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Brace for October Stock Crash: Investor
CNBC ^ | 8/23/09

Posted on 08/23/2009 5:47:56 AM PDT by FromLori

Video at site

Global stock markets could crash in October as the much hoped-for economic recovery fails to materialize, Enzio von Pfeil, CEO of EconomicClock.com, told CNBC. Anko Beldsnijder from MainFirst Bank disagreed.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Government
KEYWORDS: crash; fourth100days; stockmarket; third100days
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To: FromLori
Now what would give you that idea?

Sure 82 banks have been bankrupted this year, Medicaid is broke, Medicare is broke, Social Security is broke, the Post Office continues to bleed money, the Porkulus bill was a fraud payoff to DemonRat operatives i.e., unions, dem controlled states etc. and was financed with printed money, the Deficit has ballooned to 10 Trillion, China owns most the USA and may foreclose any moment, Obama owes car dealers a billion bucks and can't pay off, he wants to add 47 million illegal aliens and lazy bastards to a gov't run healthcare program designed to secure Dem control forever and put as many elderly to death as he can while putting our children into debt for the next 500 years!

Why would you say such a thing?

41 posted on 08/23/2009 8:55:56 AM PDT by Doc Savage (SOBAMP!)
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To: blam

I’ve often suspected that cold is the mother of western civilization and maybe higher IQ’s too. .......

Cold winters w snow are the toughest. Plant sources for food die off. If you don’t prepare you die, your tribe dies

The challenge to survive is what increases brain size and intellect in my book at least. Surviving a desert climate can be difficult (you can starve) and same for dry seasons (you can starve) in the tropics. I would love to see how this shapes peoples brains

But It is too politically charged for university scientists to investigate


42 posted on 08/23/2009 9:02:08 AM PDT by dennisw (Free Republic is an island in a sea of zombies)
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To: windsorknot
Not to worry: Congress will pass a version of “Cash-for-Clunkers” for distressed stocks.

They already did. It's called "stimulus", and its a bowel burger au jus!

43 posted on 08/23/2009 9:19:54 AM PDT by MortMan (Stubbing one's toes is a valid (if painful) way of locating furniture in the dark.)
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To: jwparkerjr

The “current recovery” doesn’t exist in the first place. Car sales may be up but that is because of the fools rushing out to get “free” money, in the long run it can only make the situation worse. Housing sales are up because of the “free” money, this will help nothing, in the long run it wil make things worse. Unemployment is supposed to have dropped while at the same time many more people lost their jobs and the total number of employed people took a large drop. Give me a break, please! If John McCain were in office would we be hearing anything about a recovery? This is pure propaganda of the worst sort.


44 posted on 08/23/2009 9:20:22 AM PDT by RipSawyer (Change has come to America and all hope is gone.)
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To: FromLori

Thanks for the link..........


45 posted on 08/23/2009 9:56:05 AM PDT by blueyon (It is worth taking a stand even if you are standing alone!)
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To: rbg81

I don’t have a problem with the shorter term instruments. It’s the timing gimmicks that need to be reined in.

I am especially hostile to the deal where brokers use other people’s money to make timing transactions then keep the money they made.


46 posted on 08/23/2009 10:42:30 AM PDT by dools007
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To: FromLori
Enzio von Pfeil

I guess he'll be a billionare in November then, since he seems to know for certain what is happening with the market, so he should be able to mortgage the farm on put options.

47 posted on 08/23/2009 12:19:38 PM PDT by CharlesWayneCT
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To: longtermmemmory
why is it always October?

It's not always October. For instance it's currently August!

\DRUM-SYMBOL CRASH

Truth: I haven't a clue...

48 posted on 08/23/2009 7:26:01 PM PDT by kAcknor ("A pistol! Are you expecting trouble sir?" "No ma'am, were I expecting trouble I'd have a rifle.")
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To: blueyon

Your welcome check this out

http://www.economicpolicyjournal.com/2009/08/clueless-wall-street-journal.html


49 posted on 08/24/2009 12:04:32 PM PDT by FromLori (FromLori)
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