4um: Dow drops 6 hundred plus points for a loss of 6.66% in the 6th worst trading day ever

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Title: Dow drops 6 hundred plus points for a loss of 6.66% in the 6th worst trading day ever
Source: The Definitive End Bar & Grill
URL Source: [None]
Published: Aug 8, 2011
Author: Rabbi Essostein
Post Date: 2011-08-08 17:15:36 by Esso
Keywords: None
Views: 2310
Comments: 33

Now who is it with the obsession with the number 6? It'll come to me in a minute. It's right on the tip of my tongue...
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#1. To: Esso (#0)
Rabbi Essostein

Oy !
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Thomas Jefferson
noone222 posted on 2011-08-08 17:24:43 ET Reply Trace Private Reply
#2. To: Esso (#0)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-08 17:32:55 ET Reply Trace Private Reply
#3. To: Eric Stratton (#2)
These huge up and down moves are a lot like shaken baby syndrome ... the bruising from the shaking is fatal to many. The dollar keeps losing value so the stock market would have to go to 30,000 just to keep up with inflation !
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Thomas Jefferson
noone222 posted on 2011-08-08 17:40:58 ET Reply Trace Private Reply
#4. To: Esso (#0)
Rev. John Hagee sez it's because we don't give enough money to his Zionist ministry!!!
“The best and first guarantor of our neutrality and our independent existence is the defensive will of the people…and the proverbial marksmanship of the Swiss shooter. Each soldier a good marksman! Each shot a hit!”
-Schweizerische Schuetzenzeitung (Swiss Shooting Federation) April, 1941
X-15 posted on 2011-08-08 17:45:26 ET Reply Trace Private Reply
#5. To: noone222 (#3)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-08 17:55:23 ET Reply Trace Private Reply
#6. To: Esso (#0)
It was the S&P that lost 6.66%
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Thomas Jefferson
noone222 posted on 2011-08-08 18:25:12 ET Reply Trace Private Reply
#7. To: noone222 (#6)
It was the S&P that lost 6.66%

Please, noone, you are interfering with the myth building process here on this forum. It is is a vital therapeutic activity for aging baby-boomers.
It is a violation of Natural Law to use this document in a manner inconsistent with its labeling.
______________________________________________________
"It's a absurd insinuation."
randge posted on 2011-08-08 18:31:27 ET Reply Trace Private Reply
#8. To: randge (#7)
It is is a vital therapeutic activity for aging baby-boomers.

sorry
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Thomas Jefferson
noone222 posted on 2011-08-08 18:58:16 ET Reply Trace Private Reply
#9. To: noone222 (#6) (Edited)
It was the S&P that lost 6.66%

Yeah, I meant to say ,"...for a loss of 6.66% on the S&P..."
The DJIA lost 5.55%, or 6% rounded off.
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (~~1936~~ 2011)
Esso posted on 2011-08-08 19:30:57 ET Reply Trace Private Reply
#10. To: Esso, *THE LAST GREAT DEPRESSION* (#0)

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY
HAPPY2BME-4UM posted on 2011-08-08 19:54:52 ET Reply Trace Private Reply
#11. To: noone222, randge (#8)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-08 20:36:48 ET Reply Trace Private Reply
#12. To: Eric Stratton, noone222 (#11)
noone sometimes supplies the forum with so much reality that even us crusty f***ers have trouble choking it down.
Last week, noone posted a number of technicolor paragraphs with such a high reality quotient that it nearly destroyed my digestion. I downed a half a jug of milk of magnesia and soaked my feet in a tub of water for an hour. Hadda put a moist terry towel over my head to cool my transistors.
It is a violation of Natural Law to use this document in a manner inconsistent with its labeling.
______________________________________________________
"It's a absurd insinuation."
randge posted on 2011-08-08 20:50:59 ET Reply Trace Private Reply
#13. To: randge (#12)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-08 21:15:58 ET Reply Trace Private Reply
#14. To: Eric Stratton, Noone222 (#2)
How long ya think before the market gains it all back?

Probably never. Like Noone said, the Dow would have to get to 30,000, maybe 40 just to get back to where it was toward the end of the Clinton administration before the tech crash.
Doesn't really matter, Goldman Sachs and their HFT computer algos are systematically looting the markets and the country. It's not possible to win unless you're one of the insiders.
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (~~1936~~ 2011)
Esso posted on 2011-08-08 21:22:32 ET Reply Trace Private Reply
#15. To: Esso (#14)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-08 21:24:14 ET Reply Trace Private Reply
#16. To: Eric Stratton (#2)
How long ya think before the market gains it all back?

