Comments on: Worst Dow Drop Since Election Meant Rally in ’33

By: chapter13

chapter13 — Thu, 22 Jan 2009 12:37:01 +0000

The other shoe hasn’t even dropped yet for banks — credit card losses.
I’ve missed about 3 payments on my Citibank card, yesterday I got an offer to settle the balance for a 40% discount. I thought that was a pretty aggressive offer, too bad I can’t afford it.

By: royrogers

royrogers — Thu, 22 Jan 2009 04:41:02 +0000

Barry, must now be bullish, as he can find chart(s) that support his views, or atleast
pick time frames to prove his point.
This 2 chart comparison is not significant from a mathematical , statistical point of view.

I thought the market went down alot more from the 1929 peak before it finally made a bottom,
than where we are today.

By: How the Common Man Sees It

How the Common Man Sees It — Thu, 22 Jan 2009 03:59:57 +0000

what’s wrong with you people? The liberals are in power again, the media is on side and the world will work now. Don’t you know anything? Even Barry is seduced. Belly up everybody. Regime change is in. Drink your happy juice

By: ben22

ben22 — Thu, 22 Jan 2009 02:35:45 +0000

@ The Curmudgeon 2:21

What’s your point?

If you bought in at or towards the bottom of the GD it didn’t matter where the market was in 29

By: ben22

ben22 — Thu, 22 Jan 2009 02:32:48 +0000

Since BR doesn’t really have a market related post today, which is odd, I’ll bring it up here:

What do people make of these purchases by Lewis and Dimon. They went in hard.

I’ve always thought Dimon was a real smart guy, Lewis on the other, his 200,000 share purchase is probably just another stupid acquisition.

Any thoughts?

By: tselliott

tselliott — Thu, 22 Jan 2009 01:29:04 +0000

What a load of cr@p. Wow. Didn’t expect to start finding mindless cheerleading here.

By: Andy Tabbo

Andy Tabbo — Thu, 22 Jan 2009 00:31:47 +0000

Some comments on Sheila Bair on this thread…

I saw that interview. You can tell she was lying about banks. Either that or she always looks down and doesn’t make eye contact when answering directions.

By: DL

DL — Wed, 21 Jan 2009 22:22:09 +0000

SWMOD52 @ 1:58

If 98% of the banks are in great shape, then what the hell do we need a bailout for? Shut down the bad banks and move on.

(If only she were telling the truth).

By: Steve Barry

Steve Barry — Wed, 21 Jan 2009 22:10:08 +0000

Are we supposed to draw a conclusion from one sample in 80 years?

By: jason

jason — Wed, 21 Jan 2009 20:56:37 +0000

Just filled in the gap from yesterday and then some…