Market volume is way above normal. Indicates a panic plunge...typically followed by high buying volume.
S&P has already surpassed a normal day's volume in the first half hour of trading.
WASHINGTON (AP) — The president's top economic advisers are pledging to work with their counterparts around the world to restore confidence and stability to financial markets.
The President's Working Group on Financial Markets said in a statement Monday it planned to quickly implement the expanded authorities granted to federal regulators by the $700 billion rescue package passed on Friday. The working group was formed after the 1987 stock market crash.
The group, which includes Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, said it planned to move "with substantial force on a number of fronts."
The statement was one of a number of rapid-fire announcements released early Monday before Wall Street stocks began trading.
Dow
Index Value: 9,761.32
Trade Time: 10:44AM ET 10/06/08
Change: Down 564.06 (5.46%)
Prev Close: 10,325.38
Open: 10,322.52
Dow
Index Value: 9,867.01
Trade Time: 10:38AM ET 10/6/08
Change: Down 458.37 (4.44%)
Prev Close: 10,325.38
Open: 10,322.52
The DOW (DJI)...
is down 4.4% or -455.50 points.and is now sitting at 9,869.88. (as of 10:40 AM EDT)
We have now gone below 10,000, and it keeps getting lower!
For as long as I can remember I have never seen it this low. I hope everyone has bought silver and gold.
Sweden Stockholm -7,26% kl 16:15 OMXSPI WOW
must be a record...
/Mike
/Mike
Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg
Do I need to buy gold and
Do I need to buy gold and silver now because you anticipate it being higher?
"Every generation needs a new r3VOLution"- Thomas Jefferson
Watch for a violent bounce
Market volume is way above normal. Indicates a panic plunge...typically followed by high buying volume.
S&P has already surpassed a normal day's volume in the first half hour of trading.
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com/webintro.php?view=wmv
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
"GINO" = Government In Name Only
10:43 ET Bottom is in. Heavy buying coming in. S&P 500
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com/webintro.php?view=wmv
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
"GINO" = Government In Name Only
how much rubber do you think
will be in this dead cat?
Takin' it one trade at a time... so far 100+ points profit S&P
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com/webintro.php?view=wmv
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
"GINO" = Government In Name Only
I will be shocked
If there is not a huge bounce
If voting could really change things,
it would be illegal. Here is hoping for change!
Under 10,000 and free falling
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Stock up, it's gonna be a long winter.
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A great empire, like a great cake, is most easily diminished at the edges. - Ben Franklin
Treasury and Fed pledge rapid response to crisis
http://ap.google.com/article/ALeqM5ivUNym327VFLHYnu3QVFrMPyk...
WASHINGTON (AP) — The president's top economic advisers are pledging to work with their counterparts around the world to restore confidence and stability to financial markets.
The President's Working Group on Financial Markets said in a statement Monday it planned to quickly implement the expanded authorities granted to federal regulators by the $700 billion rescue package passed on Friday. The working group was formed after the 1987 stock market crash.
The group, which includes Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, said it planned to move "with substantial force on a number of fronts."
The statement was one of a number of rapid-fire announcements released early Monday before Wall Street stocks began trading.
they must have stopped by starbucks
on their way to save the day....or got lost.. :O)