It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

World Markets Plunge - DJIA Futures Down Nearly 500 Points

page: 11
51
<< 8  9  10    12  13  14 >>

log in

join
share:

posted on Jan, 22 2008 @ 12:36 AM
link   
Umm...so what does it mean if the dot coms start going again?

Yahoo Plans to Cut Several Hundred Jobs


Writing on Silicon Valley Insider, former Wall Street analyst Henry Blodget said Yahoo Chief Executive Jerry Yang was still deciding whether to go ahead with the layoffs -- and could pull out of the plan if the stock price rebounded.



edit to add quote

[edit on 22-1-2008 by otherhalf]




posted on Jan, 22 2008 @ 12:44 AM
link   
Yahoo, as a company, stinks. People had high hopes for that Alibaba crap. You can see how that worked out in the chart around november.




They are not doing as well as they should be.

Will dot coms hurt us again? Not nearly like before....



posted on Jan, 22 2008 @ 12:45 AM
link   

Originally posted by Stormdancer777
Someone asked who was buying and selling

www.taxtyranny.ca...

Look up all you can on this guy




"This group of world leaders forms a secret society to bring about an economic collapse," continued Strong, warming to his fantasy. "It's February. They're all at Davos. These aren't terrorists.




They're world leaders. They have positioned themselves in the world's commodities and stock markets. They've engineered, using their access to stock markets and computers and gold supplies, a panic. Then, they prevent the world's stock markets from closing. They jam the gears. They hire mercenaries who hold the leaders at Davos as hostage. The markets can't close..."


The architect of the Kyoto Protocol.

www.foxnews.com...




China is a special place for Strong, a self-declared, life-long socialist. It is the burial place of a woman said to be one of his relatives, the famous pro-communist American journalist Anna Louise Strong, a vociferous supporter of Lenin and Stalin until the mid-‘30s, and a strong booster of Mao Zedong’s China. Maurice Strong’s presence in Beijing, however, raises awkward questions: For one thing, China, while one of the world’s biggest producers of industrial pollution, has been profiting from the trading of carbon emissions credits – thanks to heavily politicized U.N.-backed environmental deals engineered by Strong in the 1990s.


[edit on 023131p://bMonday2008 by Stormdancer777]


That is some seriously scary stuff. Too bad all the NWO types are too busy railing against the US than praising it for the only nation to standup to and go against the Kyoto protocol. Really f'd up world we live in.



posted on Jan, 22 2008 @ 01:06 AM
link   
I didn't see this mentioned yet: Indian markets opened and immediately dropped 11% before being halted:

Indian Markets Halted



posted on Jan, 22 2008 @ 01:11 AM
link   
This page says 9.75 percent before halting.


afp.google.com...





The market was set to reopen for trading at 10:55 am (0525 GMT).



posted on Jan, 22 2008 @ 01:39 AM
link   
reply to post by CyberSEAL
 

what do you mean by "halted" ??
They just closed ??? or were they shut down
intentionally to keep from dropping any lower
until the US market showed it's face?



posted on Jan, 22 2008 @ 01:45 AM
link   
reply to post by SimonSays
 


Yep, pretty much a "safety switch", Simon...Designed to stop the market going into freefall...In situations where a market falls so much so quickly, sometimes computer trading systems run by large market players kick in...Which results in stocks being automatically dumped, thus making the situation worse...

The system is in place to particularly stop automatic trading and to give everyone else a breather...

When the market falls 10%, they close for 60 minutes...And when it drops 15%, then another hour closed...

Not too sure what happens after that...

Peace

[edit on 22-1-2008 by Rilence]



posted on Jan, 22 2008 @ 01:47 AM
link   
well that's how they intend on doing it.
The NWO is making their power play thru the
world financial markets. You get that slave
society when you take away the world's money
system.

Wow!!! I'm impressed. A true world market crash.
I'm impressed indeed. I don't approve of it and
I don't like it none the least, but it's happening
right now. Better take pictures fellows, you're
witnessing history never before made.

The endgame was right on the money !!!!

a star and flag for Alex Jones .... LOL ...



posted on Jan, 22 2008 @ 02:01 AM
link   
First off, thanks for making Jan 21st the most depressing day of the year. I was skeptical about that before reading this thread, but now I believe it.


Now a question about cutting rates. If the fed cuts the rates by any substantial ammount, won't that have just as much chance of inducing more panic than if they just left it alone? I know the market has tanked recently on one of the fed cuts because investors figured that it would be the last cut, so people freaked out.

