dow will lose over 700 points tommorrow!

My point was an answer to you asking 'what do you think happens?'

im sure the plunge protection team will be hard at it tomorrow.

Im poor as all hell...
I live in the poorest region in America..
Fuck it... Let it crash... Let it burn...

Unions, socialism and populism are the enemies of progress. The destroyers of prosperity.

Can we put this in the failed predictions thread when the market rallies tomorrow?

it wont.
investors flee into save havens, knowing in 1 month everything will go apeshit.

Well I just added this to my personal pins.


I have to agree with you. I don't see it closing 700 pts lower.

And I'm are right wing conservative as you can be.

[link to finance.yahoo.com]


Green across the board....

Last Edited by FatalW1shes on 11/07/2012 09:58 PM

Agreed. Plunge protection team will go into high gear. Helicopter Ben will come to the rescue of Wall street at the expense of our kids and grandchildren's debt.

No problem.

It'll just keep going until our great great great great great great great great grandkids are all born with a million dollars of debt right off the bat.

God I wouldn't want to be a fund manager now...my fund managers do a great job, and have tons of cash to pour into the market when they take dips...but it's still a stressful job!

fiscal cliff is not even in effect means taxes not yet risen spending not yet cut.

the debt limit however is already reached again.

obama you will be the president that brought greater depression(financial hurricane cat 8).

No. What rus out is the ability to service new debt. Welfare is funded with borrowed money as is YOUR paycheck. No new debt no paycheck for you and no welfare checks sent to the trailer park. Money doesn't exist until its borrowed. Our money is credit and until nitwits get that through their thick skulls the banks that own and run this world will continue to do so.

:fuckage:

No he won't. Collapse was already in the cards. Debt inflates until it can't and then it deflates. Best that can be hoped for is managing the collapse and since the red haired pig is still slapping his fund managers on the back I'd have to say Obama is doing as good a job as can be expected.

amen to that. i mean what can they tell the investors. so difficult.

I don't have debt, don't get a "pay check" and money does exist because I've never borrowed a dime...I work for my money and it grows within my investments...stop watching youtube cartoon videos and go get a job hippie.

You are correct.

It appears that the world realizes obama’s reelection means no relevant economic recovery thus they will pursue their spreading the wealth agenda meaning government gets the most and the government dependent losers get the dregs just like the former Soviet Union, North Korea and Cuba.

When the financial system breaks down conditions will be far worse than Hurricane Sandy, the dependant will be pleading for far more than underwear, and they will not comprehend the government’s deaf ears.

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

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.

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...

You have watched too many you tube videos...turn off the computer and get a job hippie! and stop smoking pot!

It is definitely going to tank tomorrow.

Was unfucking believable today... .

guarantee it is up 200 tomorrow

Of course the guy with the sign at the occupy protest is a hero. Just wanted to bring him up to speed so he can hurry back there with his plackards numbered 1-10 so he can rate them when they jump. To get a 10 you must jump from at least 100th floor and go strait in with perfect virtical alingment, making min mess.May be the start of a whole new olympic event."you only have two minutes give it your best shot"could lead the way.

You people kill me put your extra money in metals instead of the bank and keep all extra in cash.... If your not in the bank government can't touch you ugh
Think people think!

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...

The real big players already secured the majority of thier wealth in metal and real estate.... You think the don't know what's comming? Lol

Good. Because that will make me rich.

Sell! Sell! Sell!

The Redheads of the World take umbrage, sir! UMBRAGE!!

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.