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Dow Repeats Great Depression Pattern: Charts
CNBC ^ | 7/5/2010

Posted on 07/05/2010 10:23:53 AM PDT by advance_copy

Edited on 07/05/2010 12:17:25 PM PDT by Admin Moderator. [history]

The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.


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


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: bhoeconomy; cronysocialism; democrats; depression; economy; obama; obamanomics
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To: LomanBill
I could read that better if it was upside down (Mussolini joke---& from his grave he's sayin', "I knew there was a way it could be done!"
21 posted on 07/05/2010 1:37:09 PM PDT by norraad ("What light!">Blues Brothers)
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To: advance_copy

Bush’s fault!

Thank you for voting liberal Democrat. :)


22 posted on 07/05/2010 3:21:22 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: LomanBill

Mussolini was covering himself.

Fascism is NOT a merger between corporations and the state. Fascism is like a hostage situation, where the state holds corporations hostage - and some of them develop stockholm syndrome just to survive.

Von Mises charted the way the totalitarian state took control of the means of production in Germany. It was no different in Italy.


23 posted on 07/05/2010 4:39:39 PM PDT by agere_contra (Obama did more damage to the Gulf economy in one day than Pemex/Ixtoc did in nine months)
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To: agere_contra
>>Mussolini was covering himself.

Who was Ambassador Roland Arnall, Godfather of Subprime, covering?



Best Government Money Can Buy


The merger has been eating the Republic from both ends, but whether the commercial collective eats the government collective, or vice-versa, the result is still the same:

"COMMERCE BETWEEN MASTER AND SLAVE IS DESPOTISM"
--Thomas Jefferson
 
Somebody evidently forgot about that "TO SECURE THESE RIGHTS" thingee...AGAIN.  Not surprising really - that IS the default predatory nature of human collective behavior.

24 posted on 07/05/2010 4:58:00 PM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: agere_contra

Fascism is NOT a merger between corporations and the state. Fascism is like a hostage situation, where the state holds corporations hostage - and some of them develop stockholm syndrome just to survive.

-—<>-—<>-—<>-—<>-—<>-—<>-—

Good way to think of this.


25 posted on 07/05/2010 5:24:25 PM PDT by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: dirtboy; TigersEye
The only times I have seen quantitative easing work involved a laxative, a hot oil enema and a very pi$$ed off nurse.

Applying that to the economy is a joke beyond imagining.

26 posted on 07/05/2010 5:33:33 PM PDT by Candor7 (Obama .......yes.......is fascist... ...He meets every diagnostic of history)
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To: Candor7
The only times I have seen quantitative easing work involved a laxative, a hot oil enema and a very pi$$ed off nurse.

That's got to be the post of the day. LOL

27 posted on 07/05/2010 11:12:32 PM PDT by TheThinker (Communists: taking over the world one kooky doomsday scenerio at a time.)
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To: advance_copy

So where are the CHARTS ??


28 posted on 07/06/2010 12:31:03 AM PDT by traumer
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To: advance_copy

New York Daily Investment News V. 1 No. 137 Friday, October 25, 1929

I posted a similar chart to this one right after the 2008 crash.

The similarities of a possible "head and shoulders recovery, then worse crash" are there today.

29 posted on 07/06/2010 3:45:13 AM PDT by SkyPilot
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To: advance_copy

Oh well. Who is John Galt?


30 posted on 07/06/2010 9:49:32 AM PDT by netmilsmom (I am inyenzi on the Religion Forum)
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