Posted on 08/04/2011 6:26:52 AM PDT by blam
Pre-Market Selloff Intensifying: Dow Off 130, Europe Getting Killed
Joe Weisenthal
Aug. 4, 2011, 8:42 AM
Relatively benign initial claims numbers, and dovish comments from Trichet are providing no help.
The pre-market selloff is intensifying, as the new bear market grows.
Dow futures are off 130.
Italy is off 2.5%.
From FinViz, S&P futures:
(Excerpt) Read more at businessinsider.com ...
Run on banks to ensue? hope not,hard times are here for at least two years.
Hey. Easy does it out there.
You panic, you lose.
Let’s be careful, now.
Market up 30.
They won’t let it tank on Dear Leader Obama’s 50th birthday.
Depression will follow however.
I see europe down an average of about 1%. While that's not great, it's not "getting killed," esp. in light of the last week or so.
Guess we'll see some short covering on the dow today.
I think we're in for a long, slow grind to 7500-9250.
Market just opened at about -140.
Happy BDay BO.
bwahahahahahha
Market up 30.
They won’t let it tank on Dear Leader Obama’s 50th birthday.
Depression will follow however.
Yep yesterday it started out way down, and ended up a plus by the end of the day (last hour is business trading). all day long is our 401k’s, weird how that works. Loses all day then bounces back in the last hour,eh?
DJIA opens down 143
You clowns need to make major headlines by slashing spending NOW...implementing that 1% cut that was being floated around might be a good place to start...1% across the board...starting now. Who has the stones to bring this up in the House?
circumstances might leave no other choice...we’ll see.
[Scratchy K-Mart PA voice:]
"Michele Bachmann, please pick up the red courtesy phone."
Now down 168.
-246
Now -275
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