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View Full Version : Can the majority predict the market again for today?




cska80
09-17-2008, 09:22 AM
The majority of the forum was correct on Monday, although I was wrong! Can we do it again? How lowwwwwwwwwwwwwwww will they goooooooooooo?

ShowMeLiberty
09-17-2008, 09:27 AM
Already down more than 300.

cska80
09-17-2008, 09:29 AM
I think we're to the point where the Federal Reserve has no more options to prop up the economy. Am I wrong? Will we start seeing major losses because investors will have no more confidence in not only our markets, but our Federal Reserve as well?

dsentell
09-17-2008, 09:55 AM
I think we're to the point where the Federal Reserve has no more options to prop up the economy. Am I wrong? Will we start seeing major losses because investors will have no more confidence in not only our markets, but our Federal Reserve as well?

I think you are correct. The first bailouts seemed to energize the stock market for a day or so. As the bailouts continue, there seems to be less and less effect to the point that last night's bailout of AIG has done nothing (at least nothing positive).

I think that day by day more eyes are opening to the truth about the Federal Reserve.

gjvrieze
09-17-2008, 10:02 AM
.....................

pacelli
09-17-2008, 10:09 AM
I think we're to the point where the Federal Reserve has no more options to prop up the economy. Am I wrong? Will we start seeing major losses because investors will have no more confidence in not only our markets, but our Federal Reserve as well?

I saw a headline that said "Treasury to issue debt to help Fed". And I'm not even kidding, it was on the Bloomberg ticker.

Rangeley
09-17-2008, 10:15 AM
It looks like 500 is a safe bet.

Edit: Wrong again!

Conza88
09-17-2008, 10:16 AM
I'm going for a rally again today.... lmao :D

cska80
09-17-2008, 11:15 AM
Looking solid at 280-300 so far.

RP4EVER
09-17-2008, 01:38 PM
-358.43 just a minute ago......it could break 360

-362.05 now...will see if it rallies.

voytechs
09-17-2008, 01:46 PM
Its -400 now. Probably settle a little bit below that in about 10 minutes.

RP4EVER
09-17-2008, 01:47 PM
-426.33 and falling now

-430 its gonna be close to 500

cska80
09-17-2008, 01:49 PM
Ok I'm convinced Ben Bernake trolls our forums now.

RP4EVER
09-17-2008, 01:50 PM
Ok I'm convinced Ben Bernake trolls our forums now.

how so?

closed at -450.54

cska80
09-17-2008, 01:56 PM
how so?

closed at -450.54

He's evil and shook his magic wand over the markets to have them close near what we predicted.

ShowMeLiberty
09-17-2008, 01:56 PM
Close: -449.36

Ding! Ding! Ding! RPFs does it again!

How'd we all get so smart? ;)

voytechs
09-17-2008, 01:58 PM
Goldman down 20% today after posting worst quarter ever.

http://www.signonsandiego.com/news/business/20080916-1509-earns-goldmansachs.html

RideTheDirt
09-17-2008, 02:16 PM
http://img187.imageshack.us/img187/4415/nysecopynp4.jpg (http://www.imagehosting.com/)

Conza88
09-17-2008, 06:53 PM
^ lol..