| View previous topic :: View next topic |
| Stock Market crash? |
| Time to start buying! |
|
4% |
[ 5 ] |
| Time to pull out and sell! |
|
28% |
[ 31 ] |
| I like pie |
|
66% |
[ 71 ] |
|
| Total Votes : 107 |
|
| Author |
Message |
AlterEgo
Tar Sands
Joined: Jun 14, 2008
Posts: 81
Location: With one foot in ascent and the other in descent
|
 Posted: Fri Jun 27, 2008 9:17 am Post subject: Re: Stock Market crash? |
  |
|
| BigTex wrote: | It seems obvious, though, that the stock market crash has already occurred, it's just that the Fed used inflation to conceal it. Over the past ten years, the dollar has lost how much of its value? Maybe 50%? And over the past ten years, the U.S. stock market is basically flat or maybe down a little. Isn't that the same thing as a 50% market crash in a stable dollar environment?...
No propellant = No upward movement. |
'Cept for oil and gold. Which are real things that have to be paid for on global market with 'Merican wastepaper fiat. I agree that we have inflated our way out of a big stock market decline via the Plunge Protection Team in the past 8 years.
The one thing I don't agree with is that Iaato person posting on this thread. She's full of crap.
_________________
Because it's all about the oil. |
|
| Back to top |
|
 |
AlexdeLarge
Intermediate Crude
Joined: May 20, 2008
Posts: 688
Location: I have a whole ward
|
| Posted: Sun Jun 29, 2008 11:16 am Post subject: Re: Stock Market crash? |
|
|
But money can't buy you happiness! LOL
_________________
Viddy well, little brother. Viddy well. |
|
| Back to top |
|
|
MrBill
Expert
Joined: Sep 15, 2005
Posts: 5394
Location: Eurasia
|
| Posted: Tue Jul 01, 2008 3:12 am Post subject: Re: Stock Market crash? |
|
|
"Earnings estimates for the S&P 500 are already falling fast."
| Quote: | Big U.S. multinationals riding high on revenue from overseas operations may find that wave is about to break.
For the past year, the stock market has rewarded those companies that have been able to offset subpar U.S. performance with stellar overseas profits. But recently, that has not been enough to keep investors happy.
Nike's shares tumbled last week after reporting its quarterly earnings when investors focused on its U.S. weakness rather than strong international results by the world's largest shoe and apparel maker.
So why the shift in focus?
The multinational play was based on a combination of strong global growth and a weak U.S. dollar. But now with Europe slowing sharply, a cyclical economic slowdown in emerging markets and inflation rearing its head across the world economy, continued strong global demand is anything but certain.
"Disappointing guidance from U.S. multinationals regarding global earnings could be the next shoe to drop on the U.S. equity markets," Joseph Quinlan, chief market strategist of global wealth and investment management at Bank of America, wrote in a note to clients.
"While there remains an investor bias toward large-cap U.S. equities, this asset class could be in for some difficult times ahead if the global economic slowdown ... gathers pace in the second half of this year," he added.
|
source: Global profit warnings could be next shoe to drop
_________________
The organized state is a wonderful invention whereby everyone can live at someone else's expense. |
|
| Back to top |
|
|
Troyboy1208
Intermediate Crude
Joined: Apr 26, 2006
Posts: 513
Location: Orlando FL
|
| Posted: Tue Jul 01, 2008 10:17 am Post subject: Re: Stock Market crash? |
|
|
| Something spooked the markets...its down over a hundred points at 12:15 pm edt |
|
| Back to top |
|
|
Jotapay
Heavy Crude
Joined: Jun 21, 2008
Posts: 387
|
| Posted: Tue Jul 01, 2008 10:48 am Post subject: Re: Stock Market crash? |
|
|
| Troyboy1208 wrote: | | Something spooked the markets...its down over a hundred points at 12:15 pm edt |
It seemed to coincide with the "Ford sales down 28% in June" news. It's falling off a cliff. It seems like the bulls just gave up. |
|
| Back to top |
|
|
BigTex
Moderator
Joined: Aug 03, 2006
Posts: 4287
Location: Graceland
|
| Posted: Tue Jul 01, 2008 11:07 am Post subject: Re: Stock Market crash? |
|
|
| Troyboy1208 wrote: | | Something spooked the markets...its down over a hundred points at 12:15 pm edt |
When a car runs out of gas and stops moving forward, would you say that the car got "spooked"?
