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Stocks Tumble at Open

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posted on Oct, 6 2008 @ 10:10 AM
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newsvote.bbc.co.uk...

ftse 100 is down -386 (7.7%) at 4.10pm




posted on Oct, 6 2008 @ 10:13 AM
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Originally posted by sty
reply to post by goldbomb444
 


for a response, we just have to keep our eyes to the "saviour" - who is going to come in the last moment and buy bankrupt companies at a fraction of the real cost? JP Morgan? (just my guess)


We have to be careful though. What if someone with a GOOD heart does this and we run him out of town...then the real perpitrader shows up?

Did anyone just see Canada take a 7% hit in like 5 min?

[edit on 6-10-2008 by goldbomb444]



posted on Oct, 6 2008 @ 10:16 AM
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Originally posted by loam
This is getting ugly.


Market down below 10k....nearly 500+ point drop.

The panic is now nearly complete:

Jim Cramer: Time to get out of the stock market






In what Curry called a “dramatic statement,” Cramer emphatically urged any investor who has money they may need in the next five years tied to stocks to pull their dough out.

“I thought about this all weekend,” Cramer told Curry. “I do not want to say these things on TV.

“Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now.”



For the first time, I now feel today may be THAT day. The "D" day.

God, I hope that's wrong.


[edit on 6-10-2008 by loam]


Well, today will surely be bad, but apparently tomorrow isn't looking any brighter will all these predictions. I know ATS is drenched in this kind of prophecy and prediction stuff, but honestly I haven't seen things this crazy on the Internet in my life. I guess by markets' close today we will have some insight into the validity of these "predictions". I also mentioned in another thread that Aaron Donahue, a remote viewer and spiritual Luciferian (no, he doesn't worship a devil or anything like that). He has predicted since 2007 that our economy would crash like this. It was interesting because he said that when the time came, it would reveal itself as a number who's meaning has very specific relationship with Hebrew, and that number happened to be 777. Here are his own words:

"There shall be a number given unto the [X] of blood and its light shall be understood as salvation by the chosen few. "

"He is the shadow of the one emerging and his sign shall be as a light in the uncertain times of ruin, world despair, and wars. "

-A.C.H., from January 8, 2007

"Perhaps the most astounding aspect of the first prophetic line concerns the onset of a Jewish holiday following a 777 point change (DJIA) of which clearly refers to the Hebrew and the Mystical Cabbala."

"A filling of light is loosely translated in terms of the Hebrew and corresponding numbers as seven hundred and seventy seven exactly."

"The curse refers to a down-fall of the West as per a collective hatred for Iran, its approaching Caliphate, and the apostasy of [X]. This effectively marks in time an absolute end of Christianity on a global scale and the beginning of a youth world spiritual movement toward unity with respect to the brotherhood of man."

"A single world banking system and socialist government approaches as a future born of necessity."

"Socialism as per the required paradigm is today being properly defined within the hearts of millions of progressive and deeply concerned youth throughout the world including the United States. There is great hope in this movement that has already begun and is largely impossible to thwart."

I find it very odd too that he mentions the socialist movement in the United States. I can see this with a lot of the people actually leaning that way these days. Obama.. *cough* Hillary.. *cough* I also find it suspicious that he supports a "New Order" of world government.. but based on spiritual principles. (but I wonder who would decide those principles..) Anyway, I think his writings are very interesting and I thought I'd share this here since I haven't seen any mention of him on ATS. Let me know what you guys think.

Chaos is our future and its child is a New Order for which we must collectively accept or face early human extinction.

Again, acceptance is the key.



posted on Oct, 6 2008 @ 10:17 AM
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Originally posted by infinite
EU is monitoring the situation.


You mean they've just soiled themselves and can't stand back up.


I think that's pretty much the general consensus from most governments around the world at the moment.


Man... and I even heralded the warnings of the bailout in the US. I, like many others, warned that it would destroy financial trust. That the bailout wouldn't prevent a recession, it would crash the markets.

... unfortunately we were right.



posted on Oct, 6 2008 @ 10:22 AM
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reply to post by djcloudy
 


Let me get this straight, I'm not being facetious..

But are you seriously telling me Satan is behind this stock market sell off?



posted on Oct, 6 2008 @ 10:23 AM
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is the ftse100 rallying - now climbing from a low of -393 to -334 in the last 10 mins?

a last rush at stability in the uk racing for the bell?



posted on Oct, 6 2008 @ 10:23 AM
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That we were...sadly.

I still want to know why Egypt went up when no one else did...



posted on Oct, 6 2008 @ 10:24 AM
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Originally posted by goldbomb444
That we were...sadly.

