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chris spiro
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April 15 2010 6:41 PM   QuickQuote Quote  
Originally posted by: Pollcat

tried to tell people to get into pown but no one wanted to listen to me. oh well i will take my profits and laugh.



I'm usually pretty weary of those pink sheet stocks. weak volume, sporadic news, and almost no SEC requirements or oversight. Did you already sell, or are you still holding this?
Pollcat
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April 15 2010 8:45 PM   QuickQuote Quote  
Originally posted by: chris spiro

Originally posted by: Pollcat

tried to tell people to get into pown but no one wanted to listen to me. oh well i will take my profits and laugh.



I'm usually pretty weary of those pink sheet stocks. weak volume, sporadic news, and almost no SEC requirements or oversight. Did you already sell, or are you still holding this?



you should definitely be weary. if you doing enough research you can sometimes catch a pump and dump. never put to much money in them. never more then you are willing to lose. its fun following them.

the one i posted above i dumped the majority awhile ago. kept some just to see what it does. figured ahhh its all profit anyways. picked up some more though alittle bit ago because there is alot of talk about him announcing some big news this weekend at the comic convention. will more then likely get rid of it tomorrow.
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May 5 2010 8:46 PM   QuickQuote Quote  
Mechanical Birds
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May 6 2010 12:49 AM   QuickQuote Quote  
i know a kid who's 3 years younger than me who invests in some mutual fund made up of dryer sheets and soap and stuff. he invested $2k when he was 15 and it is now at like $18k. are mutual funds like this a relatively safe route to take? ever since he told me about this, i've been super interested, but like tommy i have no idea where to start. i figure i should talk to a broker. it's insane to me that there are billionaires whose soul income comes from the stock market.

WHICH WAY DO I GO TO GET A TON OF MONEY?
emofacial
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May 6 2010 2:00 AM   QuickQuote Quote  
Originally posted by: G uNiT UgLy


G uNiT UgLy
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May 7 2010 4:47 PM   QuickQuote Quote  
Originally posted by: emofacial

