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

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posted on May, 7 2010 @ 01:15 AM
I was in school today running errands and stuff... i come home to find out the market crashed. WOW 600 points? AM I READING THAT RIGHT!?

I predict another 15-20% drop n the dow.... then somehow, out of the blue, 1200 point recovery... (Market manipulation.) Hell even think oil my slip to 55-50$ a barrel.

in 2008, i remember someone here saying that the oil would cap around 50-60$ a barrel before the market balanced out. then the steady increase we saw thereafter.

Well if they are pulling the same strings again, you can expect this to have some kind of similarity we saw back in sept/oct 2008.

this is just my opinion based on the patterns i have seen. this is not market advice, just throwing my idea out there...

[edit on 5/7/2010 by ugie1028]

posted on May, 7 2010 @ 01:41 AM
The Stock market a place for fools to lose money , it is a rigged game and you lose. They let a few win to sucker all the rest in. Just like the 401 K,s you pile it up and just when you go to draw it out they steal the dollars and give you the (change ),just like OBAMA

posted on May, 7 2010 @ 02:04 AM
Remember the last Michael Moore documentary where he exposes that most corporations in America have secret ``life insurance`` that they take on their employees so if they die, the company get a million bucks or so for each? And that they were complaining that the ``death insurance business`` wasn't making enough money?

Well guess what?

I'm reading this article in Harper magazine october 2009, page 42.

The big banks have insurance on soldiers in Germany and in other countries, probably all countries in the Afghanistan and Iraq operations, when they die, they get 2 millions $ per soldier.


THIS IS SO SIIIIIIIIIIIICCCCCCCCCCCKKKKKKKKKKKKK... if anyone want to make a thread about it, go ahead... it just makes me too sick.

EDIT : European markets are all down 2.9% in pre-market.

[edit on 7-5-2010 by Vitchilo]

posted on May, 7 2010 @ 02:14 AM

Are you doing in your pants yet?

posted on May, 7 2010 @ 02:25 AM
Is this a Freudian slip or an intentional statement...

I was listening to a woman talk the talk on CNBC and she was giving this market commentary like ''how did it happen'' and ''does anybody know what happened'' and the whole thing was a fumbling stumbling sort of broken phrases type market commentary. Then she says (as if she meant to use the phrase ''fleshing it out'', you know, figuring it out and filling it in) she says ''uhhhh... uhhhh. I'm just trying.... uh.... trying to.... selling it out.... uh... and trying to figure out how this could happen''.

Dude. This whole episode smells.

posted on May, 7 2010 @ 02:38 AM
Oh yes it smells, it smells intimidation from the big banks against the senate.

And more IN YOUR FACE FU** YOU AMERICA from Obama...

US to announce Mexico trucking plan soon-LaHood

President Barack Obama's adminstration will soon announce its plan to reopen the U.S. border to Mexican trucks and end a dispute that prompted Mexico to slap duties last year on $2.4 billion worth of U.S. goods, a top U.S. official said on Thursday.

"President Obama's team has worked very hard to put a proposal together. We will be announcing it very soon," U.S. Transportation Secretary Ray LaHood told lawmakers.


posted on May, 7 2010 @ 02:49 AM
With this type of speed displayed on the downside, and my timing system I am monitoring which indicates a possible low near the end of June, I was thinking what could be the scenario. How about this...

You know the winter solstice is the entrance, the building, the joining together and the summer solstice is the exit, the destruction, the tearing apart right? So how about the market is going to be engineered down to the cycle low at the summer solstice in order to set up the amazing rebound. I'm talking fast and furious crashola down to the summer solstice. The reason could be the destruction of the European Union. Just like that story in the Bible, the U.S. may have assistance for an ideological victory if God makes the sun stand still. We in America are still the superpower and apparently God's odds on favorite. Even our currency is trusted. Over in Euroland, that whole managed economy labor and resources thing just ain't working so they get their butts handed to them and the whole world races to the U.S. stocks for safety and growth opportunity from this newly engineered low just in time for another long term bull. The breakup, or just the threatened breakup, of the ultra socialist European soviets could spark increased boldness amongst Islamic radicals and then usher in massive U.S. military posturing in November and furious warfare in 2011. How this makes Obama look in the eyes of the U.S. voters.... I don't know... but a massive crash down to new lows could really tick off any supporters he has now, and really give the Democrats a serious whoopin' in the voting booth in November.

posted on May, 7 2010 @ 03:44 AM

Originally posted by Agent_USA_Supporter
How come there is no one news networks reporting of the economic meltdown in serbia, Bosnia regions?

