Re: ****Re: OT: Emergency Buy Out

Top Page
Attachments:
Message as email
+ (text/plain)
+ (text/html)
+ (text/plain)
Delete this message
Reply to this message
Author: keith smith
Date:  
To: Main PLUG discussion list
Subject: Re: ****Re: OT: Emergency Buy Out

I lived through he 1987 adjustment.  Interestingly I'm still alive.  Humm?  Maybe the sky is not falling!!

And I survived the dip during the dot com bust.  I'm thinking this might cause people to rethink their ways.  We have become a welfare state and this is more welfare.


------------------------
Keith Smith




--- On Mon, 9/29/08, Judd Pickell <> wrote:
From: Judd Pickell <>
Subject: Re: ****Re: OT: Emergency Buy Out
To: "Main PLUG discussion list" <>
Date: Monday, September 29, 2008, 2:29 PM

To be fair, it would take a couple thousand points of dropping before it reached the panic that happened in 87 when it dropped 22%. Now that was a crisis. Apparently the 700+ point drop that happened still only constituted a 7% drop. Definitely a very easy point to recover from if allowed to. http://en.wikipedia.org/wiki/New_York_Stock_Exchange#Events


Sincerely,
Judd Pickell

On Mon, Sep 29, 2008 at 2:21 PM, Craig White <> wrote:

On Mon, 2008-09-29 at 14:09 -0700, Robert Holtzman wrote:

> On Mon, 29 Sep 2008, Craig White wrote:


>


> > On Mon, 2008-09-29 at 12:02 -0700, Josh Coffman wrote:


> >> ..waiting for another bail out later today (probably) to see what


> >> changes are made for the second attempt.


> > ----


> > I wouldn't be surprised to see Congress punt at this point until after


> > the election because the election and politics is harming the process.


>


> And give the market time to drop a couple of thousand more points?


----

apparently you aren't one of those willing to sustain the losses from no

bailout plan.



Currently, the House is in recess until Thursday. I think the market

response tomorrow and Wednesday may have some influence upon whether

anything happens on Thursday.



Craig



---------------------------------------------------

PLUG-discuss mailing list -

To subscribe, unsubscribe, or to change your mail settings:

http://lists.PLUG.phoenix.az.us/mailman/listinfo/plug-discuss



---------------------------------------------------
PLUG-discuss mailing list -
To subscribe, unsubscribe, or to change your mail settings:
http://lists.PLUG.phoenix.az.us/mailman/listinfo/plug-discuss


---------------------------------------------------
PLUG-discuss mailing list -
To subscribe, unsubscribe, or to change your mail settings:
http://lists.PLUG.phoenix.az.us/mailman/listinfo/plug-discuss