Seen the stockmarkets today...? - GoFuckYourself.com

notime · 03-02-2009, 05:08 AM

http://finance.yahoo.com/news/World-...-14508122.html

Asia:
http://finance.yahoo.com/#market_summary_asia

Europe:
http://finance.yahoo.com/intlindices?e=europe

stonehammer · 03-02-2009, 05:28 AM

looks kinda bad....

StuartD · 03-02-2009, 05:32 AM

Dow -119.15 (-1.69%)

I wonder if it could dip below 7000 today.

J. Falcon · 03-02-2009, 05:39 AM

worse and worse

Sausage · 03-02-2009, 05:41 AM

Countries put out all these massive bailout and stim packages and the stock markets continue to tank... looks like investors have no confidence in the leadership.

notime · 03-02-2009, 07:50 AM

Dow falls below 7,000 as worries about banks mount
Dow Jones industrials fall below 7,000 as worries about global financial system surge

source: http://finance.yahoo.com/news/Dow-fa...-14510516.html

StuartD · 03-02-2009, 08:19 AM

wow, guess that answers my question.

notime · 03-02-2009, 08:34 AM

Quote:

Originally Posted by StuartD

Dow -119.15 (-1.69%)

I wonder if it could dip below 7000 today.

it's on 6900

notime · 03-02-2009, 08:37 AM

Will AIG fall ?
http://edition.cnn.com/2009/BUSINESS...ner/index.html

Tanker · 03-02-2009, 08:39 AM

Quote:

Originally Posted by notime

Will AIG fall ?
http://edition.cnn.com/2009/BUSINESS...ner/index.html

will they fail? shit I hope not we gave them 150 Billion and they just asked for 30 More

Tanker · 03-02-2009, 08:39 AM

Who at AIG is going to walk away with billions when they fail?

Ethersync · 03-02-2009, 08:41 AM

There is no support for the DOW until around 1,000 now that 7,000 is broken

I've said many times that the governments around the world WANT the markets to tank. They need investors to buy their bonds to fund all this bailout/stimulus crap. They will manipulate the markets to make things less stable. They are doing it already...

Unless you are a pro get out of the market entirely. You will almost certainly get burned.

GotGauge · 03-02-2009, 08:42 AM

Quote:

Originally Posted by notime

Dow falls below 7,000 as worries about banks mount
Dow Jones industrials fall below 7,000 as worries about global financial system surge

source: http://finance.yahoo.com/news/Dow-fa...-14510516.html

Despite bailout, AIG reports massive loss
American International Group reported a stunning $62 billion quarterly loss today
http://money.cnn.com/2009/03/02/news.../aig/index.htm

This is all BS! These banks have made so much money.
They get the Bailout money for these bad house loans.
They get to keep the houses and resell them!
They get to still run collections on the difference on the inflated house prices that were foreclosed on.
Example. My friend couldn't pay, his house was sold for $60K less than he owed.
The Bank received a bailout for this bad loan, the bank has the house, and the bank says my friend owes them $60k still.. man talk about getting paid Several times..

Just my rant about Banks....

Mutt · 03-02-2009, 08:42 AM

we're fucked - should have just taken the bailout money these thieves blackmailed us into and put it into a fund to help the millions and millions of people who will need food and housing during the long Depression coming. all of them, the banks, the insurance companies, the auto companies should have been left to save themselves or go tits up.

GotGauge · 03-02-2009, 08:48 AM

It's going to be fine guys!
Obama has a plan to cut the budget in half. (guessing like Mexico did, just cut some zeros off)
His Budget is 3.6 Trillion dollars. If you spent One Million Dollars an Hour, 24 hours a day, it would take 411 years to equal 3.6 Trillion dollars...

So I heard anyway!

Homer Simpson said it best DOOHHH!!!!

TeenCat · 03-02-2009, 08:51 AM

rich will be rich, poor will be poorest, civil war is comming ... !

Agent 488 · 03-02-2009, 08:57 AM

Quote:

Originally Posted by Mutt

we're fucked - should have just taken the bailout money these thieves blackmailed us into and put it into a fund to help the millions and millions of people who will need food and housing during the long Depression coming. all of them, the banks, the insurance companies, the auto companies should have been left to save themselves or go tits up.

yup

.

latin · 03-02-2009, 09:05 AM

bad news for rich people

Ethersync · 03-02-2009, 09:12 AM

Quote:

Originally Posted by latin

bad news for rich people

not all and not only

tranza · 03-02-2009, 09:16 AM

FUCK, 60+ billions is a significative loss... How could this happen?

notime · 03-02-2009, 09:50 AM

Quote:

Originally Posted by tranza

FUCK, 60+ billions is a significative loss... How could this happen?

