http://chart.finance.yahoo.com/c/5y/_/_n225
― Eazy, Friday, 10 October 2008 04:54 (fifteen years ago) link
Whee!
― Everything is Highlighted (Hurting 2), Friday, 10 October 2008 04:54 (fifteen years ago) link
http://www.cphelps.id.au/images/ElToro.jpg
― joe 40oz (deej), Friday, 10 October 2008 05:15 (fifteen years ago) link
lol at my 401(k) website. they dropped the graph that usually pops up showing the trajectory of the account. "no, trust us, you really don't want to see that."
― tipsy mothra, Friday, 10 October 2008 05:16 (fifteen years ago) link
http://www.choggy.co.uk/gallery/oblivion.gif
― velko, Friday, 10 October 2008 05:16 (fifteen years ago) link
yah but doesnt the one i posted look so fucking ridiculous?
― joe 40oz (deej), Friday, 10 October 2008 05:17 (fifteen years ago) link
it looks like they were trynna sell subprime condos on the side of it
― joe 40oz (deej), Friday, 10 October 2008 05:18 (fifteen years ago) link
maybe i can find some way to paste that into my 401(k) site.
― tipsy mothra, Friday, 10 October 2008 05:19 (fifteen years ago) link
http://z.about.com/d/cleveland/1/0/3/8/-/-/cliff.jpg
― Eazy, Friday, 10 October 2008 05:24 (fifteen years ago) link
is that the prudential rock
― joe 40oz (deej), Friday, 10 October 2008 05:25 (fifteen years ago) link
That's Jan. 2007 - Jan. 2009
― Eazy, Friday, 10 October 2008 05:31 (fifteen years ago) link
ftse just below 4000
― stet, Friday, 10 October 2008 08:13 (fifteen years ago) link
Guardian reporting today that the UK government can't actually enforce what the banks do with their £50bn at all. Big surprise.
― Matt DC, Friday, 10 October 2008 08:31 (fifteen years ago) link
They may not be able to enforce in the strictest sense of the word, but they can threaten them with the prospect of withdrawing the money or not giving it to them in the first place.
I would rather see Kondratieff's point in terms of money supply. We have had a massive and unsustainable balloon in the money supply followed by a massive contraction that probably get's us out of too much inflation. whilst we shouldn't go back to those conditions we have to do something to mitigate the short to medium term effects of that correction, i.e. increase the money supply, quickly and bring it down gently. The pain has to be mitigated now then we think about fixing. Think of this as the shot of morphine for the ride in the ambulance, the amputation comes later.
― Christopher Blix Hammer (Ed), Friday, 10 October 2008 10:38 (fifteen years ago) link
http://www.bbc.co.uk/blogs/thereporters/robertpeston/
― Christopher Blix Hammer (Ed), Friday, 10 October 2008 10:52 (fifteen years ago) link
specifically:
damnit
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/10/day_of_reckoning.html
http://edition.cnn.com/2008/US/10/08/chicago.evictions/index.html?iref=mpstoryview
man, this sheriff just makes me go all cuddlestein mountain. i immediately thought of david strathairn's sheriff in matewan
― Tracer Hand, Friday, 10 October 2008 10:53 (fifteen years ago) link
xpAnd that's 3 in a row. We have a winner!
― Any cook should be able to run the country. (Ned Trifle II), Friday, 10 October 2008 10:54 (fifteen years ago) link
I'm a lot hung over
http://images.ucomics.com/comics/db/2008/db081009.gif
― Christopher Blix Hammer (Ed), Friday, 10 October 2008 11:06 (fifteen years ago) link
nvestors looked to extend the frenetic selling on Wall Street Friday, adding to yet another global sell-off on concerns that even low interest rates won't help end the worsening credit crisis. Dow Jones industrials futures plunged 250 points ahead of the opening bell in New York.
