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post #1 of 6 (permalink) Old 10-24-2008, 06:15 AM Thread Starter
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Bush Market Crash

Futures circuit breakers are very near, DOW down 550 (they are at 548 as I write this) NasDaq down 85 (down 83.75 as I write this) S&P down 60 (at 60 as I write this). This would stop futures trading lower until market open at 0930. This could be the worst sign yet of an economic debacle. Grim signs out of Asia and Europe adding to the trouble.
Songs will be sung about these times.

When devils will the blackest sins put on, they do suggest, at first with heavenly shows - Othello
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post #2 of 6 (permalink) Old 10-24-2008, 06:29 AM
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Originally Posted by cozette View Post
Futures circuit breakers are very near, DOW down 550 (they are at 548 as I write this) NasDaq down 85 (down 83.75 as I write this) S&P down 60 (at 60 as I write this). This would stop futures trading lower until market open at 0930. This could be the worst sign yet of an economic debacle. Grim signs out of Asia and Europe adding to the trouble.
Songs will be sung about these times.
Read and weep;

Stock futures frozen after steep plunge - Yahoo! News

ERIC.

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post #3 of 6 (permalink) Old 10-24-2008, 07:14 AM
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Market woes......

EVERYBODY.....YOU HAVE TO KNOCK THIS S**T OFF!!!!!! Now is the time to buy!!!!! Everything is on sale. I jumped in with both feet late last week. In time I will do quite well. I do understand the angst and I have to say my job is secure. Better times are coming!!!!!!!
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post #4 of 6 (permalink) Old 10-24-2008, 07:19 AM
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Originally Posted by CRM114 View Post
EVERYBODY.....YOU HAVE TO KNOCK THIS S**T OFF!!!!!! Now is the time to buy!!!!! Everything is on sale. I jumped in with both feet late last week. In time I will do quite well. I do understand the angst and I have to say my job is secure. Better times are coming!!!!!!!
Listen to what you're saying and ask yourself does your situation apply to everyone? Granted it's a great time to buy but that's not true for most people that have their jobs on the line, so there is no shit to kick but the one you are trying to force down their throats. Do you really understand the angst?
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post #5 of 6 (permalink) Old 10-24-2008, 07:20 AM
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Originally Posted by CRM114 View Post
EVERYBODY.....YOU HAVE TO KNOCK THIS S**T OFF!!!!!! Now is the time to buy!!!!! Everything is on sale. I jumped in with both feet late last week. In time I will do quite well. I do understand the angst and I have to say my job is secure. Better times are coming!!!!!!!
There is an element of truth in what you say and there is also a lot of risk. But if you work in the stock market, then you are used to taking risks. I dont work in the stock market and I will always limit my risk.

ERIC.

___________________________________________
"I am enclosing two tickets to the first night of my new play; bring a friend, if you have one."
- George Bernard Shaw to Winston Churchill.

"Cannot possibly attend first night, will attend second ... if there is one."
- Winston Churchill, in response.
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post #6 of 6 (permalink) Old 10-24-2008, 08:55 AM
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Not satisfied yet:

Stocks, oil, gold tank on growing recession fears: Financial News - Yahoo! Finance

ERIC.

___________________________________________
"I am enclosing two tickets to the first night of my new play; bring a friend, if you have one."
- George Bernard Shaw to Winston Churchill.

"Cannot possibly attend first night, will attend second ... if there is one."
- Winston Churchill, in response.
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