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Old 10-07-2008, 07:50 PM   #51
ctophil
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Default Re: Dow jones -500 / -4.60% level 9865.00

The Dow is nose diving now at -457.58. Seems like the markets are declining more today towards closing time. It's gonna close more worse than yesterday. With this rate of decreasing each day, the stock market won't be around for much longer.

-Phillip
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Old 10-07-2008, 08:06 PM   #52
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Default Re: Dow jones -500 / -4.60% level 9865.00

Dow closes -502.10 (-5.04%) @ 9,453.40
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Old 10-07-2008, 08:11 PM   #53
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Default The DOW crashed Oct 7 ... -508.39 (-5.11%)

Dow Down. - 500 points . ..

from Oct 3 to Oct 07 the Dow has lost -1035 points. (-9.88%)
http://finance.google.com/finance?cid=983582
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Old 10-07-2008, 08:50 PM   #54
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Default Re: Dow jones -500 / -4.60% level 9865.00

Big announcement? Look to a city (spelling) citi?

Patiently twiddles thumbs waiting on the MSM to catch up
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Old 10-07-2008, 09:01 PM   #55
ctophil
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Default Re: Dow jones -500 / -4.60% level 9865.00

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Originally Posted by Mori View Post
Big announcement? Look to a city (spelling) citi?

Patiently twiddles thumbs waiting on the MSM to catch up
Are you talking about Citigroup? All they doing recently is trying to play tug-of-war with Wells Fargo and snatch Wachovia. What else is new?

-Phillip
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Old 10-07-2008, 09:11 PM   #56
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Default Re: Dow jones -500 / -4.60% level 9865.00

Hi ctophil,

DOW closed down 878.27 ! 8.51%

Citigroup went down 12.98%

Bank of America CP got hammered, down 26.23%

JP MORGAN CHASE CO down 10.64%

By the way, the Citi story with Wells Fargo smells. Citi offered $2 a share. Wells offered $6 dolars a share - a huge difference for what was described as a failed bank. Then Citi wants to fight over the attempted sale. Tere must be more than meets the eye here. Right?

Best regards,

Steve

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Originally Posted by ctophil View Post
Are you talking about Citigroup? All they doing recently is trying to play tug-of-war with Wells Fargo and snatch Wachovia. What else is new?

-Phillip
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Old 10-07-2008, 09:31 PM   #57
Mori
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Default Re: Dow jones -500 / -4.60% level 9865.00

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Originally Posted by ctophil View Post
Are you talking about Citigroup? All they doing recently is trying to play tug-of-war with Wells Fargo and snatch Wachovia. What else is new?

-Phillip

http://ml-implode.com/ailing/lender_...008-10-07.html
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Old 10-08-2008, 12:06 AM   #58
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Default Re: Dow jones -500 / -4.60% level 9865.00

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Originally Posted by Steve_A View Post
Hi ctophil,

DOW closed down 878.27 ! 8.51%

Citigroup went down 12.98%

Bank of America CP got hammered, down 26.23%

JP MORGAN CHASE CO down 10.64%

By the way, the Citi story with Wells Fargo smells. Citi offered $2 a share. Wells offered $6 dolars a share - a huge difference for what was described as a failed bank. Then Citi wants to fight over the attempted sale. Tere must be more than meets the eye here. Right?

Best regards,

Steve
Citi was buying it thinking the Government was just going to take the sunk part of the company... Right after that is when they decided to let banks take bad debt off the books without setting money aside to cover it.

That's when Wells stepped in and offered the higher price without government assistance.
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Old 10-08-2008, 12:23 AM   #59
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Default Re: Dow jones -500 / -4.60% level 9865.00

Nikkei has been open 20 minutes and is already down 350 points...
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Old 10-08-2008, 01:39 AM   #60
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Exclamation Re: Dow jones -500 / -4.60% level 9865.00

Germany takes hot seat as Europe falls into the abyss


We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.

We are fast approaching the point of no return. The only way out of this calamitous descent is “shock and awe” on a global scale, and even that may not be enough.

http://www.telegraph.co.uk/finance/c...the-abyss.html
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Old 10-08-2008, 02:55 AM   #61
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Default Re: Dow jones -500 / -4.60% level 9865.00

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Originally Posted by LOCOAZ2008 View Post
Germany takes hot seat as Europe falls into the abyss


We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.

We are fast approaching the point of no return. The only way out of this calamitous descent is “shock and awe” on a global scale, and even that may not be enough.

http://www.telegraph.co.uk/finance/c...the-abyss.html

I don't know what "extreme danger" you speak of, because we are in the 5th night of the Galactic cycle. Read some literature concerning the Mayan prophecy. Relax. We are on a schedule.
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Old 10-08-2008, 11:31 PM   #62
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Default Midnight tonight, Short Selling begins...

http://www.reuters.com/article/ousiv...497BQZ20081008

Quote:
WASHINGTON/NEW YORK (Reuters) - At midnight on Wednesday, U.S. regulators will restore investors' rights to make bearish bets on financial stocks but few expect it to put an end to wild swings in the market.

For nearly three weeks, investors who bet on falling stock prices have been prohibited from short selling more than 950 companies under an experiment by securities regulators to restore equilibrium to a fragile financial system.
They had the option to extend the ban until the 17th, but decided not to wait...
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Old 10-09-2008, 07:41 PM   #63
LOCOAZ2008
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Exclamation Re: Dow jones -500 / -4.60% level 9865.00

Hi!!!!

Dow jones is going down -413 / -4.47% / level 8844

what do tou think ??? Is this a first sign of colapse???

