dow will lose over 700 points tommorrow!

Oil is up .40 off of the close. Which is not much considering it dropped 5% today from it's overnight high. It will be interesting to see what tonights overnights look like.

I don't see a 700 point drop in the Dow, though if any big fund starts a selloff it could cascade. Actually I expect a dead cat bounce, about 25% of todays loss...

With the elections out of the way, the known and oderous financial policies of Obama, the unknown of the fiscal cliff and what it portends for taxes and our debt, the unknown of Europe, ratings downgrades in the pipeline for the U.S. that all = uncertainty.

The markets hate uncertainty.

They will never strike a quick deal on the Fiscal Cliff, the democrats are bound to have tax increases, the Republicans are bound to have spending cuts. This won't happen overnight, and whatever they finally put out won't be good for any of us.

And don't forget provisions of Obamacare kicking in next year...

Selling short off of any daily gains (even minimal gains) looks to be the order of the day until some of this irons itself out...

I'll be getting papers in the mail soon with lots of shares bought and dumped into my accounts as an act of loyalty...class A shares, as a gift for the stability of my accounts...

The Dow would have to lose about 8-9000 to be somewhere around its actual value. So let the truth reign...!

Do not try to educate him on the truth, he thinks he is a financial and business super star.

He does not know that the Federal reserve issues DEBT, with compounding interest.

The numbers are impossible, there will never be enough labor or products to "pay it off" with interest.

Central banks are perpetual debt machines.

huge selling into the close.

You think real estate crash was accident? LMFAO! What happened in the Great Depression! What got baught and made people rich beyond belief? Yup real estate, mineral mines.... Pennies on the dollar! Wake th fuck up people!

The destroyer of prosperity is ignorance and that would be YOU.

Like I said in another thread, the Dow will shed a good thousand or so points this week. The collapse of our financial system is now underway. Any hopes of averting the financial collapse of America were dashed last night when Oblabla won re-election. US business know that the US can not remain a competitive world power with half the people working and the other half leaching off the half that works. As such, the selloff has begun.

Awesome, I can't wait!

The interesting part about the "Real Estate" crash of 2009 was that it primarily effected houses and commercial real estate. Agricultrual and Recreational Real Estate barely went down, and even continued to go up in some area's...

Of course there are 6.5 Billion People to feed now, roughly 5 Billion more than there were in 1932...

You're obviously a child or an adult who doesn't have a dime in the stock market.

The grownups don't like stock crashes.

The Dow would have to lose about 8-9000 to be somewhere around its actual value. So let the truth reign...!

obama is going to appoint romney as his business czar

November 9, 2012 is the next James Bond movie titled, "Skyfall"... wonder if there is any correlation to the movie's name and this post???

You clearly have not idea what you are taking about. I invite you to come and see first hand this shithole I´m writting from: Argentina, if you are still undecided after that, we can go to Venezuela or Cuba!, so you can experience the "wonders" of socialism and unions.

Then you know - or should - the hand the banks have had? And that socialism and communism are political philosophies promoted by the same families who own the banks??? So why do you write as you do if you know better unless you're, as I said, ignorant???

You clearly have not idea what you are taking about. I invite you to come and see first hand this shithole I´m writting from: Argentina, if you are still undecided after that, we can go to Venezuela or Cuba!, so you can experience the "wonders" of socialism and unions.

You think real estate crash was accident? LMFAO! What happened in the Great Depression! What got baught and made people rich beyond belief? Yup real estate, mineral mines.... Pennies on the dollar! Wake th fuck up people!

Someone had to borrow that money for you to get your grubby little hands on it. Money does not exist until its borrowed. If you don't know that then in addition to being a sociopath, you're uneducated. Not the best combo.

Yeah all the corrupt corporate 1%er billionaires are in panic mode lol. Good. Fuck em all.

I see a flat to slightly higher day for Oil and the Dow tomorrow...

Maybe 25% of todays loss...

Call it a dead cat bounce...

Don't think I would buy into the stock bounce, probably sell short off of the close...

I don't think this bear is done eating by a long shot...