Dow Tanking!

-1000 would be tanking

it is heading south

let me know when it hits -500

Now only -155. Coming back up now. Closing green today.

Nice try, OP.

Gotta love how whenever there's a three digit drop in the DOW there's several dozen of these stupid threads but when it goes up the same amount? Nothing.

And nine times out of ten on days with these dozens of stupid threads the DOW either closes flat, down less than 50 points or it rallies.

Let me know when the majority of Americans and their representatives finally realize that the Wall Street bubble is about to pop. All boom periods come to an end, they are characteristic of specialized labor/services in which large amounts of capital are aggregated in mal-investments dependent largely on cheap, unrealizable credit extended by a central bank authority.

It's like a hula hoop craze, at first everyone wants a damn hula hoop and they sell like hotcakes. Pretty soon you have hula hoop booths in shopping malls making a killing, there are even derivatives created on hula hoops and they sell like crazy. Finally, everyone ones a hula hoop and sales plummet. When sales plummet everyone who took out a loan to open up a hula hoop booth needs to realize they made a mistake and declare bankruptcy and get a real job.

Wall Street is one gigantic hula hoop booth. Get a real job Wall Street traders.

burn, baby, burn

NIssan shuts down Mississippi plant, gulf of mexico dies, Obama takes a vacation, switzerland likes pedophiles, Blago's rants are accurate....I'd tank too if I were









consumer UNconfident..

the economy is fine...the unemployment rates are down...everything is just fine... <sarcasm>

Troubled Tylenol plant to lay off 300 workers

[link to money.cnn.com]

Who cares, it's all a lie anyway.

Stock selloff heats up
NEW YORK (CNNMoney.com) -- Stocks tumbled Friday after General Electric, Bank of America and Citigroup reported weaker quarterly revenue, sparking worries about the strength of corporate profits.

Bank of America profits top $3 billion

How will the BoA survive with only $3 billion profit??

[link to money.cnn.com]

Last Edited by greggin5d on 07/16/2010 11:11 AM

what the hell is going on with gold??? is there no safe haven??

-192.09

Dow 10K will be defended toof and nail!


Bank on it!

this is the same thread when the dow was at 9700...its now back over 10,000....they will not let it tank....

sure you may see a big fall during the day, but they always dump cash in to bring it up at the end.....they control it....it will tank when they want it to....not now...

OBONGO OBONGO OBONGO!!!!

IT'S ALL HIS FAULT!!!!!!!!!!!!!!!!1
\

Is Bernie Madoff a consultant to Wall Street?

+1

repukes care only when obama is president. they didn't care that it tanked when bush was president.

All you people that think ya got it all figured out, sure are missing a lot.

Pensions, 401ks, insurance monies, etc... Are all tied into the DOW lie.

Market tanks, teachers and firefighters pensions don't get 8%, guess who picks up the slack?

When the dow will be at -1000 i will put some epic music like this one




So don't worry folks!

FUCK the Dow, the stock markets, big business, banks and airlines and their excessive fees and bonuses, big and small government and their oppressive taxes, fuck it all!!!!!!

One thing I cannot tolerate is entire industries that are devoted to nothing but churning money. They don't actually produce ANYTHING themselves, but move balances from one side of the equation to another.


Parasitic economy.



GET RID OF THEM.

Like every man made system, sooner or later, it will collapse. Nevertheless, the pig men will go down squealing like Ned Beatty on a fishing trip.

-196

[link to finance.yahoo.com]

-199

-202

I'm selling into every rally from today forward so long as yesterday's high is not violated in the DOW.

This is a good low risk high reward opportunity to play a possible market crash scenario imo. Theoretically we should be topping at multiple degrees of trend cycle per Elliot Wave Theory.

We'll see what reality has to say within 4-6 trading sessions.

You cannot possibly fathom the intricate nature of human exchange and labor. Sure you think it basically means you work a day for a dollar and spend the dollar on food and rent but you are wrong. It takes wizards of financial genius to insert myriads of pennies and sub-pennies in derivatives upon derivatives in between your 8 hours of labor and your dollar of pay. Go back to work now, and leave the spider weaving of financial fantasy to those who know best and have uncle sam by the gonads.

you act like you have money invested in the market...LOL!

either that, or you're just being your typical kiss ass self.

which one?

why are you so angry?