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Stock market carshing! -200 points in minutes

 
Anonymous Coward
User ID: 6630717
Canada
11/07/2012 12:01 PM
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Re: Stock market carshing! -200 points in minutes
Now we have breached the -300 mark
 Quoting: Anonymous Coward 15714648


Wake me up at 5% on the day. Then we can start talking carsh.
 Quoting: Anonymous Coward 6630717


We're halfway there...

Anyone who says "wake me when..." deserves to be left to sleep when it happens, AFAIC.

Sleep away, little sheep. Sleep away.
 Quoting: Anonymous Coward 1055574


Well none of my investments are affected by day to day market fluctuations or index moves. I'm well aware of market movements and the impact on my investments. I stand by my statement, if it hits 5% today then I'll sit up and take notice. In the meantime, this is merely noise.

I wonder how many market "experts" offering up commentary on today's action have every had a penny invested in the markets?
Anonymous Coward
User ID: 15714648
United Kingdom
11/07/2012 12:04 PM
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Re: Stock market carshing! -200 points in minutes
Not far from the magic 500 and it aint even lunch time
Anonymous Coward
User ID: 27218222
Ireland
11/07/2012 12:05 PM
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Re: Stock market carshing! -200 points in minutes
Imagine if it dropped 777 points again. drama
Anonymous Coward
User ID: 8668963
United States
11/07/2012 12:05 PM
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Re: Stock market carshing! -200 points in minutes
Now we have breached the -300 mark
 Quoting: Anonymous Coward 15714648


Wake me up at 5% on the day. Then we can start talking carsh.
 Quoting: Anonymous Coward 6630717


We're halfway there...

Anyone who says "wake me when..." deserves to be left to sleep when it happens, AFAIC.

Sleep away, little sheep. Sleep away.
 Quoting: Anonymous Coward 1055574


Well none of my investments are affected by day to day market fluctuations or index moves. I'm well aware of market movements and the impact on my investments. I stand by my statement, if it hits 5% today then I'll sit up and take notice. In the meantime, this is merely noise.

I wonder how many market "experts" offering up commentary on today's action have every had a penny invested in the markets?
 Quoting: Anonymous Coward 6630717

Me regretfully. Should have "pulled it".
Anonymous Coward
User ID: 14348632
United States
11/07/2012 12:06 PM
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Re: Stock market carshing! -200 points in minutes
The stock market loves President Barack Obama. With all its cheating heart, and all its mercenary soul.

More than that, actually — it adores him. The love story of Wall Street and Obama is a bromance like no other, a man-crush for the ages.

Despite his threats to soak the wealthy for more taxes, despite Fed Chairman’s attack on savers, despite even his threat to kill special treatment for dividends, institutional investors have thrown themselves at Obama’s feet as they have not done in the first term of any president in the past century.

You could look it up. The S&P 500 has gained 76% since his inauguration in January 2009, while the Nasdaq 100 is up 128%.

Compare that to the S&P 500’s 13% decline and the Nasdaq 100’s 45% wipeout in the first term of his predecessor, George W. Bush; or the mere 25% gain in the first term of conservative icon Ronald Reagan; or even the 60% gain in the halcyon early 1990s in the first term of Bill Clinton.

[link to www.marketwatch.com]
 Quoting: Anonymous Coward 22104388


lol...done and over

the same could have been said for GWB...because sure the market went up during his first term, but boy oh boy did the devil come back and collect before it was over

all BS stories eventually find their limit of credibility

the market plunged for a month after Obama's inauguration...in fact the low point of the crash was not in 2008, but March 2009

The only thing which halted the crash was a d'etente between Obama and the big banking heads

the market recovered the day that the heads of GS, JPM and MS went to visit O in the White House and deals were made...you can look on every chart and see the sharp V shaped recovery on that exact date

But this time the animosity is real, the deals have been broken and Wall Street knows Obama will screw them to the wall. Furthemore Elizabeth Warren who hates WS has been elected and will continue the job

