The market already dropped 500 points. Is that it, or another drop, stays the same, goes up?

This isn't to hold your feet to the fire and say you were wrong, etc. Just a chance to make a guess. I have no idea what the market will do on Monday. I'm not a stock analyst.

Imhotepp, I expect to see losses  after about noon.  GM, GE, and Apple are connected to the S&P.I forget the forth company. They will be downgraded as well.

I expect to see more losses before noon than after.

Sell in the morning, buy in the afternoon.

market crash it's coming.

Originally posted by imissswg

market crash it's coming.

I don't know after a 500 point fall already. Was that in anticipation of the downgrading, so it's already factored in, or will the market fall on top of this current drop?

I have no idea.

Originally posted by Ihmotepp

Originally posted by imissswg

market crash it's coming.

 

I don't know after a 500 point fall already. Was that in anticipation of the downgrading, so it's already factored in, or will the market fall on top of this current drop?

I have no idea.

at this point  the market will crash on monday and the failure of the dems and obama will show. why look at what they are doing right now? nothing but the tea party is still out giving ideas that could fix this in the short term.

more so then that gerald celente spoke up on what is about to happen he called it the greatest depression. http://www.youtube.com/watch?v=OPQxx15YtuQ

it clearly shows that thanks to obama and the democrats that we are heading into this at full force and in the past i have heard celente say that the only folks who have ideas on how to fix this is the tea party. more so then that he has stated that in 2012 obama along with all of the dems and libs are going to be voted out in no time.

still lets get back to monday.

what we will see is the market just full on crash, the tech market is done for as it's clear no one is going to have money to spend on useless things like ipods and xboxs. the 'green' market is gone as well then again we all knew that was never going to be big. the only money that will go anywhere is money in gold and oil.

i think as of monday you will see mass protests on the streets calling for the heads of the dems who got us here as well.

The market crash is a little bigger than just the events in America.

The is also a financial crisis int he worlds greatest economy. the Eurozone.

So we have the worlds two largest economic zones in crisis at the same time.

Double whammy.

Actually, by comparison to the Eurozone, I wouldn't consider the U.S. to be in crisis, but with the Eurozone added to it's own woes, then it is.

Also they both have the same issue. Collapse in investor credability due to failure to properly address their debts.

I'll be surpirsed if I am still retired at the end of this. I think I'm going back to work.

If S&P's really had balls, they'd have done this during the week. Instead they did it after markets closed for the weekend to limit the panic selling that would surely have taken place.

Expect anything that isn't based on the dollar to skyrocket as people jump for safety from what will be perceived as a sinking ship. US Treasury bonds will most likely go kaput. Precious metals will most likely go up as well, as everyone seems to feel they're one of the safest investments out there.

Gas will probably go up again as the dollar becomes worth less in international trading.

Originally posted by xpowderx

Imhotepp, I expect to see losses  after about noon.  GM, GE, and Apple are connected to the S&P.I forget the forth company. They will be downgraded as well.

well since powder's predictions are always wrong ill go for the exact opposite of him.

Originally posted by pyrofreak

If S&P's really had balls, they'd have done this during the week. Instead they did it after markets closed for the weekend to limit the panic selling that would surely have taken place.

 

Expect anything that isn't based on the dollar to skyrocket as people jump for safety from what will be perceived as a sinking ship. US Treasury bonds will most likely go kaput. Precious metals will most likely go up as well, as everyone seems to feel they're one of the safest investments out there.

 

Gas will probably go up again as the dollar becomes worth less in international trading.

It may initially start out that way Pyro. But basic market rules will supercede the crash. Treasury bonds will go to a real low. Which means that they will be bought with a quickness at such a low rate. In basic market fundamentals, for every dollar lost there is someone else making a profit off that dollar. Just the question i ask is who>??

Monday, General Motors, General Electric, Apple, are going to take direct hits as they will be downgraded to a AA status as well.  Mc Donalds and Wal mart will not get the downgrade, but will be aptly effected as they recieve compensation from the U.S gov. Every business that deals with our govt will be effected by this downgrade.

