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Dow plunges -344 points

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383623
User ID: 383623
9/5/2008 9:42 AM
Re: Dow plunges -344 pointsQuote

interesting weekend coming up...behind the scenes of course
Highway to Hell
Lemoning
User ID: 497637
9/5/2008 9:45 AM
Re: Dow plunges -344 pointsQuote

i think PPT have been given the signal to let the market crash
 Quoting: Anonymous Coward 433183


I doubt it. Only down 45 now, clearly they are already getting involved.
Anonymous Coward
User ID: 440235
9/5/2008 9:50 AM
Re: Dow plunges -344 pointsQuote

I'm for Obama. But I guarantee this is in response to the RNC convention. They know there is now way McCain can win. So all the super rich/corporate types are in panic, cause they are scared their tax breaks won't continue.
Anonymous Coward
User ID: 433183
9/5/2008 9:52 AM
Re: Dow plunges -344 pointsQuote

I'm for Obama. But I guarantee this is in response to the RNC convention. They know there is now way McCain can win. So all the super rich/corporate types are in panic, cause they are scared their tax breaks won't continue.
 Quoting: Anonymous Coward 440235

iamwith
Anonymous Coward
User ID: 428255
9/5/2008 10:00 AM
Re: Dow plunges -344 pointsQuote

I'm for Obama. But I guarantee this is in response to the RNC convention. They know there is now way McCain can win. So all the super rich/corporate types are in panic, cause they are scared their tax breaks won't continue.
 Quoting: Anonymous Coward 440235

bsflag
Anonymous Coward
User ID: 488861
9/5/2008 10:19 AM
Re: Dow plunges -344 pointsQuote

Derivatives will collapse the world's financial system when the MBSs, then CDOs default from the housing bust.

I do not see how the Fed can monetize and create enough credit to save the world's $570 TRILLION in derivatives most of which are held outside the Fed's jurisdiction and overseas.

When the housing bust cascades the fall of the derivatives, the Fed will let it happen (it has stated over and over again) and can not avoid the defaults which will hurt the overseas holders of CDOs and derivatives. Let the foreigners sink and collapse having chased the higher yields these instruments get them
Anonymous Coward
User ID: 465490
9/5/2008 10:25 AM
Re: Dow plunges -344 pointsQuote

i think PPT have been given the signal to let the market crash


I doubt it. Only down 45 now, clearly they are already getting involved.
 Quoting: Lemoning

Make that -77.
Anonymous Coward
User ID: 497700
9/5/2008 10:27 AM
Re: Dow plunges -344 pointsQuote

i think PPT have been given the signal to let the market crash


I doubt it. Only down 45 now, clearly they are already getting involved.

Make that -77.
 Quoting: Anonymous Coward 465490


Make that-88, but being friday everything will be up on the day.
Anonymous Coward
User ID: 465490
9/5/2008 10:48 AM
Re: Dow plunges -344 pointsQuote

i think PPT have been given the signal to let the market crash


I doubt it. Only down 45 now, clearly they are already getting involved.

Make that -77.


Make that-88, but being friday everything will be up on the day.
 Quoting: Anonymous Coward 497700

Time will tell.
Anonymous Coward
User ID: 465490
9/5/2008 11:06 AM
Re: Dow plunges -344 pointsQuote

-146
Lemoning
User ID: 497723
9/5/2008 11:11 AM
Re: Dow plunges -344 pointsQuote

Hardly black friday though is it?
Anonymous Coward
User ID: 497722
9/5/2008 11:15 AM
Re: Dow plunges -344 pointsQuote

-146
 Quoting: Anonymous Coward 465490

hiding
383623
User ID: 383623
9/5/2008 11:16 AM
Re: Dow plunges -344 pointsQuote

it ain't 2pm yet. Once they get past 2pm and things are doing ok, then I might relax my paranoia a little
Highway to Hell
ShowMe State of Mind Subscriber
I support the science of research.
User ID: 461916
9/5/2008 12:03 PM
Re: Dow plunges -344 pointsQuote

About two months ago it was 10,500...so there is breathing room. If you recall we got a 300+ ralley just before Georgia attacked South Ossetia...so maybe this means that the Iranina invasion is put off for another weekend.
"It also gives us a very special, secret pleasure to see how unaware the people around us are of what is really happening to them" Adolf Hitler

"If this were a Dictatorship, it'd be a heck of a lot easier. Just so long as I'm the Dictator."
George W. Bush - December 18, 2000

***Question Authority***

~V~
Lemoning
User ID: 497723
9/5/2008 12:36 PM
Re: Dow plunges -344 pointsQuote

PPT clearly involved now. Only down 17.
Anonymous Coward
User ID: 497700
9/5/2008 4:41 PM
Re: Dow plunges -344 pointsQuote

i think PPT have been given the signal to let the market crash


I doubt it. Only down 45 now, clearly they are already getting involved.

Make that -77.


Make that-88, but being friday everything will be up on the day.

Time will tell.
 Quoting: Anonymous Coward 465490


Yes, it will

11,220.96 4:03pm ET Up 32.73 (0.29%)
neener2
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