Dow down 227.55 points, page 1
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ATS Members have flagged this thread 3 times


reply posted on 30-10-2009 @ 12:39 PM by DaddyBare
reply to post by mrmonsoon



We have a running thread on the markets here's
www.abovetopsecret.com...
Go to the last page for today's thoughts...

I will admit this latest drop wasn't unexpected... in fact its overdue...the real tell will come at end of day trading... the big boys always make their buy sell orders at the opening bell and the last few minutes...


reply posted on 30-10-2009 @ 12:49 PM by Realtruth
Originally posted by mrmonsoon
Ok, 200 points is not the end of the world.

It "IS" a bad sign to be almost 230 by about 10 am pacific standard time.
Yahoo

Please people, don't try to match this to the october 25, no 26, no, 27, no, 28, no 29, no 30th doom.



mrmonsoon,

It was the doom theory minus, the 4 calender days, all of my sources were off a bit, no it was actually the tilt of the earth vs the gravitational pull and rotation of the sun that threw me off.

I am calling David Wilcock it's his fault, something needs to get blamed.



I think the Saudi Oil issue is the main catalyst on this one.


reply posted on 30-10-2009 @ 01:00 PM by Eurisko2012
reply to post by mrmonsoon



Double Dip is on the way.
Unemployment will jump over 10% soon.
The GDP bump was because of cash for clunkers.



reply posted on 30-10-2009 @ 01:44 PM by wakinup13
reply to post by DaddyBare



the dollar may have an up day here and there but the overwhelming trend is DOWN...don't believe what you read in the MSM...this is just getting going...


reply posted on 30-10-2009 @ 02:06 PM by Zosynspiracy
reply to post by Iago18



Well that's how the market is SUPPOSED TO WORK! It's not a casino. The stock market should be a representation of corporate earnings and growth. It's impossible for a company to have year after year growth. People should be in the stock market for long term, slow steady wealth accumulation. This whole get rich quick everyone wants to be a millionaire, 21 year hedge fund wannabe days of the stock market are what has ruined our economy.



reply posted on 30-10-2009 @ 02:15 PM by Iago18
reply to post by Zosynspiracy



I respectfully disagree.

While I certainly wouldn't argue that some people who were too risky got what they deserved, the major reason for the market to crash was because of government over involvement.

A large reason that the market was going up to begin with was because the government took its hands out of the market during the 1980s. You can see this reflected in any map of the DJIA over the past 30 years.

Why does it shoot up? Was it because of greed? To some extent, sure. However, it also was because of the flourishing of small and mid-size businesses due to limited government.

The responsibility of government is not to be arbiter of profit or markets, it is to be a neutral observer. Government's active participation stymies growth. We will never see the days of pure growth as long as the meddling hand of government chokes off private enterprise.


reply posted on 30-10-2009 @ 02:15 PM by Ignorance Denied
Originally posted by DaddyBare
reply to
post by OpenYourHead



One flaw in your theory


the dollar is up and climbing
Bloomburg


Dont know what planet your livin on mate its -258 and dropping
www.djindexes.com...


reply posted on 30-10-2009 @ 02:15 PM by DaddyBare
Originally posted by wakinup13
reply to
post by DaddyBare



the dollar may have an up day here and there but the overwhelming trend is DOWN...don't believe what you read in the MSM...this is just getting going...


First of all I never go to MSN... second the dollar has been steadily raising for the past week and a half.. why???

When investors lose faith in stocks and Commodities they turn to three safe places to put their money... Options (VIX is up 25%) Bonds... T Bills have seen a small rally this week and last but not least... Currencies... that includes the all mighty dollar... these three signs when combined tell the story of rats leaving a sinking ship.... Now go back to MSN and see if they'll explain it that way to you..


reply posted on 30-10-2009 @ 02:18 PM by DaddyBare
reply to post by Ignorance Denied



Your not looking at a real time chart right now the dollar is up on the Euro and the Pound... it is however down against the Yen


reply posted on 30-10-2009 @ 02:25 PM by wakinup13
Originally posted by DaddyBare
Originally posted by wakinup13
reply to
post by DaddyBare



the dollar may have an up day here and there but the overwhelming trend is DOWN...don't believe what you read in the MSM...this is just getting going...


First of all I never go to MSN... second the dollar has been steadily raising for the past week and a half.. why???

When investors lose faith in stocks and Commodities they turn to three safe places to put their money... Options (VIX is up 25%) Bonds... T Bills have seen a small rally this week and last but not least... Currencies... that includes the all mighty dollar... these three signs when combined tell the story of rats leaving a sinking ship.... Now go back to MSN and see if they'll explain it that way to you..


I don’t necessarily disagree with you but just so I understand… you are bullish on the US$ and believe it is trending higher?
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