10 Signs That Wall Street Is About To Go Into Panic Mode

So let's say everything does crash, are you in a better place?

Most people wouldn't even know what to do, so TPTB will come up with another plan and set of rules for the sheep to follow.

If people have victim mentalities, that is all they will ever be.

Originally posted by loam


A part of me just wishes they would get it over with...LET THE PATIENT DIE, already. :@@

perfect life support analogy.

This may sound very insignificant and obsolete but if the 1937 Marijuana Tax Act (amongst other very silly laws that do nothing but waste tax payers dollars) had never been put into place, maybe the Obama's, the Bush's, the Mellon family and all the other greedy bastards that are/have ruined our economy wouldn't have the upper hand. Those are just a few names...the list goes back a hundred years of pure greed and the beginning of the end!

www.druglibrary.org...

www.drugwarrant.com...

I don't see legalization as a means to the end of our current economic situation, however, it sure as hell (oops) would help out if these narrow minded idiots would free up some "cheese" (cash that is) and let people earn a living while helping millions of American Citizens! Seems to be okay however, for the Big Pharms to produce "Marinol", which is nothing more than synthetic THC:

www.ncbi.nlm.nih.gov...

Boy....I gotta tell ya, every time I give a thought to how screwed up the economy is, it really burns a hole inside. So many fixes...yet the Bull$hite!$ seem to outnumber logic and reason every step of the way for a form of "self gain".

Originally posted by wantsome

Originally posted by eldard

Originally posted by boondock-saint
don't want to bring up any bad vibes here
but just an exercise in political semantics:

I wonder if things would have turned out differently
if the South had won the war ????

Seriously? Notice how the poorest states are majority conservative?

I have a different take on the civil war. When Lincoln freed the slaves capitalism was born. Now we're all slaves to the mighty dollar. The rich own everything including you and I. For the lower 50% income people in this country all we do is make other people money doing crappy jobs.

My cousin makes minimum wage $7.50 an hour. After he buys gas pays auto insurance and puts food on the table then he's broke. He spends all of his money just so he can make to work. In the end he just gives it all back. Basically he working for nothing.

Get it straight, nothing what we have now is what I would consider Capitalism (government intervention is all we have at the moment, what we have had for decades)

Originally posted by Realtruth
So let's say everything does crash, are you in a better place?

Most people wouldn't even know what to do, so TPTB will come up with another plan and set of rules for the sheep to follow.

If people have victim mentalities, that is all they will ever be.

Some of us have been prepping for the collapse, as to those who havn't - well, good luck to you (your going to need it)

the hidden 800 pound monkey are the $600 Trillion in derivatives that need to be unwound as debt instruments....

most all the original '10' are actually symptoms... or results of the Casino Derivatives out there ,,,

right now the EUro union is desperately trying to sidestep the Billions bet on the Default of Greece
they have to find a loophole to swap the Greek bonds for new Issued (voluntary swapped) bonds that dont have credit defaults attached to them... IF these money changers can concoct a flanking action which makes the 'derivatives' worthless, then much of the accrued 'Debt' will completely Vanish...
and people and governments might still have a future that the Banksters don't own
and a country that can rely on its natural resources.

nice post St U

I think Iceland did it right
just say NO!

but
add to that all the pension funds..and insurance companies etc
like Manulife/ John Hancock the biggest insurance Co in the US just did
heged with derivitives

well I dumped that puppy fast
when the boss announced his 50,000 dollar a day ceo job decision
good thing too

Those who voted for and support Mr. hussein soetoro obama must be extremely proud of themselves and gratified with the hope and change he made a reality. The destruction of the US economy is right on schedule in accordance with obama's plan for us.

obama's boss, George Soros, is preparing us for the transition to a one-world socialist government!. All this has been well documented at George Soros' recent Destroy America Conference..

Cass Sunstein, under the supervision of George Soros, is completely re-writing the Constitution and is "paving the way to Communism, the destiny of all mankind!"

Originally posted by boondock-saint
me thinks you missed a couple very important indicators.

1) the last 6 weeks, the markets have closed
down for the weekends.

2) 40 Wall Street Bankers have been
indicted for insider trading and more to follow.

3) Nobody can tell who to trust anymore

or did I miss those in your top ten list ??

And just as a heads up:
If Wall Street crashes,
so will the Fed Res AND
the US Dollar.

edit on 6/10/2011 by boondock-saint because: (no reason given)

Perhaps a comment?
Wall Street has bigger ties with foreign markets right now. I'm over seas. The trend I see is not the dollar tracking with the market but the euro. When Wall Street falls, the dollar increases. The converse is also true.

Wall Street isn't tied to the dollar like it once was. the Bush/Obama bailouts enabled foreign markets more than domestic ones.

Which leads m to this point, if Wall Street sinks, it'd hurt foreign markets first. They won't let that happen. There is too much that is interconnected to just allow "America" to fail.

Sadly, in the financial scope, there is no America anymore.

