DOW/Market Watch Wednesday the 15th

[rockjoa]

Currently the market opening doesn't look good at this time

Futures
http://money.cnn.com/data/premarket/

dow down -193
nasdaq down -13.5

Will the market pull up or tank down today?

[Bruno]

looks lilke Monday really was a dead cat bounce. Down 147 now and falling

Bernanke speaking in three minutes.

[ghengis86]

looks lilke Monday really was a dead cat bounce. Down 147 now and falling

Bernanke speaking in three minutes.

can someone track the drop of the dow while bernanke speaks and report on it? something like "during ben's speaking segment, the dow lost 500pts, or 50pts/minute, 3pts/word, and 200pts/use of the word 'rescue'"

[Bruno]

can someone track the drop of the dow while bernanke speaks and report on it? something like "during ben's speaking segment, the dow lost 500pts, or 50pts/minute, 3pts/word, and 200pts/use of the word 'rescue'"


Sorry, its in two and a half hours not three minutes.

But I will try to watch and report. It might look like this:

"Good morning, my name is Ben Bernanke..." Dow drops 700 points

[rockjoa]

Stop putting Bush, Bernanke, and Paulson on TV! Fire them and replace with someone who will examine and fix our monetary system and not make it worse.

[ghengis86]

Stop putting Bush, Bernanke, and Paulson on TV! Fire them and replace with someone who will examine and fix our monetary system and not make it worse.

sorry, that would make sense.

[rockjoa]

Down 240:(

http://www.davemanuel.com/images/dead_cat_bounce.jpg

[FrankRep]

Stocks are getting hammered. I feel sorry for the people who thought, "Hey the stocks are starting to go back up, I'm buying!" Suckers.

[ItsTime]

should end down about 400.

[DirtMcGirt]

Isn't the S&P 500 a better indication of how stocks are doing?

FYI-It is down 3.5% compared to 2.9% djia

[ItsTime]

Isn't the S&P 500 a better indication of how stocks are doing?

FYI-It is down 3.5% compared to 2.9% djia

yes

[rockjoa]

Down 320, back to 8000's. So much for the rally

[dwdollar]

It looks like the European stocks are going to close down big. It's too early to say for SURE whether Monday was a sucker rally. We haven't made it back down yet. However, by friday, I bet we are back down to the previous lows or close to them. CNBC will be bragging about Oct. 13 for three months though, as if it were still relevant.

[Scribbler de Stebbing]

can someone track the drop of the dow while bernanke speaks and report on it? something like "during ben's speaking segment, the dow lost 500pts, or 50pts/minute, 3pts/word, and 200pts/use of the word 'rescue'"

Maybe Frank (FY, Frank) will let us use his Frankometer to track the DOW while Bernanke speaks. Some small, evil part of me wants to run wires from the trading board to Bernanke . . . oh, never mind.

[Dustancostine]

Maybe Frank (FY, Frank) will let us use his Frankometer to track the DOW while Bernanke speaks. Some small, evil part of me wants to run wires from the trading board to Bernanke . . . oh, never mind.

I 2nd this motion. :D

[N13]

Down 240:(

http://www.davemanuel.com/images/dead_cat_bounce.jpg

BWHAHAHAHA

Dead cat bounce!!!

They go further when dropped from really high places.

[ghengis86]

-500

[rockjoa]

As predicted huge drop after Bernanke speech. What do they expect? People are getting wise to them telling the same lie and covering their own tracks.

[ihsv]

http://www.ronpaulky.org/market.jpg

[angelatc]

Maybe Frank (FY, Frank) will let us use his Frankometer to track the DOW while Bernanke speaks. Some small, evil part of me wants to run wires from the trading board to Bernanke . . . oh, never mind.

And put the sensors in the hands of the traders. Those are the guys that cheered for Ron Paul when hardly anybody else listened to him.

[JenH88]

http://www.ronpaulky.org/market.jpg

LMFAOOO... "how low can ya go.. how low can ya go".. (dances around) LMFAO.. :D

[rockjoa]

http://img87.imageshack.us/img87/7070/farnsworth11hj.jpg
The DOW is fluctuating wildly

[moostraks]

we are in the last 10 minutes and things look ugly...ppt to the rescue???

[rockjoa]

Ouch down -650

[ghengis86]

nope, we're in free fall

[enter`name`here]

wow nearing -700 in last few mins.

EDIT: nearing -750!

[Wadesc]

Thanks for the FailOut Ben.

You can't defy gravity forever. Here come the mass socialization policies. This Fiat economic system just cracked and people are catching wind of it.

Just wait till we see mass panic on the evening news programs.

[ItsTime]

This is with the 250billion the US taxpayer buying spree?

[moostraks]

This is with the 250billion the US taxpayer buying spree?

disheartening ain't it???

[MikeStanart]

Wow, I was expecting a 300 or so drop today, but wow...just wow.

[ItsTime]

disheartening ain't it???

Well I figured it wouldnt help so no. I hope it disheartens those who believe Obama and McCain when they said it would work.

[rockjoa]

http://z.about.com/d/politicalhumor/1/0/h/t/1/bernanke_rate_cut.jpg