s2kobsession

tsx stocks are looking to gap hard this morning. specifically commodities

lOOkatme

But, a rising dollar contradicts fundamental world money flows. China

Zacreth

Just wanted to say thank you to EEV for performing well today.

amao20

Not sure I got the full gist of your post lOOkatme, but what was the alternative to propping up our financial system? I think it's easy to say Bernanke did a bad job in retrospect, but what happens when companies cut jobs in order to meet payroll when they can't borrow and don't have enough cash flow from operations?

The Fed got us through the Great Depression. We'll get through this as well. The world is too interconnected these days to have a country as influential as the US crash and not cause global anarchy. No facts to back this up, just my personal belief.

On a separate note, anybody else like MIDD or FMCN? I just picked up MIDD today after selling my FMCN shares that I bought up at $13. Trying to scrounge up some cash to buy FMCN again if it falls below $17, which shouldn't be too hard given the current volatility.

SPWRA took a major dump. Anybody follow them?

sahtt

Yep, there are no bad days if you play it right. DUG had a good day as well. Didn't sell any of either though.

Bri

what do you think the report will say?

ExOdy

of course horrible. everyday at work at i hear so and so getting laid off/fired etc, companies going under. it's dismal and i'm so grateful for finding a job as quick as I did.

Bri

well the job numbers came out but the market is up?? wtf?

Gadunk

I was wondering the same thing.

sahtt

The instant market reaction is not significant. A continuing slide in the job numbers means keep your hedges on, it's a larger marcoeconomic variable. Even the job numbers can be misleading, they are often revised sharply.

GM's figures are also telling. Frankly, GDP was only down .3 of a percent. Are you kidding me? We will see -3% before this storm clears IMO.