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Stocks slip after confidence drops. Obama can't keep...

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Hang 'em high...
Posted: Tue Sep 29, 2009 10:30 pm
Guest
http://money.cnn.com/2009/09/29/markets/markets_newyork/?postver
sion=2009092916

NEW YORK (CNNMoney.com) -- Stocks slipped Tuesday after a
surprise drop in consumer confidence countered a better-than-
expected housing market report, adding to questions about the
strength of an economic recovery.

The Dow Jones industrial average (INDU) lost 47 points or 0.5%
according to early tallies. The S&P 500 (SPX) index lost 2
points or 0.2%. The Nasdaq composite (COMP) lost 7 points or
0.3%.

Stocks churned in the early going, before turning lower after
the 10 a.m. ET release of the consumer confidence report. By
afternoon, stocks were volatile, bouncing across the unchanged
line.

"Many people believe that you still need to see the consumer
come back for the recovery to be sustainable," said Ron Kiddoo,
chief investment officer at Cozad Asset Management. "If
consumers aren't confident, they're not going to spend."

After sliding last week, stocks bounced back Monday as investors
welcomed multi-billion dollar merger news involving Abbott Labs
(ABT, Fortune 500) and Xerox (XRX, Fortune 500).

But stock investors have been wary of late as the leading
indexes pushed up against nearly one-year highs following a
stock market rally.

Since bottoming at a 12-year low March 9, the S&P 500 has gained
57% and the Dow has gained 49.5%, as of Monday's close. After
hitting a six-year low, the Nasdaq has gained 68%.

Bets that the economy is slowly starting to recover -- plus the
impact of extraordinary amounts of fiscal and monetary stimulus -
- have fueled the market advance.
 
Nancy Reagan...
Posted: Wed Sep 30, 2009 12:06 am
Guest
What we need is a REAL President. Someone of substance.
 
Phxbrd...
Posted: Wed Sep 30, 2009 9:28 am
Guest
"Nancy Reagan" <user at (no spam) user.com> wrote in message
news:%zCwm.13798$kC.12830 at (no spam) newsfe11.iad...
Quote:
What we need is a REAL President. Someone of substance.


Ron Paul!
 
Alex DeLarge...
Posted: Wed Sep 30, 2009 9:33 am
Guest
Phxbrd wrote:
Quote:
"Nancy Reagan" <user at (no spam) user.com> wrote in message
news:%zCwm.13798$kC.12830 at (no spam) newsfe11.iad...
What we need is a REAL President. Someone of substance.


Ron Paul!


A stand-up guy, unelectable but also uncorruptable.
 
Justice...
Posted: Wed Sep 30, 2009 10:36 am
Guest
Phxbrd wrote:
Quote:
"Nancy Reagan" <user at (no spam) user.com> wrote in message
news:%zCwm.13798$kC.12830 at (no spam) newsfe11.iad...
What we need is a REAL President. Someone of substance.


Ron Paul!


He would be pretty good.
 
Phxbrd...
Posted: Wed Sep 30, 2009 10:51 am
Guest
"Justice" <user at (no spam) user.com> wrote in message
news:bOLwm.7700$As.67 at (no spam) newsfe13.iad...
Quote:
Phxbrd wrote:
"Nancy Reagan" <user at (no spam) user.com> wrote in message
news:%zCwm.13798$kC.12830 at (no spam) newsfe11.iad...
What we need is a REAL President. Someone of substance.


Ron Paul!

He would be pretty good.


Do you know why? It's because at heart he's a Libertarian! He only
pretends to be a Republican so he can get elected.
 
Alex DeLarge...
Posted: Wed Sep 30, 2009 1:52 pm
Guest
Justice wrote:
Quote:
Phxbrd wrote:
"Nancy Reagan" <user at (no spam) user.com> wrote in message
news:%zCwm.13798$kC.12830 at (no spam) newsfe11.iad...
What we need is a REAL President. Someone of substance.


Ron Paul!


He would be pretty good.

I think we hit consensus.
 
Alex DeLarge...
Posted: Wed Sep 30, 2009 1:52 pm
Guest
Phxbrd wrote:
Quote:
"Justice" <user at (no spam) user.com> wrote in message
news:bOLwm.7700$As.67 at (no spam) newsfe13.iad...
Phxbrd wrote:
"Nancy Reagan" <user at (no spam) user.com> wrote in message
news:%zCwm.13798$kC.12830 at (no spam) newsfe11.iad...
What we need is a REAL President. Someone of substance.

Ron Paul!

He would be pretty good.


Do you know why? It's because at heart he's a Libertarian! He only
pretends to be a Republican so he can get elected.


Are you his handler?
 
 
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