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Old 03-03-2009, 09:45 AM   #7
saden1
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Join Date: Feb 2004
Location: Seattle
Age: 46
Posts: 10,069
Re: How Low Can It Go?

Quote:
Originally Posted by Slingin Sammy 33 View Post
and from the bastion of conservatism (sarcasm) USA Today:

Stocks fall to lowest level since 1997 as Dow drops below 6,800 - USATODAY.com

from the article: "It's a bloodbath, pure and simple," says Scott Black, president and portfolio manager at Delphi Management. "This is a vote of no confidence in the Obama administration. It doesn't matter what you own, everything is going down. It is a total capitulation. People are just terrorized and are throwing in the towel."
I have an asshole too and I am capable of taking a dump. The good news is Mr. Black won't pay just 15% capital gains tax on his income, and Delphi Management will be regulated and their investments portfolio will become transparent.

Haters are out in full force, Lord Obama warned us about people like Mr. Black.

Quote:
I know they're gearing up for a fight as we speak. My message to them is this: So am I.
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