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Re: Our financial system is crumbling this week.

Posted: March 9 09, 6:16 pm
by ghostrunner
sighyoung wrote:Image

This is a Time Magazine chart depicting job losses during six recessions. The brown line on the left is the current economic downturn.
You're a negatory nabob of negatastisism.

Re: Our financial system is crumbling this week.

Posted: March 10 09, 1:02 am
by dangerous

Re: Our financial system is crumbling this week.

Posted: March 10 09, 8:03 am
by TimeForGuinness
If every joe-schmo is getting into gold and out of the market, then that is my queue to start investing in the market.

...that and all the different "Gold 4 Cash" companies that seem to be popping up. Sounds like a bubble.

Dollar Cost Averaging FTW!

Re: Our financial system is crumbling this week.

Posted: March 10 09, 8:57 am
by sighyoung
ghostrunner wrote:
sighyoung wrote:Image

This is a Time Magazine chart depicting job losses during six recessions. The brown line on the left is the current economic downturn.
You're a negatory nabob of negatastisism.
Image

You're a voice of the people, ghostrunner.

Re: Our financial system is crumbling this week.

Posted: March 10 09, 5:42 pm
by dangerous

Re: Our financial system is crumbling this week.

Posted: March 10 09, 5:49 pm
by dangerous
ImageSonus Networks

Re: Our financial system is crumbling this week.

Posted: March 10 09, 6:06 pm
by dangerous
This company has someting to do with expanding a 3G network in China. What's a 3G network?
ImageCOGO Group

Re: Our financial system is crumbling this week.

Posted: March 10 09, 6:17 pm
by haltz
It just stands for 3rd generation. Higher bandwidth for data transmission. If you have a smartphone (or any newer phone) in California you probably use it every day. On my phone I can switch between EDGE (2.5G I think), 3G, or a wi-fi hotspot. I don't notice much difference between the latter two.

Re: Our financial system is crumbling this week.

Posted: March 11 09, 8:23 am
by GatewaySnayke
The Dow went back over 7,000 this morning, but it's back under again. I don't understand why people think that a healthy Dow is the true indicator that America's sex is on fire. I don't recall any adults I knew pirouetting over the good Dow average a few years ago.

Re: Our financial system is crumbling this week.

Posted: March 11 09, 8:27 am
by Jocephus
more jim cramer stuff
In light of the current economic crisis, and with the hullabaloo ignited recently by Jon Stewart over the accuracy of CNBC's reporting, we thought it might be useful to revisit this shocking 2006 interview Jim Cramer gave to TheStreet.com's Aaron Task.

In it, the host of Mad Money says he regularly manipulated the market when he ran his hedge fund. He calls it "a fun game, and it's a lucrative game." He suggests all hedge fund managers do the same. "No one else in the world would ever admit that, but I could care. I am not going to say it on TV," he quips in the video.

He also calls Wall Street Journal reporters "bozos" and says behaving illegally is okay because the SEC doesn't understand it anyway.
http://www.huffingtonpost.com/2009/03/1 ... 73824.html