A year or Tuesday. Down I guess 7,000
"Satan / Cheney in "08"
tom007 posted on 2011-08-08 21:30:44 ET Reply Trace Private Reply
#17. To: tom007 (#16)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-08 21:31:44 ET Reply Trace Private Reply
#18. To: All (#14)
Asia's crappin' out. Nikkei down 369, 4%. Gold 1,725.
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (~~1936~~ 2011)
Esso posted on 2011-08-08 21:41:28 ET Reply Trace Private Reply
#19. To: Esso, all (#18)
Just checked on XE.com - Gold is now at 1735.07 as of about 20:29 Eastern.
Remember The White Rose"“Believe nothing merely because you have been told it. Do not believe what your teacher tells you merely out of respect for the teacher. But whatsoever, after due examination and analysis, you find to be kind, conducive to the good, the benefit, the welfare of all beings - that doctrine believe and cling to, and take it as your guide.” ~ Gautama Siddhartha — The Buddha
Original_Intent posted on 2011-08-08 21:51:56 ET Reply Trace Private Reply
#20. To: Esso (#14)
It's not possible to win unless you're one of the insiders.

I was going to invest in an annuity and a broad portfolio earlier this summer, but by digesting CNBC/Bloomberg/WSJ and reading the tea leaves on 4um I held off. I'd be crying like a little girl right now if I had let greed override common sense......
“The best and first guarantor of our neutrality and our independent existence is the defensive will of the people…and the proverbial marksmanship of the Swiss shooter. Each soldier a good marksman! Each shot a hit!”
-Schweizerische Schuetzenzeitung (Swiss Shooting Federation) April, 1941
X-15 posted on 2011-08-08 21:53:09 ET Reply Trace Private Reply
#21. To: Eric Stratton, Esso (#15)
It is possible to beat the market in the short term, BUT you have use an operating basis that the market is rigged and crooked and place your bets based on how you think the manipulations will go.
Remember The White Rose"“Believe nothing merely because you have been told it. Do not believe what your teacher tells you merely out of respect for the teacher. But whatsoever, after due examination and analysis, you find to be kind, conducive to the good, the benefit, the welfare of all beings - that doctrine believe and cling to, and take it as your guide.” ~ Gautama Siddhartha — The Buddha
Original_Intent posted on 2011-08-08 21:54:18 ET Reply Trace Private Reply
#22. To: Original_Intent (#21)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-08 22:08:31 ET Reply Trace Private Reply
#23. To: X-15 (#20)
NEVER invest in an insurance company annuity, please.
Gold, silver, lead, and land are the way to go.
imo.
Break the Conventions - Keep the Commandments - G.K.Chesterson

Lod posted on 2011-08-08 22:19:30 ET Reply Trace Private Reply
#24. To: Esso (#0)

"Mr. Prime Minister, there is only one important question facing us, and that is the question whether the white race will survive." -- Leonid Brezhnev to James Callahan
Prefrontal Vortex posted on 2011-08-08 22:21:19 ET Reply Trace Private Reply
#25. To: Esso (#18)
Look at the huge drop in the Jap Market ... I know it was over 14K
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Thomas Jefferson
noone222 posted on 2011-08-09 5:22:20 ET Reply Trace Private Reply
#26. To: noone222 (#25)
I know it was over 14K

Not since June, 2008.
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (~~1936~~ 2011)
Esso posted on 2011-08-09 7:22:01 ET Reply Trace Private Reply
#27. To: Esso (#26)
I know it was over 14K
Not since June, 2008.

Yeah, I knew it had been awhile ... and it doesn't look like it will recover anytime soon. I think there was honor amongst thieves in the world of high finance ... that has been obliterated !
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Thomas Jefferson
noone222 posted on 2011-08-09 7:27:30 ET Reply Trace Private Reply
#28. To: noone222 (#27)
It's just a free-for-all between battling computer algos now, and if some sucker-citizen gets caught in the crossfire, well, tough shit, more for Goldman.
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (~~1936~~ 2011)
Esso posted on 2011-08-09 8:16:23 ET Reply Trace Private Reply
#29. To: Esso, All (#0)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-09 19:40:53 ET Reply Trace Private Reply
#30. To: Eric Stratton (#29)
What a charade.

Here's the basic operation of the charade:
Market goes up - Fed prints up money, charged to you at interest, to give to the banksters to gamble with in The Great Global Casino.
Market goes down - JP Morgan and/or Goldman Sachs sweeps the chips off the table, pays themselves billion dollar bonuses, sends the leftovers to the tribe in the homeland.
That's about it.
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (~~1936~~ 2011)
Esso posted on 2011-08-09 20:16:54 ET Reply Trace Private Reply
#31. To: Esso (#30)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-09 20:21:46 ET Reply Trace Private Reply
#32. To: Esso (#30)
deleted
The relationship between morality and liberty is a directly proportional one.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." ~ Ben Franklin
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.” ~ Patrick Henry
Eric Stratton posted on 2011-08-09 20:23:41 ET Reply Trace Private Reply
#33. To: Esso (#28)
It's just a free-for-all between battling computer algos now

Amen ... It's a casino ... the slots are rigged in favor of the house !
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Thomas Jefferson
noone222 posted on 2011-08-11 3:43:03 ET Reply Trace Private Reply
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