Tracking the DOW PLUNGE!!!

[BarnkleBob]

EOY tax avoidance profit taking... big tax increase after 12\31\2012.... gold has been hedging bonds, as profit is taken the hedges are closed & POG falls... I anticipate weakness until after the 1st....

[slvrbugjim]

EOY tax avoidance profit taking... big tax increase after 12\31\2012.... gold has been hedging bonds, as profit is taken the hedges are closed & POG falls... I anticipate weakness until after the 1st....

OHhhhh if it were only true

[MNeagle]

http://finviz.com/image.ashx?dow&rev=634862537017992500


http://finviz.com/fut_image.ashx?gc....62537392680000 http://finviz.com/fut_image.ashx?si....62537392680000 http://finviz.com/fut_image.ashx?cl....62537392680000 http://finviz.com/fut_image.ashx?dx....62537392680000

Hard to believe this thread hasn't been used in 9 months! Does the PPT still work?

[EE_]

Hard to believe this thread hasn't been used in 9 months! Does the PPT still work?

I think Wall Street is playing the volitility game over the budget and debt ceiling. They can't get the market to move higher, so create fear and play the swings to take all they can get their hands on.
In case you haven't heard it in the last 5 minutes, the government might shut down tonight...oooh my!
How many times can they play this game?

[MNeagle]

FEDERAL SHUTDOWN LOOMS!!!







booga booga

[Horn]

Government shutdown is almost certain


The US federal government is barrelling towards its first shutdown in 17 years after congressional Republicans demanded a one-year delay of President Barack Obama's health care law and the repeal of a tax to pay for the law before approving any funds to keep the government running.

House of Representatives Republicans emerged from a secret meeting on Saturday unified and confident that they had the votes to delay the health care law and eliminate a tax on medical devices that partly pays for it.

But before the House had even voted, Senator Harry Reid of Nevada, the majority leader, declared the House bill dead. Senate Democrats are planning to table it when they convene on Monday, leaving it up to the House to pass a stand-alone spending bill free of any measures that undermine the health care law.


The House's action all but ensured that large parts of the government would be shuttered as of 12.01am Tuesday, US eastern time. More than 800,000 federal workers deemed nonessential faced leave of absence; millions more could be working without pay.

A separate House Republican bill would also ensure that military personnel continued to be paid in the event of a government shutdown, an acknowledgement that a shutdown was likely. The health law delay and the troop funding bill were set for House passage.

''The American people don't want a government shutdown, and they don't want Obamacare,'' House Republican leaders said in a statement. ''We will do our job and send this bill over, and then it's up to the Senate to pass it and stop a government shutdown.''

Darrell Issa, a powerful Republican committee chairman who is close to the leadership but has sided with those who want to gut the health care law, flashed anger when asked what would happen when the Senate rejected the House's offer.
''How dare you presume a failure?'' he snapped. ''We continue to believe there's an opportunity for sensible compromise, and I will not accept from anybody the assumption of failure.''

Senator Reid made it clear that failure was inevitable. ''After weeks of futile political games from Republicans, we are still at square one,'' he said. ''We continue to be willing to debate these issues in a calm and rational atmosphere, but the American people will not be extorted by Tea Party anarchists.''

Read more: http://www.smh.com.au/world/governme...#ixzz2gOaSZuuN

[Neuro]

the American people will not be extorted by Tea Party anarchists.''

It seems some representatives are more worth than others. Democrats=American people, Republicans=Tea party anarchists. I just think the bunch of them are just scum, with no interest in the well being of anyone apart from themselves. If some of them would be anarchists I would apologize for the generalization...

[Neuro]

I think we are likely to see a black October day plunge...

[Horn]

It seems some representatives are more worth than others.

It depends on how many times your district can send the same Representative that yours gets earmarked for larger Fed. fund projects.

Royalty in action.

[madfranks]

The American people don't want a government shutdown

Actually, a lot of us do.