Posted on 11/26/2009 11:56:47 PM PST by prisoner6
Dow Futures down 327 as of 2:41AM.
NASDAQ down 70.75.
S&P down 41.70.
(Excerpt) Read more at money.cnn.com ...
Verrrrrry hight Lurk-to-Post (LTP) ratio on this thread here. Apparantly a lot of people wondering and worrying about this today, no doubt.
Well...if ya get bored... I do not own a legit copy ofPhotoshop, however, you made me grin with that idea....from ear to ear. LOL!!
Where do you see how many are looking at this thread?
2,226 views so far.... Latest Articles page, right fo the name of the person posting.
2,226=2,266
All this time I've been on here and I've never known that.
It won’t be that bad when the DOW actually opens...
no prob....glad to be FRervice!
It would be nice to see the number included somewhere in the post as well.
prisoner6
There was someone on Bloomberg radio now claiming that last year was the worst Christmas for sales he's seen in decades. He expects this year to be A LOT worse. He coupled that with unemployment, government spending and a few other things and said that basically...we're going in the tank.
Wish I had heard the guy in more detail.
prisoner6
The big money brokers have awoken their counterparts globally to stop some of the computer trading in the US today as not to instill economic fear into the US shopper for this upcoming Christmas shopping season.???
re #106....that’s the way I’m reading it Po6. With today’s ‘puter speed (servers) and Internet.......I’d almost bet the motor fuel numbers are already in for Wednesday especially....the airlines already knew what had been booked on flights, off 7% from last year I believe as a whole.
Look for ME oil money to come in very soon to get dime on the dollar real estate in the US as the means to grab more influence and power.
The timing is too coincidental as Dubai World was already taking it on the chin since last spring.
I suspect it is.
Dubai World is a huge company.
Dubai World is one of the emirate’s three big holding firms, along with Dubai Holding and Investment Corporation of Dubai. In addition to Nakheel, its affiliates include DP World, a huge port operator, and Istithmar, an investment company with a portfolio of over 50 firms in the financial services, consumer, industrial and property sectors.
...was a shock partly because Dubai World had said last month that a previous restructuring plan, prepared with AlixPartners, the turnaround experts advising on the General Motors
http://www.reuters.com/article/newsOne/idUSTRE5AO4J820091126
Istithmar, an investment company with a portfolio of over 50 firms in the financial services, consumer, industrial and property sectors.
Tracking just this one arm of the octopus, this is insurances. Not just investment insurances and banks, but medical, employee benefits, huge.
http://www.freerepublic.com/focus/news/2395096/posts?page=12#12
“Well I have lost about $3.00 so far in my silver investments (only have 3 ounces)”
You have read my book “buy high, sell low” I assume.
....Bob
If one reads enough, one can figure out that derivatives were the launch vehicle for the recent global credit bubble with real estate being the pinpoint target.
In bed with all of that was the CRU, Wall Street, big banks, The Fed, TARP, Porkulus, illegal immigrant, ACORN, Fannie / Freddie and 'housing boom' with the sub-prime mortgage orgy. The bubble has popped and continues to expel putrid air and the US taxpayer gets handed a major chunk of the bill.
I still see a major global economic crash on the near horizon to significantly out pace The Great Depression.
Why, because the US goobermint at all levels continue deficit spending and growth while US manufacturing still flees our borders....no jobs means no demand for goods or services.
A nation's true wealth is derived from domestic industrial production, domestic consumption of domestic goods and raw materials.
The state run media ignores the impending fiscal disaster from unfunded liabilities and larger payouts to goobermint retirees as the goobeermint feeds itself from my sweat and savings.
Ohhh....BTW, the FDIC is basically broke and Congress, the Fed, nor the Treasury are responding at this moment and more banks are going under. Thry refuse to response because the goobermint is having wet dreams over controlling 'all' the money from 8-10 huge banks.
Mind runs faster than the fingers these days....sorry
*
I might as well go over to DU and read the same “the sky is falling” garbage.
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