Oct. 24: Stock Market Crash

[Knightbk]

There will not be a crash tomorrow.

It will go down 300-400 points, that is it.

[warrenog]

Thanks mmerlin for the info on derivatives. If I understand this info correctly from my first read, this stuff sounds very risky at best.

[mmerlinn]

Originally Posted by Knightbk

There will not be a crash tomorrow.

It will go down 300-400 points, that is it.

At 15 minutes before the close, it looks like you are correct for today.

And I turned out to be wrong 3 months ago even though this is the lowest close so far. However, earlier this month I posted this (http://www.prophecytalk.com/index.php?topic=5109.37):

One last note. The high I expected on the last day of August actually occured on the next business day, Tuesday after Labor Day. As a result, there is a slim chance that the 24th may not be the low. Instead, the day of the crash could be the following Monday or Tuesday.

[Xhaosis]

hmmm... Free market still alive and well...



DISSSSSSSSSMMMISSSSSSSSSEEEEEEEEEEEEEDDDDDDDDDDDDD DDDDD..


Enough of this Nosterdamis BULL ****...


Woke up from my nap thinking Armageddon was here...

Think its time for you guys to go find a job, instead of posting so much bs 24 hours a day, on this Good alternative news site...

enough perdictions already..

[ctophil]

Originally Posted by mmerlinn

At 15 minutes before the close, it looks like you are correct for today.

And I turned out to be wrong 3 months ago even though this is the lowest close so far. However, earlier this month I posted this (http://www.prophecytalk.com/index.php?topic=5109.37):

You might not be wrong. The stock markets are rigged and can change on its collapse at ANY time! The Illuminati are known to change things (based on changing times) so they can better shift their agenda. The Illuminati are
powerful (when I say powerful, I mean to speak the truth and not underestimating the enemies. I never exalt the enemy.) but are not perfect. Only Yahweh Elohim is good and perfect. They have to change their plans accordingly all the time. Keep this in mind.

-Phillip

[borrasca2012]

....pay me pay me pay me my money down,lalalalallaall

they just take back what bushi was in dept


the illus are making much money now with the crash and after......



the only one who loose money are the small people on the street

like you and me........we will pay for it......


......... one step closer to the NWO.............



....and u know what, i"m NOT afraid of it, hehe

[ralok_j]

Originally Posted by mmerlinn

At 15 minutes before the close, it looks like you are correct for today.

And I turned out to be wrong 3 months ago even though this is the lowest close so far. However, earlier this month I posted this (http://www.prophecytalk.com/index.php?topic=5109.37):

Blossom, is that you?

[capreycorn]

"BLOODY FRIDAY" (october 24 2008)
according to wikipedia ?!!
http://en.wikipedia.org/wiki/Stock_market_crash

[micjer]

Originally Posted by capreycorn

"BLOODY FRIDAY" (october 24 2008)
according to wikipedia ?!!
http://en.wikipedia.org/wiki/Stock_market_crash

Man that was added fast the day isn't even over yet!

[Knightbk]

Originally Posted by mmerlinn

At 15 minutes before the close, it looks like you are correct for today.

And I turned out to be wrong 3 months ago even though this is the lowest close so far. However, earlier this month I posted this (http://www.prophecytalk.com/index.php?topic=5109.37):

It isn't about you being right or wrong, anybody can see that things are going to get worse before they get better, that is the nature of a recession.

The problem with your predictions is that you take an extreme pessimistic view to everything (IMO) and that leaves you open to a lot of problems, the closer we get to the bottom.

Like it or not, the world isn't going to come to an end or turn into a Weimer Republic, the Politicians have a lot of tools at their disposal to keep that from happening, even if what they do is totally illusionary...

In my view, the Market is a bunch of BS anyways and governed more by the overall cycle Positive and Negative emotions than any underlying market fundamentals. If the Market Fundamentals actually mattered, the DOW never would have broken 8000 or 9000 in the first place and our market booms and busts would be much rarer.

It is clear most of the traders on Wall Street watch CNN, FOX, MSNBC and a few other sites for their "news" and react on that, not on any fundamentals, thus they are pulled by the nose by positive and negative emotion, not balance sheets.

Oil is a prime example of this. It shot up to $150 this summer due to speculation only and it is going down to negative speculation. OPEC wants to bump their price right now, but we are in a negative cycle. For them to get the price up, they need to do such a cut that it shocks the negative downward spiral into an upward spiral. Good luck with that. They cant stomach a cut of 10mbpd either.

I do believe that once the Election is over, a lot of negativity that is out there will finally come to an end because you wont have the two Parties telling people "VOTE FOR ME OR THE WORLD WILL END!". At that point, things will become slightly more "stable", as that political factor will be removed.

So do I think that we are in for Happy Days in 6 months? Nope.

I think that we are headed for 2-3 rough years and the DOW will go down further and probably bottom out in the 5000-6000 range.

However, history has shown in the past that the greatest amount of fear always happens as the DOW nears its bottom, just like the greatest amount of hype always happens as the DOW nears its top.

I am also a big believer in self preservation. The idiots on Wall Street, Main Street and 1600 Pennsylvania Ave will work out something, even if its illusionary because at the end of the day, that is all our current system is:
A series of crisis and calm periods.

[alice goes nuts....]

but what the big deal in the end, everyone saw this coming, now consentrate on how things will be in the future, now is time to start think about new sytems and how to not obey to this **** again, in another form, that seem tempting....people mist start small, not go into big sytems that semm to fit well.....this is about all this grouping activity....people must start small economical systems themself....
and the oppertunity will be there if a real collapse with starving etc comes up....people must learn to cooperate, do not make business with what you have left....then you start feeding this **** monster again....

i hope for a little more crack and wise people with cooparative ways of thinking.....so.....lets hope hard!!!

[Knightbk]

Originally Posted by alice goes nuts....

but what the big deal in the end, everyone saw this coming, now consentrate on how things will be in the future, now is time to start think about new sytems and how to not obey to this **** again, in another form, that seem tempting....people mist start small, not go into big sytems that semm to fit well.....this is about all this grouping activity....people must start small economical systems themself....
and the oppertunity will be there if a real collapse with starving etc comes up....people must learn to cooperate, do not make business with what you have left....then you start feeding this **** monster again....

i hope for a little more crack and wise people with cooparative ways of thinking.....so.....lets hope hard!!!

Depressions are always times of political and systemic change. These changes can be bad or good.

What we are going through now is a recession that will be sustained. The end result is millions will lose jobs, prices will come down, systems will collapse.

Out of the ashes, a new world will rise. It could be a good new world or a bad new world.

It depends on the mob and the change they demand.