DOW plummets -300 before close!
Posted December 4th, 2008 by LastAmericanStanding
output
They say bad news expected tomorrow on jobs is being prefaced by this sell-off.
I've stopped trying to figure the market and it's gyrations, out.
I see the T-bill market as being the final shoe. When that goes bust, and I'm not sure how it will, there will be no hiding for the investors.
Don't walk too close to tall buildings...
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I thought this might intrest folks
"Shock & Awe at the Comex"
http://www.financialsense...
This will be intresting to watch thorughout December.
rn
Liberty = Responsibility
rxn3st1
if i understand what this article is saying, and that is doubtful, then the fed res and the treasury are illegally stating the cost of gold and silver so as to prop up the dollar even to the point where investors know to look to ebay (of all places) for true value on these metals. am i correct and if this is so, how in the world(and i do mean WORLD) are the fed res. and treasury geting away with this?
~peace
I will tell you how... there
I will tell you how... there is market manipulation in the silver and gold futures market! The CFTC is looking the other way as JPMORGAN is allowed to manipulate the market.. read this!
http://www.investmentrari...
and this...
http://www.investmentrari...
"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
and where did the market close today?
~peace
Winding up -230 points I believe?
I may not know the truth, but I know when I'm being lied to...
8376
.
thank you
~peace
plummet?
300 points has become normal volatility. The jobs numbers should be well anticipated.
"I see the T-bill market as being the final shoe. When that goes bust, and I'm not sure how it will, there will be no hiding for the investors."
iShares Lehman 20+ Year Treas Bond (TLT)
112.30 2.17 (1.97%)
Someone is paying 112,300 for a 100,000 bond that will pay 2% over twenty years. This is not a place to be buying, and those who are buying for safety are taking some big risks. Unfortunately, people buying bond mutual funds likely have no idea of the risks they are taking in this "safe" investment.
When the treasury bonds crack, that money will flee ... to ... the stock market and a Santa Claus rally will let us close the year with a positive move.
jobs nbr was anticipated
Market closed up.
Dow 8,635.42 Up 259.18 (3.09%)
Nasdaq 1,509.31 Up 63.75 (4.41%)
S&P 500 876.07 Up 30.85 (3.65%)
In the markets the reaction to the news may be more important than the actual news.
It won't be long for a TBILL
It won't be long for a TBILL collapse either!
http://www.euromoney.com/...
"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
Bump
for an answer to my question!
I just won $10!!!
I called it within a few bucks. It's easy, watch the very last tick of the day. After the market closes the numbers change. If they go up, the next day is going down. If it goes down, the next day the market is going up.
I've been taking note of it for a few weeks. It's like the code for the PPT to know which direction they need to go.
What's your prediction for tomorrow?
Up or down? How much?
Tomorrow-----I'm just using my little method----Down
If I get a double or nothing request, I'll say -550
my aim is for
-700 again
http://www.votenader.org/...
http://www.flickr.com/pho...
I am guessing it will be down....
by at least -455, nah maybe -477, those are good numbers. Hey MikeLawson thank you the email.
i hear bernanke is gonna buy
i hear bernanke is gonna buy tbills or bonds, he is systematically destroying every refuge for investors until the market collapses, look for the breakup around early next summer
MARCH ON!!
An Eye for an Eye will ONLY make this world go blind~Ghandi~
Want to know what is wrong with the bond market?
More bonds are being traded than there are in existence.
http://www.euromoney.com/...
kind of like silver and gold..
I have tried to explain what is happening to my family until my face turned blue and now I just see them being food for the savages some day.
They just can't seem to understand that a piece of paper showing you "own" silver will be worthless when the house of cards falls to the ground. I asked them to take their piece of paper and go buy a gun, food, or anything for that matter...they just don't get it.
Aren't we in the middle of a crisis that was helped along by pieces of paper that weren't worth a yankee dime? Man we Americans are smart.....NOT!
I know what you are saying, Dale,
and am tired of the blank looks that I receive when I try to explain counter-party risk to people.
I'm pretty sure that by this point those who understand have taken steps to protect themselves. Those who don't get it, probably never will.
Except bonds are worth nothing...
Where gold and silver... well.
I may not know the truth, but I know when I'm being lied to...
I'm pretty sure
Dale was talking about paper gold and silver. Paper gold and silver are worthless as well.
yes
I was talking about paper.... they just don't understand it when I explain that all the silver and gold that is "on paper"...is exactly that...on paper. Why invest in something precious if you can't roll around in it, or at least bury it in the back yard...LOL
Auto manufacturer meeting breaking up....
That should be good for another -100.
I may not know the truth, but I know when I'm being lied to...
PPT
PPT must have had a doctors appointment or something. What a critical error on their part!
http://federalfallacy.blo...
bump
was just about to post something along the same lines...
http://www.votenader.org/...
http://www.flickr.com/pho...