They'll be margin calls on these losses and it will go down more. I don't own stocks, but my customers do and I will suffer regardless
************************************************************************ On Wednesday, November 5th, Vote for Barack Obama Right Wing Mike http://www.cafepress.com/rightwingmike --- On Mon, 9/29/08, Pete Theisen <[EMAIL PROTECTED]> wrote: > From: Pete Theisen <[EMAIL PROTECTED]> > Subject: Re: [OT] house republicans blow it > To: "ProFox Email List" <profox@leafe.com> > Date: Monday, September 29, 2008, 5:56 PM > Michael Madigan wrote: > > > So now instead of 700 billion, the US consumer just > lost 5% of its > > net stock market value in one day. > > Hi Michael! > > Only if they sell. If they keep it until it all straightens > out, > probably no effect on anyone but rich people who can afford > to lose 5%. > > http://www.time.com/time/business/article/0,8599,1841483-1,00.html > > The whole thing is widely seen as overblown. The fat cats > wanted to > scare some money out of the taxpayers, taxpayers didn't > bite and the > congress voted the taxpayer's sentiments. > -- > Regards, > > Pete > http://pete-theisen.com/ > > > _______________________________________________ > Post Messages to: ProFox@leafe.com > Subscription Maintenance: > http://leafe.com/mailman/listinfo/profox > OT-free version of this list: > http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
