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Thread: Stocks...how much longer

  1. #1
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    Default Stocks...how much longer

    Sounds to me like it won't be too long before the market takes a complete dump...another beating today. This is with the feds pumping 'money' into the economy last week - if they hadn't done that the stock market would REALLY be down...so the question is how much longer can it hang on before going into a freefall?? Am I wrong or is there a set limit to how much the market can lose?? Like if it loses 1000 points the markets close or have I been doing some of ZG's drugs???

  2. #2

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    Quote Originally Posted by person1125 View Post
    Sounds to me like it won't be too long before the market takes a complete dump...another beating today. This is with the feds pumping 'money' into the economy last week - if they hadn't done that the stock market would REALLY be down...so the question is how much longer can it hang on before going into a freefall?? Am I wrong or is there a set limit to how much the market can lose?? Like if it loses 1000 points the markets close or have I been doing some of ZG's drugs???
    This is it - what us goldbugs have been waiting 20-years for. Screaming freefall, up next! BONZAI! zg
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
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    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
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  3. #3

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    FTSE slumps more than 250 points

    By FT Reporters
    August 16 2007 17:25


    Shares in London accelerated declines at the end of a frantic session that saw the index of the UK’s leading companies end down more than 4 per cent.

    The fall, the biggest one-day loss in four years, was sparked by more selling on Wall Street where worries about the housing market were aggravated by figures showing the house building in the US fell to its lowest point in a decade last month.

    ...more - http://www.ft.com/cms/s/47122c40-4bb...0779fd2ac.html

    --------------
    Asian market sell-down continues

    By Andrew Wood in Hong Kong and Mariko Sanchanta in Tokyo
    Last updated: August 16 2007 11:08

    Asia Pacific shares posted some of their worst intra-day falls this year, with some markets faring as badly as in the days following the September 11, 2001 terrorist attacks. Regional currencies tumbled too as more subprime-mortgage worries oozed out of the US and foreign investors liquidated higher risk emerging-market investments and turned their cash into US dollars.
    Nearly all of this year’s gains on the MSCI Asia-Pacific Index have been wiped out by recent declines. It slid 2.8 per cent on Thursday alone.

    ...more - http://www.ft.com/cms/s/6ecc7ff4-4b9...0779fd2ac.html
    Last edited by zengrifter; August 16th, 2007 at 10:05 PM.
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

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