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Market Crashes Nearly 1/2%


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#1 DrStool

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Posted 25 September 2009 - 04:12 PM

Hope everyone had a great weak end!!

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#2 hokahay

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Posted 25 September 2009 - 04:35 PM

Hope everyone had a great weak end!!



I got my new macbook pro 13" today, so i am planning on hadding a great weakend. Never touched one before. Software Engineer, go figure. It's built like a masonry Latrine. Solid State HD even. The small one anyway.

Almost forgot, had a 6 level cervical fusion 2.5 weeks ago. Won't forget that experience soon!

#3 Bungster

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Posted 25 September 2009 - 04:36 PM

Yep, it appears the bulls still have both hands on the steering wheel....

toonces.jpg
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#4 Jimi

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Posted 25 September 2009 - 05:00 PM

I got my new macbook pro 13" today, so i am planning on hadding a great weakend. Never touched one before. Software Engineer, go figure. It's built like a masonry Latrine. Solid State HD even. The small one anyway.

Almost forgot, had a 6 level cervical fusion 2.5 weeks ago. Won't forget that experience soon!

I have one.

About a month ago, I accidentally dropped it from the kitchen counter onto a hardtile floor. The hinge mechanism is a little stiffer, but that's it. Very happy with it.

My friend has one, too. Travels with it - has beaten it all to hell. Still works.
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#5 MrHanky

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Posted 25 September 2009 - 05:13 PM

It appears that bounces are now being sold,we will see if it becomes a trend next week.....


:rolleyes:

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#6 psyche doctor

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Posted 25 September 2009 - 05:51 PM

Hope everyone had a great weak end!!


You mean its over already? :lol:
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#7 shorty

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Posted 25 September 2009 - 05:54 PM

U.S. regulators said total losses from large loans at banks and other financial institutions nearly tripled to $53 trillion in 2009, due to a deteriorating economic environment and continued weak underwriting standards.

According to an anal reamport released by the four federal bankster-regulatory agencies on Thursday, credit quality deteriorated to record levels this year.

"While we expected a year-over-year increase in problem assets, given the weak economic environment, declining conmercial ream estate values, and previously weak underwriting, we were surprised by the magnitude of the increase," wrote FBR Capital Markets analcyst Scott Valentin in a reamsearch note to clients Friday.

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#8 briarberrys

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Posted 25 September 2009 - 06:39 PM

The real economy still running slow...


Japanā€™s exports abroad dropped 36 percent from a year earlier compared with a 36.5 percent decline in July

US Durable Goods Orders - New Orders - Yr/Yr Change -20.2 % (was -22.8% last month)

Industrial orders in the EU rose 1.6% MoM, but fell 24.9% YoY

Taiwan, Industrial Production, August: -9.6% (year over year)

#9 Slappy

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Posted 25 September 2009 - 06:51 PM

OK, it's a long story, but the original plan was that a promoter was to have Lynyrd Skynyrd in town this evening and I was going to be there. Poor ticket sales caused a cancellation but with the miracle of the internet we're going to be there even though ...

well, things just couldn't be the same......



#10 Dharmaeye

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Posted 25 September 2009 - 07:13 PM

OK, it's a long story, but the original plan was that a promoter was to have Lynyrd Skynyrd in town this evening and I was going to be there. Poor ticket sales caused a cancellation but with the miracle of the internet we're going to be there even though ...

well, things just couldn't be the same......

http://www.youtube.com/v/P-_8xivRTsY.swf


Great song that owes some of its fame to its use for DJ bathroom breaks.

#11 Slappy

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Posted 25 September 2009 - 07:24 PM

Great song that owes some of its fame to its use for DJ bathroom breaks.


Do you have anything you'd like to share with the group there, Dharma?



I once heard a story of a nightshift DJ that got to know a listener pretty well and one night he got a call from this partiucular fan and she invited him to come on over for a 'special request'. He put the longest song he had on the turntable a went into the night. The radio station played about 2 hours of the end-of-record

click.....

click....

click....

click...

and no one ever noticed....

#12 Dharmaeye

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Posted 25 September 2009 - 07:41 PM

Deleted

#13 quanta

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Posted 25 September 2009 - 07:54 PM

Bank Death Slog

Georgian Bank, Atlanta, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

As of July 24, 2009, Georgian Bank had total assets of $2 billion and total deposits of approximately $2 billion. In addition to assuming all of the deposits of the failed bank, First Citizens Bank agreed to purchase essentially all of the assets.

The FDIC and First Citizens Bank entered into a loss-share transaction on approximately $2 billion of Georgian Bank's assets. First Citizens Bank will share in the losses on the asset pools covered under the loss-share agreement.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $892 million.


FDIC

Gee, the assets and deposits are equal, whatz the prob?
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#14 BusKow

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Posted 25 September 2009 - 08:36 PM

Some equi-time/distance lines for this pulback vs those since Mar

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Prudence, indeed, will dictate that governments long established should not be changed for light and and transient causes, and accordingly all experience hath shown that mankind are more disposed to suffer, which evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations , pursuing invariably the same object, evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.

#15 BusKow

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Posted 25 September 2009 - 08:40 PM

resources w/similar back to support looks, BUTT I'm long Bucky so bias to be expected...actually I'm thinking about gold/silver buy stops for a Moanday bounce scalp...FWIW

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Prudence, indeed, will dictate that governments long established should not be changed for light and and transient causes, and accordingly all experience hath shown that mankind are more disposed to suffer, which evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations , pursuing invariably the same object, evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.





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