US credit downgraded

[momo]

How in the hell do they come up with this stuff? THey blame the conservatives for holding the economy hostage. Do they not even talk about the whole 4 trillion in expected cuts and we got a whopping 2.4 trillion. I hope the American people can see past all the bullshit that the libs are spewing and realize S&P is ultimately blaming the little spending cuts. I realize that they blame some of the crap conflicting ideas but that still there are not near enough cuts regardless of political views

we need to take this tea party thing literally and throw some MFing suits into the MFing harbor.

[347Mike]

IR hit $29.88

Man, BAC, LNKD, UNIS and a few others are all -15%.

[AdamLX]

IR hit $29.88

BAC.

Probably going to close -18% and -50% YTD. Couldn't happen to better company.

[347Mike]

Probably going to close -18% and -50% YTD. Couldn't happen to better company.

lulz.

I thought this was funny:

FNSR down 13.33%

Significant Price Movement Spotted In Shares Of (NASDAQ: FNSR)
Tickr Watch - 6 minutes ago

You don't say????? LOL

[347Mike]

Al/Jody - so this TYP, can you explain this a little better? It is up again another 14%. I thought I read a comment from one of you where it mentioned that the worse the IT sector does the better this stock does. Did I hear/read that correctly?

[Broncojohnny]

TYP - The investment seeks daily investment results before fees and expenses of 300 of the inverse (or opposite) of the price performance of the Russell 1000 Technology Index The fund normally creates short positions by investing at least 80 of net assets in financial instruments that in combination provide leveraged and unleveraged exposure to the index It is non-diversified



Essentially it does the opposite of what the Russell 1000 Technology Index does.

[347Mike]

TYP - The investment seeks daily investment results before fees and expenses of 300 of the inverse (or opposite) of the price performance of the Russell 1000 Technology Index The fund normally creates short positions by investing at least 80 of net assets in financial instruments that in combination provide leveraged and unleveraged exposure to the index It is non-diversified



Essentially it does the opposite of what the Russell 1000 Technology Index does.

Good to know. If only I knew this say a week or two ago when I was actually playing it....

[Broncojohnny]

Good to know. If only I knew this say a week or two ago when I was actually playing it....

Oh and I am guessing the 300 in that blurb is supposed to say "300%". Meaning the fund is leveraged and will move at 3 times the opposite performance of that Russell 1000 index. So if on a given day the index goes up 2% this fund should go down 6%. It resets every morning and the long term correlation is not going to track the index exactly but on a given day it should be very close.

[Hmbre97]

TYP - The investment seeks daily investment results before fees and expenses of 300 of the inverse (or opposite) of the price performance of the Russell 1000 Technology Index The fund normally creates short positions by investing at least 80 of net assets in financial instruments that in combination provide leveraged and unleveraged exposure to the index It is non-diversified

[Denny]

Looks like India is rallying! (Jakarta and BSE)

[Denny]

Man, that didn't last long. Europe is going to be a wild one today.

[Captain Crawfish]

who bought oil at 76? its moving up nicely!

[Denny]

So, everything is clicking like before?

LMFAO @ this shit!

[christinabishop1977]

Inline 6 Daniel Bishop pays for sex.

Daniel Bishop has been offering girls money on a daily basis for sex. Emails are currently in the hands of Dallas police under investigation for prostition.

[lowthreeohz]

daniel bishop has been offering girls money on a daily basis for sex. Emails are currently in the hands of dallas police under investigation for prostition.

wtf?