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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: 1497
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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#83. To: bluegrass, Rotara (#81)
Something big is about to happen soon. Almost everyone I talked with today is very worried.
You'd have to be ignorant, stupid, in denial or trusting fed.gov's 'guarantees for welfare' if you weren't taking extreme 'asset protection' and 'continuity of family/self' measures right/by now.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
European Factors--Shares set to slip at open; rate cut awaited Thu Nov 6, 2008 1:19am Oil extends decline below $65 on economic woes Market sinks on economic gloom as Cisco warns late Nikkei down over 7 percent Trading will never be the same. LONDON, Nov 6 (Reuters) - European shares are set to open lower on Thursday, tracking sharp overnight declines in the U.S. market and a slump in Japanese stocks on Thursday, with concerns about the economy resurfacing after the U.S. election euphoria. Financial bookmakers expected Britain's FTSE 100 .FTSE to open down 115 to 124 points, or as much as 2.7 percent, Germany's DAX .GDAXI to open 158 to 171 points lower, or as much as 3.3 percent, and France's CAC-40 .FCHI to fall 110 to 131 points, or as much as 3.6 percent. Investors will await the interest rate verdicts from the European Central Bank and the Bank of England later in the day. Both central banks are widely expected to cut rates. The FTSEurofirst 300 of leading European shares closed 2.2 percent lower on Wednesday, snapping a six-session winning streak. U.S. stocks plummeted after Barack Obama's historic victory in the presidential election, as a fresh batch of dismal economic data painted a gloomy picture.
This can't go one much longer without a major dollar crash/devaluation. I think that's what we're looking at in the next month or three. Obama's job one will be to introduce a new currency.
This isn't hyperdeflation yet but it might get there. It's what wrecked Argentina's currency when Soros took Argentina over in the late 90's. And who's backing Obama?
DOH! :-)
Bring on the Depression. Bring it the F*** ON! If digging ditches and eating beans for a few years is what it takes for me to see some worthless sacks of crap bankers and politicians living in sack cloth and being spat upon by my fellow Americans well... where's my shovel?!?!
I was in Brazil when their currency collapsed. Most Americans have no idea what is about to happen.
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.
11/6/08 1:40 PM, EST DOW down -453 It is now down 10% since the Messiah was selected. Can we now call this the Obingo Recession?
Stock market is down 456 points today so far. 956 point drop in two days.
But I thought Obingo had a plan????
Most Americans have no idea what is about to happen. So.... what happened?
Can you say we gonna go "bust"?
CA and NY say they will have to raise all taxes in double didgits, they voted Congo Obongo, let him bail them out.
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.
what happened? The middle-class got wiped out.
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 difference between an honorable man and a moral man is that an honorable man regrets a discreditable act even when it has worked and he is in no danger of being caught." ~ H. L. Mencken
Oh them. The upper class and the poor don't like them anyway.
The brokers are telling their clients to hold on, stand firm. Meanwhile the broker has his loot stashed away long ago in a sock.
This might sound totally insane, but my feelings are bring it on. I have food, water, guns and my family all tucked away in these bitter hills of central PA. I pray for anyone (like minded only) in a major city when this pops, but we've all seen the handwriting on the wall for years now. Let it crash and burn. This is no longer America.
The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.
Mark If America is destroyed, it may be by Americans who salute the flag, sing the national anthem, march in patriotic parades, cheer Fourth of July speakers - normally good Americans who fail to comprehend what is required to keep our country strong and free - Americans who have been lulled into a false security (April 1968).---Ezra Taft Benson, US Secretary of Agriculture 1953-1961 under Eisenhower
I would not be surprised to see that. I regularly check the local Craigslist under the "businesses for sale" section, just to get a feel for what is going on locally. I have never before seen so many "going out of business" "liquidating inventory" "closing up shop" "quitting the business" "take over my business for CHEAP" listings ever before, ever. Most in the retail trade would be at least trying to hang on through the holidays, since traditionally the last two months of the year are the best months for income. I can only imagine what it's going to look like come early 2009. Hooo boy. It's bad folks, it's really really really bad out there.
Hong Kong's down almost 8% at the moment.
#84. To: TwentyTwelve, bluegrass (#83)
Almost everyone I talked with today is very worried.
#85. To: Rotara, bluegrass (#84)
#86. To: TwentyTwelve, Rotara, Lady X, christine (#83)
#87. To: TwentyTwelve, Rotara (#85)
#88. To: a vast rightwing conspirator (#0)
(Edited)
#89. To: bluegrass, rotara (#87)
This isn't hyperdeflation yet but it might get there. It's what wrecked Argentina's currency when Soros took Argentina over in the late 90's. And who's backing Obama?
#90. To: a vast rightwing conspirator, Wall Street Gurus (#0)
#91. To: vast (#90)
#92. To: Jethro Tull (#91)
#93. To: TwentyTwelve (#92)
#94. To: TwentyTwelve (#89)
I was in Brazil when their currency collapsed.
