Now is this really actually good or bad.

I mean what can get worse, I dont have a hourly day by day job
just little side jobs here and there to keep it all alive.
will this start the revoultion? throw the PTB out of office.
Im ready for whatever comes

but honestly ive heard this big collapse of 2009 since last year but the months change. Now i cant put that in with the money there throwing at it to put it off.

I dont know

Well, the S&P climbed over 10k yesterday which means that they have, in fact, sucked the suckers back into the market. Time to shear the sheep or as they say on Wall Street, it's time to take profits.

Will it crash the market? Who knows but at some point the ether is going to wear off and the suckers are finally going to figure out that the game's rigged. When they roll into a ball to try and protect what little they have left the only thing left to hold up the market will be the institutional traders and they won't be there long.

Another crash may be the straw that breaks the camel's back. If Wall Street collapses I fear the economy goes with it, I mean after all, we've tied the two together as a way to keep a gun to Americas head- let my bank belly up and I take the economy with me.

A crash this close to Christmas spells retail doom and the death spiral goes into overdrive. Many retailers clawed to hang on and see if a bang up Christmas season would save their bacon in 09. If it goes flop the wave of commercial bankruptcies the first and second quarters of 2010 will dazzle the imagination. Look for unemployment to head towards 30% at the same time the derivatives market (where a lot of the commercial real estate paper is held) explodes. Add another 8-12 million jobs gone that aren't coming back again.

With almost no tax base left to support government borrowing the government comes to a standstill. No gubment cheese so the ghettos ignite and martial law is declared.

Oh my, how to take John Q.'s mind off the fact that he's homeless, his kids are starving and there's no hope in sight...I know, lets have a world war.

God help us.

Well, the S&P climbed over 10k yesterday which means that they have, in fact, sucked the suckers back into the market. Time to shear the sheep or as they say on Wall Street, it's time to take profits.

Will it crash the market? Who knows but at some point the ether is going to wear off and the suckers are finally going to figure out that the game's rigged. When they roll into a ball to try and protect what little they have left the only thing left to hold up the market will be the institutional traders and they won't be there long.

Another crash may be the straw that breaks the camel's back. If Wall Street collapses I fear the economy goes with it, I mean after all, we've tied the two together as a way to keep a gun to Americas head- let my bank belly up and I take the economy with me.

A crash this close to Christmas spells retail doom and the death spiral goes into overdrive. Many retailers clawed to hang on and see if a bang up Christmas season would save their bacon in 09. If it goes flop the wave of commercial bankruptcies the first and second quarters of 2010 will dazzle the imagination. Look for unemployment to head towards 30% at the same time the derivatives market (where a lot of the commercial real estate paper is held) explodes. Add another 8-12 million jobs gone that aren't coming back again.

With almost no tax base left to support government borrowing the government comes to a standstill. No gubment cheese so the ghettos ignite and martial law is declared.

Oh my, how to take John Q.'s mind off the fact that he's homeless, his kids are starving and there's no hope in sight...I know, lets have a world war.

God help us.

Ive pulled my money out of the stock market, but so far its doing great in October. Im sitting here itching to put it back, but will wait until October passes just in case.

Not sure why I bother though considering I actually believe we have about 2 years until most of our civilization gets rebooted. But maybe Im wrong.


[edit on 15-10-2009 by Copernicus]

if you want to park your money and recieve a decent rate 5% to 10%...there are websites that show electric and power companies that are stable because of having a monopoly in that area and the fact that everyone needs gas and electricity. these company stocks don't go up or down much...but there are some that have paid that good of a dividend rate for decades.

[edit on 15-10-2009 by jimmyx]

Well - I am watching this process like a hawk and fairly well informed, considering I exist purely by stealing .. er I mean trading.

The liquidity poured into the financial sector by govt has done nothing, there are few credit worthy customers to lend to - so the banks have speculated on the stock market with that money - raising the markets well above a justifiable level considering earnings potential. The aura of optimism in the market has been spurred by the financial sectors success - this is meaningless to the overall economy - so earnings disappointment in all sectors is just around the corner.

The report on earnings will certainly drive some investment money out of the market, and possibly precipitate a crash - however I think it will be Fed itself which precipitates the crash by increasing interest rates.

An unexpected increase in interest rates from the Fed will hit the current $US carry trade - and those positions are usually stupidly leveraged. Also it will immediately stunt business activity - and dry up even the meager flow of credit that is occurring.

The effect on the stock market of an unexpected move in US interest rates will almost certainly precipitate a stock market crash - of course the Fed will claim that such a result was entirely unexpected, and they will come up with some excuse for doing the unthinkably stupid.

Really - they should threaten to increase interest rates - a bit at some future time - to allow the liquidity to seep out of the market at an orderly pace - their rhetoric indicates their intention is to be sudden and aggressive - so if you are of a nervous disposition and in the market - well, that describes all investors at the moment - they are going to bail out fast.

A major crash in the market is probably going to rally the dollar, and drive gold and silver down - so leveraged precious metals positions should be watchful as well as stock holders.

On the other hand - rumors of banking holidays should give people thought if they intend to withdraw from the market - because dollars instead might be devalued - although that seems unlikely in the next few weeks, it really must occur soon.

If your a trader - then here's my take on it.

Use a 75/25 ratio of short and long positions about now, in stocks and precious metals - try and maintain that ratio but take advantage of volatility but don't get too far off that position - if there is a sudden fall - obviously profit take at every support level. Make sure you keep your long position stop losses up to date.

I wouldnt be backing a rally in the dollar at this stage - it is actually a strong possibility - but the other possibility is there might be a devaluation and bank holiday - and that would be catastrophic - so not worth the risk. Stocks and commodities are far safer.

If you want pure safety - get bullion - physical and unleveraged. It will fall, but it will recover quickly and surpass previous highs in a fairly short time frame.

[edit on 15-10-2009 by Amagnon]

Someone PLEASE answer this one little question:

If the stock market crashes like you people are predicting, then your dollars will be worthless. So what is the difference between keeping your money in the stock market and taking it out? Leave it in. A crash is not likely anyway. I have come to learn the people on this site are irrational. They not only consider every prediction, but actually expect it to come to pass.

Originally posted by Longtimegone
Someone PLEASE answer this one little question:

If the stock market crashes like you people are predicting, then your dollars will be worthless. So what is the difference between keeping your money in the stock market and taking it out? Leave it in. A crash is not likely anyway. I have come to learn the people on this site are irrational. They not only consider every prediction, but actually expect it to come to pass.

Just 2 weeks left until we find out. Perhaps nothing happens. Perhaps it does.

I dont necessarily believe it will happen, Im just taking it into account instead of ignoring it.

CEO of economicclock.com??

Well CEO of Greenbicman.com says otherwise, we both have the same level of credence IMO

Originally posted by GreenBicMan
CEO of economicclock.com??

Well CEO of Greenbicman.com says otherwise, we both have the same level of credence IMO

Didn't know you held a Ph.D in investments