2011 Global Stock Market Collapse Watch

Originally posted by marg6043
reply to post by TribeOfManyColours

 

Yes but you don't depend on US government hand outs, see how soon you spring up and want to start something, you will never see that going on here in the US.

We Americans just bend over and get screw more.

Don't make an mistake, we have allot of Sheep too.

Originally posted by marg6043
reply to post by TribeOfManyColours

 

see how soon you spring up and want to start something, you will never see that going on here in the US.

It will take the wool being pulled over the majority of people's eyes and a mass awakening to see any such action take place in the United States. Not sure what will cause said event to happen, but when it does, hold on to your britches!

reply to post by majesticgent


Do not ever underestimate the American people. Still are as much as ever the "sleeping giant" once referred to as. Something will eventually happen that will awake the people from their slumber and when it happens, watch out. The only moves the politicians can actually get away with ones that can't be seen. When they start to get felt that's when SHTF in the US.

Back to the market, looks like Corporate buybacks are in play.

Originally posted by TheRemedial
reply to post by majesticgent

 

Back to the market, looks like Corporate buybacks are in play.

Indeed it does, but what I'm wondering is how long will it take until the thing comes crashing down. We all know it will come down, but when? They are doing a fine job of milking it for all its worth and prolonging it. What will be the catalyst?

Interesting action in the US market today. It had a technical breakout of sorts but then seems to be falling out of bed. So, there´s some resistance. I still think the market is bearish, that DJIA drop to 10,600 in the recent big swing day probably portents a level under 10K in the near to intermediate term.

However; the present administration is likely to try to pull out all stops in the next year in trying to prolong its existence. They don´t seem to possess much of ammo though and neither does the FED.

Originally posted by majesticgent
Indeed it does, but what I'm wondering is how long will it take until the thing comes crashing down. We all know it will come down, but when? They are doing a fine job of milking it for all its worth and prolonging it. What will be the catalyst?

The catalyst:-

a.) Cataclysmic natural worldwide event, or

b.) When Italy, Spain, Greece, Ireland, and others default and revolt, European banks and ECB runs out of money to loan to corporations supporting their buybacks, the casino styled market will collapse and good riddence.

b is most likely. The rout would have ended by today with a total collapse of the market, but due to the unconscionable dirty trick the banksters and corporations that runs the casino stock exchanges - they banned short selling.

When in good times, they claim free market to move anyway where they gain the most. But when they start to lose, they ban this and that in the name of 'regulation'. Now may mankind wakes up to how skewered the casino stock exchange is that is ALWAYS in favour of the HOUSE. The public has better odds to win in a real casino than the stock exchange..

Best US stays out of it, NEVER to buy european bonds, but instead offer manufacturing investments to the europeans so that they may gain jobs & earnings and rise their GDP.

Banning short selling is a terrible idea, unless the agenda is to send a message to the market that what may not be shorted is overpriced. It simply makes just as much sense to bet on stocks going down as up. Short selling adds volume and liquidity and helps price formation.

Originally posted by galdur
Banning short selling is a terrible idea, unless the agenda is to send a message to the market that what may not be shorted is overpriced. It simply makes just as much sense to bet on stocks going down as up. Short selling adds volume and liquidity and helps price formation.

Under normal circumstances, your theory is relevant and true. BUT today is NOT NORMAL.

Subtracting the technical stockmarket jargon, to put it in plain simple english so that more may understand - whats happening when the bulk of gamblers start to short sell now would be:-

a. Daily profit taking., leading to
b. Hoarding up funds, at home or in safe havens such as PROTECTED US garunteed banks with no interests, NOT into mainstream banks.

It would be akin to a run on the stock market, with the players abandoning ship and the money hoarded up. Once it is hoarded up, there is no money to circulate. Safe havens will be protected, BUT for EU, none of the money is head there for sure, otherwise if without the unconscionable and unfair ban on short selling now, EU banks and stock market would have collapsed by today.

