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View Full Version : Its 6:30 AM on Oct. 6, and WORLD MARKETS are MELTING !




Falseflagop
10-06-2008, 04:20 AM
Asia down anywhere from 4-6 percentage same currently on EUROPE and US futures are down 250 already, smells like BIG BEN probably will cut rates today with a surprised cut imho.

Becareful like Larry Lepard has stated.

eric_cartman
10-06-2008, 04:24 AM
and gold just went parabolic. $858 at the moment.

http://www.kitco.com/charts/livegold.html

RickyJ
10-06-2008, 04:30 AM
What goes up must come down. Except with fiat money. It will continue to go in up in amount becasue it will be worth less everyday. Will your paychecks also continue to go up? If they don't you will be experience a pay cut without actually getting a pay cut.

Texan4Life
10-06-2008, 04:36 AM
Russia is down 15-17%

Cowlesy
10-06-2008, 04:38 AM
Dow Futures have clawed back about 105pts from the low this morning.

angelatc
10-06-2008, 04:39 AM
Dow Futures have clawed back about 105pts from the low this morning.

Volume?

DFF
10-06-2008, 04:39 AM
Uh oh! :eek:

freelance
10-06-2008, 04:43 AM
The spin will be, "Imagine how bad it would have been without the bailout. This is just the beginning. We'll need more, and we'll use every tool available... USA, USA, USA!"

micahnelson
10-06-2008, 04:48 AM
The spin will be, "Imagine how bad it would have been without the bailout. This is just the beginning. We'll need more, and we'll use every tool available... USA, USA, USA!"

Is the nuclear option off the table?

"Dollar surged against the Yen as Tokyo sits in flames...."

freelance
10-06-2008, 04:49 AM
Is the nuclear option off the table?

"Dollar surged against the Yen as Tokyo sits in flames...."

What's the nuclear option in this context? Amero?

DFF
10-06-2008, 05:54 AM
He means [literally] destroying the competition.

Texan4Life
10-06-2008, 07:12 AM
Brazil down 10%

our markets should be opening in about 2 mins.......

DirtMcGirt
10-06-2008, 07:18 AM
Dow down 270. three minutes into trading

Bruno
10-06-2008, 07:18 AM
Down 280 in the first three minutes. Nice. Gold up $37.

Bailout working perfectly. All is well, please disburse. :rolleyes:

gilliganscorner
10-06-2008, 07:41 AM
Notice how CNN's web page is completely silent on the "positive" effects of passing the bailout package?

As we all knew?

ryanduff
10-06-2008, 07:55 AM
Notice how CNN's web page is completely silent on the "positive" effects of passing the bailout package?

As we all knew?

They already put that spin on it Friday afternoon once the market tanked.... "It takes time for the bailout package to work. We didn't expect to see instant results."