WHAT KIND OF B.S. is this?!

bleeb

Lifer
Feb 3, 2000
10,868
0
0
So everyone knows that Saddam's kiddies have been slaughtered... but some trix on CNN, had to say that Financial Markets Rose a lot today after the news of their deaths.... what kind of B.S. is that?

Does anyone else think that is insane?
 

NikPreviousAcct

No Lifer
Aug 15, 2000
52,763
1
0
Insane? No. Expected? Yes. I don't know how all of the economy works, and I don't know how the stock market works. But any news of U.S. goals achieved gives me more reason to invest in it.
 

bleeb

Lifer
Feb 3, 2000
10,868
0
0
I'm just amazed at the correlation between rising money markets and the death of two guys.
 

Bootprint

Diamond Member
Jan 11, 2002
9,847
0
0
No BS, that is one thing that impacts the market, good news = up, bad news = down, Long time no news = bad...
 

Bootprint

Diamond Member
Jan 11, 2002
9,847
0
0
Originally posted by: bleeb
So if Jesus's birth was announced... would the markets go up or go down??

Probably up, every one would want to look busy when God shows up...
 

Yax

Platinum Member
Feb 11, 2003
2,866
0
0
Let us know what the excuse is tomorrow when the market drops again.
 

LeeTJ

Diamond Member
Jan 21, 2003
4,899
0
0
hmmm, WTC collapse and Stock market falls.

why doesn't this news bother you??

do you think that the stock market and investors work in a total vacuum?

you must be very very naive
 

Hector13

Golden Member
Apr 4, 2000
1,694
0
0
Originally posted by: bleeb
So everyone knows that Saddam's kiddies have been slaughtered... but some trix on CNN, had to say that Financial Markets Rose a lot today after the news of their deaths.... what kind of B.S. is that?

Does anyone else think that is insane?

would you prefer the markets had gone down? The news was "good news" for the country as a whole (and thus the economy), so why shouldn't the market have reacted positively?
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,268
126
The Dow closed up about 61 points today. Earnings reports are in, and many are favorable. Hardly a strong show of support by Wall Street.
 

Ime

Diamond Member
May 3, 2001
3,661
0
76
Originally posted by: bleeb
So everyone knows that Saddam's kiddies have been slaughtered... but some trix on CNN, had to say that Financial Markets Rose a lot today after the news of their deaths.... what kind of B.S. is that?

Does anyone else think that is insane?

Nope, I think it's perfectly reasonable.
 

sandorski

No Lifer
Oct 10, 1999
70,862
6,396
126
Though it is likely true, Stock Markets use any excuse to party, I'm always a little suspicious of what analysts attribute to Market Ups and Downs.
 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
Originally posted by: bleeb
So everyone knows that Saddam's kiddies have been slaughtered... but some trix on CNN, had to say that Financial Markets Rose a lot today after the news of their deaths.... what kind of B.S. is that?

Does anyone else think that is insane?
Why would it be insane? These weren't toddlers playing soccer and drinking their juicy juice, they were at the top of Iraq's leadership just under Saddam, and their deaths are a blow to the morale and possibly the organization of Iraqi guerilla forces.

Just a suggestion, but stay away from the stock market -- S&P 500 mutual funds like VFINX are as close as you should get.
 

bleeb

Lifer
Feb 3, 2000
10,868
0
0
Originally posted by: DaveSimmons
Originally posted by: bleeb
So everyone knows that Saddam's kiddies have been slaughtered... but some trix on CNN, had to say that Financial Markets Rose a lot today after the news of their deaths.... what kind of B.S. is that?

Does anyone else think that is insane?
Why would it be insane? These weren't toddlers playing soccer and drinking their juicy juice, they were at the top of Iraq's leadership just under Saddam, and their deaths are a blow to the morale and possibly the organization of Iraqi guerilla forces.

Just a suggestion, but stay away from the stock market -- S&P 500 mutual funds like VFINX are as close as you should get.

You don't have to be a TOOL in your replies. JerK =P What's even more amazing is the arrogance of some People.
 

Ornery

Lifer
Oct 9, 1999
20,022
17
81
  • Market Jumps Because Of Death?
  • Two Dead, Market Up 50 Points!
  • WTF, DOW Rises Due To Hussein's Son's Deaths!
I've been impressed by the improvement of topic titles over thw last year. As a rule, I don't click such pathetic titles as, "Look At This" or "Wow, This Sucks". Bored tonight I guess. <shrug>