US economy going down? Will it recover? - THE US Financial Crisis.

[diatabz]

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Well Asian and European stocks seem to be on the rebound, I s'pose that's good news.

[EZRA]

It is good news - DOW is soaring!! now up at 400+ after 20 minutes of trading. How long will this bounce last - that's the question.

[diatabz]

The bad news is that oil prices are climbing at $3 plus a barrel after the announcement of the European bailouts. Wa jud nagpa-alkanse ang OPEC after seeing the economies of their consumers might be improving .

[brad]

saka na ang dow.
sira man ang mga bangko annd walay speech.
basig maka mantain ni up to closing.


maro sad ni arabo.
alkansi man sad na sila karon kay ilang halin sa oil ila man sad gi invest sa foreign companies.
magmeeting ang mga opec sa november daw

[chad_tukes]

is "this" another this?

Great Depression holds lessons for surviving tough economy - CNN.com

[chad_tukes]

it's not as worst as we thought it can be.

[EZRA]

BRAD - not to be such a pessimistic buffoon but there is no volume behind this bounce That's what I'm worried about. IMHO today is not the day that we can judge any spreads from due to banks/bond market being closed. Also this is a good day for a rally, no one needs to worry about any "OH CRAP!! " stories in general. Let's see how this holds through the close as tomorrow - banks/bonds market reopens - then we can judge.

I am actually taking a decent amount of hurt today as far as my positions go. I am still expecting the market to fall hard soon so I'm not taking anything out. And when we get that 10-15 percent drop as expected .. I rake everything in and I'm OUT for this year (or maybe I'll leave some in and put limit stops)

[kenshinsasuke]

mao nay nkapait sa america, kwarta nlay padaganon...questionabli gyung stability nla. speculative kayo nang mga papel ug shares.

kung real economy ang hisgutan, d unta na ma.in-ana. dri sa pinas murag stable ang agri nato, ok sad ang production.

capitalismo ang gnikanan ani tanan...d sd ta kbasol ky kung d tungod ani d gyud ta kaabot sa atong naabtan kron.

bai,dako man kaayu epekto ni hasta atong nasod bai apil ani...apektahan gani ang company diri pilipinas nga us based...maayu unta maka-recover ra ni sa dili kaayu dugay nga panahon oi,...

[EZRA]

Nice rebound - 900+ on the DOW. Volume slapped in at around 2:30pm. My Thurs and Fri gain from last week got pummeled. This is a huge - and a long awaited - bounce. Let's all hope that we end up on the positive side after this week is over.

[colossus]

Some of the nations feared that the world is heading to another Great Depression, just like the one that happened in 1930s. We should be prepared for this, and I'd like to think the government is preparing for measures to minimize the adverse effects of the US recession.

The rich countries are in panic because they are not used to this trend while we are already focused on balancing our own economy so that we will have a strong wall to lean on in case all else fails. At the very least, the government is there to assure us that we will not be left in the dark.