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I opened a thread, in which I novel-type wrote and predicted very hard economical storm, what I seen has arrived now to US soil, now, when Obama-partytime is over. Today there are no excuse to save the day, and save the candidate, and save the knowledge, from real bad situation in economy. So... Get ready for truth...
This has been a long day watching news from center of global economics, witch is now fallen to real Apocalypse, where is no end in sight... And news supported this pig picture. No "boogiemans" witch has fixed the results before yesterday, in elecrtion time, they are gone, and now there is only the real darkness of markets.
Third day after elections is rising in NY and to Wall Street. Yesterday we saw growing storm in US Economics, what I have predicted too. No more "Boogiemans" saving US economy, and presidential candidates from difficult questions, like they show up all these recent weeks in final minutes of the days.
Ok! Here you can see the feelings before, and when we are heading to Day 3. "Not very rosy picture, uh?" I dont know where the positive thinking has come to heads of boys in Dow... But futures are up 100p before the bell!!! Is "Boogieman" back in the house? That mystery man who can save the markets from storm... Someone also yesterday raised this same question, "can you trust to the government reports?"
Where you think they have use the money from bail-outs? i think there you can seek after that "boogieman" behind the destortion of the markets.
- Ok! Here we just saw how the real distortion works. Didnt we just see the news that "Job Report was much worst than expected?" ...Yes we did, and all over the world!
- And look now what has happen... They have change the news, also edited orginal news in Reuters!
First they said... ( Before the bell )
- Losses worse than feared
After two hour they say...
- Investors relieved it was not worse, and it was just "big" decline...
... Someone push some button. Many button, many times... Associated Press and Reuters, aint that those guys called Rothchild and Rockefeller?
Dear Diary, Just came awful feeling. After Bush said there is "good signs"... ( which is just another lie ) I see that same voice is ordered to every newsroom too... Mr Boogieman is back.
So Dow is closed, and Day 3 came to its end... And it went just like FOX and AP promised to us about 12.00pm. How did they know this? Of course +200p wasnt any "sharp rise" like AP told us early on this day, but it gives them, and to the public relief from the truth, what we all have seen all the day 3 in headline news.
Do you believe this? Or do you see what I see, when markets acts without any natural sense... Again about 30 min before closing time it begun... ... ((( Boogieman! )))
After sleeping over night, and when looking what happened yesterday, it was clearly day of unexpected. I give to day "Boogieman" headline, because that is what I saw all day over there... When momentums goes without natural sense, and markets, and MSM is giving signs what can not understand.
I tought that day after elections, ok, now there is no reason for Mr Boogieman to show up in markets anymore, and reality is the one who will drive the market indicators, but, I clearly was wrong. Now I think G-20 meeting, witch is taking place this weekend, was a good reason for everything.
But reality is usually different than we thought, like we seen on Friday. When those terrible news coming everywhere, but Dow was still up, all day. (Fox promised that, and everything went just like AP said it would...) I call those days "Boogiemans" days, because only Boogieman can order those anti-natural numbers to Dow, and drive news headlines to wrong conclusions...
EDIT 1 Breaking News:
Stocks extend losses; indexes drop 3 percent on worries of deepening economic downturn 11:06am EST
EDIT 2 Breaking News:
White House denies President Bush suggested a quid-pro-quo on free trade pacts for stimulus and automaker aid 11:12am EST
Then "Boogiemans" Counter Attack In Day 7 just begins...
( They see that total collapse is near, something, something has to be done, and now! )
Gov't to announce new loan aid effort
When the Breaking News came out about government announcements, about 11.30, I know that 2pm starts the financial counter attack, and it came, and statistics are suddenly much better again... (After been near -300 long time)
((( Boogieman on the business again! )))
Anyway, there has come not single really good news all day, but still stock markets are rising now...
Timing is important here, because recession is here, but also great war of bankers is raging in the world... There is many needs, and think-thanks behind this plan, agenda, what I see... ((( Boogieman ))) And after who I am looking for.
PREDICTIONS:
1. I think that GM will gets its waited huge aid-package in thursday late afternoon, or if US Bankers wants to be really shure from its positive impact on Dow indicators, its putted to place at friday morning this week.
2. Great news from "Rescue of GM" will be given to Obama, no matter how much he have really done for that, but so it will be reported before weekend, to get him better reputation to take care of business matters.