501's will be hurt alot

Well, the drop was actually due to Italy saying they were all fucked up with their money. The downgrade ( I think) happened after the market closed or was already close to closing. Now we have the weekend for everyone to sort things out. I think it stays mostly level with maybe a slight dip. As long as no one freaks out, everything should be ok.

good question, the stock markets dropped already due to the headache about a possible downgrading but probably some did know about it. stock markets in saui arabia did drop more than 5%, watch how tel aviv will react. i guess there will be drops aswell. 

on monday ? well this is difficult to say even for experts without insider sources. it could drop again a bit since the private investors will react on this day. its interresting how the gold price will look like, maybe some liquidate aswell.

btw the chinese rating agency Dagong did downgrade the us from A+ to A   !!

good luck if you hold stocks currently

Originally posted by spizz

good question, the stock markets dropped already due to the headache about a possible downgrading but probably some did know about it. stock markets in saui arabia did drop more than 5%, watch how tel aviv will react. i guess there will be drops aswell. 

on monday ? well this is difficult to say even for experts without insider sources. it could drop again a bit since the private investors will react on this day. its interresting how the gold price will look like, maybe some liquidate aswell.

 

btw the chinese rating agency Dagong did downgrade the us from A+ to A   !!

 

good luck if you hold stocks currently

i sold mine weeks ago and put more cash into gold

like i have been telling friends now is the time to go out and get things you are going to need in the next few months clean water fuel guns/ammo gold and food.

Originally posted by imissswg

Originally posted by spizz

good question, the stock markets dropped already due to the headache about a possible downgrading but probably some did know about it. stock markets in saui arabia did drop more than 5%, watch how tel aviv will react. i guess there will be drops aswell. 

on monday ? well this is difficult to say even for experts without insider sources. it could drop again a bit since the private investors will react on this day. its interresting how the gold price will look like, maybe some liquidate aswell.

 

btw the chinese rating agency Dagong did downgrade the us from A+ to A   !!

 

good luck if you hold stocks currently

i sold mine weeks ago and put more cash into gold

like i have been telling friends now is the time to go out and get things you are going to need in the next few months clean water fuel guns/ammo gold and food.

Anyone who thinks gold  will save them in the face of some massive collapse is an idiot. Gold has no instrinsic value except what we assign to it.

Also, anyone who think society is going to collapse in the next few months is also an idiot.

In short, imissswg is an idiot.

Originally posted by kobie173

Anyone who thinks gold  will save them in the face of some massive collapse is an idiot. Gold has no instrinsic value except what we assign to it.

Also, anyone who think society is going to collapse in the next few months is also an idiot.

In short, imissswg is an idiot.

There is nothing Wrong with being Prepared and hopeing for the best. Will it happen? No, Not likely, But Im still stocking up, because it cant hurt. that food, water, fuel, and gold are going to be valuble in 6 months if you use it to save your self, or if you eat it and fill your tank at no real gain.

And the only Idiots are the ones saying it Will, or Won't happen so...

The price of gold fell today too.#

the trouble with gold right now is that you are buying at the top of the market when you shoul;d be selling at the top of the market.

And the trouble with shares right now, is that where else can you put your money? And what is it going to cost you to get it out right now.

You'll lose 40% capital gains tax if you sell them, so you can't just sell them on the off chance. You are locked in unless you can see a very significantly better deal. 

At what time in the last 4 years has anyone had the opportunity to sell their shares at a profit? It's a ride and I'm on it for along time to come now.

Pretty much everything is going to plummet in my opinion. Just hold on, ride out the storm and see what you have left at the end of it. LMAO, I'm looking for work, that's my solution. Whatever I lose, I will earn again.

Originally posted by kobie173

Originally posted by imissswg

Originally posted by spizz

good question, the stock markets dropped already due to the headache about a possible downgrading but probably some did know about it. stock markets in saui arabia did drop more than 5%, watch how tel aviv will react. i guess there will be drops aswell. 

on monday ? well this is difficult to say even for experts without insider sources. it could drop again a bit since the private investors will react on this day. its interresting how the gold price will look like, maybe some liquidate aswell.

 

btw the chinese rating agency Dagong did downgrade the us from A+ to A   !!

 

good luck if you hold stocks currently

i sold mine weeks ago and put more cash into gold

like i have been telling friends now is the time to go out and get things you are going to need in the next few months clean water fuel guns/ammo gold and food.

Anyone who thinks gold  will save them in the face of some massive collapse is an idiot. Gold has no instrinsic value except what we assign to it.

Also, anyone who think society is going to collapse in the next few months is also an idiot.

In short, imissswg is an idiot.

Except, 6,000 years of history,  accounts from past hyperinflations and economic collaspe say that you are full of shit.  Gold has always been, is still today, and always will be....money!  It's properties make it instrinsicly valuable...as money!

My prediction Gold = ~1690 may even play with 1700, but I don't think it'll break it.  DOW?  Down 1-200 points at least.

