real quick in this environment and control risk via position size. Not a time you want to "invest". This is a traders market. "When the power of love overcomes the love of power, the world will know peace" - Jimi Hendrix "Starve the ego; Feed the soul." - DJ AM The sanctity of the State becomes identified with the sanctity of the ruling class, and the latter are permitted to remain in power under the impression that in obeying and serving them, we are obeying and serving society, the nation, the great collectivity of all of us" - Randolph Bourne |
killdamon
User ID: 333551 United States 01/18/2008 01:03 PM Report Abusive Post Report Copyright Violation | |
killdamon
User ID: 333551 United States 01/18/2008 01:05 PM Report Abusive Post Report Copyright Violation | Stocks Fall After Bush Announces Plan By MADLEN READ, AP Business Writer 44 MINUTES AGO NEW YORK - Wall Street resumed its downward trek Friday as skittish investors, unable to hold on to much optimism about the economy, drew little comfort from President Bush's stimulus plan. Investors had already pulled back from a big early gain, with the major indexes trading mixed as Bush began to speak. By the time the president finished announcing a plan for about $145 billion worth of tax relief, the indexes were well into negative territory. "It's disappointed in the size of the economic growth package. Wall Street's showing its displeasure," said Kim Caughey, equity research analyst at Fort Pitt Capital Group in Pittsburgh. "Honestly, I think the institutional investors understand the limits to the government's ability to enact economic change." The Dow Jones industrial average, up more than 180 points in morning trading, was down 85.11, or 0.70 percent, at 12,074.10. The Dow plunged 306 points Thursday amid deepening pessimism about the economy. The broader Standard & Poor's 500 index fell 15.40, or 1.16 percent, to 1,317.85, while the technology-focused Nasdaq composite index fell 10.38, or 0.44 percent, to 2,336.52. Disappointment with Bush's plan came as investors were searching for those companies that might be weathering the economic slowdown well. Some are indeed doing better than expected _ like International Business Machines Corp., which told Wall Street late Thursday to raise its 2008 profit estimates for the tech company, and General Electric Co., which posted a fourth-quarter profit rise Friday. But many others are struggling. Washington Mutual Inc. reported a steep loss late Thursday for the fourth quarter, as Citigroup Inc. and Merrill Lynch did earlier in the week. With the banking industry trying to fix its shrinking portfolios and preparing for more distress in consumer debt, the economy may only have the government to fall back on _ and Wall Street didn't hear enough from Bush Friday to placate investors. Government bonds showed little movement after Bush's speech. The yield on the benchmark 10-year Treasury note, which moves opposite its price, stood at 3.63 percent _ flat with late Thursday. On Thursday, a dismal reading on the Philadelphia Fed's manufacturing index and ratings agency downgrades of bond insurers sent the market tumbling. On Friday, a Bank of America Corp. analyst cut its ratings on three bond insurers _ MBIA Inc., Ambac Financial Group and Security Capital Assurance Ltd. _ to "Neutral" from "Buy." MBIA fell $2.06, or 22 percent, to $7.16, after a sharp drop Thursday. Ambac rebounded from Thursday's drop, though, rising 25 cents, or 4 percent, to $6.49. The company said Friday it will ditch its previous plan to raise $1 billion in capital, a decision many investors considered an ill-advised move to maintain its ratings. Security Capital Assurance fell 21 cents, or 11.5 percent, to $1.61. A better-than-expected reading on consumer sentiment came as a pleasant surprise to investors Friday, but ultimately did not help Wall Street save its early advance. The University of Michigan's index, which most economists expected show a decline for mid-January, rose instead. Though not a perfect predictor of consumer spending, the report gave Wall Street some hope that Americans' buying might not drop off too precipitously amid worries about a recession. The Index of Leading Economic Indicators, a gauge of future economic activity skidded 0.2 percent in December, registering its third consecutive monthly decline. Federal Reserve monetary policymakers meet Jan. 