thumbs up rilence!

The cut probably won't have any effect. A little too late, I guess.

It doesn't mean it's gonna go into recession.. yet.
Besides, it's just stocks, not inflation or oil. If the dollar has problem, then start panicking.

Ladies and Gents, the free fall has begun!

3.6% down ( 443 ) in 3 minutes

ouch.,.

450 pts in 3 minutes....Wow !!! And not in a good way

Also Europe has dropped considerably since the Fed made its announcement...Because this puts pressure on the ECB and the BOE to follow likewise, and conditions in Europe or England might nor warrant such a move...

Very tricky situation indeed...

Just found something amazing....March futures for the S&P200 top stocks on the Australian stock exchange are actually up over 1.5% !!

Now this surprised the hell out of me, given the US Fed cutting by 75 seemed to do nothing to bolster US markets in the interim...

Hopefully we might see a relatively calm day in Asia, and hopefully Wednesday will be a good clarifying day on US markets...

Unless there are some bogeymen hiding in the shadows we don't yet know about...

All I know is Aussie futures are looking positive for tomorrow, which means I get some super back, so that's as good as it gets...

Woot !!! *waves my pennant*

Just a side note here 8:53 central time 248.55 to the down side
but we would have to drop 2700 points total before we equaled the losses
that were seen in 1987


Respectfully
GEO

Dow has picked up in a major way the last bit...Only 235 pts (2%) down at this point...

Perhaps the Fed bearing gifts may have done the trick after all, for now at least...?

London is back in the black, Paris almost the same...Frankfurt has been the straggler all day, but is only 2% down...

Lets see how this first aid applied by the Fed might hold...

Any predictions thus far folks ?

Originally posted by geocom
Just a side note here 8:53 central time 248.55 to the down side
but we would have to drop 2700 points total before we equaled the losses
that were seen in 1987


Respectfully
GEO

I've seen this mentioned a couple times. Now, I certainly don't know, but what was the percentage drop in '87?

I would think that it would take more than a 2700 plunge today to equal that one based on percentages...again though I don't know.

Well, it looks like we are only down 2% or so right now. I think Rilence is right though, tomorrow will be a good measuring stick to see how this is going to turn out.

Its strange, but all I see going through all these threads is a mass of chicken littles thinking that the world will end tomorrow if you don't make your dollar today. Despite some people's ideas and opinions, not wall street, nor the banks, nor the foreign markets, nor the fed run the economy, nor are they as influential as you think. Them all working together is what moves the economy, and they're never in sync, and the system realizes this. They also aren't going to die in one day or in one week or in one month.

ALL these institutions are in teh long view of things, and all this short term daily stuff is picking up extra pennies where available for them.

So what can you do? not a dang thing. If you have some savings and a stable job, then you're pretty much fine.

get over teh doom and gloom and drama and start thinking for yourselves.

IMHO I think there is way too much manipulation in the market. Just remember to read between the lines. The great depression was a staged event as the current crisis is today. Why is the market dropping? So the big boys can pick up some more assests at a discount. Take a look at the news and look whos buying up our american companies.

I will try and find some sources and post them later.