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Dow plunges -344 points
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Anonymous Coward
User ID: 464327
9/4/2008 7:14 PM | | Re: Dow plunges -344 points | Quote |
not to worry Barry will fix everything, Utopia is at our doorsteps |
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Anonymous Coward
User ID: 487814
9/4/2008 7:14 PM | | Re: Dow plunges -344 points | Quote |
Watch the NIKKEI closely. Watch it like a hawk. Watch it, ok? Good. |
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Anonymous Coward
User ID: 497137
9/4/2008 7:45 PM | | Re: Dow plunges -344 points | Quote |
what will the Asian markets do tonight !
They will go in the crapper. Probably down 400. However, if it works like it did in the past, there probably won't be a big dow drop tomorrow. A few weeks ago, there was a big loss on Thursday then a big loss overnight in the foreign markets. On Friday dow went up quite a bit. I'm betting that it won't be down big, maybe -50 or something. More than likely it will be up...possibly big |
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Anonymous Coward
User ID: 73913
9/4/2008 8:53 PM | | Re: Dow plunges -344 points | Quote |
what will the Asian markets do tonight !
They will go in the crapper. Probably down 400. However, if it works like it did in the past, there probably won't be a big dow drop tomorrow. A few weeks ago, there was a big loss on Thursday then a big loss overnight in the foreign markets. On Friday dow went up quite a bit. I'm betting that it won't be down big, maybe -50 or something. More than likely it will be up...possibly big
Nikkie down 329 points in early trading.
[link to finance.yahoo.com] |
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CountryJoe 
down a long dirt road is my domain
User ID: 487196
9/4/2008 8:58 PM
 | | Re: Dow plunges -344 points | Quote |
remember friday is bank failure day...who's it gonna be tomorrow???
Each of us-
A cell of awareness-
Imperfect and incomplete.
Genetic blends
With uncertain ends
On a fortune hunt that's far too fleet.
IM @ AIM: country12965
Yahoo: JoeSicspak |
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Anonymous Coward
User ID: 276543
9/4/2008 9:03 PM | | Re: Dow plunges -344 points | Quote |
remember friday is bank failure day...who's it gonna be tomorrow??? Quoting: CountryJoe
It won't be a bank FAILURE it will be spun as a bank TAKEOVER with the FDIC walking away with all the bad paper from the banks to be put into an account for us the TAXPAYER..
Word on the street is couple more hedge funds blowing up very soon. LIKE NOW. |
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Anonymous Coward
User ID: 73913
9/4/2008 9:44 PM | | Re: Dow plunges -344 points | Quote |
what will the Asian markets do tonight !
They will go in the crapper. Probably down 400. However, if it works like it did in the past, there probably won't be a big dow drop tomorrow. A few weeks ago, there was a big loss on Thursday then a big loss overnight in the foreign markets. On Friday dow went up quite a bit. I'm betting that it won't be down big, maybe -50 or something. More than likely it will be up...possibly big
Nikkie down 329 points in early trading.
[ link to finance.yahoo.com]
364.48 now |
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Anonymous Coward
User ID: 495949
9/4/2008 9:47 PM | | Re: Dow plunges -344 points | Quote |
Sorry, wrong again GLPers: This was profit taking. Not a big deal. I know everyone here is too poor and too retarded to understand economics, but the doom your hoping for is not happening.
***ECONOMIC DOOM IS CANCELED*** |
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Anonymous Coward
User ID: 497421
9/4/2008 9:47 PM | | Re: Dow plunges -344 points | Quote |
Watch the NIKKEI closely. Watch it like a hawk. Watch it, ok? Good. Quoting: Anonymous Coward 487814
Roger.
 |
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Anonymous Coward
User ID: 496355
9/4/2008 9:48 PM | | Re: Dow plunges -344 points | Quote |
It will recover part of this loss tomorrow, then completely next week. 11k will be defended. |
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Anonymous Coward
User ID: 276543
9/4/2008 9:51 PM | | Re: Dow plunges -344 points | Quote |
Sorry, wrong again GLPers: This was profit taking. Not a big deal. I know everyone here is too poor and too retarded to understand economics, but the doom your hoping for is not happening.
***ECONOMIC DOOM IS CANCELED*** Quoting: Anonymous Coward 495949
Bullshit !! You mean whatever profit is left.
The market if fucked for the time being.
Cash is KING. Nowhere is safe
Everyone knows-No safe harbor.