Originally posted by smokemonsc

Originally posted by kobie173

Originally posted by imissswg

Originally posted by spizz

good question, the stock markets dropped already due to the headache about a possible downgrading but probably some did know about it. stock markets in saui arabia did drop more than 5%, watch how tel aviv will react. i guess there will be drops aswell. 

on monday ? well this is difficult to say even for experts without insider sources. it could drop again a bit since the private investors will react on this day. its interresting how the gold price will look like, maybe some liquidate aswell.

 

btw the chinese rating agency Dagong did downgrade the us from A+ to A   !!

 

good luck if you hold stocks currently

i sold mine weeks ago and put more cash into gold

like i have been telling friends now is the time to go out and get things you are going to need in the next few months clean water fuel guns/ammo gold and food.

Anyone who thinks gold  will save them in the face of some massive collapse is an idiot. Gold has no instrinsic value except what we assign to it.

Also, anyone who think society is going to collapse in the next few months is also an idiot.

In short, imissswg is an idiot.

Except, 6,000 years of history,  accounts from past hyperinflations and economic collaspe say that you are full of shit.  Gold has always been, is still today, and always will be....money!  It's properties make it instrinsicly valuable...as money!

My prediction Gold = ~1690 may even play with 1700, but I don't think it'll break it.  DOW?  Down 1-200 points at least.

 

Why is gold money? Why? What purpose does it serve, other than being shiny?

There's better metals for conductivity. There's more abundant metals for ... well, pretty much anything. Gold is not an easy metal to work with, it can't be molded into much of anything that's actually useful, and some people are actually allergic to it.

The era of doubloons is over. If you offered me an ounce of gold or a pound of locally growable seeds, I'd take the seeds if shit got real.

Originally posted by kobie173

Originally posted by smokemonsc

Originally posted by kobie173

Originally posted by imissswg

Originally posted by spizz

good question, the stock markets dropped already due to the headache about a possible downgrading but probably some did know about it. stock markets in saui arabia did drop more than 5%, watch how tel aviv will react. i guess there will be drops aswell. 

on monday ? well this is difficult to say even for experts without insider sources. it could drop again a bit since the private investors will react on this day. its interresting how the gold price will look like, maybe some liquidate aswell.

 

btw the chinese rating agency Dagong did downgrade the us from A+ to A   !!

 

good luck if you hold stocks currently

i sold mine weeks ago and put more cash into gold

like i have been telling friends now is the time to go out and get things you are going to need in the next few months clean water fuel guns/ammo gold and food.

Anyone who thinks gold  will save them in the face of some massive collapse is an idiot. Gold has no instrinsic value except what we assign to it.

Also, anyone who think society is going to collapse in the next few months is also an idiot.

In short, imissswg is an idiot.

Except, 6,000 years of history,  accounts from past hyperinflations and economic collaspe say that you are full of shit.  Gold has always been, is still today, and always will be....money!  It's properties make it instrinsicly valuable...as money!

My prediction Gold = ~1690 may even play with 1700, but I don't think it'll break it.  DOW?  Down 1-200 points at least.

 

Why is gold money? Why? What purpose does it serve, other than being shiny?

There's better metals for conductivity. There's more abundant metals for ... well, pretty much anything. Gold is not an easy metal to work with, it can't be molded into much of anything that's actually useful, and some people are actually allergic to it.

The era of doubloons is over. If you offered me an ounce of gold or a pound of locally growable seeds, I'd take the seeds if shit got real.

REALLY? WTF! Kobie you seriously cannot be that retarded? There is no way on this planet that I can believe you listened to the "LEFTS" bullshit that  it made you  a complete moron with finance! In anycase, as the dollar goes buh bye, gold will still retain value!

Well, just so everyone knows! This post wasnt just about your lack of comprehension Kobie. But rather about the loss of the dollar! So heres the link:

Dollar to Be 'Discarded' by World: China Rating Agency

http://www.cnbc.com/id/44050325

More than half of the G20 agreed with this with the EMERGENCY meeting being held today! Before the markets reopen!

http://news.yahoo.com/world-leaders-race-against-fresh-market-turmoil-141528198.html

Guess you better have alot of GOLD if you are in the U.S. Kobie. You need to quit listening to those retarded, anti-functional, leftist propagandist's  Lets talk Abortion!!! :-D NOT!!!! Its not going to help you this next week!  In fact it will have a opposite effect!

Good Luck Kobie! No Gold for you means very soon youll be having some serious issues!

Tel Aviv closed down 6% today. I think this is a pretty good indicator of what is coming as the markets open on Monday. Most likely all markets will be down 3% - 7%.