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Old 09-30-2008, 03:45 PM
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DOW 500 Point Gain!

One of the most memorable months in Wall Street history ended in a sea of green on Tuesday, easing some of the pain from the turmoil of the past four weeks.


The Dow answered its worst ever single-day point loss with one of its best point gains in history, in part on hopes Congress will eventually pass a financial rescue bill that may be more favorable than the one it rejected a day ago

http://www.foxbusiness.com/story/mar...-point-plunge/

I think fear mongering is our problem.
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Old 09-30-2008, 03:48 PM
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Re: DOW 500 Point Gain!

yet another reason why not panicking is a really important thing to do.
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Old 09-30-2008, 03:54 PM
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Praxeas Praxeas is offline
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Re: DOW 500 Point Gain!

Yet all the talking heads that be including the media use words to make people fear...How come nobody just said "leave your money in your banks and in your stocks"?

The more depositors remove funds the more trouble that bank has. It's almost like they WANT Americans to fear..they wanted to fear us into that huge bail out.
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Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
Apostolic is defined on AFF as:


  1. There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
  2. The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
  3. Every sinner must repent of their sins.
  4. That Jesus name baptism is the only biblical mode of water baptism.
  5. That the Holy Ghost is for today and is received by faith with the initial evidence of speaking in tongues.
  6. The saint will go on to strive to live a holy life, pleasing to God.
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Old 09-30-2008, 04:08 PM
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Re: DOW 500 Point Gain!

Quote:
Originally Posted by Praxeas View Post
Yet all the talking heads that be including the media use words to make people fear...How come nobody just said "leave your money in your banks and in your stocks"?

The more depositors remove funds the more trouble that bank has. It's almost like they WANT Americans to fear..they wanted to fear us into that huge bail out.
I think Paulson was for sure. the media I think just reacts.

I dont know why Paulson was acting that way. He is a wall street guy and thinks that way so maybe thats it.

The good news is that some folk decided to not buy what was being sold.
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