Where's your money ?? |
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Anonymous Coward
User ID: 73913
9/4/2008 9:54 PM | | Re: Dow plunges -344 points | Quote |
It will recover part of this loss tomorrow, then completely next week. 11k will be defended. Quoting: Anonymous Coward 496355
think so summer rally is over. |
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Anonymous Coward
User ID: 497431
9/4/2008 10:10 PM | | Re: Dow plunges -344 points | Quote |
See,we can discuss economics without Omega.I guess John Galt mentally kicked his ass real good and now he is too ashamed to show his face around here.....Or else he is taking another nap!HA-HA....Just joking...Where are you now that the shit is hitting the fan????????? |
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Anonymous Coward
User ID: 276543
9/4/2008 10:15 PM | | Re: Dow plunges -344 points | Quote |
The only thing working is going long dollar shorting other currencies-Euro-GBP
Shorting stocks altogether.
The swings are to fast and to violent for funds to get in and out of fast enough. Thats why were seeing alot of hedge's go belly up for having to unwind long commodity positions.
Pimco the biggest bond fund has said -we aint buying shit anytime soon. ITS UP TO THE FED.
SCREWED |
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Anonymous Coward
User ID: 481581
9/4/2008 10:18 PM | | Re: Dow plunges -344 points | Quote |
Watch the NIKKEI closely. Watch it like a hawk. Watch it, ok? Good. Quoting: Anonymous Coward 487814
Can you repeat that, I did not understand. |
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Anonymous Coward
User ID: 427590
9/4/2008 10:31 PM | | Re: Dow plunges -344 points | Quote |
Sorry, wrong again GLPers: This was profit taking. Not a big deal. I know everyone here is too poor and too retarded to understand economics, but the doom your hoping for is not happening.
***ECONOMIC DOOM IS CANCELED*** Quoting: Anonymous Coward 495949
Now, I do agree that the Dow going down has little effect, as it will most likely recover tomorrow, but the economy is shit right now. Wouldn't quite call it "economic doom", but it isn't real pretty. |
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Anonymous Coward
User ID: 73913
9/4/2008 10:37 PM | | Re: Dow plunges -344 points | Quote |
what will the Asian markets do tonight !
They will go in the crapper. Probably down 400. However, if it works like it did in the past, there probably won't be a big dow drop tomorrow. A few weeks ago, there was a big loss on Thursday then a big loss overnight in the foreign markets. On Friday dow went up quite a bit. I'm betting that it won't be down big, maybe -50 or something. More than likely it will be up...possibly big
Nikkie down 329 points in early trading.
[ link to finance.yahoo.com]
Hang Seng -582.55
 |
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Anonymous Coward
User ID: 479131
9/4/2008 10:44 PM | | Re: Dow plunges -344 points | Quote |
TSX Toronto down nearly a 1000 on the week. |
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Anonymous Coward
User ID: 490384
9/4/2008 10:47 PM | | Re: Dow plunges -344 points | Quote |
Oh, it's bad folks...
[link to www.forbes.com]
"U.S. corporate profits in the second quarter as captured by
GDP data are 'shockingly bad', Societe Generale says in a cross asset strategy research note, suggesting that an 'equity market meltdown' is 'imminent'.
Although 'we have now reached the point in the cycle where companies reach the end of the road on earnings manipulation and have to admit to their shareholders how bad things really are, sending reported profits diving ... analysts currently see no prospect of a non-financial profits slowdown, let alone recession,' SocGen says.
The recent strengthening of the dollar against the euro <EUR=> has put the U.S. currency on course towards support levels at 1.38 and 1.33. 'This will seriously damage S&P reported profits during 2009,' the French bank says.
It warns investors against going overweight Europe, arguing that European stocks will decline even faster than U.S. equities even if European profits outperform and regardless of the fact that valuations are cheaper in Europe. |
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Anonymous Coward
User ID: 496448
9/4/2008 10:53 PM | | Re: Dow plunges -344 points | Quote |
Futures are DOWN
Black Friday is on the Horizon
It will be BAD tomorrow |
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Anonymous Coward
User ID: 490384
9/4/2008 11:03 PM | | Re: Dow plunges -344 points | Quote |
Sorry, wrong again GLPers: This was profit taking. Not a big deal. I know everyone here is too poor and too retarded to understand economics, but the doom your hoping for is not happening.
***ECONOMIC DOOM IS CANCELED*** Quoting: Anonymous Coward 495949
Dude, you are just WRONG on every count...