I still want to know why Egypt went up when no one else did...



they sold 10 million tons of sand to irish telling them to dig for there own oil

[edit on 6/10/08 by Harlequin]



posted on Oct, 6 2008 @ 10:27 AM
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After looking at the Shaft the Taxpayer Bill the foreign markets must be scared to death. If they couldn't see it before, now they can. The U.S.economy is being driven with a monkey behind the wheel. They would be crazy to trust our competency. Paulson better get some bodyguards or go into hiding. In fact, given the voter mood, I'd say everyone that voted "yes" ought to watch their back from here on out.



posted on Oct, 6 2008 @ 10:30 AM
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I am so glad my rep and senetor voted no...I would like to think it had something to do with the letters I wrote them.

As for Obama and McCain...uggg I had planned to vote for Obama but since they both voted yes to this bill, it looks like I will be writing in Ron Paul...



posted on Oct, 6 2008 @ 10:31 AM
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Sigh...I hope all the sheeple are happy. I hope the congress is happy. They have single handedly ruined this country and then thieved as much as they could via the bailout before the train wrecks. I am so disgusted right now.



posted on Oct, 6 2008 @ 10:32 AM
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Originally posted by infinite
reply to post by djcloudy
 


Let me get this straight, I'm not being facetious..

But are you seriously telling me Satan is behind this stock market sell off?


LOL!! No not at all man. Luciferians have nothing to do with devils or satan. He does do remote viewing and practices some pretty ancient Incantations of spirits though. He knows that the corporate banking elite are behind this along with their friends. He's a very interesting guy, you should read up on him a bit.



posted on Oct, 6 2008 @ 10:33 AM
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oh blimey. Shares are going up. It seems the end of the world got postponed.



posted on Oct, 6 2008 @ 10:33 AM
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I hate to say it, but today is not the worst.

Remember there are a ton of "sleeping people" here in America that are not following the market or news while at work, but they will probably see the evening news.

When they do they will take to 400-500 drop today, add it to the 777 drop last week and be on the phone with their 401K (or other investment) companies ordering the sells.

Those will hit tomorrow and during the rest of the week.

Volume of trading isn't high enough to show that the average Joe-Sixpack with a 401K is even participating in this mess. Average Joe probably doesn't even know the market is tanking hard today.

When the average trader and average Joe jump in to sell before they lose everything, that's when TSHTF.

Scary to think about, isn't it?



posted on Oct, 6 2008 @ 10:34 AM
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Originally posted by goldbomb444
I am so glad my rep and senetor voted no...I would like to think it had something to do with the letters I wrote them.

As for Obama and McCain...uggg I had planned to vote for Obama but since they both voted yes to this bill, it looks like I will be writing in Ron Paul...


Lucky, both mine (of course McCain too) voted Yes. No big surprise there, but most people don't care. I tell them at work and they get fearful of losing their savings and investments.. but aren't doing anything about it.



posted on Oct, 6 2008 @ 10:38 AM
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Originally posted by mybigunit
Sigh...I hope all the sheeple are happy. I hope the congress is happy. They have single handedly ruined this country and then thieved as much as they could via the bailout before the train wrecks. I am so disgusted right now.


The Sheeple? 80% of the population did not want this bill. The fat cats did, and they are all that matter to the government. I think the Sheeple woke up for a moment when this discusting bill was forced on them.



posted on Oct, 6 2008 @ 10:39 AM
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reply to post by jmlima
 


Don't confuse artificially inflating the markets, with share profitability.

Right now the markets are being kept artificially inflated to forestall panic, but the poster who said that today won't be the worst is probably right on the money. The blue-collar's once they see they are about to lose their grandiose investments (that which would otherwise keep them retired) falling into oblivion, then their going to cut and run.

It'll be volatile for a while, UNTIL, the full economic scope of this great RECESSION kicks in... which if you think about it, the consumer economy is being largely ignored for the investment economy. The consumer economy if by far a greater threat. IMHO


AB1



posted on Oct, 6 2008 @ 10:45 AM
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Originally posted by redhatty
reply to post by adrenochrome
 


If an attack on US soil happened or if martial law was declared, then the world markets would continue to dump US stocks and we would become a 3rd world country in record time.

That won't happen. TPTB won't let it happen.


of course they want it to happen! how else are they going to introduce their North American Union with the new Amero currency?! order out of chaos ("ordo ab chao"), remember??! i don't think there will be a physical attack (i hope i'm right), but surely the economy will collapse, bringing about a "State of Emergency".

does anyone think what i just said holds any water?

[edit on 6-10-2008 by adrenochrome]



posted on Oct, 6 2008 @ 10:45 AM
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Originally posted by alphabetaone
...It'll be volatile for a while, UNTIL, the full economic scope of this great RECESSION kicks in... which if you think about it, the consumer economy is being largely ignored for the investment economy. The consumer economy if by far a greater threat. IMHO
...


No doubts about that. But it hardly means the chaos some people are suggesting.



posted on Oct, 6 2008 @ 10:48 AM
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reply to post by jmlima
 


You're right, not the chaos YET...but sincerely, god help us all if the decline becomes steady for more than a day or 2.

AB1



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