3. Positive Impact to Dow indicators, to numbers, before G-20 Summit is needed to get confidence to US markets in front of this great meeting in Washington. Also all critisism will be covered with these "good" news and coming news from summit proposals. (Agenda)
7th day ends in Wall Street just after government well timed their announcement that there is will to bail out, not only banks, but industrial giants too. Of course thats robbery of Taxmoney, and covered manipulation of daily markets, all the way... What we saw, was huge rising in last hours from great depression at early day. These announcement has straight purpose when manipulating results in Dow.
I think someone will raise up some aid package to GM before end of this day. They have it ready in pocket for total collapse, or to manipulate numbers in end of the week... Without ((( Boogieman ))) this situation can move to free fall crash today.
They still kept information in secrecy about GM aid package... But I have predicted that aid package will come just before the weekend, when they have to get numbers to green level, because of coming G-20... Thats tomorrow afternoon, or friday morning. But thats all speculations without worth... ((( Boogieman ))) ... He didnt save US economy today.
(Reuters) - Sun Microsystems Inc said on Friday it would cut 5,000 to 6,000 jobs. Highlights:
* Aligns business with global economic climate and amplifies growth
(Reuters) - Citigroup Inc is cutting at least 10,000 jobs in its investment bank and other divisions throughout the world, the Wall Street Journal said, citing people familiar with the matter.
WASHINGTON (Reuters) - Free-spending U.S. consumers who bought everything from homes to groceries on borrowed money are running out of credit, and paying the bills will cost the world's biggest economy and its trading partners dearly.
NEW YORK (Reuters) - Freddie Mac, the second-largest provider of funding for U.S. residential mortgages, said on Friday it lost $25.3 billion in the third quarter as it wrote down a tax-related asset that had buoyed its capital and the housing slump took a significant turn for the worse.
BRUSSELS (Reuters) - Belgian-French financial services group Dexia (DEXI.BR: Quote, Profile, Research, Stock Buzz)(DEXI.PA: Quote, Profile, Research, Stock Buzz) agreed the sale of its troubled U.S. bond insurance subsidiary and launched a cost-saving drive after a heavy third-quarter loss.
(Reuters) - A group of companies including Honda, Textron Inc and Home Depot Inc are pressing the Federal Reserve to expand purchases of commercial paper to include them, Bloomberg said, citing two people briefed on the matter.
WASHINGTON (AP) -- Retail sales plunged by the largest amount on record in October as the financial crisis and the slumping economy caused consumers to sharply cut back on their spending. The Commerce Department says retail sales fell by 2.8 percent last month, surpassing the old mark of a 2.65 percent drop in November 2001 in the wake of the terrorist attacks that year.
WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S. economy.
Nov. 14 (Bloomberg) -- Investor Wilbur Ross, who made billions turning around distressed steel and textile companies, said a Chapter 11 filing by General Motors Corp. or another U.S. automaker wouldn't work and might devastate the economy.
SAN FRANCISCO - From Southern California to Maine, the foundering economy, high fuel prices and poor fishing have driven boat owners to abandon perhaps thousands of vessels on the waterfront, where they are beginning to break up and sink, leaking oil and other pollutants.
(RTTNews) - US stock futures were poised to end the week on a relatively downbeat note Friday ahead of this weekend's global economic summit in Washington.
An Obama transition official said the president-elect was looking into "identifying someone in charge of the auto issue who would have the authority to bring about reforms that would lead to an economically viable auto industry."
"The continuing volatility of markets and recent indicators of economic performance confirm that challenges remain," Bernanke said in remarks prepared for a central banking conference in Frankfurt, Germany. "For this reason, policymakers will remain in close contact, monitor developments closely, and stand ready to take additional steps should conditions warrant."
"Don't let the all-star cast at the G-20 gathering fool you. Some good may get done!"
From Monday, travelers from the Czech Republic, Estonia, Hungary, Latvia, Lithuania and Slovakia, as well as South Korea, will be allowed to travel to the United States without a visa provided they fill in a form on the Internet.
NEW YORK (CNNMoney.com) -- The role of the United States as the world's economic leader will be tested this weekend when 20 significant world leaders meet in Washington to address the global financial crisis.