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Stock Markets are crashing right NOW!!!

 
W. W. Raupp

User ID: 27619
India
05/22/2006 09:34 AM
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Re: Stock Markets are crashing right NOW!!!
96496,

You know why this isn't a crash? Because it happens in phases, and while there is a small degree of 'panic', there's nothing out of the ordinary that can be defined as a crash.

Mind, all these losses (except for Bombay and the Middle East) are well below the 5% threshold. And even if a market falls by 5%, it still isn't a crash.
To shape the world is to become immortal
AC
User ID: 2218
United States
05/22/2006 09:35 AM
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Re: Stock Markets are crashing right NOW!!!
They will tank.Momentum will continue to be negative.%40 correction could be possible by September.
Anonymous Coward
User ID: 96479
United Kingdom
05/22/2006 09:39 AM
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Re: Stock Markets are crashing right NOW!!!
stock markets are crashing right now!

NO they are not!
bsflag
Optimistic Aussie from Perth

User ID: 1488
Australia
05/22/2006 09:39 AM
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Re: Stock Markets are crashing right NOW!!!
'correction'

The very system itself will be over, when that day comes.

Will be nothing to 'correct'
W. W. Raupp

User ID: 27619
India
05/22/2006 09:40 AM
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Re: Stock Markets are crashing right NOW!!!
Aussie, it will happen when the time is right. But not today.

Don't worry, there will be fireworks.
To shape the world is to become immortal
Johnny Danger (nli)
User ID: 74060
United States
05/22/2006 09:58 AM
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Re: Stock Markets are crashing right NOW!!!
When the FTSE loses its entire years gains, in less than 3 hours, I'd call that a Crash.
Anonymous Coward
User ID: 54534
United Kingdom
05/22/2006 09:59 AM
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Re: Stock Markets are crashing right NOW!!!
you are all having a field day over nothing. I have neve known a bunch of idiots trying to make something out of nothing. Oh... wait... The English speaking governments ring a bell. You wouldn't all be from those countries by any chance?
W. W. Raupp

User ID: 27619
India
05/22/2006 10:00 AM
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Re: Stock Markets are crashing right NOW!!!
Johnny, it wasn't 3 hours it's a few days - perhaps a week if you add up.
To shape the world is to become immortal
Optimistic Aussie from Perth

User ID: 1488
Australia
05/22/2006 10:00 AM
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Re: Stock Markets are crashing right NOW!!!
"Aussie, it will happen when the time is right. But not today."

I know. ;-)
Johnny Danger (nli)
User ID: 74060
United States
05/22/2006 10:00 AM
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Re: Stock Markets are crashing right NOW!!!
CNBC Is calling it:

RED MONDAY!

scream
Anonymous Coward
User ID: 95692
United States
05/22/2006 10:05 AM
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Re: Stock Markets are crashing right NOW!!!
LOL ebay, yahoo, microsoft all DOWN, even ethanol!
Anonymous Coward
User ID: 95692
United States
05/22/2006 10:06 AM
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Re: Stock Markets are crashing right NOW!!!
Bloomberg:
"Obviously a large global selloff"
buwahahaaaaa!
Johnny Danger

User ID: 74060
United States
05/22/2006 10:14 AM
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Re: Stock Markets are crashing right NOW!!!
Something is definately scaring people. Or Maybe it the steady rise in crude oil, and gas prices.

It's all being manufactured, that's for sure.
W. W. Raupp

User ID: 27619
India
05/22/2006 10:18 AM
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Re: Stock Markets are crashing right NOW!!!
Johnny, this is not manufactured. American stock exchanges all lower as expected. Euro's up, inflation fear is everywhere and furthermore, investors fear that the dollar might start a serious decline in the coming weeks/months/years.

It's fear for realistic things that aren't set up by 'evil men in cubicles'.
To shape the world is to become immortal
Anonymous Coward
User ID: 91387
United States
05/22/2006 10:35 AM
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Re: Stock Markets are crashing right NOW!!!
Bullshit on metals falling, silver uo .65 cents on steady London rise

[link to www.kitco.com]
Anonymous Coward
User ID: 95692
United States
05/22/2006 10:37 AM
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Re: Stock Markets are crashing right NOW!!!
Gold down
Anonymous Coward
User ID: 54534
United Kingdom
05/22/2006 10:40 AM
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Re: Stock Markets are crashing right NOW!!!
where do you people get all this crap?
all the major stocks are back up or going back up.
London is up
Asia is recovering
surly it is expected for all stock markets to trade and in some cases more challenging than other days.
We have idiots in this forum who claim to be the top dog in this forum but they are all full of crap. They also have a very short memory as this will pass by next week and then they will deny ever taking part in this.
are you listening kids?
Anonymous Coward
User ID: 74711
United States
05/22/2006 10:42 AM
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Re: Stock Markets are crashing right NOW!!!
NYSE in $21bn Euronext merger bid

Euronext shareholders will meet on Tuesday to discuss the firm's fate
The New York Stock Exchange (NYSE) has unveiled plans to merge with the pan-European Euronext exchange.
The proposed move would create a transatlantic stock market giant worth $21bn (16bn euros; £11bn).

If successful, the merger bid would trump rival plans by Germany's Deutsche Boerse for a tie-up with Euronext.

Competition between exchanges has been increasing, and analysts are predicting more mergers as the companies look to cut costs and boost client numbers.

Earlier this year, Euronext called off its attempts to buy the London Stock Exchange after US firm Nasdaq increased its stake. Since then, Nasdaq has continued to build its holding, and said on Friday it now had now topped 25%.

