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

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posted on Oct, 10 2008 @ 02:48 PM
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Originally posted by anachryon

Originally posted by Mainer
I feels like manipulation. Can't you feel the hands of the PPT trying to force it up?


I shouldn't have let my emotions get the better of me before. You're right, manipulation is exactly the wrong thing to be happening here.


All this manipulation does is breed fear. If the market closed down normally you would say damn, its down. Now any normal investor looks at the lat hour and thinks the market is crazy, insane and without logic. Which makes you more afraid?




posted on Oct, 10 2008 @ 02:49 PM
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A good 10 minutes or so left and we are right around 0 believe it or not.

The swings are killing me.



posted on Oct, 10 2008 @ 02:49 PM
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reply to post by JSR
 


rty here


no one liners



posted on Oct, 10 2008 @ 02:50 PM
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reply to post by Ian McLean
 

If you go to this link to the Live Dow numbers (kindly supplied by another poster a few pages back) then you won't need to refresh. Except for maybe a drink.



posted on Oct, 10 2008 @ 02:51 PM
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This is completely irrational what is happening here. Its all speculation going on at the end here. Stocks are swinging 50 points in a matter of seconds, in both directions. I just looked at the screen two seconds ago, it was +50, I just looked again, its negative 46. now its negative 75. I can't keep up and Im watching it live.



posted on Oct, 10 2008 @ 02:51 PM
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10 mikes and counting


currently at -47 as I type


JSR

posted on Oct, 10 2008 @ 02:51 PM
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thanks guys....i got another one.

and can i say. OMG this is crazy nuts man......



posted on Oct, 10 2008 @ 02:51 PM
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reply to post by Ismail
 


They should just leave it alone and let it correct itself.
The more bailouts, % cuts, $$$$ our Gov throws at this the poorer we will be in the end.
If it crashes, so be it, at least then a true positive will come out of it.



posted on Oct, 10 2008 @ 02:52 PM
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Was looking at the chart and the DOW went +811pts in exactly 40 minutes!!! That is crazy...PPT saved the day...lucky us



posted on Oct, 10 2008 @ 02:52 PM
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Unreal!

I can't believe the manipulation of this whole thing. Who in their right mind would be buying anything, answer not savy people for sure.



posted on Oct, 10 2008 @ 02:53 PM
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Someone in DC must really be wanting this to look good for the G7 team.

What other explanation is there?



posted on Oct, 10 2008 @ 02:54 PM
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reply to post by Realtruth
 


Its plainly obvious that people believe we hit the bottom. That AND they are expecting G7 to act, to futher solidify that the bottom was reached today.



posted on Oct, 10 2008 @ 02:55 PM
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Originally posted by TXPatriot38
10 mikes and counting


currently at -47 as I type

10 mikes? Is that some kind of Trader jargon? Just asking because I'm one. MIke, that is. Not a trader.


PS: Dow at minus 60. No, just a moment... -24.

Anyone smell some extremely large and sleek rats?



posted on Oct, 10 2008 @ 02:55 PM
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Originally posted by Realtruth
Unreal!

I can't believe the manipulation of this whole thing. Who in their right mind would be buying anything, answer not savy people for sure.




Anyone with a "snip" load of disposable money could have made a gamble. Throw a whole lot in, watch it rise then take it out right afterwards. What we are seeing now are the little guys. Somebody(ies) made a hell of a lot of money this past hour with a +800 pts. Then got right back out.



posted on Oct, 10 2008 @ 02:55 PM
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Originally posted by ag2000
Was looking at the chart and the DOW went +811pts in exactly 40 minutes!!! That is crazy...PPT saved the day...lucky us


No, they just drove the last sane investors out of the market on Monday. Nobody can invest if they believe a more powerful entity is poised to manipulate the market for gain. Then it is just a true suckers game.



posted on Oct, 10 2008 @ 02:55 PM
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reply to post by grimreaper797
 


"What a fool believes"

Will the masses awaken or stay asleep?



posted on Oct, 10 2008 @ 02:56 PM
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reply to post by grimreaper797
 



They are in for rude awakening is they thinks this is bottom. I'll guess at say 5000 for the bottom.



posted on Oct, 10 2008 @ 02:57 PM
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reply to post by JustMike
 


mikes=minutes

military not trader jargon



posted on Oct, 10 2008 @ 02:58 PM
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reply to post by 2 cents
 


That is a baseless guess. In reality, it seems like 7500. Some believed 7700. 7900 may have been it though.

I still doubt it and think we will see stocks, over time, down to 7500 before the Bailout plan takes effect.



posted on Oct, 10 2008 @ 02:58 PM
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It this rate we can expect a 200 point swing in final trades tally. Absurd.



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