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Dow close 3/2/09 6,763.29 down -299.64 -4.24%

Submitted by meekandmild on Mon, 03/02/2009 - 11:59
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Interesting Article - How low can it go?

Submitted by ZeroFiction on Mon, 03/02/2009 - 17:18.

Link

A 7X PE on the S&P would see it at 400!
A 5X PE on the S&P would see it at 300!
Average PE in a down trough on the S&P is 7X. And we all know this bubble is not an average one.

everyday I look less crazy

Submitted by troyusaguy on Mon, 03/02/2009 - 16:51.

everyday I look less crazy to my friends. when I dug in to all of this almost 2 years ago and started telling people the shy is going to fall and they would say "you cant believe everything you you read on the internet"
as this house of cards fall, Im gaining credibility and bringing people in to liberty ideas.
great time to recruit

It's called turning shit

Submitted by iehuvihs on Mon, 03/02/2009 - 18:33.

It's called turning shit into fertilizer. Good time to educate your friends that they can't believe everything the government says.
grant

Yes, it is a bitter victory.

Submitted by VX1 on Mon, 03/02/2009 - 17:01.

I used to have friends who refered to me as "chicken little". Now they ask me my opinion on how much toilet paper they should stock up on, etc. Just because we work hard to know the system doesn't make us crazy. The government is a master manipulator, but the fundamentals don't lie.

1000 points a month....

Submitted by LastAmericanStanding on Mon, 03/02/2009 - 16:11.

Where's the bottom?? Anyone's guess...

I may not know the truth, but I know when I'm being lied to...

—

I may not know the truth, but I know when I'm being lied to...

Zero. --- "Live free or die:

Submitted by csb on Mon, 03/02/2009 - 17:55.

Zero.

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"Live free or die: Death is not the worst of evils." -- General John Stark.

—

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"Live free or die: Death is not the worst of evils." -- General John Stark.

Close 6,763.29 down -299.64 -4.24%

Submitted by meekandmild on Mon, 03/02/2009 - 16:07.

3/2/09

Damn, at this rate we will

Submitted by sboard82 on Mon, 03/02/2009 - 15:27.

Damn, at this rate we will see the 5,000's before the end of the week. Unless Market manipulation shows its face which I assume will happen!

PPT

Submitted by meekandmild on Mon, 03/02/2009 - 17:46.

took the day off?

I think a reasonable

Submitted by csb on Mon, 03/02/2009 - 18:00.

I think a reasonable explanation about PPT and market manipulation would be that there are limits to how much they can actually control. They did a great job manipulating 8000, but my current feeling is that downward pressure has recently become too strong for the PPT to hold at a given level.

Wonder where the bottom is? Zero. The stock market is a rather meaningless ponzi scheme built on top of another meaningless ponzi scheme ... The Fed(tm). The bottom is zero.

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"Live free or die: Death is not the worst of evils." -- General John Stark.

—

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"Live free or die: Death is not the worst of evils." -- General John Stark.

6,794.04 down -268.89 -3.81%

Submitted by meekandmild on Mon, 03/02/2009 - 15:11.

3:10 ET 3/2/09

6,811.16 down -251.77 -3.56%

Submitted by meekandmild on Mon, 03/02/2009 - 13:46.

1:45 ET 3/2/09

6,814.19 down -248.74 -3.52%

Submitted by meekandmild on Mon, 03/02/2009 - 13:21.

1:13 ET 3/2/09

6,827.73 down -235.20 -3.33%

Submitted by meekandmild on Mon, 03/02/2009 - 13:06.

1:05 ET 3/2/09

6,838.80 down -224.13 -3.17%

Submitted by meekandmild on Mon, 03/02/2009 - 12:25.

12:25 ET 3/2/09

Hope everyone is stocking up

Submitted by iehuvihs on Mon, 03/02/2009 - 12:03.

Hope everyone is stocking up on food, tools and other necessities that can save your life and can later be sold for gold if you really need it.
grant

Instead of preparing to get poor

Submitted by Flame on Mon, 03/02/2009 - 15:12.

how about preparing to get rich?

This is a great opportunity.

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Never trust a woman that has no waist.

—

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The Fed is not a private bank. PRIVATIZE THE FED!!!
"The Federal Reserve Banks should simply be regarded as governmental agencies." -Murray Rothbard
"I now call the Federal Reserve the fourth branch of government." -Ron Paul

how so?

Submitted by cw canadian on Mon, 03/02/2009 - 15:30.

What are you buying?

—

cw

Personally I prefer land and

Submitted by iehuvihs on Mon, 03/02/2009 - 16:35.

Personally I prefer land and a means of production. Rather bury a few seeds in the ground that will bear fruit than bury gold that doesn't reproduce. But farming is what I enjoy.
grant

Maybe buying up things the sale of which will soon be banned

Submitted by McClarinJ on Mon, 03/02/2009 - 15:44.

like assault rifles.

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New Hampshire and Ecuador