_________________
 |
|
| Back to top |
|
|
Jotapay
Heavy Crude
Joined: Jun 21, 2008
Posts: 387
|
| Posted: Tue Jul 01, 2008 12:24 pm Post subject: Re: Stock Market crash? |
|
|
| It's back up now. The market is overreacting to any news lately. Very volatile and panicky. |
|
| Back to top |
|
|
cube
Fusion
![]()
Joined: Mar 12, 2005
Posts: 3568
|
| Posted: Mon Oct 06, 2008 10:14 am Post subject: Re: Stock Market crash? |
|
|
*bump*
_________________
joeltrout Oct-2008: Dow 13,000 in three years
|
|
| Back to top |
|
|
Eli
Fusion
Joined: Jun 18, 2005
Posts: 3909
Location: In a van down by the river
|
| Posted: Mon Oct 06, 2008 10:35 am Post subject: Re: Stock Market crash? |
|
|
| News coming out about Whacovia bank stand by. |
|
| Back to top |
|
|
Eli
Fusion
Joined: Jun 18, 2005
Posts: 3909
Location: In a van down by the river
|
| Posted: Mon Oct 06, 2008 10:37 am Post subject: Re: Stock Market crash? |
|
|
Whacovia is being sued for 60 billion by C bank.
The banks are eating themselves.
That should accelerate the run on Whacovia nicely. |
|
| Back to top |
|
|
Revi
Fusion
Joined: Apr 25, 2005
Posts: 3250
Location: Maine
|
| Posted: Mon Oct 06, 2008 10:40 am Post subject: Re: Stock Market crash? |
|
|
The stock market ended up at 10% of it's peak in 1929. By 1932 it was around 40, down from almost 400.
Does this mean that our market could drop to 1400? That would be brutal.
_________________
Deep in the mud and slime of things, even there, something sings. |
|
| Back to top |
|
|
cube
Fusion
![]()
Joined: Mar 12, 2005
Posts: 3568
|
| Posted: Mon Oct 06, 2008 11:00 am Post subject: Re: Stock Market crash? |
|
|
| Revi wrote: | The stock market ended up at 10% of it's peak in 1929. By 1932 it was around 40, down from almost 400.
Does this mean that our market could drop to 1400? That would be brutal. |
You mean the Dow? IMHO a drop down to 4,000 should be enough to make people sh!t in their pants.
The big difference between now and then is people back in the days didn't have their 401 K retirement and state pension plan tied to the stock market.
Almost Everybody today has money tied to the stock market either directly or indirectly.
_________________
joeltrout Oct-2008: Dow 13,000 in three years
|
|
| Back to top |
|
|
yesplease
Fission
Joined: Oct 03, 2006
Posts: 2310
|
| Posted: Mon Oct 06, 2008 11:24 am Post subject: Re: Stock Market crash? |
|
|
| pedalling_faster wrote: | this is a different sort of crash.
Dow 12,000 in the year 2002 is not the same as Dow 12,000 in the year 2008, since the US dollar has devalued about 40% in the mean-time, and the Dow index is US-dollar-denominated.
i am holding a devaluating currency. at a US bank, the interest rate i get is less than inflation. (= panicky feeling). so, i'm looking around for alternatives. |
The credit squeeze has driven the dollar up ~10+%, but yes the dow at 12,000 and the dollar at 110+ is definitely not the same thing as the dow at 9500 and the dollar at 80+. All told the market is at ~60% of it's peak, and I figure it and the dollar could fall another 10-20% on average, maybe dip below that in a panic. Someone recently said something interesting about the average P-E ratio.
That being said, while I doubt the market would drop below 7,000-8,000 consistently given that people are aware of it being undervalued, like anything else it's a possibility.
_________________
| Professor Membrane wrote: | | Not now son! I'm making...TOAST! |
|
|
| Back to top |
|
|
EnergyUnlimited
Fusion
Joined: May 15, 2006
Posts: 3117
|
| Posted: Mon Oct 06, 2008 12:18 pm Post subject: Re: Stock Market crash? |
|
|
| cube wrote: |
The big difference between now and then is people back in the days didn't have their 401 K retirement and state pension plan tied to the stock market.
Almost Everybody today has money tied to the stock market either directly or indirectly. |
And that is a severe mistake.
NB.
In EU governments have actually forced some nations to invest into stock market related pensions.
Well, bad luck for these peoples. |
|
| Back to top |
|
|
biofuel13
Heavy Crude
Joined: May 07, 2008
Posts: 240
Location: Chaska, MN
|
| Posted: Mon Oct 06, 2008 1:54 pm Post subject: Re: Stock Market crash? |
|
|
500 pt rally in the last hour and a half? WTF?
What is this rally based on?
_________________
"With man gone will there be hope for gorilla? With gorilla gone will there be hope for man?" --Ishmael by D. Quinn |
|
| Back to top |
|
|
|
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
