The Dow closes today at 11,383.68 with a drop of -512.76 points

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posted on Aug, 4 2011 @ 03:40 PM
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DC releases the annual job reports tomorrow. You already know what that is going to look like. That will cause another nose dive.




posted on Aug, 4 2011 @ 03:41 PM
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what happened to the guy the bet a billion dollars that the market would crash becuase of the debt cieling not passing through, what did he know?



posted on Aug, 4 2011 @ 03:49 PM
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I got my silver and gold.
I got my skills and supplies.
The US govt. is so f%$ked right now,it's a joke.
I feel sorry for all the people who wouldn't listen too me.
This is gonna get worst.



posted on Aug, 4 2011 @ 03:50 PM
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Well with the Bank of New York doing that charge on large cash deposits that have increased dramacatliy over the last couple of days, its easy to see what's going on

Big players are getting there money out the stocks that's what that Graph showed at 15:15... Scary how easy it is for them to do

i back this up with the logic that if this was a true crash we would of seen some stocks go up, like Cigs, beer, medicare the # that keeps people going no matter the state of things

but there wasn't it was across the board so that shows people are selling up ALL there shares in everything. Probably knowing that they wont ever get that high again for a long time....think 1939 to 1960, 20 year gap of # and Hell

Big crash and runs for September



posted on Aug, 4 2011 @ 03:54 PM
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This is exactly why I don’t (speculate) with stocks. This is not investing, it’s called gambling!! I wish I could speak with some of you that have your money/ retirement fund (401k) in stocks. There is a better way to invest your money and while having it secured.

Good luck with your stocks.



posted on Aug, 4 2011 @ 03:54 PM
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en.wikipedia.org...

Someone added today's crash to Wikipedia's list of stock market crashes page as "Barack Obama's 50th Birthday Celebration Crash". Priceless!

As for tomorrow, my gut instinct tells me it will be an "up" day. Self proclaimed bargain hunters and head in the cloud optimists will swoop in and do some buying. Monday is the day that scares me. Black Mondays are all too common in market history.



posted on Aug, 4 2011 @ 03:59 PM
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all markets went down, the "big guys"know something is going down soon so they are getting there cash now, just wait this isnt anything yet.



posted on Aug, 4 2011 @ 04:00 PM
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Makes me think of the rebecca black song friday....black friday? hmmmm lol. well the song certainly sucks, there's one comparison. maybe ill play around with numbers a bit just because im bored. the government likes to do it too apparently lol.



posted on Aug, 4 2011 @ 04:00 PM
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Originally posted by topdog30
This is exactly why I don’t (speculate) with stocks. This is not investing, it’s called gambling!! I wish I could speak with some of you that have your money/ retirement fund (401k) in stocks. There is a better way to invest your money and while having it secured.

Good luck with your stocks.

Its only gambling if you don't know the outcome. I read a market watch report from late April stating our credit rating had just been lowered. The fix was in.
My stepbrother lost over 750k from his 401k in 2008.
edit on 4-8-2011 by Hillbilly123069 because: (no reason given)



posted on Aug, 4 2011 @ 04:00 PM
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reply to post by kdog1982
 


Haha, are they on paper, or in your possession?

If it's not in your possession and it's on paper, I have some bad news.



posted on Aug, 4 2011 @ 04:01 PM
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reply to post by burdman30ott6
 


LOL

Thats about right for it, this is just a correction for the take out and thank you other guy for summing up what i said in a sentence and a word



posted on Aug, 4 2011 @ 04:02 PM
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Ahh the sweet smell of Obamanomics smells like........v-i-c-t-o-r-y.



posted on Aug, 4 2011 @ 04:02 PM
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reply to post by Hillbilly123069
 


I think they're already calling for it from this new article from Yahoo finance. Interesting indeed



posted on Aug, 4 2011 @ 04:03 PM
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Who really cares about this imaginary voodoo bull#, the monetary system is nothing but a contrived game. The ultimate ideal of the capitalist is to become an utter parasite, producing nothing and taking everything. Monetary economics is always controlled by the rulers of the game, and it's a game devised to enforce misery and deprivation on 99% of the population while the remaining 1% enjoys all the benefits of our very high degree of technology and sophistication. As long as so many people continue to waste time discussing this bull# game we will never be free of it.



posted on Aug, 4 2011 @ 04:04 PM
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Anything below 9% would be nice if its 9.4% well.. "It means buckle your seat belt, Dorothy, 'cause Kansas is going bye-bye"



posted on Aug, 4 2011 @ 04:05 PM
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lol like we didn't say this was not coming! The Global Economic Collapse will happen within the next few months and then see WW3 around the corner.



posted on Aug, 4 2011 @ 04:06 PM
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reply to post by StalkingGoogle
 


Because pretty much all countries use Fractional Reserve Banking

want to tear that down over night and im going to go to work the next day for what reason? (btw i work in IT for a Insurance corp)...i aient got a job if that happens

You gonna feed me bro?
edit on 4-8-2011 by TreX-UK because: (no reason given)



posted on Aug, 4 2011 @ 04:09 PM
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Psychological reactions.... The stock markets are as predictable as the artificial value placed on the dollar... Both are easily influenced and manipulated.

"Consider it a buying opportunity"




posted on Aug, 4 2011 @ 04:09 PM
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Originally posted by TheOneElectric
reply to post by kdog1982
 


Haha, are they on paper, or in your possession?

If it's not in your possession and it's on paper, I have some bad news.


It's In my solar flare,comet elenin,nuclear blast proof bunker!

It really is in my possession,since I have been laid off my son and I have become avid coin collectors.
Those with REAL silver and gold.Solid,that is.
But don't come try to take it ,cause I have attack dogs and booby traps.



posted on Aug, 4 2011 @ 04:10 PM
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reply to post by Gwampo
 


dang, I need a ride to walmart to cash my check before its no longer cashable





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