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Today's drop of 513 points would rank it as the 9th worst day in 20 years.
1 posted on 08/04/2011 1:38:37 PM PDT by Nachum
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To: Nachum

33 posted on 08/04/2011 2:08:56 PM PDT by haywoodwebb (The "Manchurian Candidate" Will Fall!! - - You Betcha!)
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To: Nachum
Did someone say nightmare on my street?
35 posted on 08/04/2011 2:09:48 PM PDT by Trueblackman (Posting on FR since 1998 and 100% teleprompter free post as well.)
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To: Nachum

The Govt is selling short to drive buyers to Treasuries and get more money to help the deficit?

Foreign investors pulling the plug because of the dumb debt deal?

How’s all that hopey changy working out for you libs? I think a lot of freepers saw this coming.


41 posted on 08/04/2011 2:22:21 PM PDT by Bookwoman ("...and I am unanimous in this...")
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To: Nachum
Wait until tomorrow morning!


45 posted on 08/04/2011 2:30:22 PM PDT by Iron Munro (The more effeminate & debauched the people, the more they are fitted for a tyrannical government.)
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To: Nachum
Not to worry...there are people, even here, who think this is the time to get in the market while prices are low....ordinarily, I'd agree because that tactic is based on the historical performance that the stocks will eventually come back and (step 2 -----profit!).

Only that is the problem - assuming a rebound. That will only happen if Obama is banished and we get some real-balled Republicans to control all three branches come 2012.

I really don't think that is going to happen.

48 posted on 08/04/2011 2:35:12 PM PDT by Gaffer
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To: Nachum
Look at the increase in volume of trading as the average goes down approaching 4pm.

What can we suppose will happen at the opening tomorrow (Friday) morning?? It could be real ugly!! Or, the Market may be closed??

54 posted on 08/04/2011 2:51:26 PM PDT by CharlyFord (t)
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To: Nachum

Actually it is a very much needed correction.

If 0bama won’t stop borrowing and printing money

...”somebody else” is going to remove it for him.

The market is over inflated, they over did it and now we will have an over correction.

And very unfortunately we don’t have a leader who can handle this.


56 posted on 08/04/2011 2:57:36 PM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: Nachum
All my Liberal friends told me that, if I continued to oppose raising the debt ceiling, the stock market would crash.

. . . well . . . they were right.

64 posted on 08/04/2011 3:50:41 PM PDT by YHAOS (you betcha!)
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To: Nachum; All

JUST SO YOU KNOW, NBC Evening News blamed today’s market drop on “Conditions beyond Obama’s control in Europe!” (that’s a DIRECT QUOTE).

Meanwhile they conveniently ‘forgot’ to mention that the markets have dropped 1,200 points in the last 10 days....

If the sheeple aren’t paying attention, they’d never know that from NBC NEWS.


65 posted on 08/04/2011 4:41:47 PM PDT by tcrlaf (PREFRONTAL LOBOTOMISTS FOR OBAMA2012!)
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To: Nachum

>Today’s drop of 513 points would rank it as the 9th worst day in 20 years.<

Obamanomics ... all is well and going according to plan.
He is “fundamentally transforming America” as promised.

Transforming it into a welfare state under his direct control .. now be quiet and eat your peas.


66 posted on 08/04/2011 6:01:01 PM PDT by Munz (All tyranny needs to gain a foothold is for people of good conscience to remain silent.)
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To: Nachum
Yes, we are definitely headed for correction territory.

It's the kind where the "entitled" riot and burn the cities, triggering anarchy, and the responsible people have to step in decisively themselves and employ their own summary "correction" to the out-of-hand situation.

There is nobody in charge now but there will be. We can count on it.

69 posted on 08/04/2011 6:50:46 PM PDT by NoControllingLegalAuthority (Where is the middle ground on insolvency of the United States government?)
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