― Every Day Jimmy Mod Is Hustlin' (Jimmy The Mod Awaits The Return Of His Beloved), Friday, 10 October 2008 12:20 (fifteen years ago) link
The guardian's economics coverage continues to be good through this:
http://www.guardian.co.uk/politics/2008/oct/10/gordonbrown-labour
― Christopher Blix Hammer (Ed), Friday, 10 October 2008 12:22 (fifteen years ago) link
other than larry elliot on occasion guardian hasnt been that great on this. On the other hand the Times has been ludicrous and abysmal. Telegraph has been better than the Guardian though. In the real world Eoubini and Faber have been good reads. Al-Jazeerav English has been good too (and http://www.maxkeiser.com/). and Peter Schiff on Fox News(!) has been on at this for about 7 years and is a good watch
― Kondratieff, Friday, 10 October 2008 12:36 (fifteen years ago) link
Roubini that should say
FT has been kicking ass as well.
― stet, Friday, 10 October 2008 12:38 (fifteen years ago) link
Michael Rowbotham has some interesting stuff relating to the credit bubble. Though was mainly written in mid 1990s before this went into complete lunacy
― Kondratieff, Friday, 10 October 2008 12:48 (fifteen years ago) link
DEEP BREATH HERE WE GO
― rent, Friday, 10 October 2008 13:27 (fifteen years ago) link
Dow down 900 to start.
I'll be your ticker, reflect what you are.
― brownie, Friday, 10 October 2008 13:33 (fifteen years ago) link
er I meant 300 but there's still time
― brownie, Friday, 10 October 2008 13:35 (fifteen years ago) link
holy fuck
― rent, Friday, 10 October 2008 13:37 (fifteen years ago) link
lol market tampering
― joseph sixpack (ice crӕm), Friday, 10 October 2008 13:37 (fifteen years ago) link
Below 8000 now.
― Billy Dods, Friday, 10 October 2008 13:37 (fifteen years ago) link
Dow dives 7,6% on opening (just like Europe has been doing all day)
xpost
― Le Bateau Ivre, Friday, 10 October 2008 13:38 (fifteen years ago) link
Ok everyone relax, it's back above 8000.
― Billy Dods, Friday, 10 October 2008 13:39 (fifteen years ago) link
Pulled up fast to -4% (8100)
― Le Bateau Ivre, Friday, 10 October 2008 13:40 (fifteen years ago) link
do u understand derivatives
When I see that word I think of Brian dePalma films.
Does El Tomboto still think we're NOR rolling into the shitbin?
btw Obama, do you still WANNA be president?
― Dr Morbius, Friday, 10 October 2008 13:42 (fifteen years ago) link
^NOT rolling
― Dr Morbius, Friday, 10 October 2008 13:43 (fifteen years ago) link
dropping again. 1100 points triggers an hour's stop, right?
― stet, Friday, 10 October 2008 13:43 (fifteen years ago) link
DJI 8,323.83 -255.36 (-2.98%) 09:43
It's up, up and awaaay!
― Le Bateau Ivre, Friday, 10 October 2008 13:44 (fifteen years ago) link
14,000 or bust!
― stet, Friday, 10 October 2008 13:45 (fifteen years ago) link
DJI 8,417.42 -161.77 (-1.89%) 09:45
― Le Bateau Ivre, Friday, 10 October 2008 13:46 (fifteen years ago) link
It's making the HUEG European losses look a tiny bit less HUEG now as well.
― Le Bateau Ivre, Friday, 10 October 2008 13:47 (fifteen years ago) link
Dead cat bounce
(actually I have no idea whether it is or it isn't but I just like saying it)
― Christopher Blix Hammer (Ed), Friday, 10 October 2008 13:49 (fifteen years ago) link
http://www.davemanuel.com/images/dead_cat_bounce.jpg
― Le Bateau Ivre, Friday, 10 October 2008 13:51 (fifteen years ago) link
haha
― Christopher Blix Hammer (Ed), Friday, 10 October 2008 13:55 (fifteen years ago) link
o u crazy markets
http://i37.tinypic.com/29nvu4x.jpg
― joseph sixpack (ice crӕm), Friday, 10 October 2008 14:14 (fifteen years ago) link
how high did the DOW get at its highest?
― the valves of houston (gbx), Friday, 10 October 2008 14:21 (fifteen years ago) link
14 something
― Tracer Hand, Friday, 10 October 2008 14:32 (fifteen years ago) link
which i think was exactly a year ago today
― Tracer Hand, Friday, 10 October 2008 14:33 (fifteen years ago) link
eek
― the valves of houston (gbx), Friday, 10 October 2008 14:33 (fifteen years ago) link