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BATTEN DOWN THE HATCHES!!!!!!!!!!!!!

 
ºEATº
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User ID: 243840
Canada
05/30/2007 11:51 AM
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BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Batten down the hatches.
This is all I can say.


Freakin' stock market wipeout is a breath away.
Coffee in the morning. Tea in the afternoon.
Wraith

User ID: 243816
United States
05/30/2007 11:52 AM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Would if we have no hatches?????
Dervish

User ID: 199480
United Arab Emirates
05/30/2007 11:55 AM

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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
I have hatches but no bat! What to do.
I know enough to know that I know nothing
Circuit Breaker

User ID: 157725
United States
05/30/2007 11:55 AM

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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
yawn
A voice of reason in a world of woo-woos.
Dissolving-Significan​ce Yax

User ID: 240085
Mexico
05/30/2007 11:58 AM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
You better be right about the silver this time. I can't EAT it if the price drops.
Key to the ages: [link to z14.invisionfree.com]

Man must give birth to himself every day. -Gabriel García Márquez
ºEATº (OP)

User ID: 243840
Canada
05/30/2007 11:59 AM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Are you guys space cadet buddies?
Coffee in the morning. Tea in the afternoon.
Wraith

User ID: 243816
United States
05/30/2007 12:01 PM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Hey did they asia market tank?
ºEATº (OP)

User ID: 243840
Canada
05/30/2007 12:02 PM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Do you realize that if the DOW JONES were to do a 6.5% drop it would lose almost 1,000 points? That gives you an idea how bad China got hit overnight.

IF THE DOW were to drop 1,000 points it would scare the crap out of everyone.
Coffee in the morning. Tea in the afternoon.
Anonymous Coward
User ID: 215600
United States
05/30/2007 12:03 PM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
why do you guys humor this imbecile?

I know ..im guilty of it too...but c'mon...how many retarded predictions do you have to make to be get your ass banned from this board?

any one wanna bet the market will close in positive territory today?
Wraith

User ID: 243816
United States
05/30/2007 12:09 PM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
why do you guys humor this imbecile?

I know ..im guilty of it too...but c'mon...how many retarded predictions do you have to make to be get your ass banned from this board?

any one wanna bet the market will close in positive territory today?
 Quoting: Anonymous Coward 215600

scratching
Anonymous Coward
User ID: 216865
United States
05/30/2007 12:09 PM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Are you guys space cadet buddies?
 Quoting: ºEATº


Every high school had a group of space cadets...I'm not talking about future astronauts. lol
Dervish

User ID: 199480
United Arab Emirates
05/30/2007 12:11 PM

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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Markets drop, and gold has been dropping for awhile too.
I said it last month, its a great time to buy pm. Today is even better.
Now I see gold dropping because of fear of lack of demand from China. Contrarians would buy now.

Will the China market drop affect the US? Of course, but by delaying the ultimate correction on our side as money searches for a temporary home as irrational exuberance pops the dragon bubble. This correction, though big, is just a correction, imho.

This isn't the end. Not yet. We will have that towards the end of 07.
I know enough to know that I know nothing
Anonymous Coward
User ID: 215600
United States
05/30/2007 12:20 PM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Dervish,

I agree with your assessment. Money managers are strangely quite bullsih about the market till the end of the year.

Dont forget...Greenspan's irrational exuberance comments came a little too soon.... 3 and a half years before the bubble actually burst.

And the US markets are long overdue for 1. a major correction/pullback 2. an end of the current bull market. This will probably happen if the recession that some people are predicting happens towards the end of the year. This is a normal occurrence of the business cycle.

But to talk about 1000 point drops in a day and 30% overnight wipeouts of equity is both foolish and ridiculous.

When the DOW was at 11,700, people were talking about a top.
If you had listened to the bears back then, you would have been kicking yourself now.

But your ultimate point is indeed the right one...precious metals...in fact...everything that comes out of the ground...food included...corn, wheat, grain, soy, all of them...

And lastly....water.
Mr. Predictor
Mod Emeritus

User ID: 83143
United States
05/30/2007 12:26 PM

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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
stock up on soy sauce and copper tipped arows !!!
6473madburger

a government study in 2008 and again in 2012 showed over 50% of the measured population were really, really stupid

“Barack Obama thinks his job is to lead the mob, not the country.”
ºEATº (OP)

User ID: 243840
Canada
05/30/2007 12:33 PM
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Re: BATTEN DOWN THE HATCHES!!!!!!!!!!!!!
Everyone is expecting a crash near the end of this year.
That's why I think the stock markets are about to crash right now. The crash always happens when the least expect it.
We are witnessing the start of a worldwide stock market crash. Sure, US stock markets may hold up for today and tomorrow... but they can not hold on for much longer if Asian markets sink into the toilet overnight.

All eyes will be on the Shanghai stock market tomorrow. If it tanks again (and it will) there will be HUGE problems by FRIDAY for sure here in N. America.

From what I understand, Chinese markets were basically 'shut down' yesterday to limit losses. That's bad. real bad.
Coffee in the morning. Tea in the afternoon.

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