That's just 4 the 4th quarter of 2008. Since I guess 2009 will be worse.....
do the math...

IllTestYourGirls · 03-02-2009, 09:52 AM

Anyone who did not get out at 10 or 9 are fucking stupid. The DOW will bottom near 3,000.

Doctor Dre · 03-02-2009, 09:57 AM

Quote:

Originally Posted by Ethersync

There is no support for the DOW until around 1,000 now that 7,000 is broken

I've said many times that the governments around the world WANT the markets to tank. They need investors to buy their bonds to fund all this bailout/stimulus crap. They will manipulate the markets to make things less stable. They are doing it already...

Unless you are a pro get out of the market entirely. You will almost certainly get burned.

What about the tax money from the compagnies that are going to fail ? you don't make much sense.

cykoe6 · 03-02-2009, 09:57 AM

The market has no confidence in Obama's absurd pork spending binge and massive government expansion. It is going to be a long 4 years.

tony286 · 03-02-2009, 10:00 AM

I had read its got to hit bottom. And that bottom is around 5000 then it can start recovering. We will see.

notoldschool · 03-02-2009, 10:04 AM

Damn that Obama...if only we would have Bush be our president for 4 more years...LOL....or wait better yet....John Mccain and the retarded pageant lady...LOL
Back to work.

notime · 03-02-2009, 10:07 AM

http://finance.yahoo.com/intlindices?e=europe
down 3,46% to 5,67%

http://finance.yahoo.com/intlindices?e=asia
down 3% to 5% also

http://finance.yahoo.com/intlindices?e=americas
down 3.62% to 7.02%

Not a good day for the stock markets. Not good at all.

Ethersync · 03-02-2009, 10:08 AM

Quote:

Originally Posted by Doctor Dre

What about the tax money from the compagnies that are going to fail ? you don't make much sense.

I am not saying they want a total collapse, but there is a risk of that. They clearly DO NOT want the markets to stabilize right now. If they did they would be doing things quite differently. If you add up the total FX reserves of China and Japan there is not enough money to fund what we need for all these stimulus/bailout programs in the US. There is a lot of private money sitting on the sidelines. A stable market means people will invest in the market vs. a treasury bond yielding 1% (or less). Instability and uncertainty will drive private money into these bonds.

notime · 03-02-2009, 01:00 PM

Almost at 6800 and the day ain't over yet. Not good.
Then tommorrow, Asia & Europe will react to todays US indices...
When will all this scary shit end?

onwebcam · 03-02-2009, 02:12 PM

Dow 6,763.29 -299.64 -4.24%

Reak AGV · 03-02-2009, 02:17 PM

Yeah, the sky is kinda falling today!

pornguy · 03-02-2009, 02:24 PM

Quote:

Originally Posted by Mutt

we're fucked - should have just taken the bailout money these thieves blackmailed us into and put it into a fund to help the millions and millions of people who will need food and housing during the long Depression coming. all of them, the banks, the insurance companies, the auto companies should have been left to save themselves or go tits up.

Totally agree. Would have less of an impact than the Bullshit they are doing now.

bushwacker · 03-02-2009, 02:27 PM

The dow should and will be between 3,000 and 3,500.

Magnus · 03-02-2009, 02:39 PM

Some of my options posted 75% gains today.. indexes down.. my options up

yes I am profiting off misery.. keep up the good work.

notime · 03-02-2009, 02:42 PM

I've been hitting F5 every 10 minutes on cnn and finance.yahoo all day after I read 67 Billion loss in one quarter from AIG (..times 4 in my mind...assuming 2008 was better then 2009) and compared to the money they received in bailout, it just did not add up IMO and I just got a "bad vibe".

Tommorrow all investors/banks/media&press/etc. are gonna react to it and that is my fear.

notime · 03-02-2009, 02:51 PM

Quote:

Originally Posted by Magnus

Some of my options posted 75% gains today.. indexes down.. my options up

yes I am profiting off misery.. keep up the good work.

Good to hear you are doing well on the shifting my friend

james_clickmemedia · 03-02-2009, 02:57 PM

yep today triggered a buy order from me.

notime · 03-02-2009, 03:04 PM

Quote:

Originally Posted by james_clickmemedia

yep today triggered a buy order from me.

It's getting easy to predict what's going down

So the "options" are open I guess

I hope your order does well James. We all need some luck now and then next to hard work.

PornMD · 03-02-2009, 03:08 PM

So yea, how much moola did the govt throw away to AIG again? How much of that has probably vanished? Companies do stupid things, make shitty investments, and we reward them! They need to change their name to UGH.

Furious_Male · 03-02-2009, 03:12 PM

Trying to pick a bottom in this market has been a futile effort. I continue to buy on these heavy drops knowing full well I am going to still feel pain. No support at any level down here (short of the psychological level of 700 on the S&P).

