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DOW & SP futures down big.. Dow nearly down 300
CNBC ^

Posted on 08/07/2011 3:45:50 PM PDT by GreaterSwiss

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To: omega4179

What does “whoa” mean?


21 posted on 08/07/2011 4:13:18 PM PDT by Presbyterian Reporter
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To: Presbyterian Reporter

Buy in a big way.


22 posted on 08/07/2011 4:17:32 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: OpusatFR

‘Tomorrow morning - watch the Plunge Protection Team issue the order to buy with both hands.

Futures won’t be off more than 30 by the morning.’

I said this earlier, there will be a lot of the ‘stimulus’ money flowing into the market to prop it up. Just keep printing money until a loaf of bread is $50.00.


23 posted on 08/07/2011 4:17:55 PM PDT by doc
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To: GreaterSwiss

24 posted on 08/07/2011 4:24:38 PM PDT by quantim (Victory is not relative, it is absolute.)
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To: GreaterSwiss

I hear printing presses whirling online. By Monday there will be crisp new greenbacks to stem the fall.


25 posted on 08/07/2011 4:27:05 PM PDT by swamprebel ((It's, eh... what's his name's, downgrade. B.S.))
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To: Presbyterian Reporter

1700 by Friday?


26 posted on 08/07/2011 4:51:39 PM PDT by omega4179 (Hope for Change)
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To: OpusatFR
Some "unexpectedly good" economic news will be concocted reported to help drive the numbers up as well.
27 posted on 08/07/2011 4:56:15 PM PDT by ScottinVA (As a party that gives Obama what he wants, what again is the GOP`s 2012 selling point?)
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To: OpusatFR

Nah, they’ll let it crash until the auto-brakes hit.
They’ll let it sit, around 2 or 3 they’ll push out some bogus news and take 150 off the fall.

They don’t usually try to correct a 300-point plunge right off. They tweak it by 75-100.

I also suspect they’ve been ordered to lay low.

The more it crashes, the more the 401K holders and brokers will demand QE3...”to save us again.”


28 posted on 08/07/2011 4:58:32 PM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: nascarnation

Yeah...joking..sort of. But if it were me - other than never getting myself in so far over my head in the first place, i’d resign with apologies to everyone. But then I never figured I’m a lightworker, deserving of the Nobel prize for nothing, who could heal the planet and solve everyone’s problems.

Delusions of grandeur have gotten us into one hell of a mess.


29 posted on 08/07/2011 5:27:31 PM PDT by Aria ( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: Ghost of Philip Marlowe

” QE3”

Yeah, that’s what’s behind all this.

I saw earlier today that the ECB needs what 3 or 3.5 trillion to prop up the BRICs, and France is apparently in deep too.

Oh where, oh where are the trillions going to come from to prop up this increasingly wobbly pile of tulip bulbs?

It’s crazy throwing out numbers in the billions and trillions like peanuts. At this time, the numbers have become meaningless - quadrillion might be thrown out there for all the backing that this pile of poop has.


30 posted on 08/07/2011 5:28:29 PM PDT by OpusatFR
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To: omega4179

More likely to see $1700 gold by 8am tomorrow.


31 posted on 08/07/2011 5:30:43 PM PDT by Presbyterian Reporter
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To: OpusatFR
Sat. NY Times editorial page critical of Obomba for not stimulating economy enough!! .

Had not read NYtimes in years, never will again.

32 posted on 08/07/2011 5:57:47 PM PDT by Broker (Who voted for that yellow dog?)
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To: Aria
Obama is an ignorant puppet, oblivious to economic laws and hell-bent to reap payback from his oppressors. He will mock the tormented as American society disintegrates.

The FULL FAITH AND CREDIT OF AMERICA is gone thanks to Obama and the Washington political elites. Nice job idiots.

IN GOD WE TRUST. Put is all with Him and let the devil has his due.

33 posted on 08/07/2011 6:07:12 PM PDT by Broker (Who voted for that yellow dog?)
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