Monday Blood bath for the Dow?

[Mega]

Its 1.00 am here in Blighty, Asia markets are getting killed......i wonder what in store for the Dow?
Mike

[pwcmba]

Re: Monday Blood bath for the Dow?

Dow futures off 70 last I checked.

[*T*]

Re: Monday Blood bath for the Dow?

Its 1.00 am here in Blighty, Asia markets are getting killed......i wonder what in store for the Dow?
Mike

long term support broken.

[blazespinnaker]

Re: Monday Blood bath for the Dow?

What happened to those ben bernanke rate cuts over night when the nikkei drops? Sure do miss that..

[don]

Re: Monday Blood bath for the Dow?

What happened to those ben bernanke rate cuts over night when the nikkei drops? Sure do miss that..

An empty holster and say goodbye to the 7000 mark

[strittmatter]

Re: Monday Blood bath for the Dow?

treasuries down, pm's down,

is there a run on mattresses today or?

[LargoWinch]

Re: Monday Blood bath for the Dow?

Pure panic, pure and simple:

Dow Jones 6,838.64 224.29 (3.18%)			S&P 500 709.68 25.41 (3.46%)			Nasdaq 1,340.13 37.71 (2.74%)
TSE 300 7,665.98 457.04 (5.63%)			RJA 6.44 0.24 (3.59%)			GOLD 92.76 0.10 (0.11%)
CDN-USD 0.7765 0.00 (0.00%)				30 YRS T-BILLS 3.60 0.1190 (3.20%)

[don]

Re: Monday Blood bath for the Dow?

As the DOW shrinks, the percentage of any given drop becomes larger for the same points lost, naturally. The counterpoint to the positive effect of housing prices collapsing.

Ex: A $200,000 home doubles in price during the bubble to $400,000. A 100% 'appreciation'. The same house now has crashed to $200,000, a fall of 50%. That's a very useful dodge on reality :p

How much longer will the % fallen on the DOW and other exchanges be prominently posted as the number swells?

[Uno]

Re: Monday Blood bath for the Dow?

"deficits don't matter" - Dick Cheney

and I'm stickin' to it, my daddy voted Republican, and his daddy before, ...

Obama has got 2 general options:

a) Speed up the crash to the bottom.

b) Slow the crash and try for a long, long, long, long, long bear market.

What so many cabbage heads just do not realize is that THERE IS NO THIRD OPTION !

c) Recovery. <-- This is NOT an option. It does not exist. Denial does not make it so.

[Guest]

Re: Monday Blood bath for the Dow?

Meanwhile the supposed-to-be-collapsing USD is acting distinctly mule-ish.

USD BREAKOUT - MAR 2 - 2009.jpg

[goadam1]

Re: Monday Blood bath for the Dow?

Obama's first priority is not the stock market. No wonder cnbc and wsj are ranting so much. The market should be a symptom of the economy.

[D-Mack]

Re: Monday Blood bath for the Dow?

As the DOW shrinks, the percentage of any given drop becomes larger for the same points lost, naturally. The counterpoint to the positive effect of housing prices collapsing.

Ex: A $200,000 home doubles in price during the bubble to $400,000. A 100% 'appreciation'. The same house now has crashed to $200,000, a fall of 50%. That's a very useful dodge on reality :p

How much longer will the % fallen on the DOW and other exchanges be prominently posted as the number swells?

Still far away from those circuit breakers

STOCKS NEWS US-NYSE circuit breakers through March 31
Fri Feb 20, 2009 2:49pm GMT

..

New York Stock Exchange trading halts will be triggered if the Dow Jones Industrial Average .DJI declines by 850 points compared to its previous close, unless the drop is after 2:30 p.m in which case trading will continue. Trading shall be halted for 1 hour if that limit is reached before 2 p.m. and for 30 minutes if it is breached from 2 p.m. to 2:30 p.m.

If the Dow falls 1,700 points before 1 p.m., trading will be halted for 2 hours and for 1 hour if the drop comes between 1 p.m. and 2 p.m. If such a drop is registered after 2 p.m., trading will not resume for the rest of the day.
http://uk.reuters.com/article/hotSto...25573220090220

[Louie.G]

Re: Monday Blood bath for the Dow?

Meanwhile the supposed-to-be-collapsing USD is acting distinctly mule-ish.

Ladies and gentleman the currencies are lined up in the starting gates....

And they're off.....

The USD has shot out to a good lead, there is a large group bunched up on the rails but they are falling behind

Oh No.....

JPY seems to have pulled up lame, GBP is carrying a heavy load and is struggling to stay with the bunch.

Will USD have the stamina to maintain her lead or will the rest just fail to finish??? That seems to be the big question in this race now.

[D-Mack]

Re: Monday Blood bath for the Dow?

Ladies and gentleman the currencies are lined up in the starting gates....

And they're off.....

The USD has shot out to a good lead, there is a large group bunched up on the rails but they are falling behind

Oh No.....

JPY seems to have pulled up lame, GBP is carrying a heavy load and is struggling to stay with the bunch.

Will USD have the stamina to maintain her lead or will the rest just fail to finish??? That seems to be the big question in this race now.

I bet I know who is doping

[goadam1]

Re: Monday Blood bath for the Dow?

The slow bleed isn't much fun for doomers. Too frog in a pot.