The Dow is up 379 points today, will Splum start a thread congratulating Obama

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  • Snake Doctor
    I'm Lenny2 Bitch
    • Mar 2001
    • 13449
    #1

    The Dow is up 379 points today, will Splum start a thread congratulating Obama

    on what a great job he's doing and say that hope is alive?

    It only took a 300 point drop for him to decide Obama was a terrible President.
    http://www.gofuckyourself.com/showthread.php?t=891113

    Surely a 379 point gain makes him a good one now.
    sig too big
    Tags: None
    • Reak AGV
      Confirmed User
      • Dec 2004
      • 4283
      #2
      I doubt he will, he's been so negative.

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        • $5 submissions
          I help you SUCCEED
          • Nov 2003
          • 32189
          #3
          I congratulate Obama administration on the uptick rule implemenation... and the short sellers covering their shorts thereby pumping up finance stock prices. However, the jury's still out on whether the uptick rule is really an effective brake against short stock speculation.

            Comment

            • StuartD
              Sofa King Band
              • Jul 2002
              • 29903
              #4
              This is me on facebook
              This is me on twitter

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                • Bill8
                  Confirmed User
                  • Oct 2001
                  • 1901
                  #5
                  People like splum are desperately trying to cover up the crimes and mismanagement of the republicans.

                  So it's a waste of time to make ethical or rational arguments.

                  Their hatred for america is all they have left.

                    Comment

                    • Snake Doctor
                      I'm Lenny2 Bitch
                      • Mar 2001
                      • 13449
                      #6
                      Originally posted by $5 submissions
                      I congratulate Obama administration on the uptick rule implemenation... and the short sellers covering their shorts thereby pumping up finance stock prices. However, the jury's still out on whether the uptick rule is really an effective brake against short stock speculation.
                      Well the one thing the uptick rule can do is prevent alot of short bets from becoming a self-fulfilling prophecy. Without it a bear raid can drive a perfectly healthy company into bankruptcy.
                      sig too big

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                        • smax
                          Confirmed User
                          • Jun 2007
                          • 341
                          #7

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                            • Snake Doctor
                              I'm Lenny2 Bitch
                              • Mar 2001
                              • 13449
                              #8
                              What's the matter Splumster? Does the Dow only matter when it backs up what you were already going to say about Obama?

                              You miserable punkfaggot
                              sig too big

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                                • stickyfingerz
                                  Doin fine
                                  • Oct 2005
                                  • 24984
                                  #9
                                  Did you start any congratulating Bush when the Dow hit 13,000 a year ago? lol

                                    Comment

                                    • crockett
                                      in a van by the river
                                      • May 2003
                                      • 76818
                                      #10
                                      Originally posted by Snake Doctor
                                      on what a great job he's doing and say that hope is alive?

                                      It only took a 300 point drop for him to decide Obama was a terrible President.
                                      http://www.gofuckyourself.com/showthread.php?t=891113

                                      Surely a 379 point gain makes him a good one now.
                                      lol no he will start at least 10 bashing him though. That guy sure as hell has gone off the deep end.
                                      In November, you can vote for America's next president or its first dictator.

                                        Comment

                                        • stickyfingerz
                                          Doin fine
                                          • Oct 2005
                                          • 24984
                                          #11
                                          http://moneycentral.msn.com/investor/charts/chartdl.aspx?Symbol=$indu&CP=0&PT=11

                                          Dow record high during Bush's term. Interesting. lol

                                            Comment

                                            • $5 submissions
                                              I help you SUCCEED
                                              • Nov 2003
                                              • 32189
                                              #12
                                              Originally posted by Snake Doctor
                                              Well the one thing the uptick rule can do is prevent alot of short bets from becoming a self-fulfilling prophecy. Without it a bear raid can drive a perfectly healthy company into bankruptcy.
                                              Right but the uptick rule's been in effect since the 30's to 2007 and in all that time it hasn't really braked shorts in any fundamental way. The crash of 1987 still happened, people will still short stocks that they see have some real weakness. Bear raids of "perfectly healthy companies" are relatively rare considering the risk of shorting against the stock's fundamental strength.

                                                Comment

                                                • Snake Doctor
                                                  I'm Lenny2 Bitch
                                                  • Mar 2001
                                                  • 13449
                                                  #13
                                                  Originally posted by stickyfingerz
                                                  Did you start any congratulating Bush when the Dow hit 13,000 a year ago? lol
                                                  No but I didn't start any blaming him when the market crashed after 9/11.

                                                  I'm fucking with a guy who thinks everything wrong in the world has been caused by Obama in the last 45 days.

                                                  Originally posted by $5 submissions
                                                  Right but the uptick rule's been in effect since the 30's to 2007 and in all that time it hasn't really braked shorts in any fundamental way. The crash of 1987 still happened, people will still short stocks that they see have some real weakness. Bear raids of "perfectly healthy companies" are relatively rare considering the risk of shorting against the stock's fundamental strength.
                                                  I was just paraphrasing George Soros.
                                                  http://www.ft.com/cms/s/0/49b1654a-e...0779fd2ac.html

                                                  Getting rid of naked shorting (where the vendor has not borrowed the stock in advance) has helped alleviate the downward pressure also. Without that, you could literally have more short bets against a company than it has shares outstanding.
                                                  sig too big

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                                                    • Penthouse Tony
                                                      Confirmed User
                                                      • Apr 2004
                                                      • 5835
                                                      #14
                                                      Originally posted by smax
                                                      aamos AT FFN dot com
                                                      Penthouse.com Business Development
                                                      ICQ: 49090846 | Yahoo IM: ff_aamos

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