As it is, the casino stock exchange is now only TEMPORARY protected by that ban, and is only propped up by a house of cards. As more money gets hoarded up, the ones to fall will be EU & those heavily indebted and wasteful or corruptly run corporations.

reply to post by SeekerofTruth101


The stock market is a very important forward-looking economic indicator first and foremost. Well, at least that´s the theory. The market is supposed to see 6-9 months ahead but still always seems to be at a top just before dire economic news hit the wires. I mean what freaking sense would make for it to top recently in late April a month before QE2 ended? And why would it have these violent convulsions that we have seen when economic activity is clearly turning down? Not enough selling in recent time to correct the market? Primitive dissemination of market news through bubblevision? The sun always shines on Wall Street, that´s traditional. The market seems a bit dysfunctional but that´s not because of a lack of "normalcy" as such. Normal is subjective. A few years ago being leveraged 20-1 was "normal". Now the FED is leveraged 60-1 and holders of US mortgage debt are leveraged still 20-1. The price of US govt. debt is close to a 60-year high while the price of coffee (the second most traded commodity) is up 15% this month. Don´t believe their inflation numbers. Short financials and bonds.

With headlines now indicating that the SEC has been shredding documents covering Maddoff, Goldman Sachs, BofA, Deutsche Bank, Bear Sterns, Wells Fargo, Citigroup, Lehman bros, et al. With news like this hitting the MSM, one can wonder how the markets will shape out for the remainder of the week. Apparently we thought the SEC was watching the markets, but apparently we let the fox stand guard over the henhouse.

www.abovetopsecret.com...

Its been awhile since I last posted in this thread. The markets seem to have been pretty stable for the past few days somewhat.

Anyways, I checked the markets and they seem to be slipping again.

Asia is close to closing, and they fell, but theres still hope they can come back up.

[atsimg]http://files.abovetopsecret.com/images/member/b07d380042ad.jpg[/atsimg]

Europe has opened pretty bad, but not the worst.

[atsimg]http://files.abovetopsecret.com/images/member/def2b1021c67.jpg[/atsimg]

Both screenshots from marketwatch.com

ETA - I believe gold is going up again to. From what I remember, it fell to around 1760's , 1770's a few days ago, and yesterday it began climbing closer to 1800 and now it's 1797. It seems, atleast lately, whenever gold rises, other stocks fall.

Markets are at free falling now and thanks to the above up OP for the links.

Its been awhile since I last posted in this thread. The markets seem to have been pretty stable for the past few days somewhat.

thats because the markets are manipulated.

This article just came out on marketwatch. It seems "fear" is engulfing the markets world-wide again.

Asia stocks drop on global fears, exporters hit

HONG KONG (MarketWatch) — Asian stocks fell Thursday as worries about the global economic outlook trumped the appeal of inexpensive stock valuations.

From memory, the most recent hit to the global economic outlook was the Eurozone economic data, which showed just a tiny speck of expansion. The "best" economy in the Eurozone, Germany, barley expanded at all. I believe the numbers were about .1% (yes, point one percent) A near complete stall/recession. They were hoping for a much higher number. With the way things are looking, I doubt next months numbers will be any better.

Here's a little interesting article about recent events to.

‘R’ is for recession, not recovery

Commentary: Humpty Dumpty perches on Wall Street

Humpty Dumpty...sounds about right for these times

SEATTLE (MarketWatch) — Call it a cyclical slowdown, a correction, a bear market if you will, but the fact is that the trend of the economy, wages, prices and share values are all pointing south. Until the Fed tries to save the day by announcing a third round of quantitative easing — and possibly not even then — figure it’s 10 minutes ’til sunset for the bulls.

This is no way to run an expansion. It’s not even the way to run a recovery.

If that makes you bummed, and who could blame you, light a candle, say a novena and pray that the Bernank has one more miracle in his back pocket when the Federal Reserve meets for its annual retreat in Wyoming later this month. Couldn’t hurt, right? Anything is worth a shot at this point.

A little more on Europe

Let’s see. Growth in Germany slowed to 0.1% in the second quarter, according to the latest data, industrial activity in the United Kingdom is already contracting, manufacturing in the Netherlands is on life support. And yet Berlin and Paris honchos Angela Merkel and Nicolas Sarkozy concluded a meeting Tuesday afternoon with a handshake and a communique that said, according to the translation, “I think we’re on the right track.”

Right track? Ha. Couldnt have said it better.

Anyways, here's the latest screenshots from Asia and Europe markets.