70% to 80% people are been laid off! and no one is talking about it?

In Serbia, banks are now allowing more credit to people! From 40% to 50% of salary

Especially if it's for buying new house (apartment), then it's 60%.

It was all over TV yesterday.

We have a joke, actually it was an advertising, only the last line added:

Go to bank.
Take money.
Leave the bank.
(Take off the mask.)

[edit on 7-5-2010 by DangerDeath]

posted on May, 7 2010 @ 06:34 AM
Meanwhile the Fed quietly slips the noose again.

Plan for Congressional Audits of Fed Dies in Senate

"At a time when our entire financial system almost collapsed, we cannot let the Fed operate in secrecy any longer," Mr. Sanders said. "The American people have a right to know."
Before the last-minute compromise, the Fed's foes appeared to be winning, and got a major boost when Senate Majority Leader Harry Reid (D., Nev.) said he would side with Mr. Sanders.
At least half a dozen Obama administration officials joined the blitz [against Sanders' provision], including Treasury Secretary Timothy Geithner—a former Fed official—and Rahm Emanuel, the White House chief of staff. Administration aides credited Mr. Dodd with pushing back against the original amendment and developing an acceptable alternative.

posted on May, 7 2010 @ 06:47 AM
Dissecting The Crash

Here Is Who Traded What And How Much Yesterday

posted on May, 7 2010 @ 07:21 AM
less than 15 minutes to Non Farm, DOW futures and everything else shows slightly positive, Euro rebounded nicely from yesterday's low... we'll see how it all looks after the number comes out. Expected number is 185,000 I believe...

posted on May, 7 2010 @ 07:32 AM
nonfarm +290K!

positive revisions for earlier months too...

posted on May, 7 2010 @ 07:34 AM
reply to post by worldwatcher

so jobs were created, but the unemployment rate still went up .20 points.

Its not a gain, it was still a loss. I don't think this would be good news.

Market Watch

[edit on 5/7/2010 by ugie1028]

posted on May, 7 2010 @ 07:38 AM
dollar strength, currencies moving..
euro back under 1.27 and yen moving big

posted on May, 7 2010 @ 07:43 AM

ZeroHedge is reporting a +188K Birth/Death Adjustment for the move in todays UE #'s...

290k "added" - 66k census, 188k Birth Death: real payroll number is 36k

...There's yer trouble...talkin' double...

[edit on 5/7/2010 by Hx3_1963]

posted on May, 7 2010 @ 07:46 AM
reply to post by Hx3_1963

well expect lots of happy news to prop up the market... make people feel all warm and fuzzy inside, and then WAM another 600 point hit.

I am not trying to be all doom n gloomy.... but...

i cant help it! after yesterdays drop, and then blatantly obvious market manipulation to cut the loss at less than half... You would expect today to look similar.

posted on May, 7 2010 @ 08:03 AM
Today's Recap so far...

