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UNEMPLOYMENT UP! - DOW Still Hanging Tough - Unreal!

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Uploaded by on Nov 6, 2009

Bloomberg:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aOX8T5vvm6WM&pos=1

The DOW was actually up today, even though we did have intraday selloffs on the horrible unemployment news, but it managed to stay up. Also a discussion about the Ukraine flu situation.

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Uploader Comments (networkingman)

  • hahaha..thanks for throwing in the alien thing, LOL! that made my day..whew..other thing is NOT GOOD..got your N95 particulate airborne virus resistant mask?

  • Got a bunch of masks back in April, so we're stocked up there too! Everyone out there should get some ASAP!

Top Comments

  • Agree w/ your assessment. Makes no sense. At some point, the markets will not be able to be manipulated. Who knows when that will be. Again, the aol ceo said that "I can predict the future, I just dont know when it will happen.."

  • actually the solution is less government. the government cannot solve the problem.

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All Comments (41)

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  • the reason the dollars not going up is because of inflation.

  • I think that Bernanke and the government know that there is no saving the economy and the dollar. It looks like they are just trying to control the panic as long as they can, then they will enforce marshall law and things will be very similar to Zimbabwe. Time to load up on gold and silver. Which of the central banks will panic and run for the door first?

  • The stimulus stimulated Wall Street and not much else. Oh, I forgot, it stimulated the unemployment rate also.

  • Just shows how insignificant we (the people) really are with respect to the economic elites. We (the people) a're almost totally disconnected from our own economy.

  • Should be interesting once info begins to flow from the Ukraine again

  • I know the information is right out there in the open for all to see. I get the feeling most people see this as another bend in the road type event.

    All the bankers are running to the front of the plane and there's only x number of parachutes. Hold on tight because it's going to get choppy.

  • Almost seems like it's very intentional. My opinion is that, uh-um, Ben Bernanke believes his hard earned Harvard education can lead the U.S. out of this recession. He was able to do so in theory while in college. I think this was even stated by his economic professor at MIT. As we all know there is huge difference between a theory and real-life.

    I agree with you both, LESS Government is really the only valid solution. It appears nothing else has seemed to work as of yet....

  • The Dow is totally disconnected. We've seen to it that it is. As you say, there's so much of our liquidity out there.

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