Wall Street opens in half an hour or so...

I'd actually go with the junior uranium explorers as they all have a shitload of tenements they've been sitting on for years waiting for the ALP to see sense.

My shares are actually up from yesterday, but probably just until after lunch... Here it is not just Wall Street fallout, but political turmoil as well.

Dow Futures showing 130 points on the upside. What a farkin rollercoaster built on a down hill slope.

FTSE up today and as skully says DJ Futures are up.


I took the plunge today on a few stocks so fingers crossed.

Fark me, who'da thunk a bunch of cricket tragics would be musing over the machinations of the stock market. What an eclectic bunch we are.

I'm watching Lateline at the moment - there is a "debate" on the bailout where one right wing freak from some organisation called Euro Pacific Capital is going head to head with a more reasonable commentator. It's a bit like watching Fox News to be honest and beneath the ABC.

Here is the website of the freak: http://www.europac.net/

One of the worst things about the current financial crisis is that it comes just as the world stands on the precipice of a climate disaster which will cost trillions to fix and we now can't afford.


Put another way, we all DOOOOOOOOOOOOOOOOMED.

JGK wrote:I'm watching Lateline at the moment - there is a "debate" on the bailout where one right wing freak from some organisation called Euro Pacific Capital is going head to head with a more reasonable commentator. It's a bit like watching Fox News to be honest and beneath the ABC.

I saw that too.

The old bald guy supporting the bailout definitely seemed more reasonable.

The guy with hair fitted Leo's description (from the other financial thread) of someone who was "crazy".

JGK wrote:One of the worst things about the current financial crisis is that it comes just as the world stands on the precipice of a climate disaster which will cost trillions to fix and we now can't afford.


Put another way, we all DOOOOOOOOOOOOOOOOMED.

Perhaps we'll end up starting a heap of state-run green technology programs as a means of spending our way out of the depression.

I think it's time for a song:

Shares here generally closed somewhat higher than yesterday afternoon.

FTSE and Wall Street done good overnight.

Profit taking skulls ... so bloody predictable.
The calm before the storm ... the black hole ain't gone away just yet - unless of course sanity has returned to the sharks ... something I very much doubt mate!

Nice bounce today but it will be temporary with all these Euro banks falling like flies at the moment.