drudge report responsible for market crash?

[Phokus]

http://www.usnews.com/usnews/biztech/ca...id_the_drudge_report_help_tan.htm#more

 

[brxndxn]

The media is just mad that a 'normal person' became a respected journalist... so now they're trying to make him look like a news whore. And he doesn't care because he knows he is a news whore.

Everybody wins!!! (except China)

Calm down. Let's all take a deep breath.

 

[Phokus]

Originally posted by: brxndxn
The media is just mad that a 'normal person' became a respected journalist... so now they're trying to make him look like a news whore. And he doesn't care because he knows he is a news whore.

Everybody wins!!! (except China)

Calm down. Let's all take a deep breath.

I dunno about 'respected journalist'... drudge is a sensationalist.

 

[IGBT]

..drudge induced financial paranoia. who would have guessed.

 

[Jawo]

Umm...it was in the WSJ print edition today as well....I doubt it!

 

[BoberFett]

If the market is so shaky that a single person can destroy confidence in it, maybe it deserves to go down.

 

[DainBramaged]

No way. Everyone knows that this is the work of Jim Morrison.

 

[FoBoT]

it is just a overdue correction

drudge doesn't control the markets anymore than the bush/cheney weather machine controls the markets

 

[Jawo]

The only single person that controls the financial markets is Alan Greenspan. He said the markets could drop, and they did!

 

[preslove]

Actually, it was me. My bad.

 

[Queasy]

Wait wait wait....this is so not Drudge's fault. Everyone knows that Bush is to blame.

 

[foghorn67]

Originally posted by: preslove
Actually, it was me. My bad.

Let that be a lesson to you.

 

[Goosemaster]

Originally posted by: preslove
Actually, it was me. My bad.

Yeah..sorry I decided to break up with you yesterday...

I'm sorry, but like I said, I just couldn't stand not hitting it due to your case of the Clap and all....

Disinfect and maybe we'll try again.

 

[JS80]

Originally posted by: Queasy
Wait wait wait....this is so not Drudge's fault. Everyone knows that Bush is to blame.

Don't forget Cheney and Halliburton.

 

[Goosemaster]

Originally posted by: JS80

Originally posted by: Queasy
Wait wait wait....this is so not Drudge's fault. Everyone knows that Bush is to blame.

Don't forget Cheney and Halliburton.

And Drederick Tatum, "scooter" Libby, Don knotts, and that chuck in the Gucci ad...

 

[91TTZ]

"But despite the inflammatory Drudge headline? which, in all fairness, linked to an Associated Press story with that same title... "

His far-fetched story loses all hopes of entertaining me right there.

 

[preslove]

Originally posted by: Goosemaster

Originally posted by: preslove
Actually, it was me. My bad.

Yeah..sorry I decided to break up with you yesterday...

I'm sorry, but like I said, I just couldn't stand not hitting it due to your case of the Clap and all....

Disinfect and maybe we'll try again.

Your post would have been 10x as funny (reaching a 7/10) if you had said "cold sores" instead of the clap

 

[Goosemaster]

Originally posted by: preslove

Originally posted by: Goosemaster

Originally posted by: preslove
Actually, it was me. My bad.

Yeah..sorry I decided to break up with you yesterday...

I'm sorry, but like I said, I just couldn't stand not hitting it due to your case of the Clap and all....

Disinfect and maybe we'll try again.

Your post would have been 10x as funny (reaching a 7/10) if you had said "cold sores" instead of the clap

I'd rather kill a thousand men than tell the truth....

 

[dmcowen674]

Originally posted by: BoberFett
If the market is so shaky that a single person can destroy confidence in it, maybe it deserves to go down.

AnandTech -- Politics and News Economy:2-26-07 Greenspan says U.S. likely in Recession by end of 2007

Topic Title: Economy:2-26-07 Greenspan says U.S. likely in Recession by end of 2007

 

[SarcasticDwarf]

Personally, I do not care. The stock market is much like going to a casino. The value of a stock is not based on its actual value (it is in the VERY long term). *Everyone* knows we will have a recession, it is the natural order of things. Every stupid piece of news generally has a disproportionate effect on prices.

 

[JS80]

Originally posted by: SarcasticDwarf
Personally, I do not care. The stock market is much like going to a casino. The value of a stock is not based on its actual value (it is in the VERY long term). *Everyone* knows we will have a recession, it is the natural order of things. Every stupid piece of news generally has a disproportionate effect on prices.

If you *know* we are going to enter a recession, why don't you short the markets and become a millionaire?

 

[SarcasticDwarf]

Originally posted by: JS80

Originally posted by: SarcasticDwarf
Personally, I do not care. The stock market is much like going to a casino. The value of a stock is not based on its actual value (it is in the VERY long term). *Everyone* knows we will have a recession, it is the natural order of things. Every stupid piece of news generally has a disproportionate effect on prices.

If you *know* we are going to enter a recession, why don't you short the markets and become a millionaire?

It is more a timing thing. The stock market will go up, but only in the long term. In the short term there are ups and downs. Nobody can predict exactly when the downturn will happen. Sure, the downturn in the housing market is an indicator, but that does not predict. Greenspan said that one was coming, but did not predict exactly when.