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I still have a hard time believing that the lows of 08 won't be tested at some point. I always figured we'd get back to 10K on the dead cat bounce, but this seems long in the tooth. But what do I know, and what do I care, I will never buy a stock again.
Edit: What is a post here without numbers?
Dow 11,075.27 -92.05 -0.82%
It sure is long in the tooth. I would love to be able to see where the money came from and its flows.Quote:
Originally Posted by oldmansmith
The money is not likely to go into bonds so this has been one source... flight from bonds. If interest rates rise, some of the money could be enticed back to bonds.
Right now I am just waiting for the next bit of news that shakes the world. Multiple choice question.... pick as many as apply:
a) New major war breaks out threatening oil lanes
b) Major terrorist attack on US soil
c) Katla errupts shutting down air travel over Europe & Russia
d) Major earthquake hits Missouri and many fear Yellowstone to blow
e) The truth about derivatives is revealed to the world
f) People realize the money system is built on false confidence
g) Major political figure is assassinated
h) Spain, Portugal & Ireland default
i) North Korea sinks another South Korean ship
j) Obama fails to bow again to the premier of China
i agree. just as the oil spill in the gulf "forced" the POTUS to reinstitute the ban on offshore drilling, some other major event in the world will "put pressure" on the markets forcing the .gov to intervene in our best interests. and as your list shows, it could be any one of those events.
Wake up plungers! :P
DJIA 10897.90 -253.93 -2.28%
Quote:
Originally Posted by MNeagle
Actually crude is down, due to Greece concerns.
Apparently 1/3 of Greece's workforce are government employees.
And they're pissed that they're losing 2 of their free payed holiday months. Yes that's right some Greek state workers get payed for 14 months work.
The retirement age for women is going form 60 to 65,
And the national sales tax is going from 20 to 23 percent.
God I wonder what their income tax rate is.
Who knew the Greeks were so into Socialism.
The opening bell is about to ring. Agains stocks are DOWN. They have broken the neckline of the sloppy head & shoulders.
Hmmm.... will they bounce back? Fear is coming into the market big.
nikkei down 3.3%:
http://uk.ichart.yahoo.com/b?s=^N225
Looks like we may see another triple digit plunge today. one can only hope.
10,810.83 -57.29 (-0.53%)
Real-time: 10:58AM EDT
Dow 10,595.67 -272.45 -2.51%
Edit: 10 min later...
10,534.15 -333.97 -3.07%
Edit: 2min later...
Dow 10,456.61 -411.51 -3.79%
Any drop today? LOL.... ready for phase 2?
The story circulated as a PG- Proctor & Gamble mistake trade- was a lie!!!
Citi reported after hours that they found NO mistakes in their trades! There was NO erroneous key punch. Watch for another drop tomorrow!!
Futures market is down a bit.
Here is the S&P 500 futures....
Will be watching the late show tonight: Nikkei 225
...and the late late /early show: FTSE 100
Gigantic drop with huge turnover, I believe that PPT will have a lot of work tomorrow. Probably they will be able to save the day without to much of spillage tomorrow, since it is Friday, but if it ends in the red we will probably see a very interesting Monday. Gold did incredibly well today totally decoupled from stock market DOW:Gold parity here we come! 1224 gold with 1.23 Euro= almost 1000€ gold, and we are still in the trading ranges of gold and Euro vs the dollar. I bet that gold will not go above a 1000 € just yet, may be a good idea to trade gold for Euro just under 1000 if it goes there.Quote:
Originally Posted by Spectrism
Here is a trend trader analysis. He is pretty good.
http://www.youtube.com/watch?v=1vgWn...X4&feature=sub
Here is the full vid-
http://www.thestockmentor.com/050610.html
Futures are all up about 1/2 % tonight. Everything back to normal, :-* :-*
I think the PPT has threatened traders with execution if they fail to fulfill their patriotic duty of buying futures in the stockmarket tonight...
Hey Neuro, would 1000 euro gold get people's attention over there? Does the average European realize their currency is circling the bowl?Quote:
Originally Posted by Neuro
Another day in the triple reds ?
Quote:
Originally Posted by the white rabbit
You need a turban oh great swami....
DOWN 187...
10,252.41 -267.91 (-2.55%)
Real-time: 10:29AM EDT
Hahaha... I guess the fat fingers excuse ain't holding up!!!
Drop through the floor again!
VIX spiked higher than yesterday!!
Hold your hats.... PLUNGE!!!
somebody pressed the B button again! :o
I think most software nowadays has safegards for this...Quote:
Originally Posted by chad
[img width=600 height=187]http://i542.photobucket.com/albums/gg404/randymatt/B_or_M.jpg?t=1273359592[/img]
I hope that there is no "T" button (as in Trillions) on the stock trading computer that gets fat-fingered. :ROFL:Quote:
Originally Posted by chad
With the failure of the "containment" attempt by BP, soon people will realize that this mess is bigger than Pearl Harbor.... bigger than 911..... bigger than the midwest dustbowl.
The shock will ripple through the Gulf states and punch Washington DC in the nutz. This is only the first of many shocks coming.
with all due respect, i believe it will be us that is punched in the nutz. :oQuote:
Originally Posted by Spectrism
that's okay, mine are numb from the constant barrage dealt to me by the .gov
i think i'm okay on this one. ;D
The Washington DC Congress whores will continue to punch everybody in the "nutz" regardless of whatever happens in the Gulf. The oil spill situation in the Gulf will just be another reason for the Washington DC Congress whores to punch us in the "nutz" much sooner rather than much later.Quote:
Originally Posted by gunny highway
Yes a high volatility index seems to correlate very strongly with a falling market... Can someone post a chart of the VIX together with the DOW or S&P500?Quote:
Originally Posted by Spectrism
Futures are getting slapped around again, down almost 1% across
the board.
A trillion dollars doesn't buy you much anymore.......Quote:
Originally Posted by optionT
Yet again, the futures are down about 3/4 %! Even with the bailouts the markets are not going gang busters.
started to fall off a cliff around 3pm.
10,816.65 -80.26 (-0.74%)
Real-time: 3:25PM EDT
Today............. -113.xx
[b]10659.68 -123.27 -1.14%[/b
What a wonderful start to a wonderful Friday. :sarc: :sarc: :sarc: :sarc:Quote:
Originally Posted by MNeagle
Hmmmm..........I wonder.........Will today will be "Fat Finger" Friday for the stock market?
A fine day for a plunge.
And BP broke the 47 barrier.... finally!
is the gov running out of paper to keep the market up and running . i never tought of bp pulling the the markets down and taking every thing else with it but they have a big ass mess down there and it will cost us all . what would be a good and fast bet on the market right now .. something you can get in and out fast and make some money on
10,582.37 -200.58 (-1.86%)
Real-time: 11:21AM EDT