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Re: UAL - *SOLD* 

By: clo in ROUND | Recommend this post (1)
Fri, 05 Aug 11 8:11 PM | 34 view(s)
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Msg. 34338 of 45644
(This msg. is a reply to 34334 by Decomposed)

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Decomp,

"This is pretty weird. The debt ceiling gets raised. The nation's AAA credit rating gets preserved. Yesterday's jobs' report came in as expected. Today's farm payrolls are BETTER than expected.

And the market is tanking hard."

Congress did a lot of damage before closing the crappy deal.

The deal they made is to CUT 10% of discretionary spending, that will HARM the economy & create an estimated another million unemployed.

And that's for starters. McConnell explained they intend to do this dance again & again, holding the economy hostage, in his opinion is a good thing.
I'd like to see them voted out, most of them.

The "global economy" use to be the reason for growth. now its the cause of an economic cancer metastasizing. clo




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The above is a reply to the following message:
Re: UAL - *SOLD*
By: Decomposed
in ROUND
Fri, 05 Aug 11 7:56 PM
Msg. 34334 of 45644

Nemo:

re: "Where ya been LOL."

I know, I know. But I'm surprised everyone else has apparently picked up on it as well.

This is pretty weird. The debt ceiling gets raised. The nation's AAA credit rating gets preserved. Yesterday's jobs' report came in as expected. Today's farm payrolls are BETTER than expected.

And the market is tanking hard.

Mind you, I'm not surprised that the Dow is falling. It's definitely overpriced, and I've had my 401(k) money out of it for quite a while. The surprise is that it's tanking NOW - when all that's happened is the passage of time and some relatively good news. Why it didn't fall hard a week ago is what's got me stumped.


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