GE looking to buy media assets, stupid market soars

[MrDODGE]

Hahahah... they are looking to buy assets with taxpayer dollars.

Why the heck is the market taking this as positive news?

 

[MrDODGE]

Anyone watching the YM?

This is nuts!

 

[makloda]

You mean it was down 1% and now its up 1%? If you think this is nuts, how did you feel about last week?

 

[MrDODGE]

Quote from makloda:

You mean it was down 1% and now its up 1%? If you think this is nuts, how did you feel about last week?

The range of the move isn't what is nuts. It is the premise of the move.

We will probably end the day positive 400+ on the Dow.

 

[dtan1e]

i think central banks trying to flood the market with cheap dollars to avoid a recession, i wonder how long u can keep doing that, doesn't at some point its going to all come crashing down?

 

[drsteph]

Quote from dtan1e:

i think central banks trying to flood the market with cheap dollars to avoid a recession, i wonder how long u can keep doing that, doesn't at some point its going to all come crashing down?

Dow: 36,000
Gold : $2800
loaf of bread: $10

Telling your deflationista friends "I told you so": priceless (i.e. not worth beans).

Wei... o... Wei.... o... Wei-o (Mar)

(not having a clue which way this is going personally - Full disclosure)

 

[stock_trad3r]

boo hoo hoo noobs should have covered

inflation good for stock market