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Stock market carshing! -200 points in minutes

 
Starry eyes

User ID: 13160787
United States
11/07/2012 04:22 PM
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Re: Stock market carshing! -200 points in minutes
I stand by my prediction, the market will finish up for the day.
 Quoting: Anonymous Coward 8948137

Yes!! My plan worked, I have found a way to reverse the GLP Effect.
 Quoting: Anonymous Coward 8948137


dance12 applause2
***Earth was once considered to be flat. Anything is possible.***
TSWB21

User ID: 1267719
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11/07/2012 04:29 PM
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Re: Stock market carshing! -200 points in minutes
I don't understand why the market is crashing. Wallst loves Obama, they have been given free rides and money from them dumbocrats.
 Quoting: Anonymous Coward 24473407


obama is not good for real investors.
Anonymous Coward
User ID: 27247330
United States
11/07/2012 04:31 PM
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Re: Stock market carshing! -200 points in minutes
What stock market..its been fake numbers for over 8 years now.
its all ready carshed 8 years ago...wake up people
 Quoting: Anonymous Coward 23140976



Good night for the Democrats; excellent night for the Chinese.

That military force they're building to sling the Yanks out of Asia -- paid for by the US taxpayer servicing the interest on their debt -- just received another boost.

This victory does point the the future -- that the 21st century belongs to China.
 Quoting: Lubert Das 1487421


Absolutely. We have literally bought the rope they will use to hang us.
Saddletramp
We Don't Rent Pigs...

User ID: 1052341
United States
11/07/2012 04:32 PM

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Re: Stock market carshing! -200 points in minutes
Get back in there and Sell, Sell!!!


"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp
We Don't Rent Pigs...

User ID: 1052341
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11/07/2012 04:37 PM

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Re: Stock market carshing! -200 points in minutes
The Mega-Banks have already bought up 1/2 of this country at pennies on the dollar in 2009.

Looks like they're going for the other half now...

Last Edited by Saddletramp on 11/07/2012 04:37 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 27217574
11/07/2012 05:02 PM
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Re: Stock market carshing! -200 points in minutes
This crash is a false flag to conceal the fact that Wall Street actually loves Obama.
Anonymous Coward
User ID: 14348632
United States
11/07/2012 05:04 PM
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Re: Stock market carshing! -200 points in minutes
Investors scared their companies aren't going to pull as many billions in profit now that they can't impoverish their employees as easily?
 Quoting: krosty


wtg! class war talk, comrade

nice, lol

/sarcasm

h
Anonymous Coward
User ID: 14348632
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11/07/2012 05:04 PM
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Re: Stock market carshing! -200 points in minutes
Investors scared their companies aren't going to pull as many billions in profit now that they can't impoverish their employees as easily?
 Quoting: krosty


wtg! class war talk, comrade

nice, lol

/sarcasm

Yogi2493 (OP)

User ID: 25825617
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11/07/2012 05:09 PM
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Re: Stock market carshing! -200 points in minutes
Nothing to see here, move along please.
 Quoting: Cliff Fiscal


-313 now.
Yogi2493
Biochemky

User ID: 919411
United States
11/07/2012 05:19 PM

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Re: Stock market carshing! -200 points in minutes
Nothing to see here, move along please.
 Quoting: Cliff Fiscal


-313 now.
 Quoting: Yogi2493


Yep, we crashed right through the floor of 13,000.

I am getting the distinct impression that many/most/all disgruntled conservatives in this country dumped all of their American big bank stocks as early this morning as possible. It would explain these numbers.

I am also wondering if such a reaction might not be because the GOP insiders had all been assured that Mitt would be elected and then, rather suddenly, and much to their surprise, last evening the report of the voting trend was wrenched in the opposite direction.

A supporting fact for the above mentioned supposition is the fact that it was made known to the public who paid attention last night that Romney had only prepared one speech, an acceptance speech.

Also, to anyone paying attention, it was clear that Bush's campaign numbers projection guru, Karl Rove, was noticeably caught completely unaware when the tide of voting took the sudden turn and there was an avalanche of states that were too-close-to-call deposited in Obama's column in a few short minutes.

What say you?
Garman906

User ID: 26838565
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11/07/2012 05:27 PM

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Re: Stock market carshing! -200 points in minutes
...


