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FROM their position high in the Eurotower, the skyscraper headquarters of the European Central Bank in the heart of Frankfurt, staff keep an eagle eye on what is happening in the money markets around Europe. Ben Bernanke and Mervyn King knew well in advance, that the Cookie is Crumbling, and have long alerted their close cronies to sell their existing stocks, before the market crash. Central Banks from Uk, Franfort and Japan, had to fill in the 'vacuum' in order to stabalize the sinking titanic. Monday 13 will see Billions of Dollars, being wiped out of Global Markets. Traders have been be placed on suicide watch as the [stock] market is expected to bleed heavily.
www.theaustralian.news.com.au...
Originally posted by MasterRegal
How about this, I predict a modest rally on Monday. Okay, maybe this, the bears win on Monday, but it is no crash.
This is what, the ninth prediction of a crash in the last two months?
Originally posted by whitewave
Hey Chicken Little, got any weather reports to back up your claim that the sky is falling? A news report? A stock market report? A magazine article? Anything? At all? Would love to see your evidence so I can be better informed on how to handle my portfolio but haven't seen any yet. Please share so the rest of us can make informed decisions. Thank you.
Originally posted by Fifth_Column
Monday 13 : Global Market Crash, WATCH this Space.
Originally posted by Fifth_Column
Monday 13 : Global Market Crash, WATCH this Space.
Originally posted by SkepticOverlord
I predict Monday will see the DJIA up by about 140, after a morning dip. Watch this space.
By V. Phani Kumar
Last Update: 9:22 PM ET Aug 12, 2007
HONG KONG (MarketWatch) -- Asian indexes advanced after a volatile start on Monday, with Japanese shares higher on automakers such as Honda Motor Co. and Toyota Motor Corp., while Australian stocks gained on financials such as National Australia Bank.
SINGAPORE, Aug. 13 — If there is a crisis in global financial markets, it wasn’t apparent in Asia today.
After Friday’s slide in Asia, some of the region’s biggest markets sprang back today. They were helped by the slight recovery on Wall Street after the close of Asian markets late last Friday.
Australia’s benchmark index gained 1.3 percent and South Korea’s main index rose 1.6 percent.
Sales at U.S. retailers rose a slightly more-than-expected 0.3 percent in July and they were even stronger once car and gasoline sales were stripped out, Commerce Department data showed on Monday.
...
So-called core retail sales, which exclude cars, gasoline and building materials, were up 0.6 percent from a 0.3 percent gain in June.
...
In fact, furniture and home furnishings sales rose 0.5 percent and building material and garden supplies were up 0.2 percent. Sales of clothing and accessories jumped 1.3 percent, while sales at food and beverage stores, health and personal care also advanced.
Originally posted by SkepticOverlord
We'll see a surge after the morning bell, and a finish of over 220 in the DJIA.
Originally posted by Crakeur
we can give you a live stream video, you can scream about stocks, act like a buffoon and pump and bash and in the backroom,
Originally posted by yeahright
But then he'll have to change his screen name to "Ben Dunn".
U.S. stocks gained Monday after Goldman Sachs Group Inc. reinforced one troubled hedge fund with additional capital and central banks funneled more cash into global financial systems, easing worries about a worldwide credit squeeze.
Better-than-expected retail sales also supported Wall Street's move higher, with investors drawing hope that consumers continue spending despite the troubled housing market.