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Thread: Tracking the DOW PLUNGE!!!

  1. #241
    Iridium Spectrism's Avatar
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    That they allowed this to happen is what concerns me. The pump monkeys could have stopped this. They are letting the market ripple for a reason. It might be time for them to create another crisis to advance the plan. When the people are in free fall from a high place, they will gladly put the noose around their own necks thinking it will save them when the rope pulls tight.
    SPECTRISM time countdown2025

  2. #242
    Dangerous Donald Neuro's Avatar
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    Quote Originally Posted by Ash_Williams View Post
    Oh QE3 is coming for sure.
    How long can it keep coming though? Every time the last QE starts to wear off we get another one?
    Years and years of recession and bailouts.

    We thought the shit would hit the fan but instead it's just kinda building up slowly on the fan. Still stinks though.
    The bankers wants a period of extreme deflation now it allows them to increase their profits from the working stiffs!

  3. #243
    Great Value Carrots LuckyStrike's Avatar
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    Quote Originally Posted by Spectrism View Post
    That they allowed this to happen is what concerns me. The pump monkeys could have stopped this. They are letting the market ripple for a reason. It might be time for them to create another crisis to advance the plan. When the people are in free fall from a high place, they will gladly put the noose around their own necks thinking it will save them when the rope pulls tight.
    I agree, although I still find the timing odd considering the debt deal. I would imagine they would've delayed the debt deal for a week let the market blow off 10% or so, get support behind the debt deal, then pump the market up 15% and act like heroes.

    OTOH, we all know the markets are manipulated but it seems to me as though the market is more concerned about the US debt crisis than they are about anything else. I know that's me personally, there are a lot of companies who have solid fundamentals but it's certainly hard to navigate when with such huge leverage babies get thrown out with bathwater. Interesting times to say the least, I tightened some stops on a few of mine since I have no confidence on this market without huge injections. To me this is what the market looks like without life support, pure crap.

    I was just looking through some of my stocks on my watchlist and came across HCA, a company I bought at the IPO, and came to GSUS recommending, I made 10% it hit resistance went sideways and by providence or luck I decided to move into something else that paid a dividend, thank God I did it's nearly 40% off where I sold it.
    http://www.truthinourtime.com/

    "Speed is the only truly modern pleasure" - Aldous Huxley

  4. #244
    Joe King
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    Quote Originally Posted by LuckyStrike View Post
    I have no confidence on this market without huge injections.
    IMHO, perhaps you should cash-out, now.

  5. #245
    Chatmaster Flash vacuum's Avatar
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    My company's stock was down about 30%. I lost about $1200 (if I sell tomorrow).

  6. #246
    Gold platinumdude's Avatar
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    down another 60 to 11,324. I bet they try to pump it back up at the close.

  7. #247
    Unobtanium mick silver's Avatar
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    i dont see it going up till we give the banks some more paper , they need it to buy up what left of this country
    “Now remember, when things look bad and it looks like you’re not gonna make it, then you gotta get mean, mad-dog mean. ‘Cause if you lose your head and you give up then you neither live nor win. That’s just the way it is.” ~ Outlaw Josey Wales…

    STOP F*CKING WITH US.

  8. #248
    Platinum undgrd's Avatar
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    Down 102

    Seems to be bouncing between 80 and 100 down
    I'd like to think that all of this constant interaction is just the kind of make you drive yourself away
    Each simple gesture done by me is counteracted and leaves me standing here with nothing else to say

    Completely baffled by a backward indication that an inspired word will come across your tongue
    Hands moving upward to propel the situation have simply halted and now the conversation's done

  9. #249
    Unobtanium Dogman's Avatar
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    -215 don't worry the bankers and government will protect us....Sarcasm icon Here!
    "My reading no matter how transient is a dagger in the heart of ignorance."

  10. #250
    Unobtanium mick silver's Avatar
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    so what happen to the Europe's money markets . they were having a hard time yesterday
    “Now remember, when things look bad and it looks like you’re not gonna make it, then you gotta get mean, mad-dog mean. ‘Cause if you lose your head and you give up then you neither live nor win. That’s just the way it is.” ~ Outlaw Josey Wales…

    STOP F*CKING WITH US.

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