"A shopped-out, saving-less and debt-burdened US consumer is now stretched like never before, at its tipping point and starting to falter and contract spending. Since we have not seen a fall in consumption – even for a single quarter - for the last 18 years the effects of this sharp retrenchment of US consumption will be severe and cause a protracted and sharp US recession, at least a 18 months recession rather than the 6 months recession predicted by a delusional economic consensus."
The Coming US Consumption Bust: 12 Reasons Why the US Consumer is in Serious Trouble and Faltering
[link to www.godlikeproductions.com] |
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Anonymous Coward
User ID: 494823
9/4/2008 11:11 PM | | Re: Dow plunges -344 points | Quote |
Last night a hot cunt spoke for the party that has instigated America's Destruction; due to this those in the know scurry. That is the answer as to why the market has plunged. Don't worry! TPTB will pick it all back up tomorrow. If not, we should wonder if the rich may be squabbling amongst themselves... |
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For What It's Worth
User ID: 497490
9/4/2008 11:27 PM | |
Anonymous Coward
User ID: 495949
9/4/2008 11:29 PM | | Re: Dow plunges -344 points | Quote |
Sorry, wrong again GLPers: This was profit taking. Not a big deal. I know everyone here is too poor and too retarded to understand economics, but the doom your hoping for is not happening.
***ECONOMIC DOOM IS CANCELED***
Dude, you are just WRONG on every count...
"A shopped-out, saving-less and debt-burdened US consumer is now stretched like never before, at its tipping point and starting to falter and contract spending. Since we have not seen a fall in consumption – even for a single quarter - for the last 18 years the effects of this sharp retrenchment of US consumption will be severe and cause a protracted and sharp US recession, at least a 18 months recession rather than the 6 months recession predicted by a delusional economic consensus."
The Coming US Consumption Bust: 12 Reasons Why the US Consumer is in Serious Trouble and Faltering
[ link to www.godlikeproductions.com]
Wrong, you just want doom and gloom. There is no more economic doom coming. You can pump it up all you want, ITS NOT HAPPENING HIPPIES.
- GDP is up.
- Wages are up.
- Dollar is up.
 |
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Anonymous Coward
User ID: 490384
9/4/2008 11:31 PM | | Re: Dow plunges -344 points | Quote |
Quoting: Anonymous Coward 495949
OMG you're clueless!
You say the dollar is up, eh? And what do you suppose that will do to American exports, huh? I'll tell you what -- it will make them MORE EXPENSIVE overseas.
So the one bright spot for a lot of American companies - strong overseas sales making up for weak domestic demand - will soon *evaporate*. Then what do we have left?
Let's see you spin that, ass-hat. |
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Anonymous Coward
User ID: 496935
9/4/2008 11:32 PM | | Re: Dow plunges -344 points | Quote |
Just as the Republican pukes are saying the economy is doing fine. Ha!
[ link to finance.yahoo.com]
It's all about CHANGE!
(change from bad to worse, that is)
We need some new smilies.
Some funny McCain, Barack, and Sarah smilies.
After all, they are a joke. Might as well have some funny smilies.
The Sarah smilie needs bouncing titties. |
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Anonymous Coward
User ID: 496145
9/4/2008 11:34 PM | | Re: Dow plunges -344 points | Quote |
Stock Market CRASH is on its way soon...watch out for the panic!!! |
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Anonymous Coward
User ID: 495949
9/4/2008 11:34 PM | | Re: Dow plunges -344 points | Quote |
Wrong, you just want doom and gloom. There is no more economic doom coming. You can pump it up all you want, ITS NOT HAPPENING HIPPIES.
- GDP is up.
- Wages are up.
- Dollar is up.
OMG you're clueless!
You say the dollar is up, eh? And what do you suppose that will do to American exports, huh? I'll tell you what -- it will make them MORE EXPENSIVE overseas.
So the one bright spot for a lot of American companies - strong overseas sales making up for weak domestic demand - will soon *evaporate*. Then what do we have left?
Let's see you spin that, ass-hat.
Your a retard. Exports are a much smaller portion of what the US does compared to Imports. Imports are helped by the strengthening dollar, for a overall net positive benefit - a very big benefit.
Please learn what the hell your talking about, dumbass. |
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You_Dads_Shriveled_N ut_Sack
User ID: 465798
9/4/2008 11:43 PM | | Re: Dow plunges -344 points | Quote |
I have some solid information about the direction of the Dow tomorrow. I'm going to be fine. I don't have to speculate. This is information that I can't share with you. If I could help you out I would. |
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Anonymous Coward
User ID: 462040
9/4/2008 11:44 PM | |
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