Stock market carshing! -200 points in minutes

"A bird in the hand is worth two in the bush"
comes to mind...

thatisnot "red" you see. Itis blood . . . YOURS

Looks like the whole world is shorting Obamy. Thanks for the link.

True. Cash is safer than any stock

Fund analysts I know said wealthy families have been advised for 2-3 months now to exit the markets and go to cash

New taxes expected to be pushed by Obama and capital gains changes are just part of the reason why

re-election of Obama is a nail in the coffin for this market...but the smart money wasn't waiting for the confirmation of the election, they were getting out the past few weeks, hence the selloffs we've been seeing, esp in investor favorites like AAPL

Thanks Obama for killing the America we knew :-((

The Plunge Protection Team seems to be losing their grip...

Wall Street can't make money against the president. This is just speculators seling the Romney loss.

Wall Street is actually happy that Obama won, means more easy money from Bernanke.

Dow below 13,000 and dropping like a stone...

he had some help you know, your neighbors and your gummint now simply want your stuff

once your property has been stripped of value, you'll either abandon it or sell it for pennies and then they can revalue it for big profits

No, they aren't

Bernanke can't print EARNINGS...and earnings will be weak

there comes a point where extra doses of caffeine don't keep the patient awake...there comes a point where the extra stimulation actually starts to burn out the system

we are near that point

That is true, but the smart money will put the money into physical precious metals so they don't get taxed right away, if ever.

QE makes no difference anymore, the effects of new QE programs are measured in hours, not months anymore...

They're losing their grip...

Cloward-Piven strategy, overload the system with debt...

This is what I am afraid of.

Market is reacting to Pimco's Bill Gross statements. He wields power with every word.

[link to www.cnbc.com]

Oil just passed -3.00 per barrel to 85.70

YOU ALL GET A HARDON OVER NOTHING AGAIN

yeah, "Ronny" made more money in the presidency than any man in all of our History, and i didnot have to live in fear of these Bubonic/Pneumonic Plague threats, while going broke feeding all these kitties: our only line of defense against the Plague.

Everybody Knows (listen for the Plague warning): [link to www.youtube.com]
Dark Horse Coming:
[link to www.youtube.com]

Consequently, Gross said, higher dividend taxes would make those companies less attractive and thus take the stock market down 5 to 10 percent.

Down 2% now.
Are the fuckers preparing to jump ship or just the window?

woops, there goes 12950.

I love it.

Does anyone else on here trade on line, just out of interest.

Oil is going off the cliff, several big tranches of stop loss' hit...

-3.33 85.38

12962.04-283.64 (-2.14%)

Wait...


12959.57-286.11 (-2.16%)

This.

wow---this is bad.

Yeah I do some, mainly indexes and EFT's...

Just went down to 300

I smell fear in the air.
They might panic and cause a stampede.

Just went down to 300

Just went down to 300