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2 days in a row at roughly -450. If we have just 17 more business days like
this, or 34 business days of -225, the stock market will no longer exist.
Those numbers are becoming routine at the end of trading days now.
If we don't come up with some reasons to finish considerably up for a few
days, there will be no stock market by early January.
Then what?
Fogarty <r...@h...com> wrote in
news:C54B48F2.662B%rockonnospam31542nospam@hotmail.c
om:
> 2 days in a row at roughly -450. If we have just 17 more business
> days like this, or 34 business days of -225, the stock market will no
> longer exist. Those numbers are becoming routine at the end of trading
> days now.
>
> If we don't come up with some reasons to finish considerably up for a
> few days, there will be no stock market by early January.
>
> Then what?
>
>
the trading of shunken heads of CEO's, Federal Reserve officers and SEC
bureaucrats
trade 'em... collect 'em....freeze 'em
Eat em, yum
V
"ausound" <a...@s...com> wrote in message
news:Xns9B5CA48F04720ausoundspambogco@216.168.3.70..
.
> Fogarty <r...@h...com> wrote in
> news:C54B48F2.662B%rockonnospam31542nospam@hotmail.c
om:
>
>> 2 days in a row at roughly -450. If we have just 17 more business
>> days like this, or 34 business days of -225, the stock market will no
>> longer exist. Those numbers are becoming routine at the end of trading
>> days now.
>>
>> If we don't come up with some reasons to finish considerably up for a
>> few days, there will be no stock market by early January.
>>
>> Then what?
>>
>>
>
> the trading of shunken heads of CEO's, Federal Reserve officers and SEC
> bureaucrats
>
> trade 'em... collect 'em....freeze 'em
Fogarty wrote:
> 2 days in a row at roughly -450. If we have just 17 more business days like
> this, or 34 business days of -225, the stock market will no longer exist.
> Those numbers are becoming routine at the end of trading days now.
>
> If we don't come up with some reasons to finish considerably up for a few
> days, there will be no stock market by early January.
There will always be a market.
In the huge market decline of 1929-1933 that signaled the beginning of
the Great Depression, the Dow Jones Industrial Average declined by an
amazing 90%. In today's terms, that would be equivalent to the Dow
going from 14,000 last year down to only 1400 (!!!) by 2011.
Yet the stock market continued to trade, every day, right through the
1930s, same as always.
Of course, with a 90% decline, the life savings of millions of Americans
were totally wiped out.
--
Steven L.
Email: s...@e...net
Remove the NOSPAM before replying to me.
> There will always be a market.
>
> In the huge market decline of 1929-1933 that signaled the beginning of
> the Great Depression, the Dow Jones Industrial Average declined by an
> amazing 90%. In today's terms, that would be equivalent to the Dow
> going from 14,000 last year down to only 1400 (!!!) by 2011.
>
> Yet the stock market continued to trade, every day, right through the
> 1930s, same as always.
I hope you're right. But if this particular recession/depression has taught
us anything, it's that history is not always a guide. That market declined
by 90%. What's to stop this one from declining 100%?
I'm just a realist losing big money hand over fist every day it seems, but
I'm not a prophet of doom. However, we're on a train ride to hell in the
next few weeks with apparently nothing on the horizon to stop it.
I would certainly welcome your opinion as to what is going to stop this
panic-stricken, out-of-control market from going down 100% shortly. "There
will always be a market" may not count this time. What's going to keep it
alive?
"Steven L." <s...@e...net> wrote in
news:U-adnZb7O4uqhrvUnZ2dnUVZ_vjinZ2d@earthlink.com:
>
> In the huge market decline of 1929-1933 that signaled the beginning of
> the Great Depression, the Dow Jones Industrial Average declined by an
> amazing 90%. In today's terms, that would be equivalent to the Dow
> going from 14,000 last year down to only 1400 (!!!) by 2011.
>
> Yet the stock market continued to trade, every day, right through the
> 1930s, same as always.
>
> Of course, with a 90% decline, the life savings of millions of
> Americans were totally wiped out.
The cost of living deflated by 25% during those years, so the purchasing
power loss was not as great as 90%. On an inflation adjusted basis, the
1973-1975 bear market was comparable.
On Nov 21, 9:54 am, Dr Tormento <r...@t...com> wrote:
> "Steven L." <s...@e...net> wrote
innews:U-adnZb7O4uqhrvUnZ2dnUVZ_vjinZ2d@earthlink.co
m:
>
>
>
> > In the huge market decline of 1929-1933 that signaled the beginning of
> > the Great Depression, the Dow Jones Industrial Average declined by an
> > amazing 90%. In today's terms, that would be equivalent to the Dow
> > going from 14,000 last year down to only 1400 (!!!) by 2011.
>
> > Yet the stock market continued to trade, every day, right through the
> > 1930s, same as always.
>
> > Of course, with a 90% decline, the life savings of millions of
> > Americans were totally wiped out.
>
> The cost of living deflated by 25% during those years, so the purchasing
> power loss was not as great as 90%. On an inflation adjusted basis, the
> 1973-1975 bear market was comparable.
Ok, so it wasn't 90%. A mere 87%.
You're sure it's not those 52,000 to be laid off and the rest of the
financials followed?
Predicted that few months back, just like etrade bk, yahoo next, whole
market next.
wtf will the criminals do then?
tfb
"Fogarty" <r...@h...com> wrote in message
news:C54B48F2.662B%rockonnospam31542nospam@hotmail.c
om...
>2 days in a row at roughly -450. If we have just 17 more business days
>like
> this, or 34 business days of -225, the stock market will no longer exist.
> Those numbers are becoming routine at the end of trading days now.
>
> If we don't come up with some reasons to finish considerably up for a few
> days, there will be no stock market by early January.
>
> Then what?
>
Fogarty <r...@h...com> wrote in
news:C54B7DA3.668E%rockonnospam31542nospam@hotmail.c
om:
> What's to stop this one from declining 100%?
As long as there is at least one person or entity in the world with money
to buy stocks, that is impossible.
>
> However, we're on a train ride to hell
> in the next few weeks with apparently nothing on the horizon to stop
> it.
That's what they say at every bottom.
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