New Zealand 3158.85 -59.08 -1.84% 18:31
Australia 4507.40 -91.20 -1.98% 17:37
Nikkei 225 10364.59 -331.10 -3.10% 15:29
TOPIX 931.74 -24.98 -2.61% 15:00
TSE 2nd Sec 2285.53 -51.60 -2.21% 15:00
JASDAQ 53.99 -1.30 -2.35% 15:11
Korea 1647.50 -37.21 -2.21% 18:03
Taiwan 7567.10 -12.38 -0.16% 13:46
Taiwan OTC 135.79 -0.81 -0.59% 13:46
Shanghai 2688.38 -51.32 -1.87% 15:15
Shanghai A 2818.86 -53.62 -1.87% 15:15
Shanghai B 223.03 -7.40 -3.21% 15:15
Shenzhen A 1116.92 -25.31 -2.22% 15:00
Shenzhen B 565.18 -14.06 -2.43% 15:00
SHSZ 300 2836.79 -60.07 -2.07% 15:01
Shenzhen comp 10146.43 -276.14 -2.65% 15:00
Hong Kong 19920.29 -213.12 -1.06% 16:01
HK CN Ent 11379.56 -69.66 -0.61% 16:01
HK Aff Crp 3710.24 -0.48 -0.01% 16:01
Singapore 2821.11 -18.54 -0.65% 17:10
FTSE ST China 294.78 -3.49 -1.17% 16:40
Vietnam 542.03 -7.48 -1.36% 11:01
Thailand 768.55 -16.70 -2.13% 16:59
Philippines 3142.06 -25.77 -0.81% 12:11
Malaysia 1332.89 1.02 0.08% 17:05
Indonesia 2739.33 -71.28 -2.54% 16:00
India 16769.11 -218.42 -1.29% 16:00
Pakistan 7231.64 -184.78 -2.49% 15:42

Russia 1408.57 -41.90 -2.89% 16:56
London 5238.25 -22.74 -0.43% 13:42
Paris 3503.65 -52.46 -1.48% 14:41
Frankfurt 5863.51 -44.75 -0.76% 14:42
Turkey 54197.04 -1566.53 -2.81% 15:56
Hungary 22589.93 -298.41 -1.30% 14:41
Austria 2357.36 -34.11 -1.43% 14:42
Poland 40437.26 -532.86 -1.30% 14:41
Czech 1152.70 -27.50 -2.33% 14:42
Sweden 970.75 -6.50 -0.67% 14:57
Finland 6395.60 -148.75 -2.27% 15:56
Norway 323.47 -3.26 -1.00% 14:42
Greece 1653.74 -24.68 -1.47% 15:41
Italy 20204.95 67.11 0.33% 14:42
Luxembourg 1391.06 -26.55 -1.87% 14:51
Netherlands 320.78 -5.41 -1.66% 14:41
Iceland 571.48 -22.89 -3.85% 13:18
Denmark 379.56 -7.59 -1.96% 14:57
Switzerland 6351.96 -35.56 -0.56% 14:42
Spain 969.26 3.69 0.38% 14:40
Portugal 2397.52 -52.65 -2.15% 05/06
Ireland 3030.50 -79.65 -2.56% 13:42
Israel 1140.61 7.17 0.63% 05/06
Egypt 649.88 -1.86 -0.28% 05/06
S. Africa 24142.69 -378.07 -1.54% 14:42
Jordan 2502.35 -27.46 -1.08% 05/06
UAE Dubai 1733.85 -1.87 -0.11% 05/06
Abu Dhabi 2791.49 12.64 0.46% 05/06

posted on May, 7 2010 @ 08:07 AM
reply to post by ugie1028

That is because the numbers for the "job creation" has change to "jobs saved" like that the government can play with the numbers and the Census jobs (that are only temporarily) counts as new jobs and those temp jobs that "economic stimulus" created, those that have been holding to their jobs are counted as "saved".

Its very deceiving and wrong.

So people still get confuse why if jobs are created unemployment keeps growing.

posted on May, 7 2010 @ 08:18 AM
reply to post by marg6043

yea. people like to look at those altered positive numbers.

If only people would be able to differentiate a gain from a loss, we wouldn't be here... nope all about profit and manipulation...


posted on May, 7 2010 @ 08:26 AM
More On Yesterday's Plunge

If you had any doubt about what I have been talking about during this entire ramp job off 666 - that the so-called "bull market" was in fact not much more than a handful of institutions buying shares with free Fed money and passing them between one another hoping to distribute them to you - you should be thoroughly disabused of your skepticism after yesterday.

"Revenge of the algorithms" writ large, basically.

We keep talking about how financial innovation has "helped consumers", "helped businesses" and "made markets more efficient."

Let me put this in nice, large letters for you:

That claim is one big fat LIE.

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