kent
Senior Member
Joined: Dec 20, 2010 16:13:46 GMT -5
Posts: 3,594
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Post by kent on Aug 7, 2011 17:08:24 GMT -5
DOW down 340 S&P down 25
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Aug 7, 2011 18:27:27 GMT -5
Futures down 238pts at 730pm.
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Post by smackdown on Aug 7, 2011 18:48:11 GMT -5
Can we get a go at -1,000 before the bell and drop the other shoe throughout the day? If we can get the Dow down around 8,000 this week, we might stand a chance of waking up the Kool Aid drinkers and work together redistributing wealth to stabilize the WHOLE nation.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Aug 7, 2011 19:20:33 GMT -5
Dow futures now 196. Not to bad.
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reasonfreedom
Well-Known Member
Joined: Dec 21, 2010 8:50:21 GMT -5
Posts: 1,722
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Post by reasonfreedom on Aug 8, 2011 8:21:26 GMT -5
250 now
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Deleted
Joined: Nov 23, 2024 0:23:18 GMT -5
Posts: 0
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Post by Deleted on Aug 8, 2011 8:25:30 GMT -5
Heeeee haw. it continues.
Doesn't the saying go that traders can make money whether the market goes up or down, but they hate when it trades in a tight range. they must be loving it lately.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Aug 8, 2011 8:28:28 GMT -5
Wealth is made in a down market. What you are buying NOW is what counts.
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Post by smackdown on Aug 8, 2011 8:45:34 GMT -5
"Wealth is made in a down market. What you are buying NOW is what counts."
That's like jumping off the roof of your Ivory Tower because it's faster than taking the elevator (down, and quickly). If your logic was sound, your money wouldn't be buying anything until we had something to build up from. Investing it blindly on Main Street has a better shot at a return than anything you think you can that is publicly traded today-- too many fools on wagons not designed for over-crowding.
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reasonfreedom
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Joined: Dec 21, 2010 8:50:21 GMT -5
Posts: 1,722
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Post by reasonfreedom on Aug 8, 2011 9:37:47 GMT -5
Down -330 for the dow and 42.60 for the S&P. Who said that the credit rating was already accounted for?
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Post by maui1 on Aug 8, 2011 9:47:39 GMT -5
the markets don't forecast anymore, they react even more than the single grandmother living only on social security.
but in fairness.......how can anyone forecast, when our gov't controls all markets and makes decisions on a daily basis, that can effect our direction in every area of the market.
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reasonfreedom
Well-Known Member
Joined: Dec 21, 2010 8:50:21 GMT -5
Posts: 1,722
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Post by reasonfreedom on Aug 8, 2011 9:52:06 GMT -5
the markets don't forecast anymore, they react even more than the single grandmother living only on social security. but in fairness.......how can anyone forecast, when our gov't controls all markets and makes decisions on a daily basis, that can effect our direction in every area of the market. I forecasted it on another thread
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