Huge stock market dump today...

[Captain Crawfish]

crisis=opportunity

[Trip McNeely]

crisis=opportunity

Yep. Unfortunately.

[Trip McNeely]

Except for oil.

Hellyeah, One of my bigs is splitting on 3/31.

[Denny]

Did anyone catch the 4 point drop (dollar vs. yen)? It went from like 80 to 76. Nuts...

Dollar got 5% weaker vs. yen, in other words. Central Banks to the rescue (BoJ).

[Denny]

With the media leading the charge as the biggest market influence as of late, I wonder what will come of the Euro?

http://www.cnbc.com/id/42071870

We're already seeing the end of the yen-carried trade. I saw something about that on zerohedge also, but I'm too lazy to go back and find it. I think Financial Times had it too. That's what happens with a currency hanging onto ZIRP, like Japan has done.

http://www.bloomberg.com/markets/rates-bonds/government-bonds/japan/

[Sean88gt]

Oil futures are up this morning.

[Broncojohnny]

All it takes is one single breath about a meltdown and this market will drop off of a cliff. I hope it happens after the market closes tomorrow.

[Captain Crawfish]

tepco will get that shit handled. yes its a bad deal but nuclear isnt going anywhere no matter what alien anderson cooper and all the other talking heads say.

[Denny]

dollar:yen rally on this shit

http://www.reuters.com/article/2011/03/18/us-g7-japan-idUSTRE72H03U20110318

[Denny]

U.S. Debt Jumped $72 Billion Same Day U.S. House Voted to Cut Spending $6 Billion

http://cnsnews.com/news/article/debt-jumped-72-billion-same-day-house-vo#

IT'S A FUCKING SHAM!!!!!!!!!!!!!!!!!!!!!

[Broncojohnny]

U.S. Debt Jumped $72 Billion Same Day U.S. House Voted to Cut Spending $6 Billion

http://cnsnews.com/news/article/debt-jumped-72-billion-same-day-house-vo#

IT'S A FUCKING SHAM!!!!!!!!!!!!!!!!!!!!!

Call up some old people and tell them they aren't getting their checks this month and the problem will be solved.

This has been a great week for the stock market but I really wish it would shave another 10% off before heading back up.

[Denny]

Call up some old people and tell them they aren't getting their checks this month and the problem will be solved.

This has been a great week for the stock market but I really wish it would shave another 10% off before heading back up.

If it's gone bull before i get my tax return, I'm just gonna use it at rent-a-tire.

[Broncojohnny]

If it's gone bull before i get my tax return, I'm just gonna use it at rent-a-tire.

Why wouldn't you use it at rent a tire? Hell you can get 26s for $175 a month, that place is awesome!