Originally posted by caladonea
I have some friends who quite often have visions and dreams.....and quite often....they do come true......and they have been having the same vision...that being...that within one year...we are going to have terrible trouble in the stock market.....what are the specific details of this.....that they don't know.....but they strongly feel impending doom....20% of the time my friends are wrong...I hope this is one of them.

I had a vision that airy fairy psychics would stop using ... between every single damn point they make. I have a feeling that one won't come true.

Originally posted by apacheman
Every indicator I watch, and I watch and integrate vastly more than most people do, has been heading south for months now. I had been giving the US perhaps 2-4 years before total collapse, but now the time frame seems to have shrunk to months. Six months to a year perhaps.

The weather changes are the primary drivers in my opinion: too many natural disasterss in too broad an area over too short a time frame. The infrastructure in the US has been neglected, patched, band-aided, but never fixed for three or four decades now, and can't be made up in time to save much.

The financial structures are just as bad, and new diseases are emerging due to climate change: there's been a huge increase in what they've been calling "food poisoning" over the past few months that represents a new unidentified bug, a new mrsa is in Irish cow's milk....the list keeps going on.

The heat wave assailing the east of the country will eventually break the power grid sometime this summer, and with a few million, hot, desperate, hungry, and pissed-off people will most likely result in extreme turmoil on many different levels.

The picture is as bleak as ever I've seen it. Things are spinning down fast, and the pace accelerates daily. This is what happens when sociopaths overload the top ranks of society: they don't, they can't, literally can't care what happens; their brains aren't wired for it, so don't expect any miraculous changes anytime soon, they will continue to play their delusional games til the end.

So what to do?

I offer an open invitation to compatible ATS'ers to form a new tribe in Southern California.

Let's pool resources and buy a piece of land with water and form a self-sufficient community.

My resources:

A huge library of real books: ~1700, covering every imaginable subject area.

A table saw, lots of camping gear, various hand tools, two truckloads of custom-built dirt, seed stock for medical grows, shovels, picks, and other gardening tools, plus the usuall accouterments of modern life.

I have 14 years experience in medical grows and more in general gardening, many and varied skillsets accumulated over an interesting lifetime.

My brother has a huge music library, and the substantial remains of a sports cards business, some extra wheelchairs (he's disabled, post-polio), crutches, etc.

Anyone interested U2U me and we can talk.

edit on 11-6-2011 by apacheman because: sp

Get your facts straight. There's no MRSA coming from Irish milk.

During this study, Holmes team found that the new MRSA strain was resistant to some drugs, like normal MRSA, but it was also impossible to identify using standard molecular tests. These tests work by detecting the presence of the gene which makes the bug resistant to methicillin, called the mecA gene.

When another team of researchers decoded all the genes in the bacteria's DNA, they found that the new strain does have a mecA gene, it is only 60 percent similar to the "normal" MRSA mecA gene, meaning it can't be detected with standard tests.

In further research, scientists then found that the new strain was also present in human samples from Scotland, England and Denmark -- some from screening tests and others from people with MRSA disease. It has also since been identified in Ireland and Germany, they said in their study.

"From a food safety point of view, we are confident that the discovery of this MRSA in milk does not represent any disease risk," Holmes said in a statement about the findings.

uk.news.yahoo.com... 287.html

when people make money from guessing (gambling on the stock market ) and not producing IE: pushing paper , it has to end in a crash.

We as a country are in deep do do when it comes to our banking system. The PTB are raking their money off the top of hugh mass's and we are the ones who are going to have to re-pay. We should have stayed on the Gold Reserve and we would not be in this crap we are in. IMHO

Originally posted by Imhotepsol

Originally posted by caladonea
I have some friends who quite often have visions and dreams.....and quite often....they do come true......and they have been having the same vision...that being...that within one year...we are going to have terrible trouble in the stock market.....what are the specific details of this.....that they don't know.....but they strongly feel impending doom....20% of the time my friends are wrong...I hope this is one of them.

I had a vision that airy fairy psychics would stop using ... between every single damn point they make. I have a feeling that one won't come true.

I do not understand what you are trying to convey....by saying..."...airy fairy psychics..would stop using.." that statement makes no sense to me...however your sarcasm does come across. You are certainly entitled to your opinion....

reply to post by caladonea


Of course you don't....the ether is too strong...my message isn't powerful enough...my sarcasm circuits are caught in someone else's...reality tunnel....

You just look like an uneducated fool when you write like that and people will be far less inclined to take you seriously.

reply to post by loam


Well this is just wonderful, especially considering i literally just started investing last week on Ameritrade :/ Oh well, hopefully a collapse will lead to a less corrupt system that benefits all, not just a select few.

Originally posted by Imhotepsol
reply to post by caladonea

 

Of course you don't....the ether is too strong...my message isn't powerful enough...my sarcasm circuits are caught in someone else's...reality tunnel....

You just look like an uneducated fool when you write like that and people will be far less inclined to take you seriously.

You have made your point....you think I am an uneducated fool.....good job you.....be proud of yourself....you told someone off and now you are so superior.