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: 2351
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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#2. To: Esso (#0)
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Eric Stratton posted on 2011-08-08 17:32:55 ET Reply Untrace 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.

Esso posted on 2011-08-08 21:22:32 ET Reply Untrace Trace Private Reply
#15. To: Esso (#14)
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Eric Stratton posted on 2011-08-08 21:24:14 ET Reply Untrace 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.

Original_Intent posted on 2011-08-08 21:54:18 ET Reply Untrace Trace Private Reply
#22. To: Original_Intent (#21)
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Eric Stratton posted on 2011-08-08 22:08:31 ET Reply Untrace Trace Private Reply
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