Stock Market Just Keeps Getting Worse

[jjgold]

Man are we in big trouble

[compaqDikk]

fish?

[SlickFazzer]

Earnings continue to come in weak. Will be volatile in the 8,000 - 10,000 for months.

[jjgold]

I think Dow goes to 6500 and that will be a bottom

[Chi_archie]

no real reocovery until very early 2010 maybe later..

which is good for a youngin like me, to load up on cheap bargains and oversold blue chips for a while.

[RageWizard]

Good chances are coming soon for all of you long players. The market will try to hold the level it ended at today, but if it can't, we are looking at 7200. Really I have been telling everyone to short the market since February so no one should be hurting. I'm up about 40% this year biatches.

[Illusion]

Atleast oil is falling also. It's down to $67.47 a barrell.

[isetcap]

Earnings continue to come in weak. Will be volatile in the 8,000 - 10,000 for months.

Earnings are coming in continuous beats. Outlooks are the only things that are bad. Companies are posting great revenues but everyone is just certain the consumer is going to go into a cave for Christmas. I'm not so sure. People don't pay for holiday gifts with their IRAs, and unemployment is not anywhere near the level where it can have a marked effect on overall consumer activity. Just like the market was dead wrong when it was at 14k exactly one year ago, it is dead wrong at 8k right now. I can't think of a better time than now to be considering significant positions in equities.

In terms of volatility you are absolutely correct. VIX should be around 50 or higher for quite a while.

[fiveteamer]

[isetcap]

Where the hell is Spellchecker?

[jjgold]

Good job rager

Unemployment is going to go to 20%

[mtneer1212]

Atleast oil is falling also. It's down to $67.47 a barrell.

Yes -- it is falling because all of the guys trading on margin and who have hedged on commodities are now forced to sell to meet their margin call. These damn hedgers and speculators are the reason it was $140 to begin with. I'm happy they are taking a spanking. OPEC is crying because they are only making a 25% profit instead of 300%. They can cut production if they want -- it won't matter, at least right now.

Gas traded at $1.57 today meaning that if you add the .60-.70 cents for taxes and transport cost, $2.15-$2.25 gas should be the norm in about two weeks.

[compaqDikk]

amazron fukkin tanked 13% in after hours. calling a dow bottom of 1650

[Brock Landers]

Good job rager

Unemployment is going to go to 20%

that means 80% ARE employed...

[big joe 1212]

Invest in GE right now! Price is way down and you know they will come back! They always do! Solid stock!

[onlooker]

Gas traded at $1.57 today meaning that if you add the .60-.70 cents for taxes and transport cost, $2.15-$2.25 gas should be the norm in about two weeks.

That would be nice.

[SlickFazzer]

Invest in GE right now! Price is way down and you know they will come back! They always do! Solid stock!

GE has a nice dividend as well.

[jjgold]

There are no good buys right now, we are in for serious trouble

The Country is in huge debt and know way to get out

[Helmut]

It's only going to get worse! Anyone buying stocks is a complete and utter fool that soon will be parted from is money. Jobless claims up once again more than expected. Foreclosure rates nearly doubled last quarter. We are in the early stages of the most horrific depression mankind has ever seen.

[Fishhead]

We are 500+ pts ABOVE our month lows.........

I hope we can go back under 8,000 soon............

[big joe 1212]

It's only going to get worse! Anyone buying stocks is a complete and utter fool that soon will be parted from is money. Jobless claims up once again more than expected. Foreclosure rates nearly doubled last quarter. We are in the early stages of the most horrific depression mankind has ever seen.

This fool bought $5000 in GE last week!

I might lose for a while, but see me in 5 years!

By the way, Warren Buffett put something like 5 Billion in the market last week also, so I guess he is a fool also?

[l7ustin]

Yawn, overreaction. Great time to buy on the stock market.

[RageWizard]

We are going to get the mother of all dead cats right now starting tommorrow, so load up and stay in until the s&p gets near the 50 day moving average, then short as the market falls apart great depression style.

[Bluehorseshoe]

By the way, Warren Buffett put something like 5 Billion in the market last week also, so I guess he is a fool also?

But that doesn't mean he's in it for the long haul.

The guy is 78 years old. That might be a give away.

[donjuan]

that means 80% ARE employed...

No it doesn't. You should probably go ahead and figure out how unemployment is defined.

[RealSlimShady]

Most barreled in stock recently : LVS(Las Vegas Sands). Take a look at it's chart, guys!

[SlickFazzer]

Yes, a 52 week range from 148 to 8 is tough to stomach if you have ridden it all the way down.

[smitch124]

Is that the Maloofs?

[SlickFazzer]

Is that the Maloofs?

No, that is Palms which is private i believe.

[wtf]

Is that the Maloofs?

adelson, that chart is one ugly bitch. will stay ugly cause the chinese government greatly restricted travel to macau. once every three months for most provinces.... macau is nice to visit now.

[smitch124]

wtf?

[Fishhead]

I think Dow goes to 6500 and that will be a bottom

This year?

2011?
2012?

[Scorpion]

Fears grow as millions of Americans lose jobless benefits

[Scorpion]

It would be much worse if dollar was not the worlds reserve currency, what happend to euro is good for dollar, i hope it gets worse for euro

[BigdaddyQH]

The market is being manipulated. It goes up or down despite the economy or the news. Unemployment jumps, the market goes up. Unemployment drops, the market goes down. The guys who invest millions are the players here. They are expert at manipulating the market, just like the wise guys are expert at manipulating football lines.