29-30, and the market widely expects them to lower the key interest rate to stimulate the economy, perhaps by a half-point. Federal Reserve Bank of Richmond President Jeffrey Lacker said Friday that more rate cuts are "quite possible." The dollar rose against most major currencies, while gold slipped. Crude oil futures fell 20 cents to $89.93 a barrel on the New York Mercantile Exchange. The Russell 2000 index of smaller companies fell 9.97, or 1.46 percent, to 670.60. Meanwhile, chip maker Advanced Micro Devices Inc. late Thursday said its fourth-quarter net loss widened, but the loss was smaller than Wall Street predicted. AMD surged 63 cents, or 10 percent, to $6.97. IBM rose $2.25, or 2.2 percent, to $103.35 on its strong outlook. Washington Mutual rose 8 cents to $12.54. Many investors, in anticipation of an even bigger fourth-quarter loss, had driven the savings and loan's stock sharply lower Thursday. In overseas trade, Japan's Nikkei stock index rose 0.56 percent and Hong Kong's Hang Seng index advanced 0.35 percent. In Europe, London's FTSE 100 fell 0.01 percent, Frankfurt's DAX fell 1.34 percent and Paris' CAC fell 1.25 percent. Just passing thru. OG id 126286 NasTraDooMis |
Anonymous Coward User ID: 272356 United States 01/18/2008 01:07 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 260371 United States 01/18/2008 01:08 PM Report Abusive Post Report Copyright Violation | The Dow going up is bullshit, Don't fall for it, they are injecting all they can but it would not hold, but if they didn't inject we would be down -250+ right now Quoting: Anonymous Coward 356594The big boys and smart one are selling. the big boys and smart ones have been selling for 5 months...they are buying now. I think you're a litte off base on this one... watch the dow in the afternoon, from around 2-4... this is when most institutional selling happens, and all i've seen the past month esp. is an acceleration of the selling... well..thats what makes a market..lol get back to me in 4 months |
Anonymous Coward User ID: 357577 United States 01/18/2008 01:12 PM Report Abusive Post Report Copyright Violation | Just how many companies are in the Dow Jones index? 30? How can just 30 companies tell you anything about the future? Out of how many companies in the whole? 30 companies? That is a good "barometer"? The Russell 2000 would be more of where the trend is going if you wish for a barometer to anticipate. |
Anonymous Coward User ID: 357577 United States 01/18/2008 01:14 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 357577 United States 01/18/2008 01:15 PM Report Abusive Post Report Copyright Violation | The Dow Jones Industrial Average is a frequently quoted index of 30 of the nation's top public companies. Each company is weighted based on its market capitalization and the combined value of all 30 equals the average. The companies are chosen to give a broad reflection of corporate industry in the U.S. Below are the 30 companies that make up the average along with their stock symbol, primary business and their index weighting. See stock quotes of all 30 companies. Company Stock Symbol Primary Group 3M Co. MMM Diversified Industrials Alcoa Inc. AA Aluminum Altria Group Inc. MO Tobacco American Express Co. AXP Consumer Finance American International Group Inc. AIG Full Line Insurance AT&T T Telecommunications Boeing Co. BA Aerospace Caterpillar Inc. CAT Commercial Vehicles & Trucks Citigroup Inc. C Banks Coca-Cola Co. KO Soft Drinks E.I. DuPont de Nemours & DD Commodity Chemicals Exxon Mobil Corp. XOM Integrated Oil & Gas General Electric Co. GE Diversified Industrials General Motors Corp. GM Automobiles Hewlett-Packard Co. HPQ Computer Hardware Home Depot Inc. HD Home Improvement Retailers Honeywell International Inc. HON Diversified Industrials Intel Corp. INTC Semiconductors International Business Machines Corp. IBM Computer Services Johnson & Johnson JNJ Pharmaceuticals JPMorgan Chase & Co. JPM Banks McDonald's Corp. MCD Restaurants & Bars Merck & Co. Inc. MRK Pharmaceuticals Microsoft Corp. MSFT Software Pfizer Inc. PFE Pharmaceuticals Procter & Gamble Co. PG Nondurable Household Products United Technologies Corp. UTX Aerospace Verizon Communications Inc. VZ Fixed Line Telecommunications Wal-Mart Stores Inc. WMT Broadline Retailers Walt Disney Co. DIS Broadcasting & Entertainment |
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