Will this be Black Friday? - 10/10/08

Approaching positive territory!!!
-74!

GO GO GO!!!

Originally posted by BlackOps719

Whats this?

-277 and rising? Could we see a rebound?

Now it's -222. A minute before it was minus 150-something. Like you said, the market is just incredibly volatile. I've been following the markets closely for 21 years and I have never seen it this volatile.

Remember the last 1/2 hour yesterday when it dropped from around 400 down to close at minus 678? Today looks like more of the same.

Now -104. 170 point swing in two minutes. This is freaking insane!!!!

'll be the nutter to say it, i say it ends on the + side

I just wish my countries market would rally. TSX down 600 points and out dollar lost ALOT today

[edit on 10/10/0808 by Trayen11]

Lol, its fun hitting the refresh button every 10 mins or so and seeing a 100 point shift in one direction or another.. reminds me of the quote "life is like a box of chocolates.." i think you know the rest =P

Edit to add-

Wow, only down 69 points.. This would be so much funner if I had stocks

lmao- down 131 since my last edit like 30 seconds ago..

[edit on 10-10-2008 by Ketzer22]

[edit on 10-10-2008 by Ketzer22]

reply to post by Trayen11

I'm rather partial to nutters, even though I disagree with you on this one... Hey, if you're right you'll be hailed an economic genius!!

PS I love your avatar!

Holy crap . . . more ups and downs that a teenaged bum on prom night. This is getting hard to follow.

Imagine being on the trading floor trying to sort this out.

It'll be a Glenfiddich night for a few of those folks, I'll bet.

Is it possible that this late rally is from holders of the Lehman CDS auction unloading assets to cover the payouts?

People are spending a LOT of money trying to get this back up. -134 now, fluctuating hard. -113. -128. -80
No wonder gold & silver plummeted in price - everyone sold it off to try and bounce the market up.

This is going to give a false sense of hope.


My prediction is she drops like a rock over the final 30 minutes.


-400 or worse.


Forever the pessemist (sp?)



Edit - -50 Could we see a positive?

[edit on 10/10/08 by BlackOps719]

-29, -25, -62, -44. Holy crap they're really trying hard to close positive. GO GO GO!!

reply to post by JustMike


thanks, i love it to.

Yes everyone listen to the crazy cannuck I sooooo know what im talking about...you heard it here first.........DOW will end on a + and Bush will announce that the markets are saved.......

Now everyone make 100 thread about me just like Blossom Goodchild, cause i am awsome :p


I actually do think we will end on a + side today....everyone wants in thinking the G7 will be saviours over the weekend

Anyone got a convenient and free live ticker link available? One that shows the main Dow numbers (at least) in real time? I'm going nuts running to check the TV in the other room then back to my comp...

Just for info, the German satellite TV network N24 earlier today said it was "Black Friday for the European Markets". This was before Wall St opened for the day...

only down -63 points now and seems like it's a slow climb, but then again we are not in the last 30 mins yet, dont forget yesterday and the last 15 mins.

Originally posted by JustMike
Anyone got a convenient and free live ticker link available? One that shows the main Dow numbers (at least) in real time? I'm going nuts running to check the TV in the other room then back to my comp...

Just for info, the German satellite TV network N24 earlier today said it was "Black Friday for the European Markets". This was before Wall St opened for the day...

I think this is real time....

data.cnbc.com...

-109 .....sinking back down





Here ya go


Yahoo ticker

Yeah i dont see tha market holding up near even, where it is now. It will most likely sell off hard right before the close. The shorts are taking their profits and now, bailing out about to get back in.

Some good traders are making a killing today! these huge rallies and then huge steady drops. its liek surfing. haha

reply to post by JustMike


Google Finance is as good a resource as any, I suppose.

By the way, for those wondering what PPT is:
Plunge Protection Team

++

its a plus!!

++

on the plus side now, not looking to bad.