#95. To: Jethro Tull (#91)
#96. To: Cynicom (#95)
Can you say we gonna go "bust"?
#97. To: TwentyTwelve (#96)
#98. To: Jethro Tull (#90)
#99. To: Lady X (#98)
#100. To: bluegrass (#94)
So....
#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.
#102. To: TwentyTwelve (#100)
The middle-class got wiped out.
#103. To: Original_Intent (#101)
#104. To: Lady X (#98)
it'll be a blood bath in Asia tonight and tomorrow will be be Black Friday.
#105. To: Cynicom (#103)
The brokers are telling their clients to hold on, stand firm.
#106. To: Original_Intent (#101)
#107. To: Kamala (#106)
The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.
 | Gold and silver are REAL money, paper is but a promise. |
#108. To: Kamala (#106)
Expected to be 6.3%. I saw Dodd interviewed on CNBC today. His face was Bender Red. He must be auditioning for Teddy Kennedy's position as resident drunk.
The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.
#109. To: Jethro Tull (#90)
I apologize for my mistake. I simply did not consider the fact that the Son of Satan and his bestiary are still in charge in the White House.
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.
Antiparty - find out why, think about 'how'
#110. To: Kamala (#106)
That should do "wonders" for the Bond Market.
The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.
"The difference between an honorable man and a moral man is that an honorable man regrets a discreditable act even when it has worked and he is in no danger of being caught." ~ H. L. Mencken
#111. To: Cynicom (#103)
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.
The brokers are telling their clients to hold on, stand firm.
"The difference between an honorable man and a moral man is that an honorable man regrets a discreditable act even when it has worked and he is in no danger of being caught." ~ H. L. Mencken
#112. To: Original_Intent (#111)
"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.
Since Obama was elected...
#113. To: Cynicom (#112)
Gotta love the spin: "...as markets react to decade's worst retail sales reports." Anyone who believes that is a prime candidate for a nice Swampfront Condo.
"The difference between an honorable man and a moral man is that an honorable man regrets a discreditable act even when it has worked and he is in no danger of being caught." ~ H. L. Mencken
#114. To: Original_Intent (#113)
True, however it does put it way back in Clintons backyard which surprised me.
..as markets react to decade's worst retail sales reports."
#115. To: Original_Intent (#113)
I read somewhere that dems are thinking of taking 401K and other retirements accounts and putting them under SSA. Also coal stocks have dropped into the tank, thanks to Obongo and he is not president yet.
#116. To: Cynicom (#112)
There is absolutely no connection to Obongo's ascension to the throne and this plunge. Keep repeating as needed.
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)
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?
#119. To: Jethro Tull (#118)
Brothers??? Obongo is "useful"...
Remind you of someone?
#120. To: Cynicom (#112)
Charleston was once the rage, uh huh Chorus The grocery store's the super mart, uh huh Chorus Grandmas sit in chairs and reminisce The beat goes on, the beat goes on
Drums keep pounding a rhythm to the brain
La de da de de, la de da de da
History has turned the page, uh huh
The mini skirts the current thing, uh huh
Teenybopper is our newborn king, uh huh
Little girls still break their hearts, uh huh
And men still keep on marching off to war
Electrically they keep a baseball score
Boys keep chasing girls to get a kiss
The cars keep going faster all the time
Bums still cry "hey buddy, have you got a dime" 
The U.S. Constitution is no impediment to our form of government.--PJ O'Rourke
#121. To: Cynicom (#115)
All the better to loot them. Silly commoners - thinking they could save for a secure future. To be followed with a carbon tax, despite their being a lot of science that says increased carbon dioxide levels actually benefit us, all green and growing things take CO2 in and give O2 out. Increased CO2 = increased farm production. Of course advanced science like that is totally lost on the "Green Gashouse Suckers". I even had one tell me it was irrelevant because it is for the "good of the earth". Of course the same person supports population reduction by whatever means as well - "for the good of the earth". They have thoroughly interiorized the propaganda and psyops and just regurgitate a recording which remains unexamined and accepted upon the basis of repetition only. If you asked them to explain the science they would be struck dumb(er). The problem of course is that too many people will not think for themselves and are willing to promulgate a lie because it suits whatever irrational twisted agenda that individual has.
I read somewhere that dems are thinking of taking 401K and other retirements accounts and putting them under SSA.
Also coal stocks have dropped into the tank, thanks to Obongo and he is not president yet.
"The difference between an honorable man and a moral man is that an honorable man regrets a discreditable act even when it has worked and he is in no danger of being caught." ~ H. L. Mencken
#122. To: Original_Intent (#121)
The fact that some coal companies have lost nearly one third of their value in two days cannot be laid on Bush or anyone else. That has to be swallowed by the white guilters and their Savior. And the coal miners in Pa voted for Obongo.
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