Posted on 10/07/2014 1:56:07 PM PDT by John W
A sell-off on Wall Street Tuesday extended losses into a second straight session. All the major markets lost more than 1.5% as investors worried about how the slowdown in Europe will play out for earnings. The Dow dropped 272 points.
(Excerpt) Read more at thestreet.com ...
BS. It’s dropping because of Ebola.
But the unemployment rate just dropped to 5.9% right before the elections. The economy is GREAT! The MSM says we’re just stoopid for not seeing how robust Obama’s economy is.
How could this possibly happen?
Hey, which foreign country will the obamamedia blame this time for the falling market?
Everyone thinks the big crash was in 1929.
It was in 1932.
Just a little semi relevant info.
QE will be ending or at least tapering off. The spigot is about tapped out. No more easy OPM.
Thanks DIMS/LIBS...Thanks a lot.
The SOBs have pulled the Agenda 21 depopulation trigger.
ping
Obama,,, Obola,,, This nation is under assault.
Meanwhile idiots in black attire are slashing their way to a new caliphate in the Middle East.. And beyond.
It took Pearl Harbor last time.. 9/11 hasn’t seemed to have had the same effect.
A foreign invader you can’t see but has no problem crossing borders or passing thru airline gates.
Is your temperature rising yet?
Don’t let DHS catch ya on a bad day at the airport.
PS .. Sold gold a long time ago,, wifey still has a major horde left. ;-)
Real! Estate that’s where to invest.. Living below ground especially.. :-)
Wait until the O’Bola death toll reaches 1000.
Fundamentally changing America, one day at a time, and still as time for golf!
The break from the top was in 1929. But you are correct that the most severe part of the collapse in percentage terms was in 1932.
Now the market wants to go down, so that’s what it will do.
When it was going up, it ignored the bad news. Now it is going down, so it hears the bad news loud and clear.
Don’t argue with the market. Wait until the stocks you want to buy are selling for what you are willing to pay, then buy them.
Yep. NPR, in early January of 2014, had a story called, “Obama’s Very Bad, Terrible, No Good Year”. A play on the childrens book title. I said to the radio, “you think 2013 was bad? Wait’ll 2014, and 2015 will be worse, etc. Hence my tag line.
You ain’t seen nothin’ yet, and it is exponentially growing.
Waiting for QE-IV
The "top" was in 1999:
"My fellow Americans, this is our moment. Let us lift our eyes as one nation, and from the mountaintop of this American century, look ahead to the next one, asking God's blessing on our endeavors and on our beloved country." -Bill Clinton, SOTU speech, 19 January 1999
Don't forget to thank republicans, too.
“.. how the slowdown in Europe will play out for earnings.”
Just guessing folks, I’m not an expert like Cramer, but I’d say “not good”.
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