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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:15 PM Original message |
Are we looking on Tuesday at a one-day stock market collapse like in 1987? |
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keep_it_real (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:16 PM Response to Original message |
1. We shall see |
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edhopper (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:18 PM Response to Original message |
2. Probably |
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whistle (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:18 PM Response to Original message |
3. Probably yes through the end of the week |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:20 PM Response to Original message |
4. here's hoping |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:29 PM Response to Reply #4 |
10. Yeah, but a lot of poor and average people are going to get hurt in the crossfire. |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 02:14 AM Response to Reply #10 |
27. they're getting hurt one way or another |
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Ikonoklast (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:22 PM Response to Original message |
5. Asian markets getting clobbered right now. |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:24 PM Response to Reply #5 |
6. Wow, thanks. That should be posted by itself. |
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Nite Owl (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:24 PM Response to Original message |
7. Looks like a whole lot of |
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Ichingcarpenter (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:27 PM Response to Original message |
8. The Feds will but the brakes on which they do at -350 |
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Ikonoklast (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:34 PM Response to Reply #8 |
12. I posted on another thread that the curbs will be in |
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Ichingcarpenter (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:39 PM Response to Reply #12 |
14. They have the M-3 money supply to pour money in to the market |
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Ikonoklast (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:48 PM Response to Reply #14 |
16. Any injection of capital at this point |
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Ichingcarpenter (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 11:10 PM Response to Reply #16 |
18. Trillions were poured into the banking system since August by the Feds |
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Ichingcarpenter (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 11:36 PM Response to Reply #18 |
19. The market will be lower than when Bush came to office tomorrow. |
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whistle (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:28 PM Response to Original message |
9. That would require a one day drop of more that 22.6%, so can we see a |
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FlyingSquirrel (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:30 PM Response to Reply #9 |
11. What else happened in 1987? Hmmm lemme think.... |
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tabasco (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 01:51 AM Response to Reply #9 |
23. The Dow was about 10,600 when Bush came in. n/t |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:37 PM Response to Original message |
13. I'm not convinced of it |
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FlyingSquirrel (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:45 PM Response to Reply #13 |
15. I don't think the "stimulus package" had anything to do with the slide over there |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 12:11 AM Response to Reply #15 |
21. Well, perhaps not the stimulus package as much as a lack of a cure |
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2hip (350 posts) Send PM | Profile | Ignore | Tue Jan-22-08 12:27 AM Response to Reply #13 |
22. Me neither |
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tabasco (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 04:12 PM Response to Reply #22 |
29. Even with a .75% rate cut, it finished below 12,000. |
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kelligesq (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 10:50 PM Response to Original message |
17. I dont understand-markets worldwide down-but so is gold & silver - are |
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Ichingcarpenter (1000+ posts) Send PM | Profile | Ignore | Mon Jan-21-08 11:47 PM Response to Reply #17 |
20. The deal now is on currency |
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Tatiana (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 02:00 AM Response to Reply #20 |
25. Will the Chinese & other foreigners start buying up stock, temporarily staunching the bloodletting? |
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Ichingcarpenter (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 02:31 AM Response to Reply #25 |
28. There is an equilibrium that must be taken slowly |
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Eurobabe (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 01:59 AM Response to Original message |
24. Yes, I say down 450 for the day. |
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JCMach1 (1000+ posts) Send PM | Profile | Ignore | Tue Jan-22-08 02:13 AM Response to Original message |
26. My hope is that much of the pain in the US is priced-in already |
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