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Title: Prediction: Stock market to rally at least 500 points on Wednesday
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Published: Nov 5, 2008
Author: Me
Post Date: 2008-11-05 00:31:01 by a vast rightwing conspirator
Keywords: None
Views: 1530
Comments: 122
Note: I correctly predicted Obama's landslide, many months ago. Now, I predict that the stock market is poised to take off unless Double-you does something stupid again or shows up on the teevee and says something (by definition stupid).
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Begin Trace Mode for Comment # 117.
#90. To: a vast rightwing conspirator, Wall Street Gurus (#0)
11/6/08 DOW down -255 @ noon, EST. When added to yesterday's loss, we're talking a total drop in the DOW of app. - 750 or or app. 9% since the selection of the Messiah.
it'll be a blood bath in Asia tonight and tomorrow will be be Black Friday. Folks eventually this thing is gonna zero out...count on it.
Tomorrow being Friday, it will be interesting to see what bank or banks get closed by FDIC.
Whichever ones the elite want to consume. I would expect a dead cat bounce somewhere around or below the 8000, possibly around 7500, mark followed by it nosediving again.
The brokers are telling their clients to hold on, stand firm. Meanwhile the broker has his loot stashed away long ago in a sock.
Meanwhile the broker has his loot stashed away long ago in a sock. Been there, done that. The brokers, Series 7 License, do what their bosses tell them to do. Some are knowledgable, some rely entirely on what the "Research Department" tells them to parrot. The better brokers, mostly at smaller firms, are probably telling their clients to get out yesterday. If I had any money it would be OUT of the market right now. There should be some great buying opportunities down around 2500 to 2000. The last time I was in the industry the market had just topped 3,000 and I thought it was over heated then. If you allow for real inflation since then the market is still at about 3000 or less.
"Second Day of Big Losses Dow drops 443 points for steepest two-day plunge in history as markets react to decade's worst retail sales reports". White guilters still have their rose colored glasses on.
There is absolutely no connection to Obongo's ascension to the throne and this plunge. Keep repeating as needed.
We still have people here that believe in the "two party" system, Santy, easter bunny and tooth fairy.
#118. To: Cynicom (#117)
Remind you of someone?
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#98. To: Jethro Tull (#90)
#99. To: Lady X (#98)
#101. To: Cynicom, Lady X, TwentyTwelve, Kamala (#99)
Tomorrow being Friday, it will be interesting to see what bank or banks get closed by FDIC.
#103. To: Original_Intent (#101)
#111. To: Cynicom (#103)
The brokers are telling their clients to hold on, stand firm.
#112. To: Original_Intent (#111)
Since Obama was elected...
#116. To: Cynicom (#112)
Dow drops 443 points for steepest two-day plunge in history as markets react to decade's worst retail sales reports".
#117. To: Jethro Tull (#116)
Replies to Comment # 117. 
End Trace Mode for Comment # 117.