Originally posted by: G uNiT UgLy


Dwarn
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May 8 2010 3:21 AM   QuickQuote Quote  
Dwarn
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May 8 2010 3:28 AM   QuickQuote Quote  
Video: Senate Sellout Threatens Ron Paul's Audit the Fed Bill - View Video Here
click here for link
HEMPUSA
HEMPUSA2
(AFP) - Merkel blasts 'treacherous' banks in Greek crisis
German Chancellor Angela Merkel on Thursday slammed "treacherous" practices by banks during the Greek crisis and said governments must crack down on speculators hunting profits in the turmoil. Read More Here
(GlobalResearch) - The Global Economic Crisis, The Great Depression of the XXI Century - Michel Chossudovsky
The following text is the Preface of The Global Economic Crisis. The Great Depression of the XXI Century, Michel Chossudovsky and Andrew Gavin Marshall (Editors), Montreal, Global Research, 2010, which is to be launched in late May.
Each of the authors in this timely collection digs beneath the gilded surface to reveal a complex web of deceit and media distortion which serves to conceal the workings of the global economic system and its devastating impacts on people's lives. Read More Here
(C-SPAN) - Video: Ron Paul - Money Isn't Worth What It Used To Be! - View Video Hereclick here for link
(Infowars) - Video: Bankers Laughing All the Way to the Bank
The 'Audit the Fed' bill has been watered down by Senator Bernard Sanders right at the last minute (a common strategy: pretend to be a populist, then at the last minute, the politician "gives in" in the spirit of compromise). The Audit the Fed bill could go to vote in the Senate any day now. View Video Hereclick here for link
(Infowars) - Video: Greg Palast Tells How The IMF Set-Up Iceland & Greece on Alex Jones TV - View Video Hereclick here for link
(StraitsTimes) - Romania braces for austerity
ROMANIA braced on Friday for a wave of protests after the president unveiled austerity cuts in public sector wages and pensions to meet a deficit target set by the IMF and avoid a Greek emergency scenario. Read More Here
(CNSNews) - Sen. Shelby: Financial Reform Violates Privacy
Sen. Richard Shelby (R-Ala.), senior Republican on the Senate Banking Committee, said that provisions in the new financial regulatory bill violate privacy rights by allowing the government to collect any financial information it wants from any financial institution it wants. Read More Here
(GlobalResearch) - Economic Slash and Burn: Greece's Deadly Austerity Measures
The Greek government, and its citizens, are feeling the economic pinch. A brutal reaction to protestors who fear the winding back of the country's social system has stunned visitors and the public alike. A general strike has been in progress that has crippled schools, hospitals, airline flights and ferries. Protestors have swarmed around the central square in front of Parliament. Read More Here
(USAWatchdog) - The Canary is Dead
In the early days of coal mining, canaries acted as a warning that odorless poisonous gas was present. If there was a dangerous gas build-up, the canary would be the first to keel over. You can use the "canary in a coal mine" metaphor to describe the situation in today's financial world. Greece is the canary. Read More Hereclick here for link
(BusinessInsider) - The "Real" Unemployment Rate Jumps To 17.1%
The BLS's U-6 number, which is sometimes called the "real" unemployment rate, because it takes into discouraged workers who aren't looking for work ticked up in April from 16.9% to 17.1%. Read More Here
(Bloomberg) - SEC Probes Whether Shock Stock Plunge Exploited Illegally
U.S. regulators plan to examine whether securities professionals triggered yesterday's stock- market plunge or exploited the turmoil to profit illegally, two people with direct knowledge of the matter said. Read More Here
(Xinhua) - Greek protesters encircle parliament as new austerity measures approved
Tens of thousands of Greek citizens marched in the center of Athens on Thursday afternoon, encircling the parliament building, while inside the bill on the new austerity measures was approved. Read More Hereclick here for link
(BusinessInsider) - Amazing Audio From The S&P 500 Pits As The Market Goes Into Complete Collapse - Audio Link Hereclick here for link
(PrisonPlanet) - Audit the Fed Amendment Modified - Allows Fed To Keep Secrets
Ron Paul just posted the following message on Facebook:
Ron Paul: "Bernie Sanders has sold out and sided with Chris Dodd to gut Audit the Fed in the Senate. His "compromise" is what the Administration and banking interests want: they'll allow the TARP and TALF to be audited, but no transparency of the FOMC, discount window operations or agreement with foreign central banks. We need to take action and stop this!" Read More Here click here for link
(Neithercorp) - Economy Kept On Life Support While Global Governance Is Organized
While the mainstream media puts on the recovery song and dance, the fundamental problems of the collapse remain the same, and in some cases are growing ever more precarious. Subsections of the public, unaware of the real issues at hand, are holding a misguided jubilee in the tranquil eye of a hurricane, wrongly assuming that the storm has passed. Read More Here click here for link
(FireDogLake) - As Dow Swings, Obama To Come Out Against Audit the Fed Today - Read More Hereclick here for link
(Bloomberg) - Video: Marc Faber On Dow Plunge
"The governments are all bankrupt and they can only survive by printing money" - View Video Hereclick here for link
RazorRamon
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May 8 2010 3:32 AM   QuickQuote Quote  
classic dwarn
Dwarn
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May 8 2010 4:06 AM   QuickQuote Quote  
If Only One Forecast Came True? (Updated)
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Posted by sakerfa on May 6, 2010

Harry Dent (investor)
A very likely second crash by late 2010. The coming depression (starts around the summer of 2010). Dent sees the stock market-currently benefiting from upward momentum and peppier economic activity-headed for a very brief and pleasant run that could lift the Dow to the 10,700-11,500 range from its current level of about 10.090. But then, he sees the market running into a stone wall, which will be followed by a nastystock market decline (starting in early March to late April) that could drive down the Dow later this year to 3,000-5,000, with his best guess about 3,800.

Joseph Meyer
Forecasts on the economy. He sees the real estate market continuing to decline, and advised people to invest in precious metals and commodities, as well as keeping cash at home in a safe place in case of bank closures. The stock market, after peaking in March or April (around 10,850), will fall all the way down to somewhere between 2450 and 4125 during the next leg down.

LEAP 20/20
2010 Outlook from a group of 25 European Economists with a 90% accuracy rating- We anticipate a sudden intensification of the crisis in the second half of 2010, caused by a double effect of a catching up of events which were temporarily « frozen » in the second half of 2009 and the impossibility of maintaining the palliative remedies of past years. There is a perfect (economic) storm coming within the globalfinancial markets and inevitable pressure on interest rates in the U.S. The injection of zero-cost money into the Western banking system has failed to restart the economy. Despite zero-cost money, the system has stalled. It is slowly rolling over into the next big down wave, which in Elliott Wave terminology will be Super Cycle Wave Three, or in common language, "THE BIG ONE, WHERE WE ALL GO OVER THE FALLS TOGETHER."

Webbots
July and onward things get very strange. Revolution. Dollar dead by November 2010.

Neithercorps
Have projected that the third and final stage of the economic collapse will begin sometime in 2010. Barring some kind of financial miracle, or the complete dissolution of the Federal Reserve, a snowballing implosion should become visible by the end of this year. The behavior of the Fed, along with that of the IMF seems to suggest that they are preparing for a focused collapse, peaking within weeks or months instead of years, and the most certain fall of the dollar.

Igor Panarin
In the summer of 1998, based on classified data about the state of the U.S. economy and society supplied to him by fellow FAPSI analysts, Panarin forecast the probable disintegration of the USA into six parts in 2010 (at the end of June - start of July 2010, as he specified on 10 December 2000

Bob Chapman
First 6 months of 2010, Americans will continue to live in the 'unreality'.the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications .(source is from insider at FED meetings). In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. The FDIC will collapse in September 2010. Commercial real estate is set to implode in 2010. Wall Street believes there is a 100% chance of crash in bond market, especially municipals sometime during 2010. The dollar will be devalued by the end of 2010.

Gerald Celente
Terrorist attacks and the "Crash of 2010?. 40% devaluation at first = the greatest depression, worse than the Great Depression.

Unnamed Economist working for US Gov't (GLP)
What we have experienced the last two years is nothing to what we are going to experience this year. If you have a job now.you may not have it in three to six months. (by August 2010). Stock market will fall = great depression. Foreign investors stop financing debt = collapse. 6.2 million are about to lose their unemployment.

Lindsey Williams
Dollar devalued 30-50% by end of year. It will become very difficult for the average American to afford to buy even food. This was revealed to him through an Illuminati insider.
click here for link

Peter Schiff (3/13/2010)
"In my opinion, the market is now perfectly positioned for a massive dollar sell-off. The fundamentals for the dollar in 2010 are so much worse than they were in 2008 that it is hard to imagine a reason for people to keep buying once a modicum of political and monetary stability can be restored in Europe. In fact, the euro has recently stabilized. My gut is that the dollar sell-off will be sharp and swift. Once the dollar decisively breaks below last year's lows, many of the traders who jumped ship in the recent rally will look to re-establish their positions. This will accelerate the dollar's descent and refocus everyone's attention back on thefinancial train-wreck unfolding in the United States. Any doubts about the future of the U.S. dollar should be laid to rest by today's announcement that San Francisco Federal Reserve President Janet Yellen has been nominated to be Vice Chair of the Fed's Board of Governors, and thereby a voter on the interest rate-setting, seven-member Open Markets Committee. Ms. Yellen has earned a reputation for being one of the biggest inflation doves among the Fed's top players." Schiff is famous for his accurate predictions of theeconomic events of 2008.

James Howard Kunstler (January 2010)
The economy as we've known it simply can't go on, which James Howard Kunstler has been saying all along. The shenanigans with stimulus and bailouts will just compound the central problem with debt. There's not much longer to go before the whole thing collapses and dies. Six Months to Live-The economy that is. Especially the part that consists of swapping paper certificates. That's the buzz I've gotten the first two weeks of 2010.

Richard Mogey
Current Research Director at the Foundation for the Study of Cycles- Because of a convergence of numerous cycles all at once, the stock market may go up for a little while, but will crash in 2010 and reach all-time lows late 2012. Mogey says that the 2008 crash was nothing compared to the coming crash. Gold may correct in 2009, but will go up in 2010 and peak in 2011. Silver will follow gold.

Robert Prechter
Founder of Elliott Wave International, implores retail investors stay away from the markets. for now. Prechter, who was bullish near the lows in March 2009, now says the stock market "is in a topping area."predicting another crash in 2010 that will bring stocks below the 2009 low. His word to the wise, "be patient, don't rush it" keep your money in cash and cash equivalents.

John P. Hussman, Ph.D.
In my estimation, there is still close to an 80% probability (Bayes' Rule) that a second market plunge and economic downturn will unfold during 2010.

Robin Landry (Market Expert)
I believe we are headed to new market highs between 10780-11241 over the next few months. The most likely time frame for the top is the April-May area. Remember the evidence IMHO still says we are in a bear market rally with a major decline to follow once this rally ends.

