Dow Jones Futures way down for Wednesday

TimeTraveller · Coal Joined: Oct 08, 2008 Posts: 5

DJ futures currently down -347 to 9188. US market bloodbath is coming. I hate to say it, but I think this is it. The big one. And it seems nothing and no one can stop it.

futures

Madpaddy · Expert Joined: Jun 25, 2004 Posts: 2130

Irish Stock Market down 8-9% again this morning.

FTSE down 5.8% (after government guarantee).

I think this is it too. State Guarantee of banks has failed. Nothing is left in the arsenal.
_________________
www.askaboutenergy.com

MD · Last edited by MD on Wed Oct 08, 2008 2:31 am; edited 1 time in total

Look at the bright side: PO now becomes a non-issue!

Wait a minute...that's a bright side? Shocked

_________________
"It's still all about energy!"

Waiting for the next bounce - md@peakoil.com

DoomWarrior

TimeTraveller · Coal Joined: Oct 08, 2008 Posts: 5

TimeTraveller · Coal Joined: Oct 08, 2008 Posts: 5

On another note, I think US markets will close prematurely early today. So far (recently), I haven't seen US futures down so low so early. I expect perhaps -800 point drop today.

heroineworshipper

Already planning on a complete collapse of the human race & having to walk across the country with a sack in search of a farm to grow food on. Maybe collect a mouse as a pet & grow some grapes of wrath.
_________________
People first, then things, then dollars.
There will be enslavement, cannibalism, & zombie invasions.

ohanian · Light Sweet Crude Joined: Oct 17, 2004 Posts: 1147

What a dream!!!

Dan1195 · Heavy Crude Joined: Mar 19, 2005 Posts: 277

Might have been a sticksave today with the coordinated 0.5% global interest rate cut just announced. Dow Futures now UP 200. European markets have recovered most of their losses today also.

pedalling_faster · Intermediate Crude Joined: Dec 10, 2005 Posts: 944

jasonraymondson

jasonraymondson

Actually the futures are all up, must have gone up after benny made the announcement.

Pointless though, a 1/2 percent won't do jack crap to fend the collapse off. But I guess some people on wall street figure this might be a good day for profit taking.

Arsenal

That jump didn't last long. Down to +31 for Dow futures.

Linky
_________________
Arsenal

The tragedy of modern war is that the young men die fighting each other - instead of their real enemies back home in the capitals. - Edward Abbey

A man is no less a slave because he is allowed to choose a new master once in a term of years.

Arsenal

Spoke too soon.

-194.00 right now.

Yuck.
_________________
Arsenal

The tragedy of modern war is that the young men die fighting each other - instead of their real enemies back home in the capitals. - Edward Abbey

A man is no less a slave because he is allowed to choose a new master once in a term of years.

jasonraymondson

Whew. that was crazy. The stock market is so volatile