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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 12:37 PM
Original message
2 o'clock tumble?
Lets watch....

The market has been puking at 2 pm EST, often of late.

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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 12:47 PM
Response to Original message
1. yeah, I noticed that, too
... watching for the same thing. :popcorn:
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MorningGlow Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 12:49 PM
Response to Original message
2. Oh please--it was bad enough around noon
I'm watching some shares for my aunt. These were over $100 per last July. Today at noon they were worth $23 per. They're back up at the moment, and I don't really want to know how low they can go. :scared:
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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 12:50 PM
Response to Original message
3. -102 @ 1:50
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 12:55 PM
Response to Original message
4. -117.16 @ 1:55 (...and away we go...) n/m
Edited on Thu Oct-09-08 12:55 PM by AndyA
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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 01:00 PM
Response to Original message
5. -121 @ 2:00
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 01:39 PM
Response to Original message
6. -179 at 2:38
-179.68 (-1.94%)
Real-time: 2:38PM EDT
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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:06 PM
Response to Original message
7. -292 @ 3:00 - 8960 We are now in 2003
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:11 PM
Response to Reply #7
8. We're in 1998, the way I see it. The first time we sustained over 9000 was in '98
We crashed after 9/11 and the war back down there, but that's kind due to a nervousness external to the markets. Maybe its the wrong way to think about it, but I look towards the first time a number was reached. :shrug:
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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:16 PM
Response to Original message
9. 2 o'clock must be announcement time...
Edited on Thu Oct-09-08 02:17 PM by LeftHander
Bad news in this climate trips the selling
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 03:05 PM
Response to Original message
10. -634 @ close
8,623.31
-634.79 (-6.86%)
Oct 9 - Close

ouch. :(
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 10:51 AM
Response to Original message
11. kick
will the tumble trend continue? My bet is yes.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 10:59 AM
Response to Original message
12. That's when the final price for Lehman CDS auction will be publicized.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:48 PM
Response to Original message
13. started at 1 today
8,062.51
-516.68 (-6.02%)
Real-time: 1:47PM EDT Open: 8,568.67 Mkt Cap: - P/E: - Dividend: -
High: 8,687.11 52Wk High: 14,279.96 F P/E: - Yield: -
Low: 7,882.51 52Wk Low: 7,882.51 Beta: - Shares: -
V
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:50 PM
Response to Original message
14. Here it comes. Below 8,000 already.
And still 10 minutes until 2:00!

Oops, just bounced back a bit.
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tuckessee Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:50 PM
Response to Original message
15. Down 595.05 Just fell below 8,000. n/t
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:54 PM
Response to Reply #15
17. Your so right
yesterday a trader on CNN said the last hour of trading Thur. was panic selling.
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:52 PM
Response to Original message
16. Looks like we are about to duck under 8K. nt
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:56 PM
Response to Reply #16
18. Next support level 7200 n/t
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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:57 PM
Response to Reply #18
19. YEP
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:59 PM
Response to Reply #18
21. Might just get there today..
Things are going to get scary these next two hours.
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TornadoTN Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:58 PM
Response to Original message
20. -527.59 and falling, we'll be lucky to stay above 7800 today n/t
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:59 PM
Response to Original message
22. Yes the last hour has been the day's story for a couple of weeks
The rumor is this is big players dumping to get cash to cover their investors' accounts that are closing.
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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:03 PM
Response to Original message
23. Yup...2 o'clock tumble nothing but bad news....
coming...
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