Geo. Soros
 Quoting: Anonymous Coward 8668963


Dude that just made me shiver...
 Quoting: Saddletramp


What about Hillary...?
Won't she be getting on with her presidential campaign..?
 Quoting: Waterbug


Yeah, Geithner and Hillary are both supposed to be gone, I don't think they've given any clue who's replacing either one...
 Quoting: Saddletramp


Turbo tax cheat Timmy G I'd love to have a cage match with him. I'd choke him out after I beat his face off.

HAHAHAHAHAHAHA
The earth belongs to the animals. We were put here to look after them.
Biochemky

User ID: 919411
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11/07/2012 05:29 PM

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Re: Stock market carshing! -200 points in minutes
...


Dude that just made me shiver...
 Quoting: Saddletramp


What about Hillary...?
Won't she be getting on with her presidential campaign..?
 Quoting: Waterbug


Yeah, Geithner and Hillary are both supposed to be gone, I don't think they've given any clue who's replacing either one...
 Quoting: Saddletramp


Turbo tax cheat Timmy G I'd love to have a cage match with him. I'd choke him out after I beat his face off.

HAHAHAHAHAHAHA
 Quoting: Garman906


I'd pay good money to see that.
Devoted Follower
User ID: 26966941
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11/07/2012 05:34 PM
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Re: Stock market carshing! -200 points in minutes
Good...bring on the pain.
Anonymous Coward
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11/07/2012 05:38 PM
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Re: Stock market carshing! -200 points in minutes
Dow Plunges 313 as U.S. Economy Nears a Cliff


The Dow Jones Industrial Average (DJI) spiraled to its lowest point since Aug. 2, suffering one of its biggest percentage drops this year. "The big election is in the books, but the dreaded 'fiscal cliff' is getting closer every day, and we still have to deal with Europe," said Schaeffer's Senior Equity Analyst Joe Bell. "Participants started selling early and often, as basic materials and financial stocks took the brunt of the damage. There is now a lot of uncertainty about whether Congress and President Obama can come to an agreement on revenue and spending cuts, and this caused a lot of investors to unload their positions."

[link to community.nasdaq.com]



The Dow Jones Industrial Average (DJI - 12,926.95) is down 316 points, or 2.4%, as investors digest yesterday's presidential election results, while refocusing their attention on the rapidly approaching "fiscal cliff." Meanwhile, U.S. markets are feeling the sting of comments made by European Central Bank President Mario Draghi, who warned that weakness in the euro zone is starting to affect Germany, the largest economy in the region. Elsewhere, the CBOE Market Volatility Index (VIX - 18.91) is 1.3 points, or 7.6%, higher.
[link to www.schaeffersresearch.com]



One other electoral factor worth considering: the election of Elizabeth Warren to the Senate. She was one of the driving forces behind the heightened regulation of America's banks, and a prime mover at the Consumer Financial Protection Bureau, so I think you can draw just as bright a line between Warren's victory and the declining share prices of Bank of America (NYSE: BAC ) and JPMorgan Chase (NYSE: JPM ) , as you can between Obama's victory and the decline of the Dow in general.

[link to www.fool.com]
Anonymous Coward
User ID: 14348632
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11/08/2012 10:25 AM
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Re: Stock market carshing! -200 points in minutes
AAPL computer continues its daily plunge and SPY gone red

Here we go again, after a dead cat bounce open

5a
Anonymous Coward
User ID: 14348632
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11/08/2012 01:27 PM
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Re: Stock market carshing! -200 points in minutes
WEEEEEE!

Selloff here we come!
MarkinAZ

User ID: 20006444
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11/08/2012 07:34 PM
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Re: Stock market carshing! -200 points in minutes
Look at history. What's happened this year is not that unusual compared to other 1st and 2nd day after the elections going back to 1900!

Consider the 15 elections since 1900 in which the Dow Jones Industrial Average DJIA -0.94% dropped on the day after. In eight of those cases, the market rose on the next day — the second trading day after the election — while it fell in seven. That’s about as close to a coin flip as you can get.

this is fairly normal. Nothing seriously out of the pattern going on here. Yes, when you see yourself taking a short haircut in a day or two, it's kind of intimidating. But you have probably had them before and will have them again. And they are usually reversed by gains within a month or so after you're "shorn" of your profits for a time.

Good luck but don't panic about this stuff. It's just normal swings of the market doing what it does. Vegas is only a little more risky, but the payouts can be a much longer time in coming. Take your pick! <grin>
Anonymous Coward
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11/08/2012 07:37 PM
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Re: Stock market carshing! -200 points in minutes
Profit taking now to avoid capital gains taxes later.

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