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Reply #78: Unfortunately I think so too Nadin...severe slowdown and maybe I should [View All]

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gopbuster Donating Member (715 posts) Send PM | Profile | Ignore Fri Oct-10-08 03:25 PM
Response to Reply #76
78. Unfortunately I think so too Nadin...severe slowdown and maybe I should
Edited on Fri Oct-10-08 03:25 PM by gopbuster
re-phrase that to "the $3t - $5 trillion question"
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  -Ok the DOW has maintained for half an hour nadinbrzezinski  Oct-10-08 11:53 AM   #0 
  - No, yesterday was here or higher...  originalpckelly   Oct-10-08 11:54 AM   #1 
  - Yep. Between two and four..  bemildred   Oct-10-08 11:57 AM   #7 
  - No...  Juniperx   Oct-10-08 11:54 AM   #2 
  - And this is Friday, when traders don't want to keep the bags  question everything   Oct-10-08 11:56 AM   #6 
  - they said on the news the last hour is the hour to watch nt  marlakay   Oct-10-08 11:54 AM   #3 
  - It has been for a few....  nadinbrzezinski   Oct-10-08 11:57 AM   #8 
  - Too early to say, but I hope we're mostly through the selloff phase.  Occam Bandage   Oct-10-08 11:55 AM   #4 
  - Who knows? Somebody this AM said they believed the floor was 8,200.  napi21   Oct-10-08 11:55 AM   #5 
  - This looks like a short term bottom  gravity   Oct-10-08 11:59 AM   #9 
  - heh. Funny how our expectations have lowered.  phantom power   Oct-10-08 11:59 AM   #10 
  - I believe the support level is 7800-8400  Juniperx   Oct-10-08 11:59 AM   #11 
  - This is how positive I am about this... it will reach the level it came down from  nadinbrzezinski   Oct-10-08 12:01 PM   #14 
  - I think the huge bounce indicated we don't have a floor  NYCALIZ   Oct-10-08 11:59 AM   #12 
  - Agreed. Bargain seekers are feeling out the market  TornadoTN   Oct-10-08 01:06 PM   #39 
  - Jinx!  jayfish   Oct-10-08 12:00 PM   #13 
  - Well we need to find a floor SOMETIME?  nadinbrzezinski   Oct-10-08 12:02 PM   #15 
     - You've Got Some Strong Mojo There NB.  jayfish   Oct-10-08 03:06 PM   #73 
  - Don't we have the auctions at 2pm?  Mojorabbit   Oct-10-08 12:06 PM   #16 
  - I think, don't quote me here, that we already did  nadinbrzezinski   Oct-10-08 12:17 PM   #17 
  - Ayup...slight bounce up after uncertainty was removed but falling again  Roland99   Oct-10-08 01:45 PM   #55 
  - Who knows?  cwilheim   Oct-10-08 12:26 PM   #18 
  - I am expecting a deep recession not quite a depression  nadinbrzezinski   Oct-10-08 12:31 PM   #19 
  - It just hit -478.77. There is no floor.  tuckessee   Oct-10-08 12:37 PM   #20 
  - OMG. This is just amazing! I remember when it crahsed in '87.  mycritters2   Oct-10-08 12:39 PM   #21 
  - WEEEE!!!!!!!!!!  nadinbrzezinski   Oct-10-08 12:39 PM   #22 
     - I wish it had found the floor as well.  tuckessee   Oct-10-08 12:47 PM   #26 
  - I think they have priced in major non real-estate deflation already, so there's room for  Kurt_and_Hunter   Oct-10-08 12:39 PM   #23 
  - 7,400 or lower  seemslikeadream   Oct-10-08 12:40 PM   #24 
  - I subscribe to this formula: Only when all the bad news is out will a floor be established...  Blackhatjack   Oct-10-08 12:40 PM   #25 
  - That sounds sensible. nt  Kristi1696   Oct-10-08 12:52 PM   #30 
  - Paulson was hinting yesterday that more banks will fall..  Virginia Dare   Oct-10-08 01:31 PM   #52 
     - It is inaccurate to say banks won't lend because they don't know about other banks...  Blackhatjack   Oct-10-08 01:44 PM   #54 
        - That makes sense...  Virginia Dare   Oct-10-08 01:50 PM   #57 
        - dupe..  Virginia Dare   Oct-10-08 01:50 PM   #58 
        - exactly  Two Americas   Oct-10-08 02:53 PM   #72 
  - Nadin? Have You Read anything from Ravi Batra?  fascisthunter   Oct-10-08 12:48 PM   #27 
  - Yes, and he's been off by a couple decades  nadinbrzezinski   Oct-10-08 12:54 PM   #31 
     - Really? Thom Hartmann Doesn't Seem to think so...  fascisthunter   Oct-10-08 01:20 PM   #45 
        - I read his book the coming depression of 1990... as I said he's been off  nadinbrzezinski   Oct-10-08 01:23 PM   #48 
  - End of the day will certainly tell some of the story.....  gopbuster   Oct-10-08 12:49 PM   #28 