Never mind the fact that many traders and bankers are still dealing with lack of power, destroyed homes and gridlock commutes, which isn't helping their state of mind any

I put out an alert to buy puts weeks back, and I hold by that call more than ever
Anonymous Coward
User ID: 15714648
United Kingdom
11/07/2012 12:06 PM
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Re: Stock market carshing! -200 points in minutes
The Germans aren't faring too well either...
Anonymous Coward
User ID: 8668963
United States
11/07/2012 12:07 PM
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Re: Stock market carshing! -200 points in minutes
Investors Run for Cover

[link to finance.yahoo.com]
THE SERCHER

User ID: 7484067
United States
11/07/2012 12:07 PM
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Re: Stock market carshing! -200 points in minutes
Election was rigged, and people are pissed.
 Quoting: Anonymous Coward 24473407


^ Fact ^
 Quoting: Anonymous Coward 27217283


what are you talking about fact, the elections have always been rigged and are fake. where have you been?
Anonymous Coward
User ID: 14317225
United Kingdom
11/07/2012 12:08 PM
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Re: Stock market carshing! -200 points in minutes
Who's tipped to replace Geithner?
Anonymous Coward
User ID: 8668963
United States
11/07/2012 12:09 PM
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Re: Stock market carshing! -200 points in minutes
Obama Wins 8 of 10 Wealthiest Counties in US

[link to finance.yahoo.com]
a helpless lamb

User ID: 2713836
United States
11/07/2012 12:09 PM
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Re: Stock market carshing! -200 points in minutes
If all else fails, claim that the stock market is crashing to get your doom on.

-315 is nowhere near the doom you are looking for.

Fact: Unemployment is down. GM is alive. We have reason to celebrate.
truth
User ID: 27140421
United States
11/07/2012 12:11 PM
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Re: Stock market carshing! -200 points in minutes
After they get over their anger at We The Sheeple for voting like sheep, and then finally sober up from today‘s 3m’s lunch, after-work happy hour, and angry fornicating: tomorrow ifnot sooner or later, the StockMarket will go up, and, while they readjust their misplaced anger, to go after the fall guy, Obombo, like a wild, pack of Pit Bulls bearing down on one, lone, Rat Terrier, everything will be a.o.k. again, just like it was before the election, except for the absence of one, hapless, little, brown and white, jungle bunny that doesnot know what hit him . . . Or why
Anonymous Coward
User ID: 26719780
Mauritania
11/07/2012 12:11 PM
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Re: Stock market carshing! -200 points in minutes
I love all the Obama shills who find foreign IP addresses to lurk under, lolol. Mauritania...ya sure

What are you complaining about anyway...aren't you happy your guy won?

That should be enough for you...but please don't expect the people who have real money on the line or business owners to rejoice

This selloff has been predicted by some first class analysts like Louise Yamada and could last for months....yes it was due, but the severity of it will be worse because of who won

just calling it like I see it
 Quoting: Anonymous Coward 14348632


ok mr just calling it like you see it...

you might be surprised to learn that there at ALOT of US citizens living outside of the US.

i'm not complaining - you guys are. 200 points is not the end of the world but you guys seem to think it warrants a thread? oh well...
Anonymous Coward
User ID: 11736589
United States
11/07/2012 12:12 PM
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Re: Stock market carshing! -200 points in minutes
@a helpless lamb

Or you can pretend that everything is okay? Not worried about inflation bro? How about the EU? Yeah the stock market is great.

What's the real unemployment number? Be real bro.
Anonymous Coward
User ID: 24810381
United States
11/07/2012 12:13 PM
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Re: Stock market carshing! -200 points in minutes
If all else fails, claim that the stock market is crashing to get your doom on.

-315 is nowhere near the doom you are looking for.

Fact: Unemployment is down. GM is alive. We have reason to celebrate.
 Quoting: a helpless lamb


what planet do you live on?
a helpless lamb

User ID: 2713836
United States
11/07/2012 12:14 PM
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Re: Stock market carshing! -200 points in minutes
@a helpless lamb

Or you can pretend that everything is okay? Not worried about inflation bro? How about the EU? Yeah the stock market is great.