I am not looking forwart to tomorrow. I know the company I work for has a lot of money in the bank and shouldn't be laying anyone off just yet, but man... this has me worried.



posted on Jan, 22 2008 @ 02:03 AM
link   
Thank God for zero!


A stock can't plummet any lower than zero!



posted on Jan, 22 2008 @ 02:11 AM
link   
reply to post by Karlhungis
 


Good question Karl....

I'm no expert by any means, but I do think any rate cut tomorrow, or next week will only serve to stop the blood flow for a little while...

It seems all world markets and investors now know there is something seriously wrong with the US economy, and this is reflected in the selling we've seen the last week or two...

I'm afraid any cut to interest rates are a band-aid where nylon sutures are needed...

Peace

P.S -- Dow Futures down 650 pts !!!



posted on Jan, 22 2008 @ 02:19 AM
link   
reply to post by Rilence
 


I agree, I just don't think anyone out there genuinely believes that a rate cut by the feds (or a tax rebate for that matter) will stop the ship from sinking. I really feel we are headed for a collapse and Bush is just trying to limp along and bandaid the problem until he is out of office.

I have heard nothing but doom and gloom. I have not heard a single good explanation of how the US could come out of this debacle. Everyone is focused on the current recession, but the only answer for how we are going to come out of it seems to be "we just will, we always do". This really seems to be more of a perfect storm of a crappy economy and from what I keep reading, we are in uncharted waters.

I sure wish there were some sunshine pumpers out there that would at least be trying to convince everyone that there is a genuine solution. I just don't see it though.



posted on Jan, 22 2008 @ 02:49 AM
link   
The ASX dropped more than 7% today. Lost more than 90billion. A lot of freaked out people down under. We're not looking forward to the US market to open.



posted on Jan, 22 2008 @ 02:54 AM
link   
Here is a link to a blog. The guy lost 31k yesterday and almost 40k over 2 days.

highprobability.blogspot.com...



posted on Jan, 22 2008 @ 02:55 AM
link   
reply to post by dingleberry77
 


You bet Dingle, 7%....What a pasting !!! Gonna follow the ASX200 futures on the Sydney Futures Exchange later tonight to get an idea of what might happen tomorrow...

My super has taken a real caning over the last two weeks *sigh* Oh well, at least I have 25 yrs until I retire


Peace



posted on Jan, 22 2008 @ 02:58 AM
link   
reply to post by Rilence
 


I'm too afraid to look at my super. I tried to quickly change some of the options but it was too hard and too late. My folks are very sad this afternoon. They are looking to retire soon. My mum had a tear in her eye. Not good.



posted on Jan, 22 2008 @ 03:03 AM
link   
reply to post by dingleberry77
 


Damn, that sucks about your folks


I'm not much of a believer in mucking around with my investment mix as far as super goes, I've always had it set to pretty much 80% Aus shares and a bit of property and cash...

I'm sure this will correct itself in good time...Probably take 5 yrs or more, but it will happen...

Peace



posted on Jan, 22 2008 @ 03:14 AM
link   
Well the asian markets already lost 8-9%... AGAIN. So it's over 16-20% in 2 DAYS. It less worse than in 1929 where a 40% crash happenned in one day but still this morning it's gonna be UGLY. VERY UGLY.

The market will probably go to 4000-6000 by mid-february. If the government inject billlions into the market it will only push it for another week or month and it will only make it bigger and the US dollar will only plundge deeper. But it's not only the US dollar who falls, it's the ENTIRE WORLD ECONOMY.

The world elite will buy everything valuable like roads, infrastructure, ect... just like in Africa, third world countries. Soup line? You may be in one next year or at christmas...

And this is just the beginning. Recession my *ss, it will be a DEPRESSION like 29, but worst for differents reasons.

WILL PEOPLE REVOLT OR DO THE SHEEP?

[edit on 22-1-2008 by Vitchilo]



posted on Jan, 22 2008 @ 03:35 AM
link   
Man, I am glad I only invest in cars, motorcycles, and plastic models


Yeah, now I see the Asian markets are taking another dive.

I think maybe it's time to diversify into canned food, ammo, and iodine pills



posted on Jan, 22 2008 @ 03:53 AM
link   
I was just thinking. This whole deal globally is probably stemming from the United States. If everyone tries to pull out of the US markets/investments, that would devalue the dollar greatly.

Am I getting this right?

[edit on 22/1/2008 by Nyorai]



new topics

top topics



 
51
<< 8  9  10    12  13  14 >>

log in

join