Posted on 08/08/2011 2:00:16 PM PDT by NormsRevenge
Hmm...1100 down in the last two sessions. These are the subtle signs we professional investment advisers look for that indicate a weakening market.
Dead cat bounce on Tuesday. And yes, it's a guess.
http://www.cnbc.com/id/17689937
Better check again. +23 (+32 as compared to 'fair value').
Who in the world knows what it'll be at the open tomorrow?????
Both
HOWEVER, rest assured that even if it only drops 400 points, the State-Run-Media will credit The Messiah's non-speech with turning the tide from the previous 700+ point drop, and "cutting the drop in half".
That's the way it will be parroted.
Since all those liberal experts who said yesterday that it wouldn’t go down today are saying it will come back up tomorrow, I’m betting another drop.
I’m waiting for the outraged cry of
“Barack-o-lips? That’s racist!”
I know it’s been said before a thousand times, but Obama’s biggest talent is reading the teleprompter.
DAMN, he’s good at that!
Unfortunately, the only content he’s got to read is news
of the dreadful situations he himself has created.
He is , in effect, imprisoned by himself.
Must be an emotionally claustrophobic effect to deal with.
Ultimately, he has no more credibility as a President as, say, Dan Rather did as a creator of World Events, yet it’s as a NewsReader/NewsMaker that he’ll be remembered.
Because it’s ALL BAD NEWS.
Probably because there are people who think it will turn around and now is the time to buy...I hope they don’t mind their money being tied up for the next 15 months because it won’t be earning much until this asshole is thrown out of office. I wouldn’t put a single “copper plated, zinc coin” on stocks right now. {In case anyone doesn’t know, that is a “Penny” right now} - worthless and costs more to mint than it’s worth.
Rush made reference to this today on the radio.
http://www.bloomberg.com/markets/stocks/futures/
DJIA INDEX 10,737.00
DOWN -72 from 10809
Well I did pretty well.
Had some extra cash back when the market hit the low point a couple years back. Put it in a mutual fund. Got a bit skittish back around the middle of June so I cashed out.
Got 40% but will own taxes on that.
I just POed I didn’t by some Ford stock when it was $1 per share. Arrrrrrrrrrrrr.
Someone in that room is trying to get the word out about what a dufus this guy is, or this is photo shopped. Which is it?
Rush mentioned something about the Feds buying futures and manipulationg the market to improve the numbers.
Ummmm... from your link:
DJIA INDEX
10,748.00 (Value)
22.00 (Change)
10,733.00 (Open)
10,750.00 (Futures High)
10,733.00 (Futures Low)
16:57 (Time delayed - 15 minutes)
There is a big buck antelope grazing in my lower field. I thought if he turns to the right, the market will recover, if he turns to the left, the market will stay the same or decline. He turned to the right. Well I made the last part up but there is a large buck antelope down there and this is Montana. :-)
What would happen if someone in the fed put the word out that this was being done? Wouldn’t someone go to jail? Never mind. We know the answer to that.
An empty accusation, at best, and they know it.
"Barack-o-lips." That's not racist.
"Barack-o-ears" on the other hand? Now THAT'S racist!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.