2011 Global Stock Market Collapse Watch

Anyone have any guesses on what the last half hour before close will bring?

Sharp rise

more selling off

or stay about the same as it is now?

reply to post by majesticgent


I just helped a guy who fainted on the street and it turns out he's going to be ok.

beyond that, nothing good out there

Major sell-offs in the Asian market predicted. Insiders say tomorrow will be worse, and we could see some serious finacial news coming in the late evening.


I tell ta folks, this could just about do us in. We need some real leaders, some real ideas, and a whole new Senate, Congress, President, hell we need a whole new everything in Washington.

Originally posted by Crakeur
reply to post by majesticgent

 

I just helped a guy who fainted on the street and it turns out he's going to be ok.

beyond that, nothing good out there

Did he faint from the heat or the market?

reply to post by MegaMind


I was just talking to my brother in law, who works at Morgan Stanley. He said that the mutual funds are going to be looking at the day's acitivity and the potential for a very big drop in the last half hour is still out there. As they see what their customers are ordering (buys and sells), if the sells are big, they will be dumping stocks to raise the cash needed for the sales. He didn't say if it was looking like it would, or would not, happen but it's something that can happen.

reply to post by MegaMind


he's fasting and it's about 95 degrees outside. went down, helped him sit up and then he tried to stand and went down a second time. I ran and bought him ice water (to pour on himself since he won't drink it) and some other guy sat with him to ensure he waited for his wife and the ambulance.

Originally posted by Crakeur
reply to post by MegaMind

 

he's fasting and it's about 95 degrees outside. went down, helped him sit up and then he tried to stand and went down a second time. I ran and bought him ice water (to pour on himself since he won't drink it) and some other guy sat with him to ensure he waited for his wife and the ambulance.

Once I fasted on water only for a week ... stand up too fast and you'll go back down.

Is that an analogy/metaphor for the market??

I think there will be massive sell offs, but then that might mean a small rally. I can't see why there would be a rally though, so I'm going to say moderate sell offs.

Theres not going to be a rally. Its going to get worse.

Here is a look at the Asian futures as of 3:13pm EST

Asia-Pacific
INDEX VALUE CHANGE OPEN HIGH LOW TIME

NIKKEI 225 8,910.00 -210.00 9,240.00 9,250.00 8,910.00 14:00

HANG SENG 20,390.00 -351.00 20,220.00 20,514.00 19,967.00 04:15

SPI 200 3,836.00 -117.00 3,981.00 4,009.00 3,801.00 14:51

Source: www.bloomberg.com...

Not sure exactly what that means, but it does not look too good to me.

Bit of a rally right now - DOW back under 400. Of course all that good could vanish in the last 30 mins.

reply to post by Mr_skepticc


Well at least the Dow peaked over 11k wonder if it will stay that way though.

Originally posted by Crakeur
reply to post by MegaMind

 

he's fasting and it's about 95 degrees outside. went down, helped him sit up and then he tried to stand and went down a second time. I ran and bought him ice water (to pour on himself since he won't drink it) and some other guy sat with him to ensure he waited for his wife and the ambulance.

What a star!

And this is what will get us out of this situation, helping each other and attitude please all look here there is no concern if every trader saw this video before trading starts, fear cannot be near this type of solution, fear = panic and herd mentality:

Solution To Economic Crisis Found

Kind Regards,

Elf

When you see the price of dog food going down... You know it's on.

Its like a ride in a rollercoaster today, Dow regained 150 points last 20 minuts.

There's about 30 minutes left until the US stock market closes.

At the moment, it looks like the stocks are making a little comeback, although still in the red at more than -3%. These last few minutes will be intense

Looks like the rally might over, it's dropping again.
This next half an hour should be interesting.

reply to post by adifferentbreed

Looks like the rally might over, it's dropping again

Yup, they're beginning to fall again. Dow is back below 11,000 and down over -500 points. Nasdaq and S&P are both down around -5.25%

About 20 minutes left before close

I'm pretty certain its going to close below 11,000, but don't worry, Greenspan says we can't ever default because we can just print more money

www.youtube.com...

Hovering around 600 now......I think the brother in law might be right.
Thoughts on tomorrow?