The good news is we are starting to see a wash out. When everyone is negative that's a good sign. Everyone needs to lose hope and just give up. Then we can start talking about a bottom being formed.

Hiding in gold could be a mistake right now as well. Margin calls will be coming in fast and furious and the first thing people are going to sell is the winning positions they have (IE: gold) to make the calls.

notime · 03-02-2009, 03:34 PM

Quote:

Originally Posted by PornMD

So yea, how much moola did the govt throw away to AIG again? How much of that has probably vanished? Companies do stupid things, make shitty investments, and we reward them! They need to change their name to UGH.

They had to. It's almost like a legit blackmail because one needs the other. But now the want the whole hand instead of just one finger.
Up to a certain point I feel it's right to help out as a government. I really do.
But most really large businesses are just a bit smarter then politicians and media combined.
Ask any really really good certified accountant. This is where all gets ugly.

03-02-2009, 05:08 AM	#1
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,010	Seen the stockmarkets today...? http://finance.yahoo.com/news/World-...-14508122.html Asia: http://finance.yahoo.com/#market_summary_asia Europe: http://finance.yahoo.com/intlindices?e=europe Last edited by notime; 03-02-2009 at 05:10 AM..

03-02-2009, 05:28 AM	#2
stonehammer Confirmed User Join Date: Feb 2008 Posts: 1,430	looks kinda bad.... __________________ GFY Educational Series: Buying Skimmed Traffic for Websites

03-02-2009, 05:32 AM	#3
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	Dow -119.15 (-1.69%) I wonder if it could dip below 7000 today. __________________ This is me on facebook This is me on twitter

03-02-2009, 05:39 AM	#4
J. Falcon www.AdultCopywriters.com Industry Role: Join Date: May 2006 Posts: 31,089	worse and worse __________________ Adult Copywriters SEO Content for Porn Sites sales at adultcopywriters dot com

03-02-2009, 08:19 AM	#7
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	wow, guess that answers my question. __________________ This is me on facebook This is me on twitter

03-02-2009, 05:41 AM	#5
Sausage Confirmed User Join Date: Oct 2002 Location: Australia Posts: 3,012	Countries put out all these massive bailout and stim packages and the stock markets continue to tank... looks like investors have no confidence in the leadership.

03-02-2009, 07:50 AM	#6
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,010	Dow falls below 7,000 as worries about banks mount Dow Jones industrials fall below 7,000 as worries about global financial system surge source: http://finance.yahoo.com/news/Dow-fa...-14510516.html

03-02-2009, 08:37 AM	#9
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,010	Will AIG fall ? http://edition.cnn.com/2009/BUSINESS...ner/index.html

03-02-2009, 08:39 AM	#11
Tanker Confirmed User Industry Role: Join Date: Nov 2000 Location: Oakville, Ontario, Canada Posts: 9,287	Who at AIG is going to walk away with billions when they fail? __________________ Tanker ICQ 3427575 CCBTools Now featured in the CCBill.com APP STORE

03-02-2009, 08:41 AM	#12
Ethersync Confirmed User Join Date: Mar 2008 Location: London, Saint-Tropez, Bermuda, Moscow Posts: 5,289	There is no support for the DOW until around 1,000 now that 7,000 is broken I've said many times that the governments around the world WANT the markets to tank. They need investors to buy their bonds to fund all this bailout/stimulus crap. They will manipulate the markets to make things less stable. They are doing it already... Unless you are a pro get out of the market entirely. You will almost certainly get burned.

03-02-2009, 08:42 AM	#14
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	we're fucked - should have just taken the bailout money these thieves blackmailed us into and put it into a fund to help the millions and millions of people who will need food and housing during the long Depression coming. all of them, the banks, the insurance companies, the auto companies should have been left to save themselves or go tits up. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

03-02-2009, 08:48 AM	#15
GotGauge Confirmed User Join Date: Nov 2001 Location: USA Posts: 3,072	It's going to be fine guys! Obama has a plan to cut the budget in half. (guessing like Mexico did, just cut some zeros off) His Budget is 3.6 Trillion dollars. If you spent One Million Dollars an Hour, 24 hours a day, it would take 411 years to equal 3.6 Trillion dollars... So I heard anyway! Homer Simpson said it best DOOHHH!!!! __________________ ICQ 22264474 [email protected]

03-02-2009, 08:51 AM	#16
TeenCat Too lazy to set a koala Industry Role: Join Date: Jan 2007 Location: CZ/EU forever! Posts: 16,139	rich will be rich, poor will be poorest, civil war is comming ... ! __________________ 6bot / Coming again very soon! Svit Zlin Radio 24/7!