¡¡¡¡¡ i think, yes it´s !!!!!
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Old 10-09-2008, 07:44 PM   #64
LOCOAZ2008
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Exclamation Re: Dow jones -500 / -4.60% level 9865.00

IN 3 MINUTES -551 / - 5.95% / LEVEL 8706

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Old 10-09-2008, 07:50 PM   #65
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Default Re: Dow jones -500 / -4.60% level 9865.00

Today is just going too fast too keep up with .
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Old 10-09-2008, 07:53 PM   #66
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Exclamation Re: Dow jones -500 / -4.60% level 9865.00

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Originally Posted by ATYT View Post
Today is just going too fast too keep up with .
YES YOU ARE RIGHT.

http://www.telegraph.co.uk/news/worl...ze-out-US.html

Russian president Dmitry Medvedev calls for Europe to freeze out US

The Russian president, Dmitry Medvedev, has called on European leaders to create a new world order that minimises the role of the US.
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Old 10-09-2008, 07:54 PM   #67
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Default Re: Dow jones -500 / -4.60% level 9865.00

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Originally Posted by ATYT View Post
Today is just going too fast too keep up with .
yeah. DOW is down over 600.
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Old 10-09-2008, 08:13 PM   #68
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Default Re: Dow jones -500 / -4.60% level 9865.00

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yeah. DOW is down over 600.
-500 some yo yo big time!
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Old 10-09-2008, 08:13 PM   #69
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Default Re: Dow jones -500 / -4.60% level 9865.00

i guess there will be a really really "BLACK FRIDAY"

its getting serious pretty fast !
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Old 10-09-2008, 08:23 PM   #70
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Default Re: Dow jones -500 / -4.60% level 9865.00

Get ready for the Mark of the Beast if Martial Law happens, don't take it though..get your supplies ready and groups built up.
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Old 10-09-2008, 08:26 PM   #71
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Default Re: Dow jones -500 / -4.60% level 9865.00

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Originally Posted by euphor|a View Post
get ready for the mark of the beast if martial law happens, don't take it though..get your supplies ready and groups built up.
do. Seriously


-678.91 (-7.33%)
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Old 10-10-2008, 01:36 PM   #72
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Default Re: Oct6th - Dow jones -500 / -4.60% level 9865.00

DOW today

1,121.44 (-12.11%)
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Old 10-10-2008, 01:46 PM   #73
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Exclamation Re: Oct6th - Dow jones -500 / -4.60% level 9865.00

dow jones -682 / -7.96 / LEVEL 7896 AND GOING DOWN LOOK AT WORLD STOCKS http://money.cnn.com/data/world_markets/index.html

Hong Kong Hang Seng IS N/A Hong Kong HSCC Red Chip IS N/A

Germany DAX -474.78 -9.72%

France CAC -332.59 -9.66%

A Bank Holiday is moving from possible to PROBABLE.

Have you fully protected yourself?

Have you distanced yourself as much as possible away from financial agents holding your assets?

Have you gotten paper certificates for your shares or became a direct registration book entry at the transfer agent?

Have you protected your retirement accounts the same way as your shares above but in the name of the retirement account and the trust holding them?

Have you closed your Money Market fund accounts regardless of what assurances your bankers offer?

Have you withdrawn from your Credit Union?

Have you exited your corporate retirement fund?

Do you have significant gold and related shares investments?

It is getting UGLY out there as each day an attempt to postpone a bank holiday fails. Almost every other day lately financial leaders of the world have announced new plans that were "the final answer" to the super-glued credit market. All these plans have had no effect. The Dow fell like a rock off a cliff.

http://jsmineset.com/
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Old 10-13-2008, 06:09 PM   #74
ctophil
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Default Re: Oct6th - Dow jones -500 / -4.60% level 9865.00

Hi everybody!

Today, the markets are rallying! Woohoo!! Everything will be just ok! Not...I'm tired of this ****. They keep trying to save the old system and making people like us look bad. "Uhh, you're just a doomsayer. The U.S. gov't will save us! It's such a resilient economy!" And then, people blame everything on me for the failure of my business, etc. *sigh* I'm so tired, everyone. We are obviously in a global collapse right now, and all these nations are taking ownership of banks left and right. Socialism across the U.S. and beyond is killing our society. But yet, there are still people who cares not and goes on with their "normal" lives. What am I to do?

-Phillip
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Old 10-13-2008, 06:29 PM   #75
Steve_A
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Default Re: Oct6th - Dow jones -500 / -4.60% level 9865.00

Hi ctophil,

This rise in the DOW and other main bourses is because the goerments hae just injected trillions of dollars to prop up failing banks and banking system, so for the short term there will naturally be a short term rise in the markets, as, in the short term, the banks situation is 'solved'. Everything that was lost over the last couple of weeks could make someone an awful lot of money, over the short period.

I posted in another thread what I thought about the possible repercussions of nationalizing banks: http://www.projectavalon.net/forum/s...ead.php?t=5195

Sorry to hear about your company.

Best regards,

Steve

Quote:
Originally Posted by ctophil View Post
Hi everybody!

Today, the markets are rallying! Woohoo!! Everything will be just ok! Not...I'm tired of this ****. They keep trying to save the old system and making people like us look bad. "Uhh, you're just a doomsayer. The U.S. gov't will save us! It's such a resilient economy!" And then, people blame everything on me for the failure of my business, etc. *sigh* I'm so tired, everyone. We are obviously in a global collapse right now, and all these nations are taking ownership of banks left and right. Socialism across the U.S. and beyond is killing our society. But yet, there are still people who cares not and goes on with their "normal" lives. What am I to do?

-Phillip
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