The "up-to-the-minute Market Data" thread

Look like we had a brief rally there...only down 180's...now back to -213...
Someone most of thought they got a deal, then thought better of it...

Dow Jones Industrial Average 6,850.59 2:48pm ET -212.34 (-3.01%)
S&P 500 INDEX,RTH 710.33 2:49pm ET -24.76 (-3.37%)
S&P 400 MIDCAP INDEX 427.61 2:49pm ET -21.83 (-4.86%)

[edit on 3/2/2009 by Hx3_1963]

In 10 minutes my favorite DJIA hour will be upon us. I am already seeing signs of an upward trend coming on.

It's gonna get worse!

Check out Denninger's writeups on The market Ticker

This is getting just fugly

Holy cheese on a stick! Even Jim Cramer isnt yelling today!? This is definitely not a good sign. He seems rather placid today compared to his normal yelling passionate self.

reply to post by nydsdan
Pretty weak ralley...I don't think it will hold up, but, everything is bass-ackwords these days sooooo...

Originally posted by redhatty
It's gonna get worse!

Check out Denninger's writeups on The market Ticker

This is getting just fugly

I quote part of his statement: "Congratulations Barack; we are now in a full-on economic and market meltdown over the last week and it is getting MUCH WORSE as a direct and proximate cause of your policies."

EXACTLY! When will Obama open his eyes that the Stimulus package hasnt worked. Most of the money isnt even out yet and the market has only gone DOWN since it passed.

Gimme my tin foil. I'm covering my ass with it.

reply to post by Tentickles


Yeah I'm watching right now...He seems worried. I mean really worried.
I can't blame him. There is a force out there that is unstoppable.

They're talking about the Treasury bubble that I've been railing against for MONTHS. I'm so tired of this. It doesn't take an economic genius to see this things coming. It's all either too positive or too negative never realistic. Unfortunately, thanks to fraud and blind optimism, the reality is that this "downturn" will be marked as the worst in history by generations to come, as they will still be paying for it.

Dow Jones Industrial Average 6,828.53 2:51pm ET -234.40 (-3.32%)
Dow Jones Industrial Average 6,822.00 3:00pm ET -240.93 (-3.41%)
Dow Jones Industrial Average 6,808.93 3:01pm ET -254.00 (-3.60%)
Dow Jones Industrial Average 6,803.20 3:04pm ET -259.73 (-3.68%)

S&P 500 INDEX,RTH 708.19 2:57pm ET -26.90 (-3.66%)
S&P 500 INDEX,RTH 706.40 3:01pm ET -28.69 (-3.90%)
S&P 500 INDEX,RTH 705.10 3:02pm ET -29.99 (-4.08%)
S&P 500 INDEX,RTH 704.68 3:04pm ET -30.41 (-4.14%)

S&P 400 MIDCAP INDEX 426.56 2:56pm ET -22.88 (-5.09%)
S&P 400 MIDCAP INDEX 426.43 2:59pm ET -23.01 (-5.12%)
S&P 400 MIDCAP INDEX 424.52 3:02pm ET -24.92 (-5.54%)
S&P 400 MIDCAP INDEX 424.72 3:04pm ET -24.72 (-5.50%)

Here we go????
belts on???

I can't keep up!!!!!!!!!!

[edit on 3/2/2009 by Hx3_1963]

reply to post by projectvxn


It's like watching a soap bubble navigate around in the middle of a Nettle bush!
It's coming so close to those thorns and the sheeple are starting to watch it as well.

When it pops... put your head between your legs and kiss your money goodbye.

"The Market Ticker" is a great read, but this can't be placed solely at Obama's feet. The seeds for this clusterfu*k were planted years ago - starting with Carter and continuing onwards, unabated, until now. I remember talking with my dad (our resident financial guru and lifelong repub..) and he talked about how our IRA's and pension plans were all at risk of collapsing due to bad fiscal policies.

That conversation took place 2 years ago.

Barack and the boneheads he's tapped are far from blameless - but they're not alone in responsibility.