03-02-2009, 09:05 AM	#18
latin Confirmed User Industry Role: Join Date: Jul 2006 Location: Houston, TX Posts: 327	bad news for rich people __________________ RealTeenLatinas.com \| Affiliate program LaPlayaCash.com

03-02-2009, 09:16 AM	#20
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	FUCK, 60+ billions is a significative loss... How could this happen? __________________ I'm just a newbie.

03-02-2009, 09:52 AM	#22
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	Anyone who did not get out at 10 or 9 are fucking stupid. The DOW will bottom near 3,000. __________________

03-02-2009, 09:57 AM	#24
cykoe6 Confirmed User Industry Role: Join Date: Apr 2005 Location: Vegas Posts: 4,499	The market has no confidence in Obama's absurd pork spending binge and massive government expansion. It is going to be a long 4 years. __________________ бабки, шлюхи, сила

03-02-2009, 10:00 AM	#25
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	I had read its got to hit bottom. And that bottom is around 5000 then it can start recovering. We will see.

03-02-2009, 10:04 AM	#26
notoldschool Confirmed User Join Date: Aug 2007 Posts: 5,687	Damn that Obama...if only we would have Bush be our president for 4 more years...LOL....or wait better yet....John Mccain and the retarded pageant lady...LOL Back to work. __________________ No doubt one may quote history to support any cause, as the devil quotes scripture. -- Learned Hand http://www.bjpenn.com

03-02-2009, 10:07 AM	#27
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,010	http://finance.yahoo.com/intlindices?e=europe down 3,46% to 5,67% http://finance.yahoo.com/intlindices?e=asia down 3% to 5% also http://finance.yahoo.com/intlindices?e=americas down 3.62% to 7.02% Not a good day for the stock markets. Not good at all.

03-02-2009, 01:00 PM	#29
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,010	Almost at 6800 and the day ain't over yet. Not good. Then tommorrow, Asia & Europe will react to todays US indices... When will all this scary shit end?

03-02-2009, 02:12 PM	#30
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 27,416	Dow 6,763.29 -299.64 -4.24% __________________ PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete.

03-02-2009, 02:17 PM	#31
Reak AGV Confirmed User Join Date: Dec 2004 Location: Unknown Posts: 4,283	Yeah, the sky is kinda falling today! __________________ Need Mainstream Content and SEO? SEO * Website Copy * Blogs Blogging - PR Work - Forum Marketing - Social Marketing - Link building - Articles 100% Guaranteed Content!

03-02-2009, 02:27 PM	#33
bushwacker Confirmed User Join Date: Jun 2002 Location: so. fla. Posts: 2,817	The dow should and will be between 3,000 and 3,500.

03-02-2009, 02:39 PM	#34
Magnus Confirmed User Industry Role: Join Date: Dec 2002 Location: Ontariariooooo Posts: 1,211	Some of my options posted 75% gains today.. indexes down.. my options up yes I am profiting off misery.. keep up the good work. __________________ Magnus

03-02-2009, 02:42 PM	#35
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,010	I've been hitting F5 every 10 minutes on cnn and finance.yahoo all day after I read 67 Billion loss in one quarter from AIG (..times 4 in my mind...assuming 2008 was better then 2009) and compared to the money they received in bailout, it just did not add up IMO and I just got a "bad vibe". Tommorrow all investors/banks/media&press/etc. are gonna react to it and that is my fear.

03-02-2009, 02:57 PM	#37
james_clickmemedia Confirmed User Join Date: Apr 2003 Location: Texas / London Posts: 2,204	yep today triggered a buy order from me. __________________ $ CLICKMEMEDIA.COM $ CONVERTING ETHNIC TRAFFIC SINCE 1998 ~ $30+PPS BLACK-X.COM - NEW BLACK EX-GF SITE CLICKMEMEDIA.COM ~ ICQ - 8788771

03-02-2009, 03:08 PM	#39
PornMD Mainstream Businessman Industry Role: Join Date: Jan 2007 Location: San Diego Posts: 9,291	So yea, how much moola did the govt throw away to AIG again? How much of that has probably vanished? Companies do stupid things, make shitty investments, and we reward them! They need to change their name to UGH. __________________ Want to crush it in mainstream with Facebook ads? Hit me up.

03-02-2009, 03:12 PM	#40
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,879	Trying to pick a bottom in this market has been a futile effort. I continue to buy on these heavy drops knowing full well I am going to still feel pain. No support at any level down here (short of the psychological level of 700 on the S&P). The good news is we are starting to see a wash out. When everyone is negative that's a good sign. Everyone needs to lose hope and just give up. Then we can start talking about a bottom being formed. Hiding in gold could be a mistake right now as well. Margin calls will be coming in fast and furious and the first thing people are going to sell is the winning positions they have (IE: gold) to make the calls. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws