DOW 10/28/08 Close 9,066.39 up +890.62 +10.89%
Submitted by meekandmild on Mon, 10/27/2008 - 15:54
Previous Close 8,175.77 Volume 278.34 Mil
Open 8,178.72 52 Week High 13,962.53
Day's High 9,077.86 52 Week Low 7,882.51
Day's Low 8,174.73
»
Volkswagen shares rose 147 % !
These 'market anomalies'make me wonder if it's more rational to bring your money to the casino instead to the stock exchange:
http://us.ft.com/ftgateway/superpage.ft?news_id=fto102720081...
Perhabs it will break the neck of some hedge funds.
Please be nice and follow Dr. Paul's living example of kindness, respect and humility.
Freedom brings People together
Ron Paul was right
The hook is baited
Quick, Jump back in. The bottom has been hit.
Suckers beware. The tone where I live is very somber. People are losing jobs left and right. I think the bottom is along way off.
We are responsible for our own lives. Just take a long deep breath and wait.
What did "Rhino" predict for today?
I thought he said it would go down. But, he had been right every day so far.
This is ALSO the day that
This is ALSO the day that Paulson started spending $125 BILLION dollars out of the $851 BILLION bailout....
What is PPT? Pardon my
What is PPT? Pardon my ignorance. You know when I saw it up 894pt. I didn't yell yeah. When it was at 8,100 I didn't say "oh my". I just want the ride to stop so I can stop being dizzy and then get on while the ride is stopped at the bottom.
"Every generation needs a new r3VOLution"- Thomas Jefferson
PPT = Plunge Protection Team
Also known as the President's Working Group on Financial Markets. They will intervene in the markets on certain occasion to keep the Dow inflated and illusion of capitalism alive.
They use taxpayer money to
They use taxpayer money to fix the stock market.
When the market is going down they buy stocks and when it is going up they sell stocks.
They do this too manipulate the market. That is the reason they even exist, to fix or rig the market.
In other words they are professional market manipulators paid by the government. The fix is in.
Do you think they might buy stocks when they are low priced for themselves and the use plunge funds to drive the price up and when it gets where they want it then sell their personal stocks, and if they can do it once would they do it again?
Of course not that would be criminal and we all know government employees are all honest.
Criminals go into honest work like banking.
Liberty is our campaigns gift to the world it is our manifest destiny.
Freedom is a movement who's time has come. Our campaign will lead to world wide freedom.
Liberty is our campaigns gift to the world it is our manifest destiny.
Freedom is a movement who's time has come. Our campaign will lead world wide freedom.
scary because
they have enough cash on the sidelines to artificially sustain the market through the election and possibly get the masses to buy into the bullshit and elect McCain. Oh honey, the market is up now so everything must be okay and the FED's plan is working! Damn they are good.
beephree
Fear lost
Fear lost 16.36% today. But I'm still bullish on fear. :-)
The day it actually does go up significantly and stays there for
a good deal of time, that means the cork on the money supply has been released and say hello to the first day of massive hyperinflation.
Watching Prices and Asset Values Change
Right. The massive amounts of new money are going into the Fed end of the pipe. The early receivers get to spend it. Whatever they decide to spend it on gets bid up in the market beyond what would have happened absent the Fed's money creation.
Some are going to spend the money on stocks at bargain prices. We will see the stock market "recover".
Some early receivers are going to pay off debts because they have discovered they are too highly leveraged and they want to increase their safety.
Only very late receivers of newly-created money will bid up prices of food, housing, and gasoline. So look for late-receiver inflation to happen later in the sequence.
Watch to see which early receivers are chosen. This will give the best clues as to where prices and asset values will be bid up. For example, if auto makers receive bailout money, look for increases in prices and asset values in industries supplying auto makers.
Also, everywhere new money is spent, new malinvestment will be created. Malinvestment is a product of deceit and false information. The basic deceit surrounds the value of money. This is illuminated by how the new expanded supplies of money are funnelled to favored interests. Watch, for example, as malinvestment compounds in an alternative energy market.
The new American administration will not be able to resist massive money creation even if they find any philosophical reason to want to do so. They deny the existence of malinvestment. They have nothing but good to say concerning money creation and artificial low interest rates. Therefore, you can count on this practice to continue and to accelerate.
They will destroy the value of the dollar, but they will use every trick and every lie and every threat to keep people using dollars. Look for gold to be outlawed as one of the fascist measures enacted to force use of the dollar. But this will be a late stage when Americans are seriously looking at alternative stores of value.
With repetitions of truth and common sense, we can turn the population against the fascists. We will have ample opportunity.
ac
liberty yields harmony; tyrany yields chaos
liberty yields harmony; tyrany yields chaos
Interesting.
I wouldn't have thought that but it makes sense.
I recall a number of
I recall a number of economists and even Dr. Paul himself predicting that the post-bailout market would be a volatile roller coaster for a short period of time before the collapse. This is exactly what we're seeing now with these large up & down swings.
The real question is *when* the collapse is going to happen.
---
"Live free or die: Death is not the worst of evils." -- General John Stark.
---
"Live free or die: Death is not the worst of evils." -- General John Stark.
Worst ride at disney world
Depression 2008 Roller Coaster
http://killfiat.blogspot.com/
http://killfiat.blogspot.com/
Hmmm.
So let me get this straight.
1. Consumer confidence is at a 41 year low.
2. The governements of the world mysteriously all have the same idea of pumping money into the banking system.
3. The banks are holding onto the money from the FED to buy other smaller banks.
4. Nearly every profit report released is dismal.
5. Nearly every forecast has been adjusted way down.
6. No one is spending a dime.
AND THE MARKET SOARS!!!!!! Great job PPT dumbasses!
_________________________
http://www.jabronitools.com
Bullish/bearish
Some of those items in the list are bullish. For example, consumer confidence at an all-time low means that all the small fry who are going to sell have sold already. Governments printing money is bullish for the market too, in nominal terms.
But the real reason the market soared today has to do with the yen and US commercial paper. The yen carry trade has been unwinding, sending the yen to an all-time high, and stocks down, down, down. In the last day, something happened. Either the carry trade unwinding is abating, or central banks intervened in the foreign exchange market. For whatever reason, the yen lost some 4.5% vs. the dollar and euro. In one day! Everything else except the dollar was up, including gold and silver, but particularly commercial paper. The Treasury is buying commercial paper. Is the yen carry trade back on?
That's the way it's going to be until the de-leveraging story clears up. The stock market is a casino in which you bet on what the Treasury and central bankers are going to do next.
Shouldn't the your title be more like
"Bullish, Bearish, Bushish, Bullshit"
" In Thee O Lord do I put my trust " ~ Psalm 31:1~
its called a sucker. Stop
its called a sucker. Stop with all the PPT crap.
you are kidding right! "When
you are kidding right!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
So
you don't think the market is manipulated? I mean I am not an economist or investor but anyone with common sense could see that the market is manipulated. If a ball goes up in the air, it must come down however if that same ball is thrown in the air and gets exchanged for a different ball at the vertex of flight and returns to the ground as the different ball did the original ball ever drop? That was a simple question posed by a physics professor of mine in college and not one person could answer it; not even the professor because it has no answer. That is how I see the markets behaving lately.
_________________________
http://www.jabronitools.com
it went way
up
The higher up it goes
the faster and deeper the plunge.
NWO for Dummies
http://www.youtube.com/watch?v=XRLPG_HplrA
"There can be only one permanent revolution - a moral one: The regeneration of the inner man."
—Tolstoy
"The body is but a vessel for the soul,
A puppet which bends to the soul's tyranny.
And lo, the body is not eternal,
For it must feed on the flesh of others,
Lest it return to the dust whence it came.
Therefore the soul deceives and despises."
Will we see
7000 range tomorrow?