[link to news.bbc.co.uk]
W. W. Raupp

User ID: 27619
India
05/22/2006 10:46 AM
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Re: Stock Markets are crashing right NOW!!!
Pal, this correction has nothing to do with the merge between NYSE and Euronext.
To shape the world is to become immortal
Johnny Danger

User ID: 74060
United States
05/22/2006 10:56 AM
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Re: Stock Markets are crashing right NOW!!!
What some call a "Correction" I call a pre-cursor to a crash.
Anonymous Coward
User ID: 95725
United States
05/22/2006 10:59 AM
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Re: Stock Markets are crashing right NOW!!!
This bit of info from a VERY RELIABLE source....someone who trades and KNOWS THE MARKET.....for over 15 years now....here is what they have to say about what is going on in India....


<<The US market has had a nasty correction. It usually but not always influences some other markets. India has had a lot of hot money and also money from people who never had done it before. It's not unusual. In terms of our markets here---- we have had 8 days of correction.
People are looking to see if we can hold here and get a bit of a bounce. Nothing unusual there either. This is all part of market behaviour.>>
W. W. Raupp

User ID: 27619
India
05/22/2006 11:01 AM
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Re: Stock Markets are crashing right NOW!!!
Johnny, several months ago many of GLp and including you were posting in threads about 'the bottom falling out of the markets' and saying that the end for the fiat-based economy is near, etc.

Well, nothing happaned in the direct aftermath of that correction and it is most likely that this will not escalate unless the dollar starts taking heavy hits or inflation is beginning to show its ugly head more clearly.
To shape the world is to become immortal
Johnny Danger

User ID: 74060
United States
05/22/2006 11:08 AM
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Re: Stock Markets are crashing right NOW!!!
If God poured out His wrath at one whack, there would be no human left. He does it in stages.
W. W. Raupp

User ID: 27619
India
05/22/2006 11:10 AM
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Re: Stock Markets are crashing right NOW!!!
But what if God doesn't care about those puny markets?
To shape the world is to become immortal
Anonymous Coward
User ID: 60811
United States
05/22/2006 11:14 AM
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Re: Stock Markets are crashing right NOW!!!
man ,I woke up and saw this..lol thank goodness I own lowes stock...I'm sure it has something to do with disaster prep especially in Florida.
Anonymous Coward
User ID: 90921
United States
05/22/2006 11:16 AM
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Re: Stock Markets are crashing right NOW!!!
THE MARKETS ARE NOT CRASHING!

All of you need a class in finance 101.
Omega

User ID: 22670
United States
05/22/2006 11:17 AM
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Re: Stock Markets are crashing right NOW!!!
The Fed did an 8 billion dollar coupon pass this morning to try and prop it up, looks like they are losing control......

10am prop job did not work. Nasdaq getting clobbered.

They can pimp the Dow cuz it's only 30 stocks, the other markets tell the real story.

"I cannot hold her Capt'n"



1rof1
Handguns are a skill; shotguns an art; rifles a science.
_____________________________________
Democracy is two wolves and a sheep voting on whats for dinner.

Disarmament is the precursor to Genocide.

Better to take action now rather than chances later. Your choice.
Omega

User ID: 22670
United States
05/22/2006 11:18 AM
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Re: Stock Markets are crashing right NOW!!!
Never try and catch a falling knife.
damned
Handguns are a skill; shotguns an art; rifles a science.
_____________________________________
Democracy is two wolves and a sheep voting on whats for dinner.

Disarmament is the precursor to Genocide.

Better to take action now rather than chances later. Your choice.
Anonymous Coward
User ID: 91387
United States
05/22/2006 11:27 AM
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Re: Stock Markets are crashing right NOW!!!
well i think most people realize that the fundamentals of a healthy country are absent in the USA.

the Governed are not very happy.

we have tried government by idiot and it doesn't seem to be working.

we have tried government by greed and it doesn't seem to be working.

Now we have government by a greedy idiot and it is fubared us.
Hunter
User ID: 96563
Germany
05/22/2006 11:30 AM
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Re: Stock Markets are crashing right NOW!!!
AC #54534 wrote

Did you know that stock market in Iran has gone up 80% since march. It has had the strongest growth in the world since 2 years ago. It is inflating so fast that the government has put a stop on the market going further up in fear that it might crash.
A lot of you consider Iran to be a 3rd world country and yet Iran is very cleverly sneaking through the back door to become one of the biggest and strongest. Perhaps that is why the West is so concerned with Iran and not the nuke issue.
here is a snip
Iran blocks share price gains

The stock exchange is often full of day traders
The Tehran Stock Exchange has taken steps to try to halt an explosive rally in share prices amid fears the market could be headed for a crash
The head of Iran's stock market sent a statement to brokers forbidding share price increases for a two-week period.

Iran's stock market has been one of the best performers in the world this year, gaining nearly 80% since the start of the financial year in March.

The country's main share index has risen by 11% in the past week alone.

But there are already concerns that the rally is unsustainable, and that the country's investors could end up being badly burnt.

[link to news.bbc.co.uk]

This is absolute BS.

bsflag bsflag bsflag

Look at the Timestamp from this BBC article. It's 6 August, 2003. muaha

So now look at a Chart for TEPIX, which is the index for Tehran Stock Exchange: [link to bigcharts.marketwatch.com]

Who are those guys who always spread disinformation about Iran. Why do they do this here on GLP so often. Do not believe anything what is posted here about Iran! Confirm yourself!