Alpha-Omega Report (Trends Forecast)
Going into 2010, the trends seemed to lead nowhere or towards oblivion. Geo-politically, the Middle East was and is trending towards some sort of military clash, most likely by mid-year, but perhaps sooner.At the moment, it seems 2010 is shaping up to be a year of absolute chaos. We see trends for war between Israel and her neighbors that will shake every facet of human activity.In the event of war, we see all other societal trends being thoroughly disrupted.Iran will most likely shut off the flow of oil from the Persian Gulf. This will have immense consequences for the world's economy. Oil prices will skyrocket into the stratosphere and become so expensive that world's economies will collapse..There are also trend indicators alongeconomic lines that point to the potential for a total meltdown of the world's financial system with major crisis points developing with the change of each quarter of the year. 2010 could be a meltdown year for the world's economy, regardless of what goes on in the Middle East.

Eric deCarbonnel
There is no precedence for the panic and chaos that will occur in 2010. The global food supply/demand picture has NEVER been so out of balance. The 2010 food crisis will rearrange economic, financial, and political order of the world, and those who aren't prepared will suffer terrible losses.As the dollar loses most of its value, America's savings will be wiped out. The US service economy will disintegrate as consumer spending in real terms (ie: gold or other stable currencies) drops like a rock, bringing unemployment to levels exceeding the great depression. Public health services/programs will be cut back, as individuals will have no savings/credit/income to pay for medical care. Value of most investments will be wiped out. The US debt markets will freeze again, this time permanently. There will be no buyers except at the most drastic of firesale prices, and inflation will wipe away value before credit markets have any chance at recovery. The panic in 2010 will see the majority of derivatives end up worthless. Since global derivatives markets operate on the assumption of the continued stable value of the dollar and short term US debt, using derivatives to bet against the dollar is NOT a good idea. The panic in 2010 will see the majority of derivatives end up worthless. The dollar's collapse will rob US consumers of all purchasing power, and any investment depend on US consumption will lose most of its value.

WALL STREET JOURNAL- (2/2010)
"You are witnessing a fundamental breakdown of the American dream, a systemic breakdown of our democracy and our capitalism, a breakdown driven by the blind insatiable greed of Wall Street: Dysfunctional government, insane markets, economy on the brink. Multiply that many times over and see a world in total disarray. Ignore it now, tomorrow will be too late."

Lyndon Larouche
The crisis is accelerating and will become worse week by week until the whole system grinds into a collapse, likely sometime this year. And when it does, it will be the greatest collapse since the fall of the Roman Empire.

Niño Becerra (Professor of Economics)
Predicted in July 2007 that what was going to happen was that by mid 2010 there is going to be a crisis only comparable to the one in 1929. From October 2009 to May 2010 people will begin to see things are not working out the way the government thought. In May of 2010, the crisis starts with all its force and continues and strengthens throughout 2011. He accurately predicted the current recession and market crash to the month.

Richard Russell (Market Expert)

(from 2/3/10) says the bear market rally is in the process of breaking up and panic is on the way. He sees a full correction of the entire rise from the 2002 low of 7,286 to the bull market high of 14,164.53 set on October 9, 2007. The halfway level of retracement was 10,725. The total retracement was to 6,547.05 on March 9, 2009. He now sees the Dow falling to 7,286 and if that level does not hold, "I see it sinking to its 1980-82 area low of Dow 1,000." The current action is the worst he has ever seen. (Bob Chapman says for Russell to make such a startling statement is unusual because he never cries wolf and is almost never wrong)
G uNiT UgLy
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June 4 2010 6:03 PM   QuickQuote Quote  
June 4 (Bloomberg) -- U.S. stocks sank, with the Standard & Poor's 500 Index falling to its lowest level in four months, as slower-than-estimated jobs growth spurred concern the economic recovery may not be as robust as forecast.

G uNiT UgLy
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June 4 2010 6:04 PM   QuickQuote Quote  
Originally posted by: emofacial

Originally posted by: G uNiT UgLy


Pollcat
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June 4 2010 6:34 PM   QuickQuote Quote  
still up forty percent ytd
G uNiT UgLy
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June 4 2010 6:41 PM   QuickQuote Quote  
^sure, ytd, because it went into the 6000's when it hit the bottom. and yeah, it will probably hover right around 10. but the idea that it will be back to 14 anytime soon is laughable.
Pollcat
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June 4 2010 6:53 PM   QuickQuote Quote  
oh im not saying it will hit 14 anytime soon. I was referring to what my portfolio is at. After the pounding the market has gone through recently I am just happy at where I sit. I do think it will start to climb once people calm down from the whole BP and Europe ordeal.
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