What's the real unemployment number? Be real bro.
 Quoting: Anonymous Coward 11736589


Inflation happens. Always has, always will. Why should a citizen living in the USA be concerned with the failing policies of the EU? And I'll trust the unemployment number the economists are giving me.

Quit being a bad loser.
Anonymous Coward
User ID: 24810381
United States
11/07/2012 12:14 PM
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Re: Stock market carshing! -200 points in minutes
After they get over their anger at We The Sheeple for voting like sheep, and then finally sober up from today‘s 3m’s lunch, after-work happy hour, and angry fornicating: tomorrow ifnot sooner or later, the StockMarket will go up, and, while they readjust their misplaced anger, to go after the fall guy, Obombo, like a wild, pack of Pit Bulls bearing down on one, lone, Rat Terrier, everything will be a.o.k. again, just like it was before the election, except for the absence of one, hapless, little, brown and white, jungle bunny that doesnot know what hit him . . . Or why
 Quoting: truth 27140421


wow
Anonymous Coward
User ID: 1055574
United States
11/07/2012 12:15 PM
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Re: Stock market carshing! -200 points in minutes
@a helpless lamb

Or you can pretend that everything is okay? Not worried about inflation bro? How about the EU? Yeah the stock market is great.

What's the real unemployment number? Be real bro.
 Quoting: Anonymous Coward 11736589


"Helpless lamb" is exactly what their name implies... a helpless sheep. Their posts always back that up.
Anonymous Coward
User ID: 27140421
United States
11/07/2012 12:16 PM
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Re: Stock market carshing! -200 points in minutes
CANT EAT SILVER!
 Quoting: Anonymous Coward 26837875


cannot eat dollars too, which will soon be good for wallpaper.
Treyfish

User ID: 14756837
United States
11/07/2012 12:16 PM
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Re: Stock market carshing! -200 points in minutes
CNBC ‏@CNBC
Moody's: Will decide on U.S. credit rating after budget negotiations outcome; will not immediately downgrade U.S. if we go over fiscal cliff
Anonymous Coward
User ID: 19206781
United States
11/07/2012 12:17 PM
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Re: Stock market carshing! -200 points in minutes
I called it before the markets opened in previous thread. Three things to watch today.
Anonymous Coward
User ID: 27140421
United States
11/07/2012 12:18 PM
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Re: Stock market carshing! -200 points in minutes
Election was rigged, and people are pissed.
 Quoting: Anonymous Coward 24473407


^ Fact ^
 Quoting: Anonymous Coward 27217283


Please present your "facts".
 Quoting: Anonymous Coward 27213481


YEAH RIGHT: no linky you stinky
Anonymous Coward
User ID: 23011194
United States
11/07/2012 12:20 PM
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Re: Stock market carshing! -200 points in minutes
lol....-315, they don't like the results of the election...
a helpless lamb

User ID: 2713836
United States
11/07/2012 12:23 PM
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Re: Stock market carshing! -200 points in minutes
lol....-315, they don't like the results of the election...
 Quoting: Anonymous Coward 23011194


If they didn't like the results of the election, then they should have gotten out the vote better.

However, they didn't.
Anonymous Coward
User ID: 4727082
United States
11/07/2012 12:24 PM
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Re: Stock market carshing! -200 points in minutes
It's a sign that the economy cannot sustain itself at it's current level.
An American company who manufactures their products overseas, as it's cheaper and for some reason they get a tax break, cannot expect American's to purchase their products if there are no jobs available.

1) Senior citizens are retiring later, require more medical help, and have established wages earned by company loyalty, as well as stock-options, savings accounts, etc.

