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Troyboy1208
Intermediate Crude
Joined: Apr 26, 2006
Posts: 513
Location: Orlando FL
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 Posted: Fri Jun 27, 2008 9:04 am Post subject: Re: Stock Market Crash! (merged thread) |
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| Friday is not playing well so far...at 11am stocks are down nearly 70 points. |
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biofuel13
Heavy Crude
Joined: May 07, 2008
Posts: 240
Location: Chaska, MN
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| Posted: Fri Jun 27, 2008 9:04 am Post subject: Re: Stock Market Crash! (merged thread) |
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Down 70pts to 11,387 here we go again.
I think we'll be down at least another 200 pts by this afternoon....
It's too early in the morning for popcorn!
Make that 90pts down... |
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RonMN
Fission
Joined: Mar 18, 2005
Posts: 2624
Location: Minnesota
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| Posted: Fri Jun 27, 2008 11:46 am Post subject: Re: Stock Market Crash! (merged thread) |
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down 140 points at a quarter to 1...
How much has the dow lost in the last 2 weeks?
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Quis custodiet ipsos custodes. |
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Troyboy1208
Intermediate Crude
Joined: Apr 26, 2006
Posts: 513
Location: Orlando FL
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| Posted: Fri Jun 27, 2008 12:08 pm Post subject: Re: Stock Market Crash! (merged thread) |
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man I wish I owned a bar near Walls street. Its gonna be jam packed tonight  |
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roccman
Peak Oil Prophet
Joined: Apr 27, 2007
Posts: 4353
Location: The Great Sonoran Desert
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| Posted: Fri Jun 27, 2008 12:09 pm Post subject: Re: Stock Market Crash! (merged thread) |
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| Troyboy1208 wrote: | | man I wish I owned a bar near Walls street. Its gonna be jam packed tonight |
Yes - even the the deepest depths of the depression people found enough to get drunk.
They gave their kids away, but oh well.
Got gold?
_________________
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
We are going back to roccland - me |
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eXpat
Intermediate Crude
Joined: Jun 08, 2006
Posts: 971
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| Posted: Fri Jun 27, 2008 12:38 pm Post subject: Re: Stock Market Crash! (merged thread) |
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| biofuel13 wrote: | ...
It's too early in the morning for popcorn!
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You/We better get used to 24 hrs popcorn
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Stocking up on popcorn |
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Ivan_M
Heavy Crude
Joined: Mar 29, 2008
Posts: 172
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| Posted: Fri Jun 27, 2008 12:40 pm Post subject: Re: Stock Market Crash! (merged thread) |
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back up to -60 for the day....
time to celebrate? |
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drgoodword
Heavy Crude
Joined: Feb 21, 2006
Posts: 216
Location: Toronto
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| Posted: Tue Jul 08, 2008 7:03 am Post subject: Re: Stock Market Crash! (merged thread) |
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Is today (8 July) the day the Dow goes below 11,000?
Wall Street Set To Open Lower In World Sell-Off
| Quote: | | U.S. stock futures pointed to a lower opening on Tuesday, tracking a global plunge in equity markets as the bank sector tumbled. |
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eXpat
Intermediate Crude
Joined: Jun 08, 2006
Posts: 971
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| Posted: Tue Jul 08, 2008 7:19 am Post subject: Re: Stock Market Crash! (merged thread) |
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It certainly doesn´t looks good so far, World stocks at 21-month low link
| Quote: | LONDON (Reuters) - Fresh credit fears swept global financial markets on Tuesday, pushing world stocks to their lowest levels since October 2006 as concerns intensified that the financial sector would have to raise more capital.
Banks tumbled across the board after a Lehman Brothers report said a pending accounting change could force Fannie Mae and Freddie Mac to raise an $46 billion and $29 billion (14.7 billion pounds) respectively at a difficult time, knocking their shares to near 16-year lows on Monday.
In Britain, shares in troubled mortgage bank Bradford & Bingley fell 20 percent to record lows, below the price of its planned rights issue, due to concerns over its future.
Fresh worries over the financial sector dealt a blow to risky assets, which have been already reeling from fears about rising inflation due to high energy costs and slowing growth. |
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Stocking up on popcorn |
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dorlomin
Light Sweet Crude
Joined: Aug 05, 2007
Posts: 1062
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| Posted: Fri Jul 11, 2008 6:51 am Post subject: Re: Stock Market Crash! (merged thread) |
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Bumping this in anticipation of Fanny and Freddy having a bad day at the office.
I loath whats happening but by Fark if we are going to hell in a hand cart then at least Im going to draw some comfort from schadenfruende and popcorn. |
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killJOY
Fission
Joined: Feb 21, 2005
Posts: 2478
Location: ^NNE^
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| Posted: Fri Jul 11, 2008 6:56 am Post subject: Re: Stock Market Crash! (merged thread) |
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Morbid Outlook.
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"By the time individuals discover that remaining resources will not be adequate for the next generation, the next generation has already been born. " David Price |
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Hogan
Light Sweet Crude
Joined: Oct 25, 2004
Posts: 1331
Location: Stalag 13
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| Posted: Fri Jul 11, 2008 10:17 am Post subject: Re: Stock Market Crash! (merged thread) |
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Dow drops below 11,000 for 1st time in 2 years
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Stocks tumbled Friday as investors focused on troubles at mortgage companies Fannie Mae and Freddie Mac and watched oil prices climb further into record territory. The Dow Jones industrials fell more than 200 points and slid below the 11,000 mark for the first time in two years. |
link
Uh oh.
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Now why didn't I think of that? |
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jbrovont
Intermediate Crude
Joined: Jun 16, 2006
Posts: 675
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| Posted: Fri Jul 11, 2008 1:26 pm Post subject: Re: Stock Market Crash! (merged thread) |
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| I'm watching the market at the moment - it seemed to have a nice rebound going (around -40) and then it just dropped again to -131. Looking at the activity, the first thing that comes to mind is "unstable." |
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Niagara
Heavy Crude
Joined: Aug 17, 2006
Posts: 466
Location: Mt. Hubbert Scenic Lookout
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| Posted: Fri Jul 11, 2008 1:37 pm Post subject: Re: Stock Market Crash! (merged thread) |
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| jbrovont wrote: | | I'm watching the market at the moment - it seemed to have a nice rebound going (around -40) and then it just dropped again to -131. Looking at the activity, the first thing that comes to mind is "unstable." |
aka "Sucker Rallies" |
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Twilight
Expert
Joined: Mar 02, 2007
Posts: 2971
Location: UK
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