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Stock market shake-up: So what happens Monday?

Discussions about the economic and financial ramifications of hydrocarbon depletion.

Re: Stock Markets Current News part II

Unread postby nobodypanic » Wed 03 Dec 2008, 15:46:41

cube wrote: raging bull!

yes, a big steaming pile of it. :lol:
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Re: Stock Markets Current News part II

Unread postby biofuel13 » Wed 03 Dec 2008, 15:55:28

Take a look at yesterday's Dow chart and today's. They are exactly the same. Pretty crazy huh?
"With man gone will there be hope for gorilla? With gorilla gone will there be hope for man?" --Ishmael by D. Quinn
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Re: Stock Markets Current News part II

Unread postby Niagara » Wed 03 Dec 2008, 15:56:52

Yawn! This is getting too easy.

-Buy QID at the close
-Dump the next morning
-Buy QID at the close
-Dump the next morning
-Buy QID at the close
-Dump the next morning


Lather, rinse, repeat....
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Re: Stock Markets Current News part II

Unread postby Cid_Yama » Wed 03 Dec 2008, 16:00:12

Guess the Treasury is <b>NEVER</b> out of money. And they would rather have it go worthless than let this deflation continue.

Can they stop this deflation? Not a chance. They will destroy the USD before relinquishing power.
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst and provide for it." - Patrick Henry
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Re: Stock Markets Current News part II

Unread postby Armageddon » Wed 03 Dec 2008, 16:05:59

Cid_Yama wrote:Guess the Treasury is <b>NEVER</b> out of money. And they would rather have it go worthless than let this deflation continue. Can they stop this deflation? Not a chance. They will destroy the USD before relinquishing power.

Print and pump is basically their only choice at this point.
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Re: Stock Markets Current News part II

Unread postby Armageddon » Wed 03 Dec 2008, 17:36:15

Image
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Re: Stock Markets Current News part II

Unread postby jazzguitar14 » Wed 03 Dec 2008, 17:48:38

Armageddon wrote:Image


+1... Post of the year...
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Re: Stock Markets Current News part II

Unread postby RSFB » Wed 03 Dec 2008, 18:45:31

Headline for tomorrow (paraphrased):

"Stock markets plunge after investors read yesterday's news"
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Re: Stock Markets Current News part II

Unread postby AlexdeLarge » Wed 03 Dec 2008, 20:05:39

Armageddon wrote:Image


Are you suggesting one must have "balls of brass" to invest in this market?? ;)
Viddy well, little brother. Viddy well.
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Re: Stock Markets Current News part II

Unread postby smallpoxgirl » Thu 04 Dec 2008, 09:29:48

Well...once again the futures traders are predicting about a 100 point drop. IMHO, the other issue is that we're at the top border of this trading band that we've been in really since July. It bounced off it pretty hard on Monday. We're not quite up to the band line yet, but it may influence things today.

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Re: Stock Markets Current News part II

Unread postby biofuel13 » Thu 04 Dec 2008, 09:33:30

Dow down -90pts at the open, but if the last few days are an indicator we may see another day in the green. I just can't believe that we are still over the 8000 mark. Oh well maybe the big 'ol bear will come out of hibernation after the new year.
"With man gone will there be hope for gorilla? With gorilla gone will there be hope for man?" --Ishmael by D. Quinn
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Re: Stock Markets Current News part II

Unread postby smallpoxgirl » Thu 04 Dec 2008, 15:05:00

[smilie=qgreenjumpers.gif]

Just getting warmed up.
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Re: Stock Markets Current News part II

Unread postby smallpoxgirl » Thu 04 Dec 2008, 15:06:46

-200
"We were standing on the edges
Of a thousand burning bridges
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Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
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Re: Stock Markets Current News part II

Unread postby ALBY » Thu 04 Dec 2008, 15:08:36

[smilie=headbang.gif]

**roots for collapse**
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Re: Stock Markets Current News part II

Unread postby biofuel13 » Thu 04 Dec 2008, 15:18:43

Wow! WTF just happened? down -250!
"With man gone will there be hope for gorilla? With gorilla gone will there be hope for man?" --Ishmael by D. Quinn
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Re: Stock Markets Current News part II

Unread postby smallpoxgirl » Thu 04 Dec 2008, 15:23:10

biofuel13 wrote:Wow! WTF just happened? down -250!

Like I said this morning, we've been in a channel since July. We tried to break out Friday, and fell back down Monday. We tried several times today and didn't make it. It seems to me that the bulls have given up and gone home.

We're pausing for a bit right now because we ran WAY outside the bottom of the 5 and 10 minute bands.
"We were standing on the edges
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What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
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Re: Stock Markets Current News part II

Unread postby Armageddon » Thu 04 Dec 2008, 15:32:03

Armageddon wrote:Image



Hop on, were going for a ride. Git-e-up !!
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Re: Stock Markets Current News part II

Unread postby smallpoxgirl » Thu 04 Dec 2008, 15:35:50

Armageddon wrote:Hop on, were going for a ride. Git-e-up !!


Actually, I think it's biofuel's avatar that will be giving the rides today.

-315 now
"We were standing on the edges
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
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Re: Stock Markets Current News part II

Unread postby Armageddon » Thu 04 Dec 2008, 15:48:12

smallpoxgirl wrote:
Armageddon wrote:Hop on, were going for a ride. Git-e-up !!
Actually, I think it's biofuel's avatar that will be giving the rides today. -315 now

Image
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Re: Stock Markets Current News part II

Unread postby Zardoz » Thu 04 Dec 2008, 15:49:14

ALBY wrote:[smilie=headbang.gif]

**roots for collapse**

Be careful what you wish for...
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