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Here we go again...........DOW opens down sharply.....
MSN Money ^
| 08-08-2011
| Staff
Posted on 08/08/2011 6:56:33 AM PDT by Red Badger
Edited on 08/08/2011 4:28:42 PM PDT by Admin Moderator.
[history]
(Excerpt) Read more at moneycentral.msn.com ...
TOPICS: Business/Economy
KEYWORDS: bhodjia; dow; downgrade
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THE RIDE WILL BE WILD TODAY.................
To: Red Badger
Plunge Protection Team, start your buying machines!
2
posted on
08/08/2011 6:57:31 AM PDT
by
E. Pluribus Unum
(Palin is coming, and the Tea Party is coming with her.)
To: Red Badger
Nah, I doubt it will top -5%.
3
posted on
08/08/2011 6:58:26 AM PDT
by
Palter
(Celebrate diversity .22, .223, .25, 9mm, .32 .357, 10mm, .44, .45, .500)
To: E. Pluribus Unum
I thought the PPT just turned off the computers..................
4
posted on
08/08/2011 6:59:06 AM PDT
by
Red Badger
("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
To: Red Badger
”It’s easy to grin - when your ship comes in - and you’ve got the stock market beat.
But the man worthwhile - is the man who can smile - when his shorts are too tight in the seat”
5
posted on
08/08/2011 6:59:24 AM PDT
by
Perdogg
(0bama got 0sama?? Really, was 0sama on the golf course?)
To: E. Pluribus Unum
I think they did. At open I saw it drop to -230 or so in the first minute. Now it’s -150 and climbing.
To: Red Badger; E. Pluribus Unum
I know what to do. I'll have a fund raiser!
7
posted on
08/08/2011 7:00:17 AM PDT
by
Baynative
(If the government was in charge of the desert , we'd soon have a shortage of sand.)
To: Red Badger
THE RIDE WILL BE WILD TODAY
Yep. Pretty bad when you link to
Marketwatch and the lead article says "Get Ready to Tumble".
8
posted on
08/08/2011 7:01:16 AM PDT
by
Girlene
To: Red Badger
9
posted on
08/08/2011 7:01:23 AM PDT
by
OB1kNOb
(Obama will heretofore be known in history as the downgraded President.)
To: Red Badger
The Dow will be in the neighborhood of 8,000 by the next election. Not statically there, but been there at some time. Unless they actually fix the deficit spending, and address the mounting debt, the US and world economy cannot recover.
10
posted on
08/08/2011 7:01:43 AM PDT
by
runninglips
(Republicans = 99 lb weaklings of politics.)
To: Red Badger
ZeroAA and the Democrats OWN this failing economy...
11
posted on
08/08/2011 7:03:07 AM PDT
by
who knows what evil?
(G-d saved more animals than people on the ark...www.siameserescue.org.)
To: Girlene
It will drop until 10:am Eastern. Then there will be an uptick as the short sellers lock in their profits. If it sticks we will see the day down only 100 or so. If the uptick immediately heads south again put on your hard hats and watch for falling brokers.
12
posted on
08/08/2011 7:04:09 AM PDT
by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: who knows what evil?
It’s the Barack Obama Downgrage.
13
posted on
08/08/2011 7:05:16 AM PDT
by
Lazamataz
(America. Great idea. Couldn't last.)
To: Lazamataz
14
posted on
08/08/2011 7:07:06 AM PDT
by
EGPWS
(Trust in God, question everyone else)
To: Red Badger
I would buy at some point....this downgrade has been already priced to some extent.
The most cash laden companies...solid ones...they are just waiting out till next November
I used to invest in the markets...day trading.
Buy rumour, sell fact.
Selling now probably makes less sense...although if you dumped NASD in April 2000 at first rumblings you saved 1000s of NASD points of downful
But panic selling is usually just that.
Only stock I own now is private. Markets are too risky for what cash I have left.
15
posted on
08/08/2011 7:08:09 AM PDT
by
wardaddy
To: Palter
5% would be down 600 pts. That would be huge, curious, how old are you?
16
posted on
08/08/2011 7:08:36 AM PDT
by
jpsb
To: runninglips
S and P has a charm offensive out.
However it seems to be failing big time as their credibility is flagging. It is crystal clear their downgrade was a political not ecconomic decision. they keep citing the need for tax increases.
For the big boys who depend on the SandP to push paper it is clear they want a big government tarp2.
17
posted on
08/08/2011 7:08:56 AM PDT
by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: Red Badger
Mission Accomplished SOBama.
18
posted on
08/08/2011 7:10:49 AM PDT
by
crosshairs
(If Sharia Law becomes the law of the land, heads are gonna roll.)
To: jpsb
Serious? That wouldn't even kick in the Dow Circuit Breakers. Let me know when we go back to 08' when we had -10% plus a couple of times.
People have short memories.
19
posted on
08/08/2011 7:12:49 AM PDT
by
Palter
(Celebrate diversity .22, .223, .25, 9mm, .32 .357, 10mm, .44, .45, .500)
To: Red Badger
20
posted on
08/08/2011 7:13:01 AM PDT
by
blam
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