Asia - Sensex is the last in this picture that's open. Hang Seng fell a bit more from my last post.

[atsimg]http://files.abovetopsecret.com/images/member/a01507599182.jpg[/atsimg]

Europe - Yeah, they're falling

[atsimg]http://files.abovetopsecret.com/images/member/61e941c7d0df.jpg[/atsimg]


ETA - Its been about 15 minutes since I first posted this post, and here's another screenshot of Europes stocks. Falling pretty fast

[atsimg]http://files.abovetopsecret.com/images/member/3f2d2adaf570.jpg[/atsimg]

It may have something to do with this,according to ZeroHedge

Fed Eyes European Banks

Federal and state regulators, signaling their growing worry that Europe's debt crisis could spill into the U.S. banking system, are intensifying their scrutiny of the U.S. arms of Europe's biggest banks, according to people familiar with the matter.

Fearmongering at its best...someone wants QE3,badly

Futures for US stocks are falling a bit now to.

U.S. stock futures slump on growth fears

FRANKFURT (MarketWatch) — U.S. stock futures slumped on Thursday, as fears over global growth prospects and Europe’s ongoing sovereign-debt woes weighed on equity markets around the world.

Dow Futures down -1.71%
S&P Futures down -1.94%
Nasdaq Futures down -2.17%

There's also July's CPI and weekly jobless claims report coming out at 8:30am EST (about 30 minutes)

www.marketwatch.com...

These are some predictions

Economists polled by MarketWatch anticipate a 0.4% monthly rise in prices and a 0.2% gain excluding food and energy. Producer and import price data from earlier this week surprised on the upside. Meanwhile, initial claims in the week ended Aug. 13 may have climbed to 400,000 from 395,000

Also, Sensex (Asia) is about to close down around -2.20%

Here's Europes latest. I believe DAX slipped below -4% just a little bit ago, but is back up from that.

[atsimg]http://files.abovetopsecret.com/images/member/82a5133ddcea.jpg[/atsimg]

Just to reiterate what most have already been saying. When the American markets open in about an hour they'll suffer the same fate.

U.S. stocks were headed for a sell-off Thursday, tracking steep declines in across world markets, after Morgan Stanley cuts its forecast for global economic growth.

Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were down nearly 2% ahead of the opening bell. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.

A gloomy report from Morgan Stanley intensified fears over a slowing global economic recovery. The investment banks slashed its global growth outlook for 2011 and 2012, adding that the United States and Europe are "hovering dangerously close to a recession."

Morgan Stanley cut GDP forecasts to 3.9% in 2011 and 3.8% in 2012, down from 4.2% and 4.5%, respectively. Growth will be particularly sluggish in developed nations, with GDP averaging an increase of 1.5%

money.cnn.com...

Well there efforts to keep it stable did not last long. Looks like QE3 is the US's last hurrah, and Europe is about out of options and is pulling the unification card from its sleeve.

To be real honest with everyone, I'm having a very difficult time trying to figure this whole market out . . . I mean it's up and down more than a sailor's butt on shore leave, without rhyme nor reason too.

Even if I had the dough to invest, I think I'd leave it in the cigar box buried in the yard because my gut says that in the not-too-distant future, the whole mess is going over a cliff.

I woke up today to massive selling. These next few days could be ugly. The S&P broke below it's uptrend.

Originally posted by GoalPoster
To be real honest with everyone, I'm having a very difficult time trying to figure this whole market out . . . I mean it's up and down more than a sailor's butt on shore leave, without rhyme nor reason too.

Even if I had the dough to invest, I think I'd leave it in the cigar box buried in the yard because my gut says that in the not-too-distant future, the whole mess is going over a cliff.

There's an old saying that if someone says they understand the market, they're either lying or delusional. Nobody really understands the market and how it moves, but can speculate on it based on news and chart patterns. Still, there have been days that good news has come out, yet the market has moved lower.

To me, what seems to be going on now is that the market doesn't know where to go. Good reports have come out about company earnings, yet growth is clearly slowing, a report just came out about consumer prices picking up by .5% (inflation) and there are worries in Europe and about another recession.

reply to post by buni11687


WOW! Stocks are really tanking!