  - They tried  nadinbrzezinski   Oct-10-08 12:55 PM   #33 
  - Just dipped below 8,000.  Kristi1696   Oct-10-08 12:51 PM   #29 
  - It is normal to re-test the area of support...so expect it. n/t  gopbuster   Oct-10-08 12:54 PM   #32 
  - I hate to think about my parents at this point  nadinbrzezinski   Oct-10-08 12:56 PM   #34 
  - Floor at 8000... talking head on the teevee  nadinbrzezinski   Oct-10-08 01:01 PM   #35 
  - But what is that floor based on?  Kristi1696   Oct-10-08 01:05 PM   #37 
  - It is testing a bottom  nadinbrzezinski   Oct-10-08 01:07 PM   #40 
  - The bankers need to be the ones welcoming regulation if they were thinking logically  TornadoTN   Oct-10-08 01:08 PM   #41 
  - Not at least for a couple generations  nadinbrzezinski   Oct-10-08 01:24 PM   #49 
  - I'm pretty sure we break 8000  anigbrowl   Oct-10-08 01:11 PM   #42 
  - The floor won't be found in just one day  TornadoTN   Oct-10-08 01:04 PM   #36 
  - This is true...time to set a new trading range could take a while. n/t  gopbuster   Oct-10-08 01:18 PM   #44 
     - It seems to be testing  nadinbrzezinski   Oct-10-08 01:20 PM   #46 
        - I think we are just basically in limbo for now. nt  gopbuster   Oct-10-08 01:22 PM   #47 
  - VIX is at 74.  girl gone mad   Oct-10-08 01:05 PM   #38 
  - All bets are off then...we're into irrational territory now  anigbrowl   Oct-10-08 01:12 PM   #43 
  - I just read an article regarding the rising VIX  Lone_Star_Dem   Oct-10-08 01:27 PM   #50 
     - thanks. n/t  girl gone mad   Oct-10-08 01:31 PM   #53 
  - We MIGHT be seeing a thaw in the credit markets... talking head on the TEeevee  nadinbrzezinski   Oct-10-08 01:28 PM   #51 
  - Yes, a floor is technically the point at which the market  BuyingThyme   Oct-10-08 01:46 PM   #56 
  - She brought out some discussion nothing wrong with that. :) n/t  gopbuster   Oct-10-08 02:17 PM   #60 
  - Witching hour is here  nadinbrzezinski   Oct-10-08 02:05 PM   #59 
  - Hell of a recovery  nadinbrzezinski   Oct-10-08 02:23 PM   #61 
  - If it doesn't tank before the close, I'll be impressed.  Kristi1696   Oct-10-08 02:27 PM   #64 
  - No, we're still in the basement. n/t  greguganus   Oct-10-08 02:24 PM   #62 
  - The market's been totally squerrelly today - now UP to only 80 down  Husb2Sparkly   Oct-10-08 02:25 PM   #63 
  - I have hope we may finish in the black today  spinbaby   Oct-10-08 02:28 PM   #65 
     - We will  nadinbrzezinski   Oct-10-08 02:38 PM   #69 
        - Somebody wants to serve that crow  nadinbrzezinski   Oct-10-08 03:38 PM   #80 
  - Plunge Protection Team  BrainStorm   Oct-10-08 02:28 PM   #66 
  - I'm sure it was them who put the stop in this AM at least..my guess.  gopbuster   Oct-10-08 02:31 PM   #68 
  - Its probably come up in anticipation of the G-7 miracle fix. n/t  gopbuster   Oct-10-08 02:30 PM   #67 
  - The fix ain't what they expect  nadinbrzezinski   Oct-10-08 02:39 PM   #70 
     - Historical close showing 8475 area right at the historical 200 monthly Moving average  gopbuster   Oct-10-08 03:06 PM   #74 
        - I am betting on a deep recession  nadinbrzezinski   Oct-10-08 03:21 PM   #76 
           - Unfortunately I think so too Nadin...severe slowdown and maybe I should  gopbuster   Oct-10-08 03:25 PM   #78 
              - 12 T... it took a 1T to get out of the depression  nadinbrzezinski   Oct-10-08 03:37 PM   #79 
                 - Yikes! n/t  gopbuster   Oct-10-08 03:57 PM   #81 
                    - Go ahead, call me Mrs Sunshine  nadinbrzezinski   Oct-10-08 04:03 PM   #83 
  - Obama announces small business plan and Dow is up to +90.  darkism   Oct-10-08 02:40 PM   #71 
  - Dow has finished the day -112.55. Floor may be near but not quite there yet.  Selatius   Oct-10-08 03:11 PM   #75 
     - Well will know tuesday if we are now at the floor  nadinbrzezinski   Oct-10-08 03:23 PM   #77 
     - True, but it was much, much lower earlier. And the Nasdaq is slightly up.  Unvanguard   Oct-10-08 03:59 PM   #82 
        - I'm not gonna say we're out of the woods yet until full Quarter 3 results are known.  Selatius   Oct-10-08 04:32 PM   #84 
 

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