2) New graduates and student debt loans/grants are a fiscal nightmare. The reason the administration passed the student debt bill was because when those default it's going to really bankrupt the federal debt. I read a Bloomberg Business mag a few months back that was dedicated to the student debt. Some idiot kid took out over $100k for a degree in fashion and theater costume something design. Instead of relegating funds for serious degrees (i.e. helping to fund science labs, student learning centers, etc.) we're paying for a douchebag to learn how to sew a dress.
- There are issues, of course with school administrations giving themselves raises, lavishing money on sports programs and neglecting math and science programs, and the rising cost of tuition, books, and tons of out-of-pocket expenditures for the students themselves. I'm going to have to shell out money for drug tests for my radiology program, as well as pay to apply and purchasing scrubs and all of that. This is all on top of paying for the classes.

3) With old people still in the workforce, and young people graduating with serious debt and are unable to find jobs that pay their bills, and our business shipping jobs overseas the job market is stagnating. Add to this the rising cost of living: gas, groceries, utilities; everything is cheaply made so you're having to replace things or ghetto-rig it to work.

The only way to fix things is to buckle down, cut spending and raise taxes, and to put some sort of protectionist measures in place to keep companies from sending jobs overseas. At least cut the tax breaks In that area. Everyone is going to have to bite the bullet for a few years to get this shit together. You don't like it? Tough shit. Things aren't working, and doing the same shit is not going to help.
Anonymous Coward
User ID: 19976094
United States
11/07/2012 12:27 PM
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Re: Stock market carshing! -200 points in minutes
Stock market carshing! -200 points in minutes.

[link to www.marketwatch.com]
 Quoting: Yogi2493


stock market carshing??? OH MY GRASH!!!
Anonymous Coward
User ID: 24473407
United States
11/07/2012 12:27 PM
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Re: Stock market carshing! -200 points in minutes
Business are just getting started to cut jobs, hours, benefits. America loses.
Saddletramp
We Don't Rent Pigs...

User ID: 1052341
United States
11/07/2012 12:27 PM

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Re: Stock market carshing! -200 points in minutes
Stocks and Oil seemed to have stabilized for the time being. Dow off around 300, Oil off around $3.65...

Will there be an afternoon rally to bounce us off of the bottom?!?!?

Last Edited by Saddletramp on 11/07/2012 12:29 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: 27140421
United States
11/07/2012 12:27 PM
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Re: Stock market carshing! -200 points in minutes
95% of me wanted Mitt, and 5% wanted shity O.

The 5% wanted him to win so people will see how bad it will and how full of shit he is and his party.

Lets just seat back and see them poor left commi punks cry when the crap falls.
 Quoting: soldier32 119873


if theywerenot smart enough to vote/write in for Ron Paul, theywillnotbe smart enough to know that warm, brown stuff hitting them in the face isnot a moist, early-Spring breeze.
Anonymous Coward
User ID: 25140151
United States
11/07/2012 12:27 PM
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Re: Stock market carshing! -200 points in minutes
The communists replaced the Dow components that were lower.
The Dow so called 'industrials' now have less industrials if you noticed
Stock market carshing! -200 points in minutes.

[link to www.marketwatch.com]
 Quoting: Yogi2493


Why did the stock market go up so much during Obama's first term?
 Quoting: Obamney 4493739

 Quoting: uscrusader1


This is an important point.

"Indexes" are typically what are used in selling stocks to the "little people". And there is a regular ("rotation") to move out of the indexes, companies that have crashed, gone bankrupt, or otherwise underperforming, or likely to underperform.

This makes the indexes look much better than an actual portfolio of "diversified" stocks.

Even the Dow of about a hundred years ago...only has one or two companies left alive today. Imagine what an actual portfolio would look like? (with the value of your dollar, equal to less than one cent from then, AND many of your companies' equity gone to ZERO!). Still the myth continues on, of "buy and hold" or "invest for the long term".

Even this "runnup" in the markets - to only near the high of about 11 or 12 years ago or so, (and given that the value of the dollar is in the neighborhood of HALF OF WHAT IT WAS then), means that your "real" value of today's index of stocks, is only about half of the purchasing power of what it would have been around 2000. This is called "the inflation adjusted return" on your stocks; and it's not good.

For most - it's a disaster, just like it would have been with a great, great grandparent, gifting a portfolio of the Dow of 1912 to kin of today.

Praise God

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