The Dow is up 379 points today, will Splum start a thread congratulating Obama - GoFuckYourself.com

Snake Doctor · 03-10-2009, 01:08 PM

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.

Reak AGV · 03-10-2009, 01:21 PM

I doubt he will, he's been so negative.

$5 submissions · 03-10-2009, 01:31 PM

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.

StuartD · 03-10-2009, 01:32 PM

Bill8 · 03-10-2009, 01:45 PM

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.

Snake Doctor · 03-10-2009, 01:55 PM

Quote:

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.

smax · 03-10-2009, 01:58 PM

Snake Doctor · 03-11-2009, 11:37 AM

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

stickyfingerz · 03-11-2009, 12:08 PM

Did you start any congratulating Bush when the Dow hit 13,000 a year ago? lol

crockett · 03-11-2009, 12:10 PM

Quote:

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.

stickyfingerz · 03-11-2009, 12:12 PM

http://moneycentral.msn.com/investor/charts/chartdl.aspx?Symbol=$indu&CP=0&PT=11

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

$5 submissions · 03-11-2009, 12:19 PM

Quote:

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.

Snake Doctor · 03-11-2009, 12:26 PM

Quote:

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.

Quote:

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.

Penthouse Tony · 03-11-2009, 12:27 PM

Quote:

Originally Posted by smax

03-10-2009, 01:08 PM	#1
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	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

03-10-2009, 01:21 PM	#2
Reak AGV Confirmed User Join Date: Dec 2004 Location: Unknown Posts: 4,283	I doubt he will, he's been so negative. __________________ Need Mainstream Content and SEO? SEO * Website Copy * Blogs Blogging - PR Work - Forum Marketing - Social Marketing - Link building - Articles 100% Guaranteed Content!

03-10-2009, 01:31 PM	#3
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	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. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

03-10-2009, 01:32 PM	#4
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	__________________ This is me on facebook This is me on twitter

03-11-2009, 11:37 AM	#8
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	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

03-10-2009, 01:45 PM	#5
Bill8 Confirmed User Join Date: Oct 2001 Posts: 1,901	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.

03-10-2009, 01:58 PM	#7
smax Confirmed User Join Date: Jun 2007 Posts: 341

03-11-2009, 12:08 PM	#9
stickyfingerz Doin fine Industry Role: Join Date: Oct 2005 Posts: 24,983	Did you start any congratulating Bush when the Dow hit 13,000 a year ago? lol

03-11-2009, 12:12 PM	#11
stickyfingerz Doin fine Industry Role: Join Date: Oct 2005 Posts: 24,983	http://moneycentral.msn.com/investor/charts/chartdl.aspx?Symbol=$indu&CP=0&PT=11 Dow record high during Bush's term. Interesting. lol