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Author Topic: The market could crash today.  (Read 15589 times)
ssmith general
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« on: August 08, 2011, 06:38:20 AM »

FYI.
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BAMAWV
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« Reply #1 on: August 08, 2011, 10:15:57 AM »

We all thought the president was intentionally trying to drive America off the cliff with his healthcare legislation. This guy was not even warming up yet,- back then. Now the democrats have lost our AAA credit rating (now down to WTF--lol) for the first time in our country's history. Our credit worthiness stood the test through the "Great Depression" and WWII. It held up during Vietnam, Jimmy Carter, and 9/11. But it was no match for Obama, Reid, and Pelosi. 
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« Reply #2 on: August 08, 2011, 10:23:10 AM »

The market is already down -257 points today.
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BAMAWV
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« Reply #3 on: August 08, 2011, 10:27:34 AM »

The market is already down -257 points today.
Oil free falling-- heck--we were giving the stuff away a week ago. Angry Something needs to be done about these speculators.
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pmull
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« Reply #4 on: August 08, 2011, 10:32:06 AM »

The market is already down -257 points today.
Oil free falling-- heck--we were giving the stuff away a week ago. Angry Something needs to be done about these speculators.

Correction, now down -282.
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« Reply #5 on: August 08, 2011, 10:35:49 AM »

-305 now.
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« Reply #6 on: August 08, 2011, 10:39:45 AM »

The market is already down -257 points today.
Oil free falling-- heck--we were giving the stuff away a week ago. Angry Something needs to be done about these speculators.

Correction, now down -282.
Now I wish I was the guy running around with all the bling (gold) on. I wonder if it is too late to buy those heritage seed packets?
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pmull
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« Reply #7 on: August 08, 2011, 10:45:57 AM »

Gold is over $1,700.
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« Reply #8 on: August 08, 2011, 10:52:59 AM »

Gold is over $1,700.
I told a guy the other day I thought we may see $2000 before it heads the other way.
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pmull
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« Reply #9 on: August 08, 2011, 10:56:02 AM »

Gold is over $1,700.
I told a guy the other day I thought we may see $2000 before it heads the other way.

You may see it by dark.
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BAMAWV
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« Reply #10 on: August 08, 2011, 11:06:15 AM »

Gold is over $1,700.
I told a guy the other day I thought we may see $2000 before it heads the other way.

You may see it by dark.
You have to give them credit (Obama and co.)-- they have accomplished what the WTC terrorist only dreamed of.
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« Reply #11 on: August 08, 2011, 12:24:42 PM »

Gold is over $1,700.
I told a guy the other day I thought we may see $2000 before it heads the other way.

You may see it by dark.
You have to give them credit (Obama and co.)-- they have accomplished what the WTC terrorist only dreamed of.
Awaiting a statement from BHO. What can he say to make things better? Fire Geithner? Maybe. But other than that, with their limited understanding of how markets work and how they react to government intrusion, he is liable to make things worse. He is bowing to his political advisors that say, "You have to say something". For those of you that voted this guy into office, we tried to tell you so!.
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pmull
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« Reply #12 on: August 08, 2011, 12:55:46 PM »

Down -414 now. We are about to go under 11,000.
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BAMAWV
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« Reply #13 on: August 08, 2011, 01:25:25 PM »

Down -414 now. We are about to go under 11,000.
As the trading day concludes the market should show a slight gain toward todays open. I'm not going to spell the whole thing out but trust me, this is due to traders scrambling to cover short positions, not anything that BHO had to say. The White House knows this,-- and that explains the delay in today's presser. Tonight they will be all over MSNBC saying BHO calmed the markets and stopped a crash. Imagine people so politically driven that their big concern today is not your $401k turning into a $201k, but rather, how they can score political points. I try not to HATE but they are making it difficult.
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ricky023
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« Reply #14 on: August 08, 2011, 01:30:11 PM »

2chronicles 7:14 would help but then when those who don't believe in Leadership you destine to failure. I applaud Gov. Rick Perry we sure need more of that kind of leadership. RTR!
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