World Stocks Tumble

http://www.thestreet.com/s/world-stocks-tumble/markets/worldmarkets/10374594.html?puc=_tscfoc ^ | 8-16-07

[taxed2death]

I think it’s time to get the bearings smoking on the money printing presses. Print up a few hundred trillion dollars...that should fix it.

I can’t wait to spend $35,000.00 for a loaf of bread.

LOL

[snarks_when_bored]

The Dow dropped to within a couple of points of its 200-day moving average yesterday. Let’s see if it bounces up a bit today...and then turns over and dives again!

[mutley]

DJI down 100 points first five minutes.

[Hydroshock]

Why does the word crash come to mind.

[- Smokestack Lightning]

TIME TO BUY!

{Send all checks to me}

[mewzilla]

Why does the word crash come to mind.

It's not even officially a correction yet, is it?

[Uncle Miltie]

I think we are back to the levels of January 1st.

***YAWN****

[Hydroshock]

At this rate Bagdad Bob could become the Treasury Dept’s spokesman.

[snarks_when_bored]

The technicians are pushing for at least a 10% drop from the Dow’s high, so around 12,600 or thereabouts. We’ve not quite made it there, and maybe we won’t today. Phil Dow, an old hand, sees a standard bear developing, so he’s looking for 20-25% off the Dow high before we’re done. I’m not sure, because, as you know, the market fluctuates...(grin)

[divine_moment_of_facts]

I’m holding tight.

[divine_moment_of_facts]

When it hits 12,600 it will officially be a 10% correction.

[scan59]

I hate to see my 401K drop though.

[Badeye]

When it hits 12,600 it will officially be a 10% correction.

Yep, and the buyers market will be realized once again.

[mutley]

The technicians are pushing for at least a 10% drop from the Dow’s high, so around 12,600 or thereabouts.

12,780 at the moment, and I think we'll hit 12,600 this week. Or at least, I wouldn't be surprised if we hit it.

[dashing doofus]

J.P Morgan, when asked what the stock market will do, replied:

It will fluctuate.

[biff]

I don’t want to buy you!!! LOL

[ex-snook]

Looks like those who blew up the market ran out of wind. Now they’re long gone, leaving the bag to someone else.

[BlabItGrabIt]

All began when the Central Bank of S. Korea unexpectly--which means without the big-shots' permission--raised interest rates Wed. night a week ago 25 points.

Just a "cowinkidink" the KOSPI shot down like a lead balloon last night?:-)

[snarks_when_bored]

Well, well, well...looks like the boys decided to get their 10% down today.