[edit on 2-3-2009 by shrike071]

Dow Jones Industrial Average 6,797.54 3:06pm ET -265.39 (-3.76%)
Dow Jones Industrial Average 6,792.76 3:09pm ET -270.17 (-3.83%)

S&P 500 INDEX,RTH 703.67 3:07pm ET -31.42 (-4.27%)
S&P 500 INDEX,RTH 703.87 3:09pm ET -31.22 (-4.25%)

S&P 400 MIDCAP INDEX 423.95 3:07pm ET -25.49 (-5.67%)
S&P 400 MIDCAP INDEX 424.22 3:09pm ET -25.22 (-5.61%)

[edit on 3/2/2009 by Hx3_1963]

S& P is at 703!!

I just called my mother and told her to buy 45 pounds of rice...

reply to post by Hx3_1963


They aren't going to let the S&P 500 go below 700 unless they are ready for the serious crash ....

reply to post by xoxo stacie
I hope...it's getting real tight...

PPT to the rescue?!?!?!

ok, here's a thought I have and I'm not expert in trading, just the very basics(sell high, buy low). Back in 1995, DOW was at appox 4k.

Can someone plz explain to me how, if the DOW hits 4k in the next 2 week, how is this a bad thing?

I don't know who all on this thread has years of years of xp in analyzing market data, but, looking at back history tends to make one question.

[edit on 2-3-2009 by Komodo]

Originally posted by Komodo
ok, here's a thought I have and I'm not expert in trading, just the very basics(sell high, buy low). Back in 1995, DOW was at appox 4k.

Can someone plz explain to me how, if the DOW hits 4k in the next 2 week, how is this a bad thing?

Bad for people because it will be huge news, driving to sheeple to freak out when they see the headlines of "STOCK MARKET CRASH!!!" in the newspapers.

Even if the sheeple dont understand what a crash really is they will start to panic.

Dow Jones Industrial Average 6,804.63 3:15pm ET -258.30 (-3.66%)
Dow Jones Industrial Average 6,794.52 3:18pm ET -268.41 (-3.80%)
Dow Jones Industrial Average 6,779.62 3:19pm ET -283.31 (-4.01%)

S&P 500 INDEX,RTH 704.79 3:15pm ET -30.30 (-4.12%)
S&P 500 INDEX,RTH 702.72 3:19pm ET -32.37 (-4.40%)

S&P 400 MIDCAP INDEX 424.10 3:15pm ET -25.34 (-5.64%)

Canada
S&P/TSX COMPOSITE INDEX 7,613.92 -509.10 -6.27% 15:07
S&P/TSX EQUITY INDEX 7,940.92 -529.05 -6.25% 15:08
S&P/TSX 60 INDEX 457.34 -32.22 -6.58% 15:08
S&P/TSX VENTURE COMP IDX 831.76 -29.90 -3.47% 15:08

Argentina
ARGENTINA MERVAL INDEX 943.75 -75.54 -7.41% 15:00
ARGENTINA BURCAP INDEX 3,347.33 -284.70 -7.84% 15:00
M.AR MERVAL ARGENTINA IX 660.27 -31.84 -4.60% 15:00
INDICE BOLSA GENERAL 53,252.64 -4,218.48 -7.34% 15:00

[edit on 3/2/2009 by Hx3_1963]

[edit on 3/2/2009 by Hx3_1963]

reply to post by Komodo


A whole lot more companies banks and financial institutions have been created since then. The dow hitting a 4000 level would mean more than half of them went belly up.

NEED MORE COFFEE!!!!!!!!




Dow Jones Industrial Average 6,787.75 3:23pm ET -275.18 (-3.90%)
S&P 500 INDEX,RTH 702.51 3:23pm ET -32.58 (-4.43%)
S&P 400 MIDCAP INDEX 422.62 3:23pm ET -26.82 (-5.97%)

[edit on 3/2/2009 by Hx3_1963]

reply to post by xoxo stacie


Sorry Stacie, have to correct you here. No matter how many companies have been created, the Dow only tracks 30 companies. The Dow going to 5000 or 4000 could happen with JUST GE going to zero.

The S&P 500 is a better economic indicator, it tracks 500 companies.

IF the S&P goes to 500 then we will see a